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Today’s Top Story Archive


Existing Home Sales Increase but Overall Market Continues to Underperform

While existing-home sales inched up a slim 1.2 percent in February, the National Association of REALTORS® recently reported that constrained inventory levels pushed price growth to its fastest pace in a year. ...


Underwater Homeowners Sink Deeper, Even as Home Values Rise

Owners of homes at the bottom of the market are trapped underwater on their mortgages even as the real estate market continues to recover, according to the fourth quarter Zillow® Negative Equity Report. That’s because low-endhomes—the most likely to be upside-down—are losing value. ...


U.S. Foreclosure Activity at Lowest Level Since July 2006

RealtyTrac® recently released its U.S. Foreclosure Market Report™ for February 2015, which shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 101,938 U.S. properties in February, a decrease of 4 percent from revised January numbers and down 9 percent from a year ...


The Secrets to Selling a Second Home

For real estate professionals serving vacation areas, marketing a property is a lot like telling a story: the story of the home, the story of the surroundings, the story of the community. Successfully selling a vacation property is contingent upon a number of ...


New Report Shows 1.2 Million U.S. Borrowers Regained Equity in 2014

CoreLogic® recently released new analysis showing 1.2 million borrowers regained equity in 2014, bringing the total number of mortgaged residential properties with equity at the end of Q4 2014 to approximately 44.5 million or 89 percent of all mortgaged ...


Renters Feeling Heat from Heightened Housing Costs

The gap between rental costs and household income is widening to unsustainable levels in many parts of the country, and the situation could worsen unless new home construction meaningfully rises, according to new research by the National Association of REALTORS®. ...


Will Bitcoin Buyers Break into the Housing Market?

Digital currencies continue to take hold in real estate—this time, across the Atlantic. RE/MAX London recently announced a trial program with payment platform GoCoin that will support digital currency payments on property rentals throughout the country. ...


Reaching the Right Consumers at the Right Time

In the real estate industry, timing is critical. According to NAR, an average buyer spends 10 weeks searching for a new home, two weeks shorter than the previous year. Because of this, reaching these consumers at the right time has ...


NAR Generational Survey: Millennials Lead All Buyers, Most Likely to Use Real Estate Agent

Despite the economic and financial challenges young adults have braved since the recession, the millennial generation represented the largest share of recent buyers, according to the 2015 National Association of REALTORS® Home Buyer and Seller Generational Trends study, which evaluates ...


Best Normcore Neighborhoods to Buy an Unpretentious Home

Those counting on millennial buyers to rescue the housing market should be aware of the nascent normcore trend among that generation. The word normcore may sound fake, but a quick Internet search will show you that normcore is for real. ...


Consumers Increasingly Optimistic about Economy, Housing

Amid continued strengthening in employment, consumer optimism toward the economy is growing and appears to be contributing to further improvement in overall housing sentiment, according to results from Fannie Mae's February 2015 National Housing Survey™. ...


Digital Natives: Courting Millennials on Their Terms

While they may be slow in arriving, it’s inevitable that those born after 1980 are poised to become tomorrow’s mainstream buyers and sellers. Define them as digital natives, Gen X or Y-ers, or collectively as millennials—no matter how you slice it, they’re bringing ...


NAR and REALTORS® Federal Credit Union Offer Credit Card as New Benefit for REALTORS®

National Association of REALTORS® members now have access to an additional benefit through a new choice for credit—an official REALTOR® credit card. The credit program, available to current and new members of the REALTORS® Federal Credit Union, a division of Northwest Federal Credit Union, ...


FSBO Listings Can Be a Goldmine

To be successful as a REALTOR®, an agent needs to devote at least one hour of his or her day to prospecting. That’s the philosophy of best-selling author, Jim Remley, founder of FSBOListingGuru.com, who lent his expertise in the recent Homes.com’s webinar, “...


New Consumer Financial Protection Bureau Forms May Mislead Consumers, Complicate Lending

Recently, the Consumer Financial Protection Bureau (CFPB) announced new disclosure rules, which will go into effect this summer. While their activation is still months away, lenders are already weary that it will make the ...


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