National News

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

Fewer Homeowners Heading for Foreclosure

A new study found that there are fewer homeowners heading into

U.S. Government Speeding Foreclosure Resales Up

The U.S. government is taking action to speed the resale of foreclosed properties by temporarily expanding access to Federal Housing Administration mortgage insurance, U.S. housing officials

NAHB Hopeful New Construction Market Will Rebound This Year

The National Association of Home Builders hopes that this is the year for a rebound. There is reportedly more interest from potential buyers, the organization said, and new housing construction has increased during the month of

MBA Reports Decrease in Mortgage Applications

The Mortgage Bankers Association (MBA) released yesterday its Weekly Mortgage Applications Survey for the week ending February 11, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 9.5 percent on a seasonally adjusted basis from

Housing Starts Up 14.6 Percent in January

According to mam.Econoday.com, U.S. housing starts have climbed in the month of

Homesellers Cut Prices to Accommodate Prospective Buyers

Homesellers continue to discount their asking price in an attempt to entice buyers to move towards a purchase according to a report issued by national real estate brokerage

Home Price Stabilization Seen in Most Metro Areas during Fourth Quarter

Home sales rebounded in 49 states during the fourth quarter with 78 markets – just over half of the available metropolitan areas – experiencing price gains from a year ago, while most of the rest saw price weakness, according

Clear Capital Reports U.S. Home Prices Show Life in 2011

Clear Capital has released its monthly Home Data Index (HDI) Market Report, and reports positive indicators for home prices in

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