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Finance, Economy & Government Issues Archive


Housing Starts End 2012 on a High Note

The year 2012 was a promising one for housing. With consistent improvements in housing construction and prices, home building is once again contributing to economic growth. And the December housing starts report capped off the year with confirmation of ...


Century 21 Real Estate Releases Details of Its Big Game Survey, Home is Where Most Prefer to Watch

Century 21 Real Estate LLC, the franchisor of one of the world’s largest residential real estate sales organizations, has announced the results of its Big Game Survey. CENTURY 21®, an advertiser in this year’s Super Bowl, recently surveyed Americans about their game-watching and party plans during this year’s game. The ...


Will the Recovery Continue? A Look at Housing in 2013

2012 was the year that the U.S. housing market began its long-awaited recovery. Will the recovery continue in 2013, or will we see another setback? And what are the implications for real estate professionals—especially those who specialize in distressed ...


Mortgage Rates Mostly Flat

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates largely unchanged from the previous week helping to keep homebuyer affordability high, refinancing strong and should continue to aid the ongoing housing recovery. ...


CoreLogic: Prices Rose 7.9 Percent in 2012

December 2012 home prices are expected to rise by 7.9 percent on a year-over-year basis from December 2011 and fall by 0.5 percent on a month-over-month basis from November 2012 reflecting a seasonal winter slowdown, CoreLogic said recently. ...


Luxury Sellers Hang Tough on Prices

Even though the time it takes to sell a luxury property has increased to as long as 260 days in Chicago, 287 in Miami and 197 nationally, overall, fewer sellers are cutting prices. ...


Top 10 Predictions for Housing in 2013

The national housing market made a strong rebound in 2012 and that positive trend is expected to continue in the New Year, according to RE/MAX Co-Founder and Chairman Dave Liniger. His 2013 Top 10 Predictions are revealed in a video presentation released recently. ...


Silicon Valley December Inventory: How Low Can It Go?

Regional Spotlight—MLSListings, a full spectrum MLS service organization that provides industry leading MLS services and technology to real estate professionals in California, has announced that Silicon Valley single family inventory continues its drop from December 2011 levels with Santa Clara County down 57 percent and San Mateo County following closely ...


Home Prices Up 0.3 percent in November; Price Increase Expected to Continue

The latest FNC Residential Price Index™ (RPI) shows that the recovery of U.S. property values has continued through November—the ninth consecutive month of price gains driven largely by rising homes sales and moderate economic growth. ...


Housing Affordability Index to Set Annual Record for 2012

With 11 months of data reported, 2012 will clearly go down as a record year for favorable housing affordability conditions, and a great year for buyers who could get a mortgage, according to the National Association of REALTORS®. ...


Qualified Mortgage/Ability to Repay Rule: MBA and ICBA Supportive

The Consumer Financial Protection Bureau (CFPB) has formally released its qualified mortgage (QM) definition and Ability-to-Repay rule, and financial organizations across the board are responding. ...


Housing Recovery Set to Continue

Clear Capital recently released its Home Data Index™ (HDI) Market Report with data through December 2012. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the most granular home data and analysis earlier than nearly ...


Fiscal Cliff Avoided: What it Means for Housing and Home Builders

The fiscal cliff, an economically damaging set of tax hikes and spending reductions scheduled to begin in 2013, has been avoided (for now) and that is good news for housing in the short-run. ...


Looking Confidently Ahead: Power Broker Predictions for 2013

Consumer confidence. Price appreciation. Multiple offers. Wait…is this real estate we’re talking about?! ...


November Existing-Home Sales and Prices Maintain Uptrend

Existing-home sales continued to improve in November with low inventory supply pressuring home prices, according to the National Association of REALTORS®. ...


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