Welcome!




Expand Your Education with These Courses from
A Consumer Advocate Approach to Real Estate: Course 1.
Time Management: Skills for Sales Success: Part Two.
Customer Relationship Building: Skills for Sales Success: Part Seven.
Bundle 3: CIPS Institute (Non-US Version).
Bundle 3: CIPS Institute (US Version).

Finance, Economy & Government Issues Archive


Home Equity Loans Surge amid Record-low Rates

The housing market seems to be on the right track. The origination of home equity lines of credit (Helocs) hit a five-year high this year as a result of low interest rates, rising home prices, and increasing consumer confidence in the trajectory of the market.  But while it’s a great ...


More American Households Doubling Up as Rents Rise

An increasing number of American adults are moving in together to share expenses as rental rates continue to outpace income, according to a new Zillow analysis. ...


America’s Lost Equity Comes Home

In the dark months from 2007 to 2009, home values were in free fall and millions of homeowners lost equity in their homes.  America lost 12.7 trillion dollars’ worth of homeowners’ equity during those years, equal to more the three quarters of the national Gross Domestic Product. ...


Ranked: Best U.S. Markets for Buying Residential Rental Properties

RealtyTrac® recently released its Q3 2014 Residential Property Rental Report, which ranks the best markets for buying residential rental properties. ...


Housing’s Share of GDP: 15.5 Percent for the Second Quarter

Housing is an important source of economic growth. As of the second quarter of 2014, housing’s share of gross domestic product (GDP) was 15.5 percent, with home building and remodeling yielding 3.1 percentage points of that total. ...


New Home Sales in August – Back on Track

In a joint release the Census Bureau and Department of Housing and Urban Development reported that newly constructed single family homes sold at a seasonally adjusted annual pace of 504 thousand in August, up 18 percent from July and 33 percent from August ...


Student Loan Debt Curbs Housing Market by $83 Billion, Study Says

(MCT)—There’s been lots of debate lately in housing circles about the impact of student debt on homeownership. ...


August Housing – Not Necessarily August but Still Robust

In a joint release the Census Bureau and Department of Housing and Urban Development reported that the seasonally adjusted annual pace of housing starts in August was 956 thousand. This is 14.4 percent below the July pace of 1.117 million starts but ...


FHA Fees Are Holding Back First-Time Homebuyers

Editor’s Note: This article originally appeared on AmericanBanker.com. In recent testimony before Congress, Federal Reserve Chairwoman Janet Yellen confirmed what many aspiring homebuyers have known for several years. "It has now become the case that any borrower without a pretty ...


The Great Delay: Student Loan Debt and Homeownership

A record number of Millennials, individuals aged 18 to 34 years, are delaying household formation. This “Great Delay,” instead of the forbearance of impending doom, may actually be a sign of prudent economic decision ...


Eye on the Economy: Existing Home Sales Improving

Existing home sales increased 2.4 percent in July, tallying the fourth consecutive month of increase. While the pace of existing home sales remains 4.3 percent below the July 2013 rate, the steady improvement for resales is positive news for the ...


Mortgage Credit Availability Decreases Slightly in August

Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from the AllRegs® Market Clarity® product. ...


HomeServices of America, Inc. Announces Settlement of Copyright-Infringement Lawsuit

HomeServices of America, a Berkshire Hathaway affiliate, has announced the settlement of a copyright-infringement lawsuit against American Home Realty Network, Inc. (d/b/a NeighborCity). Since 2013, HomeServices of America and two of its subsidiaries, Preferred Carolinas Realty, Inc., and Edina Realty, Inc., have been engaged in litigation with American Home Realty ...


Interest Rates Little Changed on New Home Loans

On August 28, the Federal Housing Finance Agency (FHFA) reported that, overall, mortgage interest rates were flat in July. To a large extent, the same was true for the subset of loans used to purchase new homes. Between June and July, the average contract interest rate on conventional mortgages for ...


Affordability Approaches Pre-2004 Norm as Prices Firm

Housing affordability dipped slightly in the second quarter of 2014 as several markets saw a firming of home prices, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI).  Nationwide, the second quarter HOI was 62.6—i.e., 62.6 percent of new and existing ...


Our Latest News >>