National News

New Bill Works to Expedite Short Sale Approval

Short sales can take months to approve, but with the help of a potential new bill, homeowners may find themselves receiving a response to short sale requests within a mere 45

Bank of America Increases Support Centers

Bank of America plans to open 28 new help centers, for a total of 40 help centers across the U.S., in order to accommodate troubled homeowners in need of mortgage

Facebook Ad Reach on the Rise

Marketing through social media platforms — including Facebook — is constantly on the rise, and effectively impacting businesses of all kinds, including real

Four Percent Increase in Mortgage Applications Last Week

Mortgage applications experienced a 4 percent increase last week (April 29), according to

NAR Proposed Due Increase: Voice your Opinion

The National Association of Realtors recently proposed a membership due increase of up to 50 percent, potentially increasing 2012 membership dues from the current $80, to $120, according to AgentGenius, in an effort to reshape campaign

Miami Home Prices Fall 6.2 Percent from 2010

Prices of single-family homes declined in 20 metropolitan areas by 0.2 percent from January to February, according to the S&P/Case Shiller composite index released today. This decrease places the current composite index of 139.7, just slightly above the 2009

New Bill to Streamline Short Sales

A new bill introduced earlier this week aims to change long lender delays with short

Feds Settle with Major Lenders

Federal bank regulators yesterday announced settlements with the nation’s largest mortgage lenders for unethical foreclosure practices that were identified in 2010

Pew Poll Shows Americans Still Value Homeownership

Amidst one of the worst economic recessions in American history, a recent telephone poll conducted by the Pew Research Center shows that the majority of Americans still place a great deal of value in their

Mortgage Apps Decrease in Latest Weekly Survey

Mortgage applications decreased from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 8,

Webby Awards Nominees Announced

Nominees for the 15th annual Webby Awards were announced this morning, with numerous candidates emerging from the real estate

Chicago-based Firm Offers First Groupon Real Estate Deal

Chicago-based Dream Town Realty has capitalized on Groupon’s massive sphere of influence, offering the first real estate deal through the online coupon

March ComScore Stats Show Trulia Busier Than Zillow

Web traffic analytic service ComScore has released data on real estate sites Zillow and Trulia’s March 2011

Altos Research Update Shows Weekly Price Improvements

Altos Research has released its April 2011 Real Time Housing Market Update, showing a gradual improvement in national  home prices on a week-over-week

FHA’s Mortgagee Review Board Enforces New Regulations

The Federal Housing Administration’s Mortgagee Review Board (MRB) has announced a settlement agreement with a Massachusetts mortgage lender for failing to fully verify whether borrowers could sustain their mortgage payments prior to refinancing their

NAR Evaluates Impact of Federal Government Shutdown

As the Federal government is in negotiations today to avoid an overall shutdown, the Nation Association of Realtors (NAR) has taken a look at what the potential shutdown would mean for the real estate

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