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HOME survey reveals diminished housing and economic optimism

Optimism regarding homebuying and home-selling is down in the final quarter of 2017, according to the National Association of Realtors’ (NAR) fourth-quarter Housing Opportunities and Market Experience (HOME) survey. The percentage of homeowners who believe now is a good time

FHA to increase floor and ceiling loan limits in 2018

The Federal Housing Administration announced that it will raise loan limits in more than 3,000 counties nationwide in 2018. In total, 3,011 counties will have higher loan limits next year, up slightly from 2,948 counties in 2017 and a significant

Trulia: U.S. housing inventory down more than 10 percent

Tight inventory has nagged the U.S. housing market all year, but in the last quarter of 2017, the number of homes for sale plunged 10.5 percent year over year — the largest decrease since 2013, according to Trulia.  The

Mortgage delinquency dips to lowest rate in more than a decade

The number of past-due mortgage payments and of homes currently in some stage of foreclosure are the lowest they’ve been in 10 years, according to the monthly CoreLogic Loan Performance Insights Report. The report, which analyzes the health and

Agents not spared from effects of net neutrality repeal

The Federal Communications Commission vote on Thursday to repeal Obama-era net neutrality rules will have enormous consequences for the real estate industry, the National Association of Realtors said in reaction to the hotly contested move. Real estate agents and companies

Amazon Echo introduces Agent Neo, real estate matchmaking app

On top of playing your favorite music and giving you weather reports, Amazon’s Alexa is adding a new skill to her vast voice-activated repertoire — helping users buy and sell homes. Agent Neo, a new real estate app on

FHA to stop insuring mortgages with PACE loans

In a move the housing industry deems a victory, the U.S. Federal Housing Administration will no longer insure mortgages on homes that also carry liens by the Property Assessed Clean Energy program, PACE. When the Obama administration decided to

NAR seeks to impact tax reform

The National Association of Realtors (NAR) released a letter Tuesday asking Congress to make three critical changes to the tax reform bill. NAR President Elizabeth Mendenhall calls upon Congressional leaders to “retain current law on the capital gains exclusion for the

Minority homeownership lags in the United States

While homeownership continues to be a key part of the American Dream, minorities in the United States lag behind the rest of the country in homeownership rates. According to a new report from ABODO Apartments, a national apartment listing

Redfin: The average American home costs 18 bitcoins

Bitcoin, the first ever cryptocurrency to function independent of a bank or middleman, soared last month from $5,870.37 per coin on Nov. 12 to $16,650.01 on Dec. 12, a 183.6 percent jump. As of Dec. 21, its value was

Compass gains $450 million in real estate tech investment

Real estate tech company Compass announced it received a $450 million investment from Japanese company SoftBank Vision Fund on Dec. 7. This investment stands as the largest real estate technology investment in U.S. history and brings the total capital

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Fannie Mae: Housing sentiment nears all-time high in November

The Fannie Mae Home Purchase Sentiment Index (HPSI) grew to 87.8 in November, a 2.6 point increase from October, nearing September’s all-time high and marking a year-over-year increase of 6.6 points. Four of the six HPSI components increased. The

Short-term extension approved for National Flood Insurance Program

Congress approved a short-term extension for the National Flood Insurance Program (NFIP), which was included in a temporary federal government funding deal made Dec. 7. The extension ensures the program will operate as normal through Dec. 22. Its future, though,

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Top five home perks buyers will not give up

With home prices skyrocketing and inventory in high demand, it’s not surprising that homebuyers have started sacrificing some of their most desired amenities in the name of finding an affordable home. In the current market, buyers are willing to

Fannie Mae: Gig economy workers hope to buy houses, but not in near future

We see evidence of it everywhere — big pink mustaches on car dashboards, round black “U” stickers slapped on the back of car windows and friends allowing out-of-towners to rent rooms in their homes for a modest price. The

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Forecast: 2018 market to favor buyers

Inventory, the Achilles’ heel of the 2017 housing market, is expected to loosen up in 2018, providing relief for buyers who were edged out of the market this year, according to the realtor.com 2018 Housing Forecast. The report expects

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