News / Features

New Short Sale Timelines to Begin for Mortgage Servicers

Mortgage servicers, namely the nation’s five largest banks, will have to adapt their business models to new timelines starting this week for short sales, as some of the regulatory aspects of the state attorneys general mortgage settlement are implemented

Supply and Demand on Realtor.com

Listed inventory on Realtor.com fell by 22 percent in February compared with a year ago, but according to the site, that drop was accompanied by a 6.8 percent increase in asking price, which signified a greater interest from prospective

Outlook Brightens at the Federal Reserve

Policy makers at the Federal Reserve raised their expectations for the economy in 2012, with stronger-than-anticipated results in employment and consumer behavior motivating the positive change in perspective. The Fed said it expects moderate economic growth and gradually declining

Baird & Warner Ad Campaign Hopes to "Reinvigorate" the Market

Baird & Warner has unveiled an unconventional ad campaign that addresses theresidential sales market head-on and encourages consumers to see the possibilities of how homeownership can lead to a more fulfilling

Have No Fear, Bernanke is Here

Federal Reserve Chairman Ben Bernanke attempted to calm the nerves of community bankers earlier today with a pre-recorded message directed at the pending effects of the Dodd-Frank financial regulatory bill. Appearing before the Independent Community Bankers of America convention in

Homebuilders Prepped for Spring Rebirth in New Home Sales

Spring is often seen as a time for growth and rebirth, and those metaphorical aspects, based on new estimates and projections from some of the nation’s largest homebuilders, have rarely been more appropriate. According to Barclay Capital analysts, 2012

Rentals and Homes Running in Opposite Directions

A new index from Zillow has found an inverted relationship between median rental prices and home values last year, with rents rising 3 percent from January 2011 to January 2012 and home values falling 4.6 percent. Released for the

Freddie Finances Showing Gradual Improvement

Freddie Mac ate its latest serving of humble pie late last week when it reported yet another year of losses and made an additional request for funds from the U.S. Treasury, but it also dampened the news with some

Constructing an Improvement For U.S. Employment

Construction employment may have been down slightly in February, but it is part of a larger trend in the jobs market that points to a slow, but sustainable growth for the U.S. economy through 2012 and beyond. For February, construction jobs

New NAHREP Report Signals Arrival of the Hispanic Homebuyer

Hispanics are anticipated to contribute in transformative ways to the U.S. housing market in the coming years, according to an expansive study of the increasingly prominent demographic by the National Association of Hispanic Real Estate Professionals

REO Magic Tricks at the Government Sponsored Enterprises

The Department of Housing and Urban Development released data last week that both GSE and its own REO inventories were reduced by nearly 50 percent in 2011, a result of both higher sales and the robo signing-inspired foreclosure freeze.

Countdown Begins for GSE Slow Down

Save the Date! The Federal Housing Finance Agency (FHFA) has officially committed to a Dec. 31 end date for establishing a securitization plan for Fannie Mae and Freddie Mac, the long-troubled GSEs that the agency is slowly winding out

Illinois House Puts the Bottle Cap on Property Taxes

By Peter Ricci A new bill approved by the Illinois House would prohibit cities, counties and other local government bodies from raising property taxes on homeowners for years when the assessed value of their home declines. Passing by a

From Realtor to Broker: Determining the Model

By Amanda Lopez, AGBeat.com When you are a Realtor with the itch to be an indie broker, one of the hardest decisions you will make is  what type of brokerage you want to build. Realizing this early on is

Housing Affordability Hits Highest Level in History

By Tara Steele, AGBeat.com Economic indicators show housing is improving, and while recovery is not necessarily imminent, housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of Realtors’ (NAR) Housing

Default Risk at Lowest Level in Seven Years

By Peter Ricci Default risk for American homeowners fell to its lowest level in seven years in the first quarter of 2012, according to the latest Default Risk Index from University Financial Associates (UFA), with improving economic conditions being

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