Agent/broker perspective: Who decides what buyers can afford?
Opinion
Agents should be mindful of obvious warning signs that buyers are pursuing homes they can’t afford
by Anthony Askowitz Mar 19
Long Island City, Queens, New York
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
Hurricane Harvey damage in Port Arthur, Texas
A new analysis finds that property at risk of flooding is double the current FEMA risk, and 41 million Americans could be impacted.
Housing starts unexpectedly 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
Hurricane Harvey flooding in Port Arthur, TX
ATTOM report does show increased construction loans following hurricanes in Texas, Florida, and Puerto Rico and devastating wildfires in California
Two men exchanging business cards
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: CoreLogic
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
money
Opinion
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 guarantees aggressive rate hikes to come
February marks biggest employment boost since July 2016
HUD considers dropping anti-discrimination language from mission, draws criticism from real estate
Zillow, NAR speak out on the importance of fair housing and diverse, inclusive communities. HUD says it remains committed to these ideals.
10 years after housing crisis, some states still struggling to recover
Home prices in Illinois, Florida, Nevada and Arizona have failed to reach pre-recession levels, and today nearly 2.5 million residential properties remain in negative equity
How the inventory shortage is throwing a wrench in my business
Opinion
All the technology in the world won't provide us with more homes to sell
by Teresa Boardman Mar 8
NAR fights for rule to potentially offer health care plan to Realtors
The trade group is weighing in on a regulation proposed in January that could pave the way for it to create an association health plan for its members.
The top 10 markets for first-time homebuyers: Zillow
Cities in Florida and Texas offer great entry-level real estate investment opportunities
Buying a starter home is only getting harder: CoreLogic
Home prices rose 6.6% in January, and millennials are expected to bear the brunt of inventory shortages and worsening affordability
by Marian McPherson Mar 6