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Real Estate News Archive


January Home Prices Rise 0.3 Percent

The latest FNC Residential Price Index® (RPI) indicates that U.S. property values continued to recover through January—the 11th consecutive month of rising prices. Despite the uneven pace of price gains across different geographical markets, there are clear signs that the housing ...


MBA Applauds Bill to Clarify Points and Fees Calculation for Qualified Mortgage Rule

Debra W. Still, CMB, Chairman of the Mortgage Bankers Association (MBA), applauded H.R. 1077, the Consumer Mortgage Choice Act, introduced earlier in March in the U.S. House of Representatives by Rep. Bill Huizenga (R-MI). The bipartisan bill would modify the definition of points and fees in the Dodd-Frank Act’s Ability ...


Hoby Hanna Named to Leading Real Estate Companies of the World® Board

Leading Real Estate Companies of the World® has named Howard W. (Hoby) Hanna IV to its board of directors. Hanna is president of Howard Hanna Ohio, a division of Pittsburgh-based Howard Hanna Real Estate Services, the fourth largest real estate brokerage in the country, with 144 offices and 4,700 associates ...


In New York, Confidence Ticks Up

Regional Spotlight--According to a monthly survey of real estate brokers by The Real Estate Board of New York, brokers remained confident in the market in February 2013, with increased confidence indexes for both the residential and commercial markets compared to last month. The Real Estate Market Overall Confidence Index for ...


Laying the Groundwork for Successful REO Transactions

The real estate market has turned the corner. Am I being overly optimistic? I don’t think so. The signs and economists are saying that barring unforeseen calamities or further limitations on available mortgage credit, the housing market will continue to gain momentum into 2014. ...


Pocket Listings: Helpful or Harmful?

Pocket listings—listings sold outside of the MLS—are gaining heat inside the real estate industry. Far from a new concept, they are one of real estate’s biggest in-house controversies, with professionals from across the country taking different stances as to whether or not they help or hinder the market. ...


What’s for Free Lunch Today?

It’s been a long time since the original “free lunch” prompted economists to remind us there’s no such thing as one. Saloon patrons in the late 19th century were often treated to a free meal in exchange for a drink. In ...


In Focus with BH&G: Agent of Change: A Conversation with Power Broker Miguel Berger

Editorial note: Watch for ‘In Focus with BH&G’ as a new monthly column to appear the first Tuesday of each month. ...


Documentary Co-Produced by Broker Exposes Foreclosure Devastation in Low-Income Hispanic Neighborhood

The new documentary Home exposes the decline and devastation of the foreclosure crisis in the west Phoenix neighborhood of Maryvale. Filmmaker Gail Buck, founder of the nonprofit Project Maryvale, a community activist and one of the state’s leading real ...


Hot Property: Cartoonist Exiting from the Frame

Pulitzer Prize-winning cartoonist Berkeley Breathed has listed his mountainside retreat in Santa Barbara for $4.95 million. ...


One Point in the HMI Eventually Means 37,000 Jobs

Every month, the NAHB Housing Market Index (HMI) provides an overall measure of builder confidence in the strength of the single-family housing market. ...


Low Home Equity Rates Keep Listings Down in Many Markets

(MCT)—Home sales around the country are on the rise. ...


Freddie Says: Mortgage Rates Steady

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates largely holding steady from the previous week, remaining near their 65-year record lows, and continuing to provide support for the housing recovery. ...


Realtor.com® Launches New Branding

NAR PULSE—Recent changes are the beginning of the revitalization of the realtor.com® brand. The changes followed months of research on what consumers want, based on their direct input and analytics of their online behavior. The result will be an improved experience for consumers and for real estate professionals. ...


Boomerang Buyers Making a Comeback

(MCT)—Andreea Stucker thought she made a good investment when she bought a Huntington Beach, Calif., condo with her boyfriend in December 2005. ...


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