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Real Estate Trends Archive


NAR Announces Finalists Recognized for Excellence in Community Service

REALTORS® are the backbone of their communities, often supporting local causes large and small, and volunteering their time to help improve the communities in which they live. The National Association of Realtors® recognized 10 such REALTORS® today as finalists for REALTOR® Magazine’s 2012 Good Neighbor Awards. ...


Summer Ends Sweetly: July Pending Home Sales Rebound

Great news on the housing front: Pending home sales rose in July to the highest level in over two years and remain well above year-ago levels, according to the National Association of REALTORS®. ...


Good News for Housing: Home Prices Continue Positive Trend

The Case-Shiller indexes of home prices increased again when compared to the previous month or the previous year. Both the 10-city and 20-city seasonally-adjusted (SA) indexes rose 1 percent and 0.9 percent respectively from May to June 2012. This is ...


NAR Member Benefit Helps REALTORS® Take Care of Their Homes

REALTORS® help people achieve the dream of homeownership, but are often also homeowners themselves. A new offer through the REALTOR Benefits® Program will help members of the National Association of REALTORS® who own homes prolong the life of their air conditioning and heating systems. ...


Urbanization and Single Family Homes

The total number of single family homes in the residential building stock in the United States will shrink by 4 billion square feet in nine years, a new study by a subsidiary of Navigant Research forecast last week. ...


Commercial Real Estate Recovering at a Slower Pace

Positive underlying fundamentals continue to support all of the major commercial real estate sectors, but a slowdown in job creation and ongoing tight loan availability has tempered growth in some areas, according to the National Association of REALTORS® quarterly commercial real estate forecast. ...


Succeeding as the Market Recovers: An Interview with Top 5 Members Michael Bjorkman and Nate Martinez

Regardless of where you’re located, the market has likely changed in the past several years. Luckily, it seems as though housing is now on the rebound. In the following interview, Michael Bjorkman of Keller Williams VIP Properties and Nate Martinez of RE/MAX Professionals talk about success strategies in a recovering ...


Sales of Existing Homes Improve as Prices Rise

(MCT)—Sales of existing homes are strengthening and prices continue to rise, stoking confidence in the housing market’s recovery. ...


No Lender Required

As if real estate needed more hurdles, a tough credit market has made a monster of the already lengthy and sometimes nerve-wracking financing subject. On a good day, the process can delay or derail a deal, to the agony of the seller, the buyer and their agents. ...


Fixed Mortgage Rates Move Higher for Fourth Consecutive Week

Freddie Mac has released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates following long-term Treasury yields higher amid continued positive data on the housing market. This marks the fourth straight week of fixed mortgage rates ...


REALTORS® Applaud FHFA for Expanding Short Sale Eligibility to Help More Struggling Homeowners

The National Association of REALTORS® applauds the Federal Housing Finance Agency for working with Fannie Mae and Freddie Mac to issue new guidelines that expand eligibility criteria and streamline the short sale process. ...


New Guidelines Streamline Short Sale Processes to Prevent Foreclosures and Help Communities Stabilize

The new short sale guidelines just announced by Fannie Mae will streamline documentation requirements, waive deficiencies for borrowers that successfully complete a short sale and set standard payments for subordinate lien holders, the organization reports. The new guidelines are for servicers to follow as part of the Federal Housing Finance ...


A Bright July: Existing-Home Sales Improve, Prices Continue to Rise

Sales of existing homes rose in July even with constraints of affordable inventory, and the national median price is showing five consecutive months of year-over-year increases, according to the National Association of REALTORS®. Monthly sales rose in every region but ...


Market Momentum in Illinois

REGIONAL SPOTLIGHT—Data released recently by the Illinois Association of REALTORS® shows signs that the state's housing market is strengthening. ...


Freddie Mac Expands, Streamlines Servicer Authority to Approve More Short Sales

Freddie Mac (OTC: FMCC) recently announced it is streamlining its policies and processes so all Freddie Mac servicers can approve short sales for borrowers facing sudden financial stress due to divorce, death, disability or other common hardships on their own authority. Additional changes will also make it easier for servicers ...


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