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National News

Is Homeownership Still Integral to the American Dream?

Homeownership is often pegged as the ultimately realization of the “American Dream,” but a new study from the MacArthur Foundation finds consumers may not agree with that sentiment. The housing crisis changed many things in the housing market –

New Home Sales Jump 18.5 Percent in March

March was another solid month for newly built residential home sales, as the new construction market bounced back from a disappointing February. After a disappointing February, the sales of new single-family homes returned to form in March, with sales

Apartment Markets Improve Across the Nation, According to NMHC Survey

Survey Results Show Apartment Markets Have Grown Tighter This Year Apartment markets have improved across the nation, according to the National Multi Housing Council’s (NMHC) April Quarterly Survey of Apartment Market Conditions. All four indexes of the survey – Market

Limited Inventory Causes March Existing-Home Sales to Decrease

NAR’s latest survey found that existing-home sales decreased in March due to limited inventory, which continued to pressure home prices. Existing home sales decreased 0.6 percent to a seasonally adjusted annual rate of 4.92 million in March from 4.95

Economic Growth Stronger Than Expected for First-Quarter

The economic growth pace is above-trend and expected to set a moderate pace for the year Economic growth has accelerated to a pace of 3.2 percent, according to Fannie Mae’s Economic & Strategic Research Group. This pace is above-trend,

April Mortgage Activity At Highest Level Since 2010

The mortgage markets have been on a bumpy ride the last five years; are the latest numbers from the Mortgage Bankers Association, though, a positive sign? Mortgage applications rose 4.8 percent last week to their highest level since May

45 Percent of Homebuyers Choose Lender on Agent Recommendation

The agent/lender relationship is a darned important one, and a new survey highlights just how influential agents are in the creation of that relationship. The relationship between agent and lender is one of the more integral in real estate,

3 Ways the Obama Budget Could Affect Your Business

The 2014 Obama budget has been garnering plenty of attention from the press, but how could it affect your residential real estate business? Well, it’s that time of the year! Oh yes, the nation’s capitol has begun the early

Housing Starts Up 46.7 Percent in March

The construction industry put up some truly stratospheric numbers in March, with multifamily housing pushing starts to their highest level since 2008. Propelled by a surging multifamily housing sector, the construction industry put up its best housing numbers in

Will Rising Interest Rates Threaten Housing Affordability?

Homebuyers have been enjoying some of the highest levels of housing affordability in decades, but will rising interest rates compromise that? The housing downturn has affected quite a few players in the real estate scene, what with its falling

Is Builder Confidence Faltering?

Why is builder confidence in the Housing Market Index faltering, despite prime market conditions for new construction? A new NAHB report explains. Housing inventory is the lowest it’s been since 2005, yet the demand for quality homes (preferably new

Millennial Interest in Homeownership Surges

Millennials are widely expected to spearhead the housing recovery, and a new survey from PulteGroup has highlighted some of the demographic’s key attitudes towards housing. We’ve written quite a bit about millennials the last few months, and for good

FHFA Extends HARP Through 2015

It’s been a bumpy ride for the FHFA, figuring out its HARP program, but with refinancings now in full swing, it has decided to extend the program. In what is surely the most ironic housing development thus far in

Q1 RealtyTrac Foreclosure Report a Mixed Bag

Foreclosure filings fell 23 percent nationally in 2013’s first quarter, but the situation in many local markets offered a more nuanced portrait. Foreclosure filings nationwide declined in RealtyTrac’s latest U.S. Foreclosure Market Report, though unsurprisingly, the situation was a

What’s Going On With The Rental Market, in 3 Easy Steps

The rental markets are enjoying their greatest prosperity in years; why, then, do the latest numbers from Reis look so darn underwhelming? On first glance, the multifamily housing market in the U.S. in pretty good shape; in fact, it’s

Housing Market Attitudes Stay Positive, According to Fannie Mae Survey

Housing market attitudes remain optimistic in this recovery process, according to Fannie Mae’s March 2013 National Housing Survey results. Even though more Americans are pessimistic about their personal finances and the economy, they continue to remain positive about the housing

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