National News

February Existing-Home Sales Decline Following Sustained Gains

Existing-home sales fell in February following three straight monthly increases, according to the National Association of

Rents on the Rise

As the mortgage crisis continues, a lot of people being foreclosed upon are forced into rental properties. In addition, younger generations are not looking to buy because of the high costs of home ownership. With the amount of renters

HUD and Census Bureau Report on February Residential Construction

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for February

New Exhibit Explores Green Neighborhood Design

Tuesday, the U.S. Green Building Council’s (USGBC) “Neighborhoods Go Green! Scaling up Sustainability” exhibit opened in Washington,

Young Homebuyers Will Lead Housing Market Recovery

Generation X –young families and adults ages 31 to 45 – are likely to lead the home buying recovery as it gets underway, according to real estate experts who spoke at an educational webinar produced by the National Association

Mortgage Purchase Applications Decrease Slightly in Latest MBA Weekly Survey

Mortgage applications decreased 0.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 11,

Builder Confidence Edges Up One Point in March

After four consecutive months hovering at the same low level, builder confidence in the market for newly built, single-family homes improved by a single point in March, rising to 17 on the National Association of Home Builders/Wells Fargo Housing

MRED Offers Service to Speed Up Short Sales

Midwest Real Estate Data LLC (MRED) has announced it has entered into an Agreement with Fannie Mae to provide its customers the Fannie Mae Short Sale Assistance Desk (“Assistance

Realtors Advocate National Flood Insurance Program Reform

Congress needs to strengthen and reauthorize the National Flood Insurance Program for the long term to prevent undermining the fragile real estate market recovery, the National Association of Realtors said in testimony today before the House Financial Services Subcommittee

Donald Trump Roasted on Comedy Central

Real estate developer, entrepreneur, and all-around tough guy Donald Trump was recently ‘roasted’ on Comedy Central; the event is set to air tomorrow night, Tuesday, March 15 at 10:30 p.m.

NAHB Indices Show Optimistic Outlook for Multifamily Development

Two quarterly indices produced by the National Association of Home Builders (NAHB) indicate a return to healthy market conditions for both new and existing apartment and condominium

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 15.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending March 4,

Housing Aid Termination Bills Won’t Last

As the House of Representatives seeks to end the Obama Administration’s housing aid programs, one source in the Senate tells HousingWire.com the termination bills are “dead on

Zillow Expands Zestimates to Include Rentals

Zillow yesterday launched “Rent Zestimates,” a one-of-a-kind tool that can be used as a starting point for determining a home or apartment’s estimated monthly rent price. The launch expands on Zillow’s popular Zestimate home valuations and empowers renters and

Number of Foreclosures Drops Significantly

The number of foreclosure notices nationally has dropped significantly dropped — 27 percent — for the month of February compared to this time last year. Does this mean that we are nearing an end to the foreclosure crisis or

Homeownership Essential to Job Growth and Economy, Say Realtors

Testifying before a Senate panel yesterday, National Association of Realtors President Ron Phipps told members of Congress that sustainable homeownership must be the goal when considering future federal housing

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