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Todays Real Estate News Archive


30-Year Fixed Mortgage Rates Hover Near 4 Percent, for Second Week in a Row

The 30-year fixed mortgage rate on Zillow® Mortgage Marketplace is currently 4.01 percent, up two basis points from this time last week, the company reports. The 30-year fixed mortgage rate declined early last week, dropping to as low as 3.92 percent on ...


Will Short Sale on Second Home Hurt Me?

(MCT)—Question: A second home of mine went into default a few years ago and eventually sold as a short sale. How long will this impact my credit report? We intend to sell our primary residence and buy another this year. We’re current on that mortgage, and we’ve paid all of ...


New Report Examines Housing Challenges Faced by Youth Aging out of Foster Care

Each year, approximately 25,000 young people “age out” of the foster care system in the U.S., many of them facing significant risks of becoming homeless.  The U.S. Department of Housing and Urban Development (HUD), in coordination with the U.S. Department of Health and Human Services (HHS), recently released ...


BBB Issues Advisory about ‘House Flipping’ Workshops

I have long preached the 'if it's too good to be true...' mantra. According to a recent report from Kelsey Owen at BBB, folks that may be attracted to the idea of getting in the high velocity and potentially lucrative business of ...


Global Luncheon Focusing on Russian Buyers and Sellers Held in Bergen County

Eastern Bergen County Board of REALTORS’ Global business Council recently held an expert panel focusing on the unique needs of Russian clients buying and selling real estate in Bergen County. ...


Realogy Named to 2014 Fortune 500 List

Realogy Holdings Corp. a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services, was named as a member of the 2014 FORTUNE 500 list of America’s leading corporations. The list was released recently by FORTUNE magazine, which annually publishes this prestigious ranking. Realogy ...


Play It Safe When You Leave Home: Vacation Security Smarts

As summer gets into full swing, it makes sense to review some simple but important steps you should take to secure your home during vacation season. Amidst all of the decisions about where to go, where to stay, and what to do ...


Rates on New Home Loans Remain Stable

The average characteristics of conventional mortgages used to buy newly built homes were little changed in April, according to data released recently by the Federal Housing Finance Agency (FHFA). ...


Webinar June 4 for the Mobile Agent

Looking to maximize your mobile reach? Get a tech savvy update on which mobile applications are a must have in the upcoming webinar from realtor.com®, tomorrow, June 4 at 10 a.m. PDT. Learn how to load-up with the apps that work only for real estate that won’t waste your time ...


Your Place: Hire Someone Else to Fix Leaning Garage

(MCT)—Question: I have a 75-year-old, one-car, detached wooden garage that has started to lean. What do I need to do to straighten it up? I am really handy and would like to do it myself if I could, but I have nowhere ...


Apartment and Condominium Market Shows Positive Growth in First Quarter

Production of apartments and condominiums showed positive growth in the first quarter of 2014, according to the latest Multifamily Production Index (MPI), released recently by the National Association of Home Builders (NAHB). The index increased three points to 53, which is the ninth consecutive quarter with a reading of 50 ...


May Marks Fifth Month of Declines for Home Price Gains

Clear Capital recently released its Home Data Index™ (HDI) Market Report with data through May 2014. Using a broad array of public and proprietary data sources, the HDI Market Report publishes a granular home data and analysis. ...


Contest: Fill ‘er Up! Win a Tank of Gas with This Month’s Reader Rewards Contest

As we all know, a real estate agent's job is 24/7, jam-packed with different people, properties and adventures. Whether in the office or on the go, we (and 350,000 of your fellow real estate professionals!) want to know: What is the one ...


Single-Family Built for Rent Market Remains off Recent Market Highs

Single-family starts built-for-rent were effectively unchanged at 4,000 starts for the first quarter of 2014. While the market share of built-for-rent single-family units remains elevated, the share and count of starts appear to be declining off post-Great Recession highs. ...


Pending Home Sales Edge Up in April

Pending home sales improved for the second straight month in April, according to the National Association of REALTORS®. Gains in the Midwest and Northeast offset declines in the West and South. ...


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