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Real Estate Trends Archive


Housing Affordability Hovers Near Record Level as Some Markets Begin to Stabilize

Nationwide housing affordability during the second quarter of 2011 hovered for the 10th consecutive quarter near its highest level in the more than 20 years it has been measured, according to National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) data released recently. ...


Op-Ed: The Passing of SB 458 – “Severe Unintended Consequences” for California

Senate Bill 458 was signed and passed on July 15, 2011 with the intent to provide relief for homeowners and prohibit a deficiency after a “successful short sale.” As I read through the words of the bill, my worst fears ...


Mortgage Rates Lowest in Over 50 Years

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates, fixed and adjustable, reaching all-time record lows providing further incentive for those homeowners looking to refinance. The 30-year fixed averaged 4.15 percent, breaking the previous record low of 4.17 percent set November ...


Get More Sales at Your Next Open House

According to NAR’s 2010 “Profile of Home Buyers and Sellers,” almost 50% of buyers used open houses as a key part of their home search. ...


Old Rules No Longer Apply

Altos Research has conducted a report and results show that both buyers and sellers are in for a constant state of flux and volatility. The rules of yesterday’s market no longer apply. ...


What Brand Do You Aspire to Be?

We all know the NAR stats: ...


Monday Morning Mobile: Location, Location, Location

When I arrived in Chicago last Thursday morning for the first time, I was anxious to get a lay of the land. I had heard a lot about the city and its similarities to New York, so as a proud New Yorker I was eager to disprove those theories. ...


Keeping the Dream Alive

As a longtime champion of fair housing and the American Dream of homeownership, The NATIONAL ASSOCIATION OF REALTORS® (NAR) is proud of its involvement in the creation of the Washington, D.C. Martin Luther King, Jr. National Memorial, which honors the civil rights leader’s work in promoting equality for all. The ...


Tips for Optimizing Third-Party Tags to Speed Up Your Website

(EMC)—While website performance is usually the purview of IT, marketing plays a major role in how fast a site loads. All the great online campaigns and social media plug-ins marketers put on their sites come at a price—each one contributes to slower site performance, largely due to tags. Tags are ...


The Emergence of a New Real Estate Industry

Take a moment and try something. Fire up your Web browser and bring up Google. I am sure we can all agree that Google is like a window into the universe—if something exists, like pink polka-dotted frogs, it will show ...


Housing Starts Down Slightly in July

Nationwide housing starts edged down 1.5 percent to a seasonally adjusted annual rate of 604,000 units in July, according to figures released by the U.S. Commerce Department. The slight decline comes on the heels of significant gains in housing production ...


Builder Confidence Unchanged in August

Builder confidence in the market for newly built, single-family homes held unchanged at a low level of 15 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, released recently. ...


Regional Spotlight: New England Experiences 14.5% Jump In Sales

RE/MAX of New England has released its latest housing report and results show that overall, New England experienced a 14.5% jump in year-to-year sales. However, the month-to-month picture for each state is not as positive. Here is the RE/MAX of New England summary: ...


95 Percent of Refinancing Borrowers Choose Fixed-Rate Mortgages

In the second quarter of 2011, fixed-rate loans accounted for about 95 percent of refinance loans, based on the Freddie Mac (OTC: FMCC) Quarterly Product Transition Report released recently. Refinancing borrowers preferred fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or a fixed-rate. ...


USDA Has $11.2 Billion to Guarantee No-Down Mortgages

The U.S. Department of Agriculture has only two months to spend $11.2 billion on its no-down payment rural development loan program, a record amount at this juncture in the federal fiscal year for the program that provides no-down payment mortgages to borrowers in rural and suburban markets. ...