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Today’s Top Story Archive


Housing Starts Rise 2.8 Percent in March

Led by a 6 percent rise in single-family starts, nationwide housing production rose 2.8 percent above an upwardly revised February rate of 920,000 to a seasonally adjusted annual rate of 946,000 units in March, according to newly released figures from HUD and ...


Builders Continue to See Market Improvements

The March NAHB/Wells Fargo Housing Market Index rose one point from a one-point downwardly revised February to 47. This is the third consecutive month with the index below 50, the point where more builders see the market improving rather than getting poorer. ...


REALTORS® Take Their Message to Nation’s Capitol

Next month REALTORS® will head to Washington, D.C., for the REALTOR® Party Convention & Trade Expo, May 12-17, to promote public policies that protect investment in commercial and residential property and advance the real estate industry and REALTOR® business. Nearly 8,500 REALTORS® ...


Working at Home: Who Claims the Home Office Deduction?

Often cited as a “red flag” for audits, the home office deduction is in fact a legitimate business deduction with particular importance for certain careers and small business owners. Moreover—from the housing economics perspective—IRS data concerning the deduction, along with Census data ...


Who Pays America’s Highest (and Lowest) Property Taxes?

The second biggest cost of homeownership—following the mortgage—is usually property taxes. In 2012, U.S. homeowners paid an average of about $2,800 in property taxes, according to a recent Zillow study. And if you live in New York, New Jersey, or Colorado your ...


In Top Metro Areas, a Relationship Is Found between Income and Home Values

In a recent study, NAHB examines eight key housing statistics from the 2012 American Community Survey (ACS). This post takes a closer look at two of those statistics; the median household income and median value of owner-occupied housing units. ...


The Wonder of Widgets: Keep Buyers and Sellers Coming Back to Your Site

When you visit Homes.com, there are a myriad number of ways the site can help you and your real estate company grow, be it the informative articles, helpful blogs or thought-provoking webinars. ...


What New Mortgage Rules Mean for Brokers

As of Jan. 1, 2014, the new Consumer Financial Protection Bureau (CFPB) rules and requirements for buying a home and refinancing a mortgage, also known as the “qualified mortgage” or “ability-to-repay” rules, are in effect. There may be a few challenges ahead ...


Positive Signs Crop Up Heading into Spring Homebuying Season

Recent month-to-month volatility in the housing market has softened the ongoing recovery. However, the majority of the Fannie Mae National Housing Survey indicators on consumer attitudes have continued to move in a positive direction during the past year, which may portend a ...


Recovery Spreads: Activity Exceeds Norm in Many Markets

Of the approximately 350 metro markets nationwide, 59 returned to or exceeded their last normal levels of economic and housing activity, according to the just-released National Association of Home Builders/First American Leading Markets Index (LMI). This represents a net gain of 11 ...


Real Estate Investment Clubs for Fun and Profit, with Luck

(MCT)—Kimberly and Edward Rushing’s fledgling real estate investment venture got off to a rocky start. ...


Vacation Home Sales Surge in 2013, Investment Property Declines

Vacation home sales rose strongly in 2013, while investment purchases fell below the elevated levels seen in the previous two years, according to the National Association of REALTORS®. ...


As Social Networks Cash in on Real Estate, Agents Look for Profits of Their Own

While many brokers continue to question the ROI of social media along with the amount of time their agents devote to posting, tweeting, pinning and the like, it has proven to be a very valuable resource for real estate professionals. It’s helped ...


Consumer Financial Protection Bureau Aggressive on RESPA

This is the “end of the beginning,” to borrow from Winston Churchill. The Consumer Financial Protection Bureau (CFPB) has mostly completed the major regulations affecting the housing and mortgage industry. While there will undoubtedly be a fair amount of additional guidance issued, ...


Achieving Success: Act Now!

“My dreams are worthless, my plans are dust, my goals are impossible. All are of no value unless they are followed by action. I will act now.” Og Mandino, “The Greatest Salesman in the World.” ...


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