National News
By Peter Ricci Well, it was bound to happen sooner rather than later. House Democrats have renewed their calls for President Obama to fire Ed DeMarco, the acting director of the Federal Housing Finance Agency (FHFA) who has single-handedly
She ruled in beauty o’er this heart of mine, A noble lady in a humble home, And now her time for heavenly bliss has come, ‘Tis I am mortal proved, and she divine. “Soleasi Nel Mio Cor” by Petrarch
By Peter Ricci The housing market received some well-earned recognition last night in President Obama’s State of the Union address, with the president praising the market’s rising home prices, strengthening purchase market and the rebounding construction
By Peter Ricci Median existing single-family home price rose 10.0 percent in the fourth quarter of 2012 year-over-year, the strongest yearly increase for home prices since the fourth quarter of 2005, according to the National Association of
By Peter Ricci The typical Realtor was less experienced in 2012 than in 2011, according to the latest numbers from the National Association of Realtors (NAR), which found that Realtors last year had, on average, 11 years of experience,
By Peter Ricci Tonight, President Obama will deliver the first State of the Union address of his second term, and along with the expected comments on gun control, climate change and immigration, recent reporting by the Washington Post suggests that
By Peter Ricci A wide number of factors contribute a listing selling for its ultimate price, but recent research suggests that the home’s timeliness could add thousands to the final sale
By Peter Ricci The monthly release of Standard & Poor’s Case-Shiller Home Price Indices is always a red letter day for the housing market, an authoritative indicator on where the housing market is headed. The reason for that importance
By Peter Ricci Consumer confidence in the housing market continued to climb in Fannie Mae’s January National Housing Survey, as more and more consumers approved in the direction of the housing recovery. Most notably, the percentage of survey respondents
By Peter Ricci The latter winter months are often an awkward time for prospective homebuyers; though competition for real estate is sparse, inventory is often slim as well, and homebuyers are often caught between a rock and a hard
By Peter Ricci The National Association of Home Builders’ (NAHB) Improving Markets Index expanded to 259 metropolitan markets in February, according to the latest tally from the NAHB. That’s up from 242 in January, and all 50 states now
By Peter Ricci Home prices rose a robust 8.3 percent year-over-year in December according to the latest CoreLogic Home Price Index. That’s the biggest increase since May 2006 and the 10th consecutive monthly increase for the Home Price Index;
By Peter Ricci A number of prominent economic analysts are anticipating good things for the housing market in the coming months, with home prices, mortgage delinquencies and foreclosures all moving in positive territories and further strengthening the already recovering
Asking prices increased 5.9 percent year-over-year in January in the latest Trulia Price Monitor, an assessment of all the asking prices on the website’s
By Peter Ricci Despite a recession, economic adversity has done little to quell the passion of real estate professionals for their industry. According to the newest survey by WorkPlace Dynamics on U.S. businesses and industries, real estate was the nation’s best
By Peter Ricci Construction spending increased 9.2 percent in 2012, according to the latest analysis by the U.S. Census Bureau, closing out what has been the most positive year for the construction industry in the post-bubble housing
