National News
Florida has the sixth most unfair tax system in the country. That was one of the findings in WalletHub’s application of a nationally representative survey to rank which states had the most and least fair tax systems. The survey reflected what
Market slows in an expected drop as summer comes to a close After three straight months of gains, existing-home sales dipped in August, despite slowing price growth and a positive turnaround in the share of sales to first-time buyers,
Chinese investors who are looking to buy a home in the U.S. will have to pay more, after China’s central bank devalued the yuan on September 15 and 16 in order to make the currency relative to the U.S.
According to the 2015 U.S. Green Building Economic Impact Study, conducted by the U.S. Green Building Council, the green building sector is anticipated to provide 2.3 million American jobs this year – a result of construction growth. The green construction
The maelstrom of litigation swirling around syndication heavy hitters Zillow and Move Inc. continues to grow. News recently broke that Zillow filed a countersuit in response to the “whistleblower” letter, written by former Zillow vice president Chris Crocker, Move first
Interest rates are staying right where they are…for the time being. And so the speculation continues for another month. After weeks of outside editorial, predictions and warnings, the Federal Reserve announced today that it will leave interest rates at their
Mortgage standards are easing across all loan types, according to the new Mortgage Lender Sentiment Survey from Fannie Mae. The survey was conducted in August, and asked senior mortgage executives whether their organizations’ standards had eased, tightened or remained
Builder confidence in the market for newly constructed single-family homes rose another point to 62 points on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It is the highest number since October 2005. David Crowe, the
According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications declined 7.0 percent from the week prior. Refinancing activity was down by 9 percent, while purchase mortgages were down by 4 percent. Refinancing comprised 56.2
A Pew Research Center study highlights the problems facing Millennials who attempt to purchase a home A new study released by the Pew Research Center highlighted that Millennials are still struggling to live independently, despite the strengthening job market. While the
Plan revamps mortgage program to better benefit borrowers’ needs People with low to moderate income are gaining a boost when it comes to getting a mortgage. In an effort to better suit borrower needs, Fannie Mae has announced they
According to a new National Association of Home Builders study, 70 percent of builders generally use between 11 and 30 subcontractors to build one single-family home. On average, a typical builder would use 22 subcontractors to build a house. Here is
According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications declined 6.2 percent from the week prior. Refinancing activity was down by 10 percent, while purchase mortgages were down by 1 percent. Refinancing comprised 56.9
A new NAR analysis argues that lack of new construction hinders housing growth New home construction is insufficient in a majority of metro areas, according to new research by the National Association of Realtors. NAR measured the amount of
Keller Williams has increased its employee base by 17 percent since January 1 to more than 125,000 associates. In the first half of 2015, Keller Williams broke monthly records as the sales volume increased 26 percent to $100 billion,
A few months back, Zillow Group, the new conglomerate of Zillow and Trulia, rolled out a new feature that allowed brokers to review a variety of listing metrics through its Zillow Data Dashboard, from impressions to total listing views.
