Skyrocketing home prices are driving up homelessness rate
Eight of the 10 states with the highest median home prices had the highest rates of homelessness in 2017
by Marian McPherson | Mar 21
Fed announces rate hike, mortgages already on the rise
Additional increases throughout the year could push mortgage rates as high as 5 percent by year's end
by Jotham ​Sederstrom | Mar 21
Existing-home sales rebound, up 3 percent in February
Sales of homes came in at a seasonally adjusted annual rate of 5.54 million units, compared to 5.38 million in January, according to NAR
by Jotham ​Sederstrom | Mar 21
Here's why new home construction is down so much
Millennials in particular are losing out as new home construction slows, and the tax overhaul and tariffs aren't likely to improve matters
by Jotham ​Sederstrom | Mar 20
Fidelity set to acquire Stewart Information for $1.2B
In the past two years, title insurance and transaction services company also bought CINC, Real Geeks and a majority stake in SkySlope
by Emma Hinchliffe | Mar 19
Who decides what buyers can afford?
Agents should be mindful of obvious warning signs that buyers are pursuing homes they can’t afford
by Anthony Askowitz | Mar 19
Third area homeless shelter since 2017 to open in Queens, NY
A Fairfield Inn hotel at 52-34 Van Dam Street in the Blissville section of Long Island City will be converted into temporary housing for 154 homeless adult families
by Jotham ​Sederstrom | Mar 16
FEMA underestimates flooding risk to millions of Americans
A new analysis finds that property at risk of flooding is double the current FEMA risk, and 41 million Americans could be impacted.
by Jotham ​Sederstrom | Mar 16
Housing starts fall, multifamily sector to blame
Although overall starts took a big (surprising) hit over January's strong growth, jump in single-family construction signals relief for buyers
by Marian McPherson | Mar 16
Loan originations down, down payments up in fourth quarter
ATTOM report does show increased construction loans following hurricanes in Texas, Florida, and Puerto Rico and devastating wildfires in California
by Jotham ​Sederstrom | Mar 15
2017 saw uptick in agent-to-agent referrals
Listings shortage could be pushing real estate professionals to expand their sphere of business
by Marian McPherson | Mar 14
Wildfires, hurricanes triggered Q4 mortgage delinquencies
Effects of these natural disasters 'all too clear' in latest loan performance report
by Gill South | Mar 14
NAR says Dodd-Frank Reform bill would be good for housing
Trade org cheers proposed revisions to Fannie and Freddie credit score models and lending rule clarifications in legislation expected to pass the Senate soon
by Jotham ​Sederstrom | Mar 14
Why aren't wages growing faster in this booming economy?
The Fed's inflation forecasts (implicitly wages also) have failed ever since the recovery began in 2010
by Lou Barnes | Mar 9
Exceptionally strong jobs report ensures rate hikes to come
February marks biggest employment boost since July 2016