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Today’s Top Story Archive


Mortgage Applications Skyrocket 49 Percent – Largest Weekly Jump Since 2008

Mortgage applications made big moves last week, increasing 49.1 percent from one week earlier and showcasing the largest jump since November 2008, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 9, 2015. ...


High Court Makes It Easier for Borrowers to Walk Away from Underwater Homes

On Tuesday, the U.S. Supreme Court ruled that borrowers looking to rescind their mortgages simply need to notify creditors in writing of their intention to rescind within three years under a key fair lending law. This ruling could possibly make it much easier ...


Real Estate Community Given another Safety Scare

The real estate community witnessed yet another safety scare last week when a man held a real estate agent captive in Elk Grove , Calif. The agent was handcuffed and held at gunpoint by David Timothy Burnhart, 47, while showing an ...


The Real Estate A-List: 27th Annual Power Broker Survey Ranks Nation’s Top-Producing Firms

The industry’s most widely read and long-standing ranking of the country’s top real estate brokerage firms, RISMedia’s Power Broker Survey is now available for qualified brokers to complete. Now in its 27th year, the Power Broker Survey ranks firms by closed transactions ...


Loan Delinquencies Reach Record Low

Delinquencies continued to decline in last year’s third quarter, falling in seven out of 11 categories as the economy improved and consumers responsibly managed their finances, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin. ...


Obama Plan Makes It Easier for Younger, First-Time Homebuyers

(TNS)—President Barack Obama moved Wednesday to make it cheaper for first-time and younger buyers to take out a mortgage. Obama lowered the mortgage-insurance premium for borrowers who have a down payment of just 3.5 percent of the home’s purchase price and finance the ...


3 Reasons Housing is Looking Up in 2015

As 2015 rolls forward, there are several economic indicators that the housing market may have a break-out year. Let's review the top three. ...


15 Time-Saving Hacks for 2015

Time is one thing we can’t get back. Once a minute has passed, it’s gone forever. Spending our minutes wisely will not only result in being more productive, it’ll also give us more freedom to focus on the broader spectrum of activities that ...


Index: Prices Up ‘Across the Board’ in 2014, Midwest Expected to Outpace the Nation

With 2014 behind us, 2015 promises changes within the market as the housing recovery moves forward, according to recently released information from Clear Capital, a provider of data and solutions for real estate asset valuation and collateral risk assessment. The company recently released ...


Power Broker Strategies for Starting the New Year Strong

As many Power Brokers know, closing the fourth quarter strong is vital in order to prepare for a strong start in 2015. In a recent webinar titled, “Finish the Year Strong, Start the New Year Even Stronger,” ...


Refresh, Relaunch and Reignite Your 2015

Want to really hit the profit zone you’ve dreamed of by this time next year? ...


New Regulations Affect Homeowners in 2015

Increasing energy efficiency has long been the mission of the U.S. Department of Energy (DOE), and in 2015, two new regulations involving air conditioning equipment and water heaters will take effect to support this goal. REALTORS® need to be familiar with the new ...


Home Prices End Year on Stable Note

(TNS)—Home prices are ending the year on a stable note, according to new data out Tuesday morning. The Case-Shiller Index—which tracks prices nationwide and in 20 major cities—reported prices grew 4.6 percent in October compared to a year earlier. That’s ...


America’s Housing Stock Increases $1.7 Trillion

The housing market received both good and bad news as of late; the good news is that America’s housing stock is now worth $27.5 trillion, an increase of $1.7 trillion over last year.  The bad news is that U.S. home values rose 6 ...


Renting Less Affordable than Buying—Except for where Millennials Are Moving

Last week, housing-data giant RealtyTrac® released an analysis of fair market rents and median home prices in more than 500 U.S. counties, which shows that buying is still more affordable than renting in the majority of U.S. housing markets. ...


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