Hey! Congress did something good! Here’s a great piece of news for the holiday season – in a refreshing act of bipartisanship, the Senate approved a measure 76-16 this week to extend the Mortgage Debt Forgiveness Act (MFA) through 2015;

As the temperature falls, so have existing-home sales, but numbers still indicate a slow return to normalcy. The market peaked for 2014 in October, according to the National Association of Realtors recently released existing-home sales report. In November, existing-home

The Fed’s language on interest rates changed at its last meeting, throwing into question its future policies. It’s the big question on everyone’s mind – when will the Federal Reserve decide to raise interest rates? Indeed, there are few

The negative equity situation in Miami has improved markedly, according to new research by Zillow. Here is some encouraging news for you to end the week with – here in the Miami area, the share of mortgage properties in negative equity

Spending package offers prolonged mortgage debt relief but faces uphill battle.   As is their recent tradition, Congress is continuing to squabble following the sweeping Republican victories in the midterm elections, and it may lead to thousands of Americans

Builder confidence remains high while home construction continues to trod along – what gives? Builder confidence this month fell just one point, according to the latest Housing Market Index from the National Association of Home Builders. Finishing up 2014

U.S. and Cuba exchange prisoners in a small step towards larger change. In what pundits are hailing as a landmark move towards improving U.S.-Cuba relations, top representatives from the two nations will soon start talks on how they can

We all want to think that an explosion is pending in Millennial homeownership, but the numbers to justify that are hardly cooperating. The last few months, we’ve reported consistently that the big problem facing housing (as well as the

The headlines have been merciless regarding the latest new construction report, but was it truly that bad? We’ve seen the headlines too, and on the surface, they’re not pretty – per the latest numbers from the Census Bureau, housing

Everyone knows that mortgages and rents have ran in opposing directions, but the numbers are still jaw-dropping. For some time, we’ve been hearing two independent narratives in housing: one, that mortgage rates and payments were at an all-time low;

What should you know about home sellers, heading into the 2015 housing market? Our last few stories on NAR’s 2014 Profile of Home Buyers and Sellers has focused on the buyer-side of the equation, but now we’re finally taking

Google announces intentions to begin labeling websites as “mobile-friendly.” By the end of 2014, eMarketer predicts that upwards of 4.55 billion people will own a mobile phone, and 1.75 billion of those will be smartphones. Ostensibly, that means by

New cash sales report says more of the same – we’re staying consistent. In September, cash sales increased slightly despite the autumnal slump, but remain at relatively low levels, according to a new report from CoreLogic. In recent months,

Miami is home to one of the nation’s most active and sought after condominium markets, offering spectacular oceanfront views and immediate access to the city’s infamous blend of international cultures. In late November, Krystal Tower, Miami’s newest upscale condo

With Fannie and Freddie’s new mortgage rules coming into effect, the industry questions the impact they’ll truly have. Earlier this month, new lending guidelines previously announced by Fannie Mae and Freddie Mac came into effect, and now the industry

It looks like Naples, Fla. will soon be enjoying the resources and talent of a award-winning national homebuilder, as Ashton Woods Homes announced earlier today it had purchased lots and plans to build a number of single-family homes in