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Real Estate Trends Archive


Metro Chicago Real Estate: $1 Million-Plus Home Sales Start Strong in 2014

Regional Spotlight—Winter winds and frigid thermometer readings couldn’t cool the activity level in the luxury home segment of the metropolitan Chicago real estate market during the first two months of 2014. Compared to the same period in 2013, the number of $1 million-plus homes sold in the seven-county area rose ...


Housing Starts Dip Slightly in February; Permits Surge

(MCT)—Construction of new housing units remained essentially flat last month compared to January as builders struggled to ramp up construction. ...


HUD Awards $1.8 Billion to Improve, Preserve Public Housing

U.S. Department of Housing and Urban Development Secretary Shaun Donovan recently awarded nearly $1.8 billion to public housing authorities in all 50 states, as well as the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands, to make major large-scale improvements to the nation’s 1.1 million public housing ...


How Will the Winding Down of Fannie and Freddie Affect Homebuyers?

A bipartisan proposal seeks to wind down mortgage giants Fannie Mae and Freddie Mac and completely overhaul the nation’s mortgage system. According to Don Frommeyer, CRMS, President of NAMB (The Association of Mortgage Professionals), “A change in the mortgage system will be ...


West Coast More Favorable for Sellers; East, Midwest Best for Buyers

As the spring home shopping season heats up, buyers and sellers nationwide can expect very different experiences when it comes to negotiating power. According to the latest Zillow® analysis of national buyers’ and sellers’ markets, sellers in the West will likely have ...


Housing Starts Hold Steady in February

Nationwide housing starts were virtually unchanged in February, inching down 0.2 percent to a seasonally adjusted annual rate of 907,000 units, according to newly released data from the U.S. Department of Housing and Urban Development and U.S. Census Bureau. ...


Final Call for Companies to Apply for the REach™ Class of 2014

NAR PULSE—Nominate your favorite technology company to be considered as the “Member’s Choice” for NAR’s REach™ Class of 2014. Members who participate could be recognized as the most tech-savvy agents for 2014. The extended deadline for company applications is March 21st, 2014 ...


SmartZip Analytics Named to REach’s 2014 Accelerator Class

The National Association of REALTORS® recently announced that SmartZip Analytics, a national leader in real estate analytics and predictive marketing, is the first company selected to join the 2014 class of REach™, http://www.narreach.com/ the strategic growth technology accelerator founded and managed by NAR’s investment arm, Second Century ...


FHA Loans Go Green with eClosings in Midvale, Utah

Stewart Title announced recently the first electronically closed FHA loan in partnership with Mountain America Credit Union. Mountain America Credit Union and Stewart Title’s Bonneville Superior office joined forces to offer customers an eco-friendly and enhanced closing experience with eClosings. Mountain America’s eClosing platform – branded as Quick CloseSM – ...


The Plight of Today’s First-Time Buyer

Traditionally, first-time buyers are the pillars of a strong home-purchase market. However, today's industry reveals that current market dynamics may be making it difficult for them to achieve their American dream, potentially leading to a slowdown of the industry's recovery. ...


Solid February Gains Point to Seller Optimism

As prices continue to rise, more sellers are putting their homes on the market than this time last year, according to Realtor.com®'s recently released National Housing Trend Report for February 2014. This movement is a sign of confidence in the gains sustained ...


Builder Confidence on the Rise in March

Builder confidence in the market for newly-built, single-family homes rose one point to 47 on the recently released National Association of Home Builders/Wells Fargo Housing Market Index (HMI). ...


The Future of the Housing Finance System

The future of the housing finance system is a key issue for the housing industry as well as the economic makeup of the middle class, given the importance that housing wealth and access to rental housing plays in our economy. These factors ...


Senate Takes Speedy Action on Bipartisan Flood Insurance Affordability Bill

Late last week, the senate passed the Homeowner Flood Insurance Affordability Act, which won the votes by a windfall of 72 to 22. ...


The Future of Real Estate Is Here

When Realty Executives International’s regional developers and senior management gather together, it isn’t without purpose and direction. Recently, the company’s leadership group spent several days together planning for 2014. Coming off one of the company’s best years in recent history, the entire organization is alive with energy and ready to ...