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Real Estate Trends Archive


30-Year Fixed Mortgage Rates Spike 14 Basis Points, Largest

The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 4.19 percent, up 14 basis points from this time last week. The 30-year fixed mortgage rate rose steadily ...


August Reports Fewer Home Sales, Slower Price Increases

As has been true throughout 2014, August home sales remained below the pace set in 2013. However, last month’s sales were 10.2 percent above the number of sales seen in August 2012, and were 17.8 percent higher than August 2008 sales, when the RE/MAX Housing Report began. The Median Sales ...


CEO Exchange Exclusive: Master Real Estate Marketers Reveal Their Winning Campaign Tactics

With more options than ever for today’s homebuyers and sellers, appealing to a diverse clientele with a one-size-fits-all marketing plan just won’t cut it. On day two of RISMedia’s CEO Exchange, the industry’s master marketers revealed the campaigns they used to separate themselves from the pack. ...


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 ...


Get your Stay Safe Charging Combo Pack during REALTOR® Safety Month

NAR PULSE—In honor of REALTOR® Safety Month, you and your agents can get the best-selling REALTOR® branded emergency phone charger and iTech Triple Cord for 40 percent off the original price, now just $29.99. This great offer is brought to you ...


Homesnap Pro: A Consumer-Quality App with the MLS Pro Data Agents Need

Technology certainly has come a long way in the last decade. Thanks to innovation, real estate agents and brokers are constantly on the hunt for the very best tools that can simplify their hectic, day-to-day lives. Tablets and mobile apps have paved the way as the industry continues barreling toward ...


Furniture and Appliance Purchases off Lows

The Bureau of Labor Statistics recently reported results from the 2013 consumer expenditure survey. In 2013, the average annual expenditure on housing increased 1.5 percent to $17,148. As a share of total expenditures housing was 33.6 percent; an increase from the 2012 share of 32.8 percent. ...


U.S. Waterfront Home Values Twice as High as Overall Home Values

Nationwide, the typical oceanfront or lakefront, single-family home is worth more than double the median value of all homes, and in some communities the median waterfront house could be worth ten or more times the median value of ...


New Home Purchases Down by 9 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2014 shows mortgage applications for new home purchases decreased by 9 percent relative to the previous month.  This change does not include any ...


Vinyl Is the Most Widely Used Siding on New Homes Started

According to data from the Census Bureau’s Survey of Construction (SOC), vinyl (including vinyl-covered aluminum) was the most common exterior wall material used in homes started in 2013 (31 percent), followed by brick or brick veneer (24 percent), stucco (22 percent), and ...


U.S. Foreclosure Activity Increases 7 Percent in August but Overall Down from Last Year

RealtyTrac® recently released its U.S. Foreclosure Market Report™ for August 2014, which shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 116,913 U.S. properties in August, an increase of 7 percent from the previous month but still down 9 percent ...


How One Florida Brokerage Pushes Past All Obstacles to Succeed

RE/MAX Anchor Realty has seen it all. From rebuilding after Hurricane Charley, which left the majority of the company’s agents homeless, to surviving the economic downturn in 2005, the Florida-based company has been through its share of tough times and still manages to come out on top. So far on ...


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 ...


Final Push on 3 Percent Cap on Fees and Points

In June, the House of Representatives passed H.R. 3211, “The Mortgage Choice Act,” which addresses discrimination against affiliate businesses in the calculation of fees and points under the Qualified Mortgage (QM) safe harbor. H.R. 3211 and its Senate companion, S. 1577, are ...


The Most Affordable Cities for Millennial Buyers

It’s no secret young buyers have faced challenges when it comes to saving money to purchase a home of their own thanks to limited job opportunities and skyrocketing debt. Despite all this, the millennial generation still believes in homeownership. To help them ...


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