National News

Mortgage Applications Cool Down From Last Week

Mortgage applications decreased 6.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 25, 2011. The results do not include an adjustment for the President’s Day

USGBC Releases List of Top 10 States with LEED-Certified Buildings

The U.S. Green Building Council (USGBC) today released its 2010 list of top 10 states for LEED-certified commercial and institutional green buildings per capita, based on the U.S. 2010 Census

HSBC Halts U.S. Foreclosure Activity

According to the Associated Press, London-based HSBC Holdings is suspending foreclosures in the

NAR Chief Economist: “Fundamentals for Housing Recovery are Developing”

Pending home sales eased moderately in January for the second straight month, but remain 20.6 percent above the cyclical low last June, according to the National Association of

Housing Affordability Rises to Highest Level in Two Decades

Nationwide housing affordability during the fourth quarter of 2010 rose to its highest level in the 20 years since it has been measured, according to National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) data released

New Home Sales Drop in January

According to the U.S. Census Bureau and the Department of Housing and Urban Development, new single-family home sales fell in January compared to the month

NAR Reports Another Rise in Home Sales

The uptrend in existing-home sales continues, with January sales rising for the third consecutive month with a pace that is now above year-ago levels, according to the National Association of

RealtyTrac Report Shows Decline in Foreclosures

RealtyTrac released yesterday its Year-End and Q4 2010 U.S. Foreclosure Sales Report, which shows that foreclosure homes accounted for nearly 26 percent of all U.S. residential sales during the year, down from 29 percent of all sales in 2009

S&P Case-Shiller Home Price Indices Shows Mixed Progress in Local Markets

Data through December 2010, released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, show that the U.S. National Home Price Index declined by 3.9 percent during the fourth quarter

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 13.2 percent from last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 18,

National Survey Reveals Renter Moving Plans for 2011

For the first time in years, the apartment rental market is beginning to experience signs of recovery as the U.S. economy slowly begins to

NAR Faces Allegations of Inflating Existing-Home Sales Reports

The National Association of Realtors (NAR) is facing allegations of inaccurate reports of existing-home sales dating back to

New Tool Launched for LEED Professional Credential Holders

The Green Building Certification Institute (GBCI) has launched the CMP Wizard, an interactive online tool to help LEED Professionals understand their Credential Maintenance Program (CMP) requirementsand explore continuing education

First Tier Suburbs Are a “Sweet Spot” For Development and Investment

Once bypassed in the stream of investments being funneled into downtown cores and outlying suburbs, first-tier neighborhoods are emerging in the post-recession era as major magnets for urban growth, according to Urban Land Institute Chief Executive Officer Patrick L.

Miami is Fourth Top City with Most Attached Home Closings Last Year

Miami ranked No. 4 in Housing IntelligencePro’s list of cities across the country that recorded the most attached home closings last year compared to 2009. New York recorded the

National Home Prices on the Rise

For the first time in six months, home sales in the 54 U.S. markets surveyed in the RE/MAX National Housing Report are greater than one year ago. The year-to-year sales difference has been improving for three consecutive months; in

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