National News

2010: The Year of Not-So-Empty Nesters

By Tom Butala A recent study from the National Association of Realtors shows that the amount of young adults living at home is at its highest level since the early

NAHB Chief Economist: “This Year’s Spring Selling Season Will be Better Than Last Year’s”

Housing will see gradual improvements in activity this year as the nation’s economy and job market continue to move to higher ground, establishing momentum that will produce more considerable gains in 2012, according to economists who appeared at the

Home Listings Average More Than Two Price Reductions in December

The number of price-reduced homes on the market this December remained at high levels compared to 2009, rising 23.4 percent according to a report surveying 26 US markets issued by national real estate brokerage,

Trulia Going Global with International Home Search Capabilities

Trulia.com has announced a partnership with ListGlobally, a global property listings firm, to provide Trulia users with the ability to search for homes outside the U.S. Trulia will be ListGlobally’s exclusive partner in the U.S. for international real estate

Record 2.9 Million U.S Properties Receive Foreclosure Filings in 2010

RealtyTrac released yesterday its Year-End 2010 U.S. Foreclosure Market Report, which shows a total of 3,825,637 foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on a record 2,871,891 U.S. properties in 2010, an increase

Zillow Surfaces Thousands of Real Estate Agent Ratings

Real estate website Zillow.com has today rolled out the ability for homebuyers and sellers to search for and find local real estate agents based on ratings and reviews from former clients.

2010 Top Ten Most Searched Real Estate Markets Released by Realtor.com

Realtor.com has released data showing the ten top-searched real estate markets in 2010. While many real estate markets experienced extraordinary highs and lows in response to tax credits, low interest rates and price swings, consumer interest in real estate

Trulia.com Seeks Mobile Innovation in 2011

After impressive growth in 2010, real estate site Trulia.com will focus increasingly on mobile content in

FHA Issues Guidance for Reverse Mortgage Borrowers

The Federal Housing Administration (FHA) yesterday released guidance to homeowners and lenders that use the reverse mortgage or Home Equity Conversion Mortgage (HECM) program and are dealing with outstanding property taxes and unpaid hazard insurance premiums. FHA’s guidance is

National Pending Home Sales Continue Recovery

Pending home sales rose again in November, with the broad trend over the past five months indicating a gradual recovery into 2011, according to the National Association of

Sandra Bullock Named Most Desirable Celebrity Neighbor for 2011

U.S. adults would most like to be neighbors with Sandra Bullock in 2011, according to the fourth annual Zillow Celebrity Neighbor Survey. The survey asked U.S. adults which celebrities and politicians they would most like to be their neighbor,

National Association of Realtors Reflects on 2010

2010 has been a year of real estate contrasts. While many consumers have taken advantage of historic buying opportunities and the market has seen a gradual stabilization of sales and prices, other challenges facing the nation have led some

Obama Administration Releases December Housing Scorecard

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the December edition of the Obama Administration’s Housing Scorecard. The latest housing figures show continued home affordability in the housing market,

Small Home Builders Keep the Nation’s Housing Industry Alive

Small home builders are the mainstay of the nation’s housing industry, including a sizable number of self-employed mom-and-pop operations, according to a new study by economists at the National Association of Home

Homeowners Recoup More with Exterior Replacement Projects

As part of the 2010-11 Remodeling Cost vs. Value Report, the National Association of Realtors recently rated exterior replacement projects among the most cost-effective home improvement projects, demonstrating that curb appeal remains one of the most important aspects of

U.S. Housing Market Shows 23 Percent Year-Over-Year Rise in December National Price Reductions

Trulia.com has released its December price reduction report for the U.S. housing market. Nationally, the number of listings with at least one price cut grew by 23 percent, from 22 percent in December 2009 to 27 percent in December

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