Housing in 2020: Construction Costs Grow, Mortgage Rates Slow
Where will housing be in 2020? According to the latest Metrostudy predictions, if all continues on its current track, construction...
National
New-Home Sales Still Weighed Down
July new-home sales were still weighed down, dropping 1.7 percent to 627,000, according to the Commerce Department. Inventory in July...
Existing-Home Sales Stuck
Another Month, Another Sales Slump For the fourth month straight, existing-home sales slid, the National Association of REALTORS® (NAR) reports....
Is the Housing Market Normalizing? One Sign the Tide’s Turning
With demand strong and supply weak, the housing market is overwhelmingly partial to sellers. The average homeowner is profiting $40,000...
HUD Alleges Facebook Fair Housing Violations
In a formal complaint filed on Friday, the U.S. Department of Housing and Urban Development (HUD) accused Facebook of allowing...
Buyers Lured to Midwest: Realtor.com
Buyers are eyeing the Midwest, where, compared to the coasts, there are more practical prices, according to the latest ranking...
Building Claws Higher in July
Building clawed 0.9 percent higher in July, but still underwhelmed year-over-year, according to the Commerce Department. Combined, housing starts totaled...
Appraisals Catch Up to Homeowner Opinions
Appraisers and homeowners are on similar wavelengths, with appraisals coming in only 0.28 percent under what homeowners expected in July,...
Homes by the Millions ‘Missing’ Thanks to Underbuilding
With building halted in the recession and construction at insufficient levels since, there is a 6.3 million deficit in the...
Luxury Market on Record Streak
The luxury market is on a record streak, with double-digit growth in 19 of the largest markets in the nation,...
3 Business Moves Agents Should Make Before Summer
As the market heads into the summer season, the groundwork you lay now can determine whether the coming months are productive. Agents can use this time to reconnect with clients and position themselves for more listings. Here are three smart business strategies to make before summer arrives. Read more.
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