National News
By Peter Ricci We all get a kick out of walking around our neighborhoods and surveying everyone’s holiday decorations, and indeed, few things looks nicer than a brightly-lit, tastefully-decorated home in the wintry months. But what about homes you
By Peter Ricci National home values rose 1.1 percent from September to October in the latest Zillow Home Value Index, which is the largest monthly increase since August 2005 and the 12th consecutive month of value increases for the
By Peter Ricci Well, it’s here – after gorging on delicious helpings of turkey and potatoes on Thanksgiving, it’s now time to splurge on televisions, clothing, DVDs and various home furnishings on Black Friday, the official start of the
By Peter Ricci So, today is Thanksgiving, the notorious Turkey Day when we satisfy our prodigious appetites with turkey, stuffing, mashed potatoes, sweet potatoes, casseroles of the corn and green bean variety, and rolls – not to mention ice cream, pies,
By Peter Ricci Real estate has undergone a radical change in the last 15 years, but perhaps no area of the industry has changed more dramatically than that of how prospective homebuyers search for properties. What used to be
By Peter Ricci The National Association of Home Builders/Wells Fargo Housing Market Index, the nation’s most reputable measure of homebuilder confidence, rose five points in November, increasing the overall index to 46, its highest point since May of 2006. The
By Peter Ricci As a sales-based industry, real estate depends on clients, and as sales personnel, real estate agents benefit when they have a solid grasp of who those clients are and why they are interested in what they are
By Peter Ricci Privately-owned housing starts in October rose 3.6 percent from September to an annual rate of 894,000, which is the highest rate since July 2008, according to new numbers from the U.S. Census Bureau. That total was
By Peter Ricci Existing-home sales rose 2.1 percent in October, according to the National Association of Realtors latest market report. Housing inventory, though, declined again in October, adding further pressure to home
By Peter Ricci The U.S. mortgage markets and the housing market on the whole showed continued improvement in the latest Mortgage Delinquency Survey from the Mortgage Bankers Association (MBA), which studied delinquency and foreclosure rates across the country for
By Peter Ricci Once a year, in the last gasps of the autumn season, Christmas comes early for the residential real estate markets – the National Association of Realtors (NAR) releases its yearly Profile of Home Buyers and Sellers; and
By Natalie Terchek Fannie Mae’s Economic & Strategic Research Group released a new edition of its Housing Insights survey that examines how the recession affected homeownership and rental markets. Interestingly, even with rents rising, homeownership rates are on a
By Peter Ricci There have been many unfortunate side effects to the housing downturn, but for homebuyers and agents who have been able to capitalize, there has been one decided benefit – heavily discounted REO properties, with price reductions
By Peter Ricci Unless you’ve been living in severe isolation the last couple months, you know all about the so-called “Fiscal Cliff,” the rather dramatic name that the media has given to the latest round of budgetary disputes facing
By Peter Ricci In case you missed it, Freddie Mac announced what has by now become common in real estate – mortgage interest rates hit new record lows last week, with the 30-year FRM falling to 3.34 percent and the
By Natalie Terchek Real estate company Century 21 is returning to the Super Bowl’s marketing roster for the second year in a row. According to Beverly Thorne, Century 21’s CMO, the company is expected to air a 30-second commercial
