National News
Home prices in Miami continue to rise Home prices in the Miami metro area rose 0.4 percent monthly and 7.4 percent year-over-year in August, according to the new Case-Shiller Home Price Indices from Standard & Poor’s. Though Miami’s monthly price growth was consistent
Will Fannie Mae and Freddie Mac ever change? Investors and housing advocates alike have anxiously awaited government plans to reform Fannie Mae and Freddie Mac, but recent comments by Obama administration officials indicate they’ll have to wait a bit longer.
The economy on a whole may be doing better, but most Americans are not directly experiencing those gains The unemployment rate is currently 5.1 percent, down substantially from where it was five years ago. Since bottoming in March 2009, the
Employees of all backgrounds left the construction industry and didn’t come back More than five years after the housing downturn, homebuilders are still grappling with a lack of construction workers, according to a new Wall Street Journal report. There are 1.3 million
Trulia sought to find some of the most unnaturally hazardous places in the country Halloween is nearly upon us, which means it’s time to break out our jack-o-lanterns, cue up our YouTube mixes for Thriller and The Monster Mash,
Without the surging apartment sector, where would new construction be in 2015? Housing starts in September were up 6.5 percent from August and 17.5 percent from Sept. 2014 to a seasonally adjusted annual rate of 1.026 million, which is the
According to the new Better Money Habits Millennial Report from Bank of America, while 84 percent of Millennials are self-reliant when it comes to managing their own finances, 41 percent are constantly stressed about money. Moreover, the report found that money stress
Ninety percent of all U.S. homes are under insulated, according to a new report released by the North American Insulation Manufacturers Association (NAIMA). The report pulled data from the 2009 Residential Energy Consumption Survey and used insulation estimation techniques
Builders are now more confident than at anytime since the housing boom Builder confidence in the market for newly constructed single-family homes rose three points in October to a level of 64 on the National Association of Home Builders/Wells
The new median size for single family homes is 2,450 square feet. According to the 2014 Survey of Construction (SOC) data from the Census Bureau and NAHB analysis, this is the second highest average since 2009. The new size in
Yet another study finds that a majority of Americans are on financially insecure footing Sixty-two percent of Americans have inadequate savings. That alarming statistic was the main finding of a Google Consumer Survey that GoBankingRates, a national website that
Resurgence of wire fraud scams alarms NAR Wire fraud, or fraud using telecommunications technology, is on the rise in real estate transactions, according to a new report in the Washington Post. The scam works like this: hackers gain access to either
On Oct. 3, lenders finally reached the much-delayed compliance deadline imposed by TRID. However, in an effort to assist smaller lending, title and escrow companies reach a level of sustainable compliance with the new documentation, a bipartisan bill was introduced, and
Here is a list of fresh apps in 2015, all of which benefit agents’ business in intriguing ways. MileIQ: Car and truck expenses are the most claimed tax deduction for small businesses, and few professionals spend more time behind
The National Association of Home Builders Young Professionals Committee was recently formed to inspire young homebuilding professionals under the age of 45 to become association leaders. New members will be involved in national networking, education and advocacy initiatives. And when filling out an application, the association is recommending
Housing has made considerable progress the last few years, but elements of the downturn still linger. Recently, there have been many promising developments in housing. New construction, for instance, is becoming more affordable, and new home sales are up
