National News
Miami’s foreclosure market has improved markedly in the last year, according to RealtyTrac In the first half of 2015, foreclosure activity in the Miami metropolitan area fell 30 percent from the same time period last year, according to RealtyTrac’s Mid-Year 2015
Throughout the first four months of 2015, home sales in the U.S. were the best they’ve been in eight years. Helped by a one-half percentage drop in fixed mortgage rates, home sales from January to April this year surpassed
MLS faces 10 big problems with no easy answers Commissioned to the Swanepoel | T3 Group, The National Assocation of Realtors’ recent “Danger Report” analyzes the industry from multiple vantage points, including agents, brokers and associations. The intent behind this
New realtor.com feature to test increased agent responsiveness, impact on leads A lack of responsiveness from agents has always been a chief complaint among buyers and sellers. In an effort to address customers’ complaints and provide brokerages with better lead
U.S. mortgage rates were increasing at steady clip in 2015 until global economic events intervened The economic turmoil in Greece and China could possibly benefit U.S. homebuyers. That cause and effect was the chief finding in Freddie Mac’s latest Primary Mortgage
Is strong market prediction too bold to make? Fannie Mae released their June National Housing Survey results with an overall conclusion that a strong market was shaping up for the summer. However, when looking at the specific year-over-year data, the results are more
Mortgage applications decreased 4.7 percent last week, according to the data from the latest Mortgage Bankers Association’s (MBA) survey. The Market Composite Index, which measures mortgage loan application volume, dipped 4.7 percent. Similarly, the Refinance Index decreased 5 percent
What details in latest jobs report bear the most significance for housing? The nation’s unemployment rate fell from 5.5 to 5.3 percent in June, while the overall economy added 223,000 nonfarm payroll jobs, according to the Bureau of Labor
Over the last year, distressed home sales have become far less prominent in Florida’s housing market Distressed sales throughout Florida comprised 16.3 percent of all home sales in May, a marked drop from the 30.1 percent market share of a year
Residential construction spending may be up in 2015, but some areas performing better than others Residential construction spending was at a seasonally adjusted annual rate of $359.5 billion in May, according to the latest data from the U.S. Census
Recession technically over, but challenges remain for housing market Six years ago, the recession officially ended. However, 41 percent of Americans still think the housing crisis is happening, and a new study by the Joint Center for Housing Studies of Harvard University has
Home prices positive in latest Case-Shiller, but are there signs of a slow down? Home prices in the Miami area posted strong gains in Standard & Poor’s latest Case-Shiller Home Price Indices, rising 0.9 percent from March to April and 8.5 percent from
Construction is down in the market’s lower end, and economists say they know why The construction industry continues to make strides bringing more new homes to the market, a Census Bureau report on housing permits recently showed. But while
The Consumer Financial Protection Bureau decided to again amend its proposal to extend the forthcoming TILA-RESPA Integrated Disclosure rule compliance deadline, this time pushing the effective date from Oct. 1 to Oct. 3. “The bureau proposed Oct. 3 as
May was a solid month for pending home sales activity, but uncertainty remains for housing’s future Pending home sales continued their hot streak in May, rising by monthly and yearly measurements to their highest level in nine years, according to
Civil rights groups are celebrating the Supreme Court’s recent decision on disparate impact claims, but is it too early? The Supreme Court’s affirmation of an appeals decision endorsing the citation of disparate impact in housing cases – which means evidence
