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Real Estate Trends Archive


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. ...


Market Leader Partnership Achieves Impressive Productivity Gains with eEdge Platform

Market Leader announced this week that its partnership with Keller Williams Realty has contributed significantly to impressive productivity gains for the franchise in the past year. ...


Working Together, Instilling Confidence in Homeownership

As housing markets across the country show signs of improvement, instilling confidence in the benefits of homeownership is still not an easy task. ...


Delinquencies and Foreclosures Resume Downward Trend in Third Quarter

The Mortgage Bankers Association reported the seasonally adjusted delinquency rate fell 18 basis points during the third quarter of 2012 to 7.4 percent, erasing the 18 basis point increase from the previous quarter. ...


Boston Globe Names RE/MAX Leading Edge as a Top Place to Work

RE/MAX Leading Edge, with offices in Arlington, Newton, Winchester and Watertown, was named to the 2012 Boston Globe’s Top Places to Work issue. Companies were ranked by size and RE/MAX Leading Edge was ranked number three out of 40 in the medium-sized company category. In 2011, RE/MAX Leading Edge was ...


ERA Real Estate Welcomes L.A.R.E Network in Los Angeles

ERA Real Estate, a global franchising leader, recently announced the affiliation of L.A.R.E. Network in Los Angeles County. Based in Montebello, Calif. the firm is one of the regions’ highest producing bilingual brokerages serving Los Angeles and Orange Counties. With this announcement, the company will now do business as L.A.R.E. ...


Century 21 Real Estate Executive Appointed to ASTD Forum’s Advisory Group

Century 21 Real Estate LLC recently announced that Dr. Christina Murphy, senior director of learning and development for the company, has been appointed to the American Society for Training and Development (ASTD) Forum’s Advisory Group (AG). CENTURY 21 Real Estate was the first real estate company to be invited to ...


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