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Housing Market Continues to Improve in Fannie Mae Economic Report

By Peter Ricci For the second time in as many weeks, the housing market has been bolstered by some analytical support, receiving high marks from the latest Fannie Mae economic report. In the GSE’s latest Economic & Strategic Research

Housing Market Earns Props in Federal Reserve’s October Beige Book

By Peter Ricci The U.S. housing market earned some well-deserved recognition from the Federal Reserve in its October Beige Book, with the Fed singling out the industry for its strong 2012 performance. A widespread measure of economic activity in the Fed’s 12 economic

Estately Study Finds White House The Reigning Presidential Crib

By Natalie Terchek With both the presidential election and real estate in the headlines, an interesting Estately study compares the homes of President Barack Obama and Mitt Romney – though the residences of neither candidate, the study found, can compete

Privately-owned Housing Starts Leap 15 Percent in September

By Peter Ricci Privately-owned housing starts posted their best numbers in more than four years, rising 15.0 percent from August to September to an annual rate of 872,000, according to the latest joint report from the Census Bureau and

South Floridians To Receive $2k In Landmark Settlement

By Carlo Calma An estimated 167,000 Florida residents who lost their home to foreclosure may each get about $2,000 as part of a historic joint state-federal settlement with the country’s five largest mortgage companies, as reported by the Sun-Sentinel.

Kardashians, Reality Show Shunned From South Beach

By Stephanie Sims The people have spoken – the residents of a Miami suburb, where Kim and Kourtney Kardashian wanted to live and film their new spin-off reality show, “Kourtney and Kim Take Miami,” have said the reality stars

NAHB Housing Market Index Rises To Highest Level Since June 2006

By Peter Ricci The National Association of Home Builders’ (NAHB) Housing Market Index rose for the sixth consecutive month in October, bringing the index to its highest level in more than six years. Indeed, the index, which covers builder confidence

Panelists Warn of Pending MID Changes at Zillow Housing Forum

By Peter Ricci For months now, real estate professionals and industry analysts alike have pondered the fate of the mortgage interest tax deduction (MID), but according to panelists at the Zillow Housing Forum late last week, we should brace

Fed Governor Duke: Vacant Housing Limiting Scope of Recovery

By Peter Ricci Vacant housing remains a problem for the U.S. real estate market, and until it is fully addressed, the housing market will never achieve a full recovery – at least that was the perspective of Elizabeth Duke,

NAREP, New Real Estate Association, Formed to End ‘Syndication Abuse’

By Peter Ricci Online listing syndication is one of the more controversial elements of the new real estate market, with real estate professionals of numerous backgrounds speaking out against the business methods of Zillow, Trulia and Realtor.com. Now, however,

NAR: Low Valuations in Home Appraisals Still Causing Contract Woes

By Peter Ricci You gotta hand it to home appraisals – they are persistent buggers. Despite repeated coverage by the press and constant pressure by the National Association of Realtors (NAR), every month, an uncomfortable share of Realtors report

Atlantic Pacific Development Awarded By LBA

By Carlo Calma Florida-based Atlantic Pacific Development (AP Development) received the Residential Developer of the Year award at the Latin Builders Association (LBA) Annual Awards Luncheon Sept. 28 at the Hyatt Regency Miami. Rudy Rojas, Alex Lastra and Joseph

September Home Prices Up 5 Percent in Redfin Real-Time Price Tracker

By Natalie Terchek The latest Redfin Redfin Real-Time Price Tracker reports that national home prices increased 5 percent from a year ago in September, despite their typical seasonal decline, and decreased just under 1 percent from August. The results matched their

3 Hugely Important Housing Policies Being Debated by Congress

By Peter Ricci The presidential election cycle is massive – all-encompassing, even – and it has the nasty habit of overwhelming the daily news cycles and rendering all other news items obsolete. But of course, the United States does

Foreclosure Filings Lowest in 5 Years in RealtyTrac Market Report

Foreclosure filings in the month of September were down 7 percent from August and 16 percent from September 2011, according to the latest U.S. Foreclosure Market Report from RealtyTrac. All in all, the 180,427 foreclosure filings reported in the

Realogy IPO a Success, Shares Up 25 Percent in First Day’s Trading

By Peter Ricci Realogy shares have leapt 25 percent in the first day of trading after a hugely successful IPO for the real estate services company, according to market reports. This marks the second successful real estate IPO in

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