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Real Estate Trends Archive


September UMich Consumer Sentiment Rises to 59.4

A gauge of consumer sentiment rose to 59.4 in September after tumbling to a nearly three-year low 55.7 in August, according to Friday reports on the gauge from Thomson Reuters/University of Michigan. ...


New York State Home Sales Show Double-Digit Increases; Uneven Recovery Continues

REGIONAL SPOTLIGHT—New York State home sales were up nearly 26 percent in August compared to the same time last year, and up 11.4 percent compared to the July sales total, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS®. The statewide median sales price ...


New-Home Sales Decline 2.3 Percent in August

Sales of newly built, single-family homes declined 2.3 percent to a seasonally adjusted annual rate of 295,000 units in August, according to newly released data from the U.S. Commerce Department. The decline is from an upwardly revised, 302,000-unit rate in the previous month. ...


Appraisal Institute Issues Form to Help Real Estate Appraisers Analyze ‘Green’ Features

One of the nation’s largest professional associations of real estate appraisers recently released a form intended to help analyze values of energy-efficient home features. ...


Homes Sales Increase across New England without Artificial Stimulus

REGIONAL SPOTLIGHT—August brought both high temperatures and strong transactions in New England. Total transactions increased 2.3% vs. July 2011 for the second straight month, and year-over-year transactions also increased 8.9%. Vermont and Massachusetts were the only states in the region to experience a decrease in transactions; median prices were down ...


Real Estate Job Outlook Vastly Improved in 2011: USC Lusk Center

Statistics released by the University of Southern California Lusk Center for Real Estate (www.usc.edu/lusk) show an increase in job opportunities for young real estate professionals and reflect an improving job market for the industry. ...


August Existing-Home Sales Rise Despite Headwinds

Existing-home sales increased in August, even with ongoing tight credit and appraisal problems, along with regional disruptions created by Hurricane Irene, according to the National Association of REALTORS®. Monthly gains were seen in all regions. ...


Home Prices Continue to Show Seasonal Strength

Data through July 2011, released recently by S&P Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed a fourth consecutive month of increases for the 10- and 20-City Composites, with both up 0.9% in ...


August Bay-State Home Sales Jump 15 Percent

REGIONAL SPOTLIGHT—Sales of both Massachusetts single-family homes and condominiums rose in August—the first time this year both property types posted an increase during the same month, according to the latest report by The Warren Group, publisher of Banker & Tradesman. ...


RETechnology’s Success Tracker Launched at MRIS to Build Premium Revenues

RE Technology, Inc., (RET) the provider of a real estate technology portal, has announced the launch of Success Tracker™ designed to help every MLS in North America to create and implement recurring non-dues revenue streams. MRIS, the largest MLS in North America in terms of sales generated, has signed on ...


First Team Real Estate Marketing Campaign Shows Positive Impact Agents Make on Clients

First Team® Real Estate recently launched a new marketing campaign focusing on the profound, positive impact its agents make in their clients’ lives, the company has announced. The campaign comes with the announcement that the company was named the favorite real estate firm in the Orange County Register’s 2011 Best ...


New Book Offers ‘Blueprint’ for Million-Dollar Income in Any Market, 10-Part Series Launches with Author Q&A

Editor’s Note: Blueprint for 100 Deals or More Than $1 Million Per Year in Income: The Exact Systems and Technology to Sell 100+ Homes, Every Year—No Matter the Market, is a new book by leading real estate industry executives Alan ...


NAR Pulse: This Week’s Top Stories from the NATIONAL ASSOCIATION OF REALTORS®

This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: free housing trends for your clients; REALTOR Benefits® Program Partner, zipLogix celebrates 20 years of innovation in real estate technology; and save up to 40% on select FedEx Office® print products. For more information visit www.REALTOR.org. ...


FHFA Reports Fannie Mae and Freddie Mac Guarantee Fees Increased in 2009-2010

The Federal Housing Finance Agency (FHFA) recently released its third annual report on guarantee fees (g-fees) charged by Fannie Mae and Freddie Mac, concluding that the average “g-fee” on single-family mortgages increased in 2010 relative to 2009, from 22 basis points to 26 basis points. ...


Fixed-Rate Mortgages Hold Steady, Remain Near Record Lows

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed-rate mortgages changing little amid sluggish economic, mixed housing data, and ongoing concerns over the European debt markets. The 30-year fixed remained unchanged at 4.09 percent, while the 15-year fixed dropped a single basis point to ...


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