According to the third quarter National Housing Survey conducted by Fannie Mae, there may be a correlation between consumer attitudes and personal experience. Results found pessimistic responses regarding the economy from those who know someone who has defaulted on

ActiveRain, the social networking site for Realtors, is more than a “Facebook for agents;” rather, it’s an important professional networking resource, one that can introduce agents to scores of valuable industry contacts. As such, it’s valuable to optimize your presence

According to a report from Reuters, recent comments by Department of Housing and Urban Development Secretary Shaun Donovan suggest that the government is considering new rounds of refinancing aid for American homeowners, beyond the recent revisions to the Home

A lawsuit filed by Illinois Attorney General Lisa Madigan against mega-bank Wells Fargo got the green light today from a state court judge. The suit, which was originally filed in the summer of 2009, alleges that Wells Fargo engaged

During the boom years, bigger and better was the mantra for everyone in the housing market, most of all developers. “McMansions,” as they were called, sprang up in suburbs across the country, and everybody seemed to have the financing

Seeking to debunk the conventional wisdom on detached homes, a new piece by Wendell Cox of New Geography, citing data from the 2010 American Community Survey, throws down the gauntlet on detached housing, claiming the housing type is not

Homes sales in Miami reached a five-year high for the month of September, increasing 15.1 percent from last year to 8,546 transactions, according to DataQuick statistics cited in a HousingWire article. The sales data is the highest level for

Allied Home Mortgage Corporation and its CEO James Hodge were suspended today for fraudulent lending practices that cost the government hundreds of millions of dollars. The U.S. Department of Housing and Urban Development (HUD) is considering debarring Hodge and

According to new data from the U.S. Census Bureau, construction spending rose for the second straight month, in increasing 0.2 percent from August to September to a seasonally adjusted rate of $787.2 billion. Though the spending was 1.3 percent

The delinquency rates at Fannie Mae and Freddie Mac, the GSEs that control more than half of the country’s mortgages, moved in opposite directions in September, with Fannie’s rate declining and Freddie’s increasing, according to a post by Calculated

What is the typical rate of appreciation for home values? What does an appraisal do? What about an inspection? And is PMI always necessary? Those and other questions were featured on a recent survey by Zillow, the popular MLS

Though credit unions and small community banks had little to no impact on the global financial crisis of 2008, representatives from the two banking sectors stated before the House Financial Services Committee today say that a maze of new

At the same time that pending home sales are rising in Miami-Dade county, Broward is seeing a decrease in the same area. Fortunately, according to HousingWire, Miami-Dade has more in common with national trends – nationally, the Pending Home

Broad legislation stemming from 2010’s “robo signing” foreclosure scandal may lead to the first case of mortgage write-downs since the housing market declined in 2008. According to a report from Reuters, negotiations between state attorneys general, federal regulators and

Back in September, international developer Genting Group unveiled the extraordinary, $3.8 billion Resorts World Miami, a property that the company plans to build on land currently occupied by the Miami Herald. The resort would include more than 1,000 luxury

The housing market is a grand, influential sector of the global economy, one that ebbs and flows with overall economic performance. But even though the message remains consistent – fix housing, fix the economy – very few of the