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Today’s Top Story Archive


July Home Prices Soar by over 12 Percent Year-Over-Year

The housing market continues its march forward, as home prices nationwide increased by 12.4 percent year-over-year in July when compared to a year prior, according to the July CoreLogic Home Price Index (HPI®) report. ...


Foreclosures Down 25% from a Year Ago: CoreLogic

There were fewer foreclosures in July than a year ago, while properties in the foreclosure pipeline also fell as the housing market continued improving, according to recent data released by CoreLogic®. ...


Setting a Higher Standard for Service

When it comes to great service, today’s customers don’t always know how to define it, but they definitely “know it when they see it.” Unfortunately, too many consumers have become accustomed to substandard service and are literally ...


U.S Agencies Propose an Ease in Mortgage Requirements

Big news is circulating the housing sector as six regulatory agencies recently proposed an eased version of the Qualified Residential Mortgage proposal. This new proposal provides more Americans with access to affordable credit while encouraging a reliable, safe financial system. The regulation ...


Home Prices Surge in June, Double-Digits Continue, All Tracked Cities Showing Gains

(MCT)—Home prices in large U.S. cities rose sharply in June, marking the fourth consecutive double-digit gain for the nation’s leading home price index. ...


Are Higher Mortgage Rates Prompting a Pause in New-Home Sales?

Sales of newly built, single-family homes declined 13.4 percent to a seasonally adjusted annual rate of 394,000 units in July as higher mortgage rates prompted a temporary pause in buying activity, according to newly released data from HUD and the U.S. ...


Time on Market Falls to 8.6 Weeks

Houses are selling faster in America than they have in three and a half years, the height of the homebuyer tax credit, as the recovery continues to roar through the summer months despite predictions the torrid pace of sales will slow. ...


3 Lessons Learned from Home Flippers

(MCT)—Lex Levinrad is getting phone calls. More than he can handle. His Deerfield Beach, Fla.-based Distressed Real Estate Institute is flooded with requests these days from regular people — teachers, plumbers, paint salesmen — who want to invest in South Florida ...


Focusing on First-Time Buyer and Seller Needs Boosts Competition among Real Estate Companies

The housing market is abuzz with activity this summer, as sellers attempt to unload homes onto the market as their values rise and buyers compete for affordable pricing while mortgage rates are still low. Given the level of activity among market ...


Existing-Home Sales Rise 6.5% in July, Double Digits Remain on Median Home Prices

U.S. existing-home sales rose strongly in July, jumping to their highest level in almost four years—with the median price maintaining double-digit year-over-year increases, according to data released yesterday morning by the National Association of REALTORS®. ...


Privately Owned Housing Starts Up 21 Percent from Last Year, Sizeable Gains in Multifamily Housing


Data released recently by the U.S. Census Bureau in conjunction with the Department of Housing and Urban Development indicates that privately-owned housing starts were at a seasonally adjusted annual rate of 896,000 in July, 6 percent above the upwardly revised June ...


Rising Home Prices Drive Home Warranty Sales

As home prices rebound in a recovering housing economy, more sellers are purchasing extended home warranties to give themselves a competitive edge. ...


Housing Starts Rise 5.9 Percent in July

Nationwide housing starts rose 5.9 percent to a seasonally adjusted annual rate of 896,000 units in July as multifamily construction rebounded from a dip in the previous month, according to newly released figures from HUD and the U.S. Census Bureau. Meanwhile, ...


The Single-Office Entrepreneur

Realtor.com® designs programs to help brokers manage their listings and to provide branding and lead generation for all of their agents and properties on the site. These programs are not only available for large brokers; realtor.com also has a dedicated team ...


New Construction: Solving the Move-up Buyer Dilemma

While Helen Hanna Casey “literally grew up around the new-homes business,” she is quite clear that today’s new-home market is not like the one her father was a part of in the 1950s when he was executive director of the Builders ...


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