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Real Estate Trends Archive


RREIN Broker Spotlights: 50 Years of Success

Today’s agents must be masters of adaptability, keeping up not only with the shifting market, but with advancing technology and a more informed consumer. “One of the challenges that brokers will continue to face is the fact that there are so many places for consumers to get information,” says Joe ...


What’s Your New Model? Change Can Ensure You Survive and Thrive in Today’s New Normal

Replacing bricks and mortar with virtual space is no longer a new concept. It’s a tactic born during the recent downturn because it simply made economic sense. But it’s a strategy today that is gaining favor for a variety of reasons—not the least of which is that agents are at ...


Who’s Your Target? How’s Your Aim?

When Willie Sutton, the world’s greatest bank robber, was asked in 1970 why he robbed banks, his reply was, “That’s where the money is.” Without a doubt, he knew where to find the best prospects! Do you know how to identify and where to find your best sources or prospects? ...


Mortgage Rates Dip Again To New Record Lows

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates finding new record lows for the second consecutive week keeping borrowing costs attractive to support the ongoing housing recovery. ...


Existing-Home Sales Rise in October with Ongoing Price and Equity Gains

Sales of existing homes increased in October, even with some regional impact from Hurricane Sandy, while home prices continued to rise due to lower levels of inventory supply, according to the National Association of REALTORS®. ...


Housing Starts Up 3.6 Percent in October

Nationwide housing production rose 3.6 percent in October to a seasonally adjusted annual rate of 894,000 units, according to the U.S. Commerce Department. This is the highest pace of new-home construction since July of 2008. ...


Bipartisan National Mortgage Settlement Provides Support to Nearly 310,000 Homeowners

The nation’s largest mortgage servicers have distributed $26.1 billion in direct relief to nearly 310,000 homeowners, or roughly $84,385 per homeowner as part of the National Mortgage Settlement, according to a progress report released this week by independent settlement monitor Joseph A. Smith of the Office of Mortgage Settlement Oversight. ...


Hot Property: Hilary Swank Hopes to Sell Her 9-Million-Dollar Baby

(MCT)—Oscar-winning actress Hilary Swank has put her Mediterranean-style house in Pacific Palisades on the market for $9.495 million. ...


Builder Confidence Hits Highest Point since 2006

Builder confidence in the market for newly built, single-family homes posted a solid, five-point gain to 46 on the National Association of Home Builders Housing Market Index (HMI) for November. This marks the seventh consecutive monthly gain in the confidence ...


Join REALTOR.com® in Support of Habitat for Humanity

NAR PULSE—Through its efforts, Habitat for Humanity has helped 500,000 low-income families obtain, maintain and keep homes of their own – a mission that’s embraced by all of us at REALTOR.com®. In support, REALTOR.com® created the Building Hope Challenge, an initiative that helps support the Habitat BUiLD movement. ...


FHA Audit Leads to Higher Fees

The results of FHA’s annual audit sent a shock wave through the nation’s housing community as even agency officials could not confirm that the higher borrowing costs it will charge borrowers will be enough to cover losses. ...


Freddie Mac Announces the Issuance of a New 5-year Reference Notes® Security

Freddie Mac recently announced that it plans to issue a new 5-year USD Reference Notes® security, CUSIP number 3137EADN6, due on January 12, 2018. The issue will be priced on November 20, 2012, and will settle on November 21, 2012, at benchmark size. ...


New York State Housing Market Faces Change Following Superstorm Sandy

REGIONAL SPOTLIGHT—The New York State housing market posted gains in closed sales, pending sales and median sales price in October compared to a year ago. Sales of existing single-family homes, condo and co-op transactions increased by 4.3 percent compared to last October, while pending sales were up 18 percent and ...


Existing-Home Sales Rise in October with Ongoing Price and Equity Gains

Sales of existing homes increased in October, even with some regional impact from Hurricane Sandy, while home prices continued to rise due to lower levels of inventory supply, according to the National Association of REALTORS®. ...


Tight Credit Is Tough on Younger, Single Buyers

High lending standards that make it hard for millions of younger, single home buyers to get a mortgage are creating an older, more married and wealthier population of homeowners. ...


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