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Todays Real Estate News Archive


Home Values in Metro Chicago Real Estate Market

Regional Spotlight—Home values in the seven-county metro Chicago real estate market extended their upswing in November, according to an analysis by RE/MAX. The median sales price of all attached and detached homes closed in November was $170,000, a 10 percent increase over the median price a year earlier. That compares ...


Hot Property: It’s Tipoff Time for the Sale of Jerry Buss’ Home

(MCT)—It’s showtime, so to speak. No, not on the basketball court at Staples Center, but in Playa del Rey, where Jerry Buss’ mansion has come on the market at $5.95 million. ...


Published FHA Loan Limits Show Large Declines for 2014

Loan limits for mortgages backed by the Federal Housing Administration (FHA) were scheduled to fall in 2014 due to the expiration of increased limits set during the housing crisis. However, the magnitude of change for the published limits has caught many by surprise. ...


Living Smart: Handyman vs. Contractor

(MCT)—Whom should you hire: handyman or general contractor? ...


Upping the Ante: Today’s Sellers Opt for Full Disclosure

Pillar To Post provides an in-depth look at the role pre-sale inspections play in today’s competitive market ...


Connect to the Latest Electronics and Mobile Solutions from NAR’s REALTOR Benefits® Program

Today’s technology allows real estate agents to stay more closely connected to their office, to work more seamlessly with clients while on-the-go, and to move through the sales process more quickly and efficiently. Must-haves for any real estate professional include dependable mobile devices, computers and accessories, and more, all of ...


Values Appreciate: Healthy Markets Focus on West, Midwest

In October, the five healthiest markets were San Jose (Market Health Index of 9), San Francisco (8.9), Los Angeles (8.6), San Diego (8.4) and Denver (8.1), among the country’s top 30 largest metro markets covered by Zillow, while in September, Homes.com reported ...


FHA Mutual Mortgage Insurance Fund Gains $15 Billion

The U.S. Department of Housing and Urban Development (HUD) recently released its annual report to Congress on the financial condition of the Federal Housing Administration (FHA) Mutual Mortgage Insurance (MMI) Fund. The independent actuarial report shows that FHA’s Mutual Mortgage Insurance Fund (MMIF) has gained $15 billion dollars in value ...


Ask the Expert: What Steps Can I Take to Achieve Success?

Today's 'Ask the Expert' column features Glade Jones, CEO of Obeo, Inc. ...


Middle Market Commercial Executives Feeling Cautious, but Optimistic

Middle market commercial real estate executives are expressing cautious optimism toward the market and are looking to take advantage of long-term investment opportunities. However, the majority are finding that the current tax and regulatory climate is placing a strain on the performance of their companies. These are some of the ...


Fannie Mae Announces Eviction Moratorium for the Holidays

Fannie Mae (FNMA/OTC) announced recently that it will issue an eviction moratorium for the holidays, as it has done in previous years. The company will suspend evictions of foreclosed single family and 2-4 unit properties from December 18, 2013 through and including January 3, 2014. For this period, legal and ...


Five Tips for Surviving the Holiday Office Party

As the holidays approach, unpleasant memories of last year’s office holiday party may still linger in many of our minds. Who can forget when Julian from accounting told the vice president of finance that he was bored with accounting, hated everyone in ...


Prudential Network Realty Founder Appointed to Berkshire Hathaway HomeServices & Luxury Resort Advisory Council

Prudential Network Realty Founder, President and CEO Linda H. Sherrer has been appointed to Berkshire Hathaway HomeServices Luxury & Resort Advisory Council for 2014. ...


Luxury Portfolio International® Expands Membership in Eight Countries

Luxury Portfolio International® has recently welcomed 17 new member real estate companies in the U.S. and eight countries abroad, joining the network’s 200+ market-leading real estate firms. The network has also introduced seven new luxury developments as part of its Development Collection. Luxury Portfolio specializes in the high-end real estate ...


55+ Housing Market Confidence Is Breaking Records

The nationwide financial and economic challenges in recent years have upended millions of consumers' retirement plans, and dreams of transitioning into a new or smaller dwellings to age in place. ...


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