November 20, 2021
HUD Unveils Strategy to Deal with Climate Change
HUD’s “Climate Action Plan” has broad goals: Help communities prepare, set green building/electrification goals, create...
November 19, 2021
82% of Unmarried Couples Prefer Homes Over Big Weddings
Homeownership remains an American dream, perhaps more so as first-time buyers face escalating challenges. A Harris Poll...
November 18, 2021
Oct. Home Starts Dip 0.7% – but Permits Jump
While construction fell in Oct. – builders blame supply and labor issues – a 4% increase in building permits suggest...
November 17, 2021
Inflation Driving Investors to Commercial Real Estate
Commercial real estate is often considered a hedge against inflation since rents can be increased and real estate values...
November 16, 2021
NAR Economist Yun: Housing Market May Normalize in 2022
Forecasts always include caveats that may upend predictions, but NAR’s Lawrence Yun says the market is hot right now –...
November 12, 2021
Homes Sell at Fast Pace for 8th Month in a Row in Oct.
Realtor.com: Homes sold in the 50 biggest U.S. metros at an average of 39 days. SANTA CLARA, Calif. – New housing...
November 11, 2021
CoreLogic: Home Prices Surge Another 18% Annually in Sept.
CoreLogic’s latest report notes high buyer demand amid a supply shortage. From Aug. to Sept., home prices rose 1.1% to...
November 10, 2021
Federal Reserve Economic Overview: Things Look Pretty Good
The Fed considers economic risks in its stability report – what could upend a solid, growing economy? Overall, it finds...
November 9, 2021
NAR Likes Bipartisan Infrastructure Bill
The bill includes some long-term NAR goals, including expanding broadband access. WASHINGTON – The National...
November 8, 2021
A Pandemic Side Effect: More Americans Like Their Commute
Survey: “Commute time to work” may be less important to suburban buyers. After a year working from home, slightly over...
November 6, 2021
Most Lenders Will Now Consider On-Time Rent Payments
More mortgage applicants will find it easier to get approved now that Freddie Mac joined Fannie Mae in making on-time...
November 5, 2021
Long-Term Mortgage Rate Ticks Back Down to 3.09%
Average mortgage rates moved higher over the previous two weeks, but this week’s 30-year, fixed-rate mortgage dropped...
November 4, 2021
Zillow to Stop Home-Flipping Amid Pricing ‘Unpredictability’
About two weeks after publicizing a temporary pause for its iBuyer program, Zillow Offers, the company announced that...
November 3, 2021
Millennial Demand Should Keep Housing Strong for Years
Almost 1 in 4 Americans (22%) is a millennial. As homebuyers, they made up more than 1 in 3 (37%) customers over the...
November 2, 2021
Home Prices Could See ‘Bumpy’ Road Ahead
Bubbles won’t pop, but fast price increases have made some experts take note. While the growth rate slowed, buyers in a...
November 1, 2021
Why Is Fall a Big Opportunity for Buyers?
Several signs suggest it may be a good time to buy. Competition has cooled, listings receive fewer offers, and about 1/3...
October 30, 2021
It’s Not Final, but Infrastructure Bill Seems Good for Real Estate
NAR says the deal that appears close to finalization includes many real estate goals it wanted, including $150B for...
October 29, 2021
NAR: Sept. Pending Home Sales Drop 2.3%
Chief Economist Yun: The overall market is still running comfortably ahead of pre-pandemic levels, and the drop is a...
October 28, 2021
Workers Want Offices that Look Like Their Living Rooms
Why go back to an office if your chair is comfy and you’re 10 steps away from coffee? To entice workers, office remodels...
October 26, 2021
2021 Homebuyers: Middle-Aged, Married, College Educated
The average American homebuyer is 45 years old, married or partnered, college-educated and likely buying a home located...
October 25, 2021
The Latest Buzz in Multifamily? Biophilic Design
Biophilic design attempts to bring a suburban atmosphere into urban cores. The main tool? Plants – and lots of them,...
October 23, 2021
Inflation, Fed Action Set Stage for Higher Mortgage Rates
Planned changes by the Fed will likely push mortgage rates higher – but refis will dry up, and lenders may still offer...
October 22, 2021
Existing home sales rebound in September, rising by 7%
Median sale price was $352,800, up 13% year-over-yearAfter dipping in August, U.S. existing home sales rose...
October 21, 2021
Desktop Appraisals Will Outlast the Pandemic
FHFA announced this week that remote appraisals for conventional loans – a temporary pandemic-era change – will become a...
October 20, 2021
Remember QR Codes? They’re Back and Better
Most new phones make it easy for users to snap and go. A QR code on a for-sale sign, for example, can help pedestrians...
October 19, 2021
New-Home Builders Doing Great Despite Challenges
The Oct. builder sentiment index rose 4 points higher to 80. Any 50-plus score indicates optimism, so today’s hot market...
October 18, 2021
How Many Offers Did the Typical 2021 Buyer Make? Two
While stories about multiple offers and foregone inspections are pervasive, a study found that most buyers won by their...
October 16, 2021
Commercial Real Estate: Opportunities and Challenges Abound
Real estate’s residential side has been on fire since summer 2020. How has the commercial side fared? It’s hot – and...
October 15, 2021
Mortgage Rates Surpass 3% Again – Hit a 6-Month High
Average mortgage rates continue to hover around 3%, but they’ve slowly ticked higher. This week, the 30-year, fixed-rate...
October 14, 2021
Jumbo Home Loans Near Pre-2008 Crisis Levels
Fewer buyers qualify for conventional mortgages due to higher prices and lower downpayments. As a result, the number of...
October 13, 2021
Many Bathroom Remodels Are Really More of an Upgrade
Survey: Remodeling skyrocketed during lockdowns with many homeowners focused on their bathrooms. The desire to “soak in...
October 12, 2021
Developers incorporating “wellness” into more and more projects
Developers have incorporated “wellness” amenities and designs into more and more projects over the past several...
October 11, 2021
RE Q&A: Is Now a Good Time to Start Being a Landlord?
To be successful, treat it like a business. Keep a cushion of several months’ expenses to carry the property’s costs in...
October 9, 2021
Homeowner Equity Grows to Nearly $3T in Q2
CoreLogic: Homeowners with mortgages – about 63% of all U.S. properties– saw a 29.3% annual increase in equity,...
October 8, 2021
Homeowners Seek Refinancing; Mortgage Rates Over 3%
Mortgage rates remain historically low. However, industry observers say borrowers should not misinterpret the surge last...
October 7, 2021
4 Ideas About Millennial Homeowners That Never Came True
Think millennials don’t care about homeownership or just want to live in the city? Those are myths. The majority of...
October 6, 2021
Downsizing Your Home in Retirement
Financial experts suggest carefully evaluating monetary, personal comfort and family needs when considering downsizing...
October 5, 2021
More New Homes Are Being Built with 4-Plus Bedrooms
NAHB: Since COVID-19, more Americans want bigger homes: The share of single-family homes started with 4 or more bedrooms...
October 4, 2021
Rent History Will Help More Buyers Qualify for a Loan
17% of buyers who couldn’t qualify for a mortgage should have better luck now that Fannie Mae includes rent history in...
October 2, 2021
Rising Prices Push Home Equity to Its Highest Level in 10 Years
Homeowners with a mortgage gained an average $51,500 in home equity in the second quarter – a 29.3% year-to-year...
October 1, 2021
Study: Credit Scores Rebound Quickly After Home Purchase
Nationwide credit scores fall about 20 points in the months following a home purchase, but they bounce back fully in...
September 30, 2021
NAR August Pending Home Sales Bounce Back by 8.1%
NAR Economist Yun credited “rising inventory and moderating price conditions” for bringing more buyers back to the...
September 29, 2021
Many Overly-Confident Sellers Price Their Home Too High
Homeowners have read bidding-war stories and heard about homes selling for thousands of dollars more than asking price....
September 28, 2021
NAR: Vacation Homes Will Defy Any Market Slowdown
While overall home sales show signs of cooling as prices rise and buyers step back, NAR Economist Yun doesn’t see that...
September 27, 2021
August New Homes Sales Rise for Second Straight Month
U.S. Commerce: Sales of new homes last month were up 1.5%, reaching a seasonally adjusted annual rate of 740,000 – more...
September 25, 2021
Mortgage Rates Up this Week, but Only a Bit
The 30-year fixed-rate mortgage averaged 2.88% this week, a small increase from last week’s 2.86%. Freddie Mac credits...
September 24, 2021
US household real estate values jump by record $1.2T
U.S. household net worth surged to an all-time high in the second quarter, powered by a buoyant stock market and a...
September 23, 2021
Foreign Buyers May Return in Nov. as U.S. Eases Restrictions
Travelers must be fully vaccinated and have a recent negative COVID-19 test if flying to the U.S., but the change could...
September 22, 2021
Aug. Home Construction Up 3.9% After July Drop
A better-than-expected rebound came largely from the apartment-construction segment that rose 21.6% compared to a 2.8%...
September 21, 2021
Dwindling Supply of Homes May Be Poised for a Turnaround
About 850K homeowners may have their mortgages exit forbearance between Aug.-Oct. this year – a potential for tens of...
September 20, 2021
Remote Workers Are Transforming Housing Markets
Since they can live and work anywhere, they’re heading to mid-tier cities nationwide, leading to a surge in home...
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