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Real Estate Trends Archive


Economists Hop on Recovery Bandwagon

Bank of America’s announcement recently that it has significantly improved its home price forecast for the current year made headlines; in fact, the bank joins a growing list of housing economists who have seen the light and hopped on the ...


In July, Housing Starts Edge Down While Permits Rise

Nationwide housing production edged down 1.1 percent to a seasonally adjusted annual rate of 746,000 units in July, according to newly released figures from HUD and the U.S. Census Bureau. However, builders pulled more permits for planned new-home projects than they have in any month since August of 2008. ...


HUD Launches “Innovation of the Day”

Recently, the U.S. Department of Housing and Urban Development launched Innovation of the Day, a new online platform that will collect and share innovative practices in affordable housing, community development, and urban planning from around the world. Its purpose is to seek new ideas that can be leveraged not only ...


Implementing Systems for Real Estate Success

It’s no question the past few years have been challenging for real estate professionals. The good news is we are starting to see a break in the clouds as many markets across the country ...


Fixed Mortgage Rates Move Higher For Third Consecutive Week

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates following long-term Treasury yields higher. This marks the third straight week of fixed mortgage rates moving higher. ...


Builder Confidence Continues to Improve in August

Builder confidence in the market for newly built, single-family homes improved for a fourth consecutive month in August with a two-point gain to 37 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released recently. This gain ...


More Than 95 Percent of Refinancing Borrowers Choose Fixed-Rate Mortgages

In the second quarter of 2012, fixed-rate loans accounted for more than 95 percent of refinance loans, based on the recently released Freddie Mac (OTC: FMCC) Quarterly Product Transition Report. Refinancing borrowers clearly preferred fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or a fixed-rate. ...


California is Leading the Recovery

The state that gave America Alt-A loans, the first tidal wave of foreclosures, the highest prices during the boom and the fastest fall during the bust is now leading the nation out of the six-year housing depression. ...


Gen Y Home Buying is Motivated by Quality of Life

Used to thriving economies and strong employment rates, baby boomers played a critical role in stimulating the housing market prior to the Great Recession, but the economic realities of the last few years have shifted the focus to Generation Y and real estate professionals are now looking to the approximately ...


Sotheby’s International Realty Brand Launches Extraordinary Living Blog

Sotheby’s International Realty Affiliates LLC recently announced the launch of its Extraordinary Living blog on sothebysrealty.com, designed to provide insights into a range of real estate and lifestyle topics. ...


MVP: Register for a Free Safety Webinar, Get Rewarded

NAR Pulse—You and your agents can get rewarded with a “Safety In Your Home” eProduct Bundle, simply by registering between August 16-31 for the FREE REALTOR® Safety Webinar, “Are You and Your Data an Easy Target?” This valuable webinar will be presented on September 17 at 11am ET by Andrew ...


Rising Home Prices Push Affordability Slightly Lower In Second Quarter

Strengthening house prices in metros across the country contributed to slightly lower housing affordability in the second quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). ...


Is Your Website Equipped for the Mobile Real Estate Revolution?

Did you know that every minute, the mobile Web receives 217 new users? Did you realize that for some large real estate websites like HomeFinder.com and Zillow.com, more than one-third of visitors on weekends browse from a mobile device? When potential clients visit your website, do they see a mobile-friendly ...


A Multi-Level Approach to Real Estate

For Tom Skiffington, president and CEO of Pennsylvania’s RE/MAX 440 and RE/MAX Central, changes in the real estate market are as inevitable as changes in the weather. After more than 20 years in the business, he remains both a broker and a top-producing agent. Here, Skiffington explains his unconventional approach ...


‘Normal’ Home Sales Soar Despite Obstacles

While sales of distressed properties - foreclosures and short sales - have shrunk since the first of the year, a surge in sales of “normal” non-distressed properties has pushed total home sales through June 4.5 percent higher than last year even though buyers face tight credit and low inventories. ...


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