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Fannie Mae’s Housing Insights Examines Homeowner and Rental Markets

By Natalie Terchek Fannie Mae’s Economic & Strategic Research Group released a new edition of its Housing Insights survey that examines how the recession affected homeownership and rental markets. Interestingly, even with rents rising, homeownership rates are on a

Does it Still Pay to Buy REO Properties?

By Peter Ricci There have been many unfortunate side effects to the housing downturn, but for homebuyers and agents who have been able to capitalize, there has been one decided benefit – heavily discounted REO properties, with price reductions

How Will the Fiscal Cliff Affect Real Estate?

By Peter Ricci Unless you’ve been living in severe isolation the last couple months, you know all about the so-called “Fiscal Cliff,” the rather dramatic name that the media has given to the latest round of budgetary disputes facing

2012’s Record Low Mortgage Interest Rates – A History Lesson

By Peter Ricci In case you missed it, Freddie Mac announced what has by now become common in real estate – mortgage interest rates hit new record lows last week, with the 30-year FRM falling to 3.34 percent and the

Century 21 Returns to Super Bowl Marketing Roster

By Natalie Terchek Real estate company Century 21 is returning to the Super Bowl’s marketing roster for the second year in a row. According to Beverly Thorne, Century 21’s CMO, the company is expected to air a 30-second commercial

Is a 15 Percent Increase in Home Prices a Good Thing for Housing?

By Peter Ricci Lawrence Yun, the chief economist of the National Association of Realtors, is known for his optimistic predictions about the housing market, and he just recently made another notable projection: home prices, according his projections, will rise by

Dan Marino Trades Football for Real Estate in MMD Realty Canada Voyage

By Peter Ricci Miami Dolphins great Dan Marino is trading the pigskin for real estate in what is surely among the most creative attempts to stoke foreign interest in Miami’s surging real estate

Housing Market Continues To Improve in Redfin Real-Time Seller Survey

By Peter Ricci The housing market continued to show signs of incremental improvement in Redfin’s latest Real-Time Seller Survey, a study of the homebuyers attitudes towards real estate in the fourth quarter. A sample of 1,287 homeowners throughout the

The Real Estate Numbers Game – How Do Agents Price Their Properties?

By Peter Ricci The real estate numbers game, as any agent knows, is not always the most fun of activities. Indeed, pricing a home is a delicate balancing act between accurately valuing the home, attracting potential homebuyers and, of

Fannie Mae Reports Robust Third Quarter Income of $1.8 Billion

By Peter Ricci Fresh off the positive financial news from Freddie Mac, sister GSE Fannie Mae is reporting great numbers of its own, with a third quarter net income of $1.8 billion. That income was strong enough, Fannie reported,

Realtor Confidence Index Falters on Tight Home Lending Standards

By Peter Ricci The Realtor Confidence Index from the National Association of Realtors (NAR) faltered a bit in September, with tight home lending standards stalling the index’s momentum. The index had been rising steadily through most of 2012, and

What’s Next for Housing? 3 Post-Election Issues to Follow

By Peter Ricci So…what’s next for housing? That’s the question on many real estate professional’s minds, now that the presidential election has finally concluded with the reelection of President Obama. On election day, we surveyed what was at stake for

CoreLogic Home Price Index Rises 5 Percent in September

By Peter Ricci Home prices increased 5 percent year-over-year in the CoreLogic Home Price Index, which is the biggest increase in more than six years for the index and the seventh straight month of yearly increases. On a month-to-month

FindLaw Survey – Americans Encouraged by Housing Market

By Peter Ricci Consumer sentiment towards the housing market has been gradually improving in Fannie Mae’s National Housing Surveys, and a new FindLaw survey has found that the situation is improving other notable ways. According to the FindLaw survey,

Freddie Mac Avoids Treasury Funds with Huge Q3 Earnings

By Peter Ricci Embattled GSE Freddie Mac reported a monster third quarter in its latest financial report, with a net income of $2.9 billion that will allow the firm to avoid drawing additional funds from the U.S. Treasury. It

How Did NAR’s Political Candidates Fare in the Election?

By Peter Ricci The National Association of Realtors spends quite a bit of money advocating Realtor issues, and nowhere are its expenses more prominent than in the realm of politics. In 2012 alone, NAR contributed $2.92 million to political

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