National News
The Federal Housing Administration revealed its plans on Feb. 22 to broaden foreclosure relief for the victims of 2017’s natural disasters. The move would affect all FHA-insured homeowners in areas affected by Hurricanes Harvey, Irma and Maria, as well as
Abode, a new free digital platform that aims to make the homebuying and selling process easier for both consumers and real estate agents, was launched in 2017 by tech entrepreneurs Kyle Stoner and Carson Junginger. “People often describe buying
National home values are rising at their slowest pace since November 2016, according to the most recent Zillow Real Estate Market Report. Home values increased 6.7 percent last year to a median home value of $207,600, marking the slowest pace
A majority of millennials wish to someday own a home, but are unsure if their dream will become a reality, according to a recent survey by ValueInsured. The Modern Homebuyer Survey found that the desire to own a home among millennials
Existing-home sales fell 3.2 percent in January for the second consecutive month, according to the National Association of Realtors. Last month’s total existing-home sales, including single-family homes, townhomes, condominiums and co-ops, saw the largest annual decline in more than
If you’re thinking of buying or renting a property in Miami in the new year, you may want to consult your checkbook first. GOBankingRates looked at Zillow’s year-over-year home value and rent forecasts as well as the U.S. Bureau
With its double-pronged approach to cater to both agents and homebuyers, Homesnap continues to increase its reach in the industry, recently securing $14 million in series B funding. Homesnap serves more than 800,000 agents and brokers, helping them boost productivity
While tight inventory continues to nag the U.S. housing industry, homebuilders around the country are confident in the market, according to the National Association of Home Builders. The Housing Market Index revealed that builder confidence for new single-family homes
As the mortgage rate slowly rises in the beginning of this year, only 6 percent of homebuyers said they would cancel their plans to buy if mortgage rates surpassed 5 percent, according to a late 2017 survey by Redfin. By the end
In the final three months of 2017, home prices overall reached an all-time high in 114 markets, according to the latest quarterly report by the National Association of Realtors. The national median price for a single-family home in the
Rich millennials, dubbed the “New Aristocracy”, are shaping to be a profitable and impactful generation in the world of real estate. According to a recent report by Luxury Portfolio International, New Aristocracy buyers, driven by large inherited wealth, are
Lennar’s previously-announced merger has succeeded, now making CalAtlantic a wholly-owned subsidiary. The merger was approved by 99.4% of the Lennar stockholder votes and 99.9% of the CalAtlantic votes, according to Housing Wire. “We are extremely pleased to announce the completion of
Trulia has launched a new tool to help homebuyers who may encounter discrimination due to their gender or sexual orientation. The real estate listing company will now include a feature called Local Legal Protections, that gives insight into a
Singles aspiring to become homeowners require patience before they can fulfill this element of the American dream, almost 11 years’ worth, according to a new Zillow analysis. To afford a 20 percent down payment on the average U.S. home,
According to new analysis of a consumer survey from the National Association of Realtors, the vast majority of non-homeowners said that they want to own a home in the future. NAR recently analyzed the results of its 2017 Housing
Home prices continue to significantly rise both year over year and month over month, according to CoreLogic’s Home Price Index (HPI). U.S. home prices in December 2017 were a substantial 6.6 percent more than December 2016 and 0.5 percent more
