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Finance, Economy & Government Issues Archive


Rising Home Prices, Increasing Equity Spark Move-up Sales

This week’s breaking news regarding the significant jump in April home prices - posting record monthly growth and the fastest year-over-year growth in seven years - is just the latest in a series of statistics confirming that the real estate ...


Would Abolishing Fannie and Freddie Stall the Real Estate Recovery?

Earlier this month, a bipartisan bill was put forth that would liquidate Fannie Mae and Freddie Mac and replace them with a government reinsurer of mortgage securities behind private capital. While the legislation is in the very early stages, there is ...


April Home Prices Surge Nearly 7 Percent

Home prices are on the rise; the most recent FNC Residential Price Index™ (RPI) shows U.S home prices made a climb of nearly 7 percent from March to April, the largest price acceleration since June 2012. ...


2013 Mid-Year Outlook: Economic Growth on the Road to ‘Normal’

The U.S. may be well into a prolonged period of steady economic growth, but it hasn’t yet reached its full potential, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research Group. Fiscal headwinds are expected to keep growth to below 2.0 percent for the first half of the year, with ...


Builder Confidence Hits 7-Year High, New Home Sales Rising

In continuing signs the housing market is on the upswing, builder confidence in the market for newly-built single-family homes hit a significant milestone in June, surging eight points to a reading of 52 on the National Association of Home Builders/Wells Fargo ...


2013 Mid-Year Outlook: Economic Growth on the Road to ‘Normal’

The U.S. may be well into a prolonged period of steady economic growth, but it hasn’t yet reached its full potential, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research Group. Fiscal headwinds are expected to keep growth to below 2.0 percent for the first half of the year, with ...


Property Values Take Flight: Home Prices Soar by over 20 Percent

Some of the housing news being kicked around recently is astounding: Home prices soaring by 20 percent or more over the past 12 months? Multiple offers? Bidding wars? All of the great news has some wondering, is another housing bubble brewing? ...


Realtor.com May Real Estate Health Report Shows Regional Markets Leading Recovery as Supply Begins to Respond to Demand

Realtor.com, a leader in online real estate operated by Move, Inc., released its Real Estate Health Report for the month of May 2013 this week. National housing indicators are being led by strong regional markets experiencing key growth, as seller supply begins to respond to consumer demand mirroring on a ...


Want to Motivate Sellers? 850,000 Properties Bounce Back to Positive Equity

Residential property analytic provider CoreLogic® recently released new analysis showing the market is making big moves, with 850,000 additional residential properties turning to positive equity during the first quarter of 2013. ...


Zombie Nation: Which Real Estate Markets Are Rising from the Dead?

The market is rebounding and the economy is strengthening; that's how it would appear from the number of improving housing markets in June, which rose by five to a total of 263, according to the National Association of Home Builders/First American ...


More Than 750 Builders Discuss Housing Issues in Hill Visits

More than 750 builders from across the nation converged on Capitol Hill last week for the annual National Association of Home Builders (NAHB) Legislative Conference to urge their lawmakers to support policies that will keep the housing recovery moving forward and increase housing opportunities for all Americans. ...


4 Tips to Grow Your Net Worth

A report released earlier this year from the Chicago-based Spectrem Group estimated there were 8.99 million households in the United States with a net worth of at least $1 million at the end of 2012. ...


Fannie Mae Takes Additional Steps to Streamline Short Sale Process

Fannie Mae recently introduced a new tool to help real estate professionals successfully close short sales. Listing agents are now asked to register accepted short sale offers with Fannie Mae to provide greater transparency into the process and allow Fannie Mae to proactively work with the mortgage servicer to finalize ...


Rebound Alert: 96 of the Top 100 U.S. Home Markets Advance

Homes.com, a leading online real estate destination and complete lifestyle resource, recently released the Homes.com Local Market Index, a new summary of price performance on repeat sales properties in the U.S. Utilizing home pricing data for the period ending March 2013, the index showed 96 out of 100 markets for ...


Consumer Sentiment Highest Since 2007

(MCT)—A gauge on consumer sentiment this month reached the highest level since 2007, thanks to cheerier expectations and a rosier outlook on current economic conditions, according to data released Friday. ...


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