National News
By Peter Ricci It’s no mystery to anyone that follows the U.S. real estate market that foreign buyers are a major force. In the last year alone, international residential sales were $82.5 billion, a 24 percent increase from the
By Stephanie Sims Since The Dark Knight opens today at theaters, we thought this infographic from Movoto about how much Batman’s home would be worth in today’s market was
By Stephanie Sims With its recent announcement that it would stop wholesale lending, Wells Fargo has yet another announcement: the company will also start cutting its Realtor joint ventures that engage in mortgage banking activities due to regulation changes.
Existing-home sale price for all housing types rose 7.9 percent year-over-year in June in the National Association of Realtors’ latest housing report. It’s the fourth straight month of yearly price increases, a streak that has not occurred since 2006.
By Peter Ricci Nearly six in 10 respondents to the latest Real Estate Buyer’s Agent Council (REBAC) survey reported higher buyer interest in 2012, a 34 percent increase from 2011 and one of the strongest signifiers yet of greater
By Peter Ricci The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) posted notable gains in July, rising six points to its highest level since March of 2007. The six-point increase is the largest one-month gain for the
By Peter Ricci The presidential campaign season is one rife with rumors and myths, and during 2008, President Obama was the center of quite a few of them – that he was a Muslim, that he was sworn in
By Peter Ricci Libor, or the London interbank offered rate, has been a constant fixture in the news cycles the last couple of weeks, with each story weighing more importance on the oddly-named term. Very little has been said,
By Peter Ricci You know the message is good when even the Wall Street Journal reports it – real estate in the U.S. has been doing pretty good in 2012. Recent government reports were notable for their optimistic tone, home
By Peter Ricci It’s the ever-present question on everyone’s mind, right up there with the meaning of life and the purpose of the Higgs Boson – what DO homebuyers want, in today’s real estate market? All kidding aside, it’s
By Stephanie Sims With zombies trending lately, in pop culture and several times in the news scarily enough, perhaps your clients have wondered aloud whether or not they should buy a property that would defend against any future apocalyptic
Wells Fargo is shutting down its wholesale lending business as part of a broad settlement with the Justice Department for a discriminatory lending lawsuit. The San Francisco-based bank will also pay borrowers $125 million to settle claims and commit $50 million
By Ian McKendry Real estate agents around the country are finding more and more utility from computer tablets that are incredibly mobile and have large displays, making them easy on the eyes. To date, Apple’s line of iPads has dominated
The National Association of Home Builders/First American Improving Markets Index (IMI) expanded yet again last month, with the NAHB adding 11 more metros to the index, which now totals 84. A measure of improving economic conditions, the IMI now
It was seven years ago that ICANN, the nonprofit that oversees top-level domain names, announced it would allow new domain names in addition to .com, .net and .org, and this summer, it was revealed that the National Association of
After a few months of relative silence, the Consumer Financial Protection Bureau (CFPB) made considerable waves on Monday with its released of a 1,099-page rule detailing its new standards for mortgage disclosure forms. Intended to simplify the process for
