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2012 NAR Profile of Home Buyers and Sellers: Sellers and Agents

By Peter Ricci The findings of the National Association of Realtors’ (NAR) 2012 NAR Profile of Home Buyers and Sellers on the home search process was perhaps the most encouraging part of the entire study, as it found that though

What Does an Obama Second Term Suggest for Housing?

By Peter Ricci In a free webinar open to the public, the National Association of Home Builders (NAHB) assessed the politics and economics surrounding the housing market following the reelection of President Obama. Featuring Jerry Howard, the association’s CEO, Jim Tobin,

CoreLogic Home Price Index Posts Best Month in Six Years

By Peter Ricci Home prices rose 6.3 percent year-over-year in October according to the latest Home Price Index from CoreLogic, which is the biggest yearly increase since June 2006 and the eighth consecutive month of yearly increases. This is the

Clock is Ticking for Mortgage Forgiveness Debt Relief Act

By Peter Ricci The fiscal cliff, and its implications for the U.S. economy, may be receiving all the attention from the media, but the National Association of Realtors (NAR) is doing its darnedest to ensure that another, equally potent

Residential Construction Boosts Construction Spending by 3 Percent in October

By Peter Ricci Construction spending, on the strength of the residential construction market, rose 1.4 percent from September to October and 9.6 percent from October 2011, according to the latest figures from the U.S. Census Bureau. It was another

NAR Receives Best in Biz Award for Forward Business Practices

By Natalie Terchek The National Association of Realtors (NAR) received a gold Best in Biz award for its forward-looking business practices. The independent business awards program honors companies and executives for their business successes. It is judged by industry

Are Negative Equity Mortgages Holding Back the Housing Recovery?

By Peter Ricci Falling housing prices during the housing downturn were, for prospective homebuyers and investors, a pretty smashing development. Housing affordability soared, and for those in the position to purchase a residence, deals could be had at nearly

2012 NAR Profile of Home Buyers and Sellers: Selling Experience

By Peter Ricci For the last two weeks, we’ve taken a detailed look at the homebuyers side of the National Association of Realtors’ 2012 Profile of Home Buyers and Sellers, analyzing demographics, the home search process, what kinds of

3 Reasons that Home Prices Have Increased in 2012

By Peter Ricci With few exceptions, home prices have been on the rise through most of 2012, and in noticeable ways – the most recent Case-Shiller Home Prices Indices, which Standard & Poor’s released on Tuesday, reported that home

NAR: Pending Home Sales Index Rises 13.2 Percent

By Peter Ricci The Pending Home Sales Index, a forward-looking measure of real estate activity from the National Association of Realtors (NAR) that tracks contract signings, rose 13.2 percent year-over-year in October, hitting its highest mark since March 2007

Monthly Mortgage Payments Average in Florida, Finds Lending Tree

By Peter Ricci Monthly mortgage payments in the Sunshine State are pretty average, according to an expansive study by Lending Tree of the various states’ mortgage payments in the last 12 months. As Lending Tree found, monthly mortgage payments

HousingPulse Survey Finds First-Time Homebuyers Missing Out

By Peter Ricci First-time homebuyers have always played an integral role in the housing market, but the latest HousingPulse Survey from Campbell/Inside Mortgage Finance has found that they may be missing out on the housing recovery. After surveying 2,500

2012 NAR Profile of Home Buyers and Sellers: Lending Standards

By Peter Ricci Now that the real estate markets have begun a slow, steady recovery, it’s become commonplace for analysts to debate what factors are holding back housing from the rollicking, surging recovery we all dream about. From negative

New Single-Family Home Sales Rise 17.2 Percent in October

New single-family home sales continued their strong 2012 performance, with sales in October rising more than 17 percent from last year. By Peter Ricci New single-family home sales increased 17.2 percent year-over-year in October, according to the latest joint report

2012 NAR Profile of Home Buyers and Sellers: Repeat Business

By Peter Ricci Referrals, it’s safe to say, are the lifeblood of a real estate agent’s career. Though networking and prospecting are invaluable for generating leads, it is through stellar service, and the referrals that such service generates, that

Green Building Market Expected to Triple by 2016

By Peter Ricci The 2013 Dodge Construction Green Outlook report, McGraw-Hill’s oft-cited study of the green building market, is predicting great things for green building in the U.S., estimating that the market will more than triple in the next

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