New-home sales rose slightly in October by 1.3 percent to a seasonally adjusted annual rate of 307,000, according to new data from the Commerce Department released this morning. The data, which represented a 4,000-unit increase from September, beat economists’

Financial institutions insured by the Federal Deposit Insurance Corp. (FDIC) displayed positive gains on lower loan-loss provisions in this year’s third quarterly report; 63 percent of the FDIC’s client banks reported higher earnings, according to FDIC data cited by

According to a survey by Reuters of economists and housing analysts, U.S. home prices will begin to improve in 2013, only after another year of stagnant recovery in 2012.  The survey polled 27 economic analysts between November 17 and

Thanksgiving is a time for family, community and scrumptious dining; or, if you’re an agent, a great time to list and sell properties! A new story in The Los Angeles Times by Lauren Beale has spotlighted several agents off the

The Super Committee, the congressional panel charged with cutting $1.2 trillion from the federal budget, failed to meet a deadline this week, casting government budget conflicts and housing-related cuts in further distress. Though the cuts would not be scheduled

Housing affordability displayed slight improvements in the third quarter of 2011, with interest rates at their lowest levels and  affordability near the highest levels it has been in over twenty years, according to the National Association of Home Builders

Both Republicans and the Obama administration agree, surprisingly enough, that the government should back off a little from the housing market, according to a Washington Post article by Zachary Goldfarb. But executing the plan is easier said than

Freddie Mac released its Economic and Housing Outlook report for November 2011 yesterday, and according to the report, the country is right in the midst of the most affordable home-buying market in decades, though recent home sales don’t reflect

There may be more than 3 million homes officially for sale nationwide, but a recent Miami Herald investigation has shown that millions of additional properties lay dormant in housing’s “shadow inventory,” many of them tucked away on bank’s balance

The House of Representatives voted in favor for a bill that re-raised the limit of conforming jumbo mortgages for the Federal Housing Administration (FHA), ending a nearly two month gridlock in

The annual conference and exposition held by the National Association of Realtors (NAR) in Anaheim, California, included an inaugural dinner and awards ceremony for new inductees in the Council of Residential Specialists’ (CRS) 2012 leadership team, on November 12.

States with the slowest foreclosure processes might see their federal funding suspended until conditions improve, according to HousingWire’s Jon Prior. During a House committee hearing Wednesday over bonuses paid to Fannie Mae and Freddie Mac executives, Edward DeMarco, Federal

Year-over-year housing inventory was down 21 percent in October, according to a RE/MAX housing report cited by HousingWire. The decline is the 16th straight month of falling inventories. In addition, agents reported a 7.7 month supply of homes to

Apparently, academics and media outlets aren’t the only ones following Pew research polls. After releasing a study in October on multigenerational housing – which reported that in the last 30 years, 23 million Americans have transitioned to multigen housing,

Thanks to $749 million worth of grants from the Department of Housing and Urban Development (HUD), thousands of very-low-income seniors and disabled persons will have access to affordable and supportive

Housing starts increased in October by 16.5 percent, year-over-year, to a seasonally adjusted rate of 628,000, according to the most recent data from the U.S. Census Bureau and the Department of Housing and Urban