Trends

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3 Ways that Millennials Will Change Housing

Millennials will be a major force in future housing markets, but they’ll also bring with them considerable changes. #145565779 / gettyimages.com Stop us if you’ve heard this one before – Millennials are the next big source of housing demand,

The 3 Prevailing Reasons that People Move in America

Housing is still the biggest overall reason for moving in America, but what are the specifics behind those moves? #183748163 / gettyimages.com Nearly 36 million people moved in the United States between 2012 and 2013, and housing was the

The Impact of Student Loans on Mortgage Applications

Millennials are waiting longer and longer to move into homeownership, but do student loans mean getting approved for a loan is harder? #76529853 / gettyimages.com It’s no industry secret that Millennials are staying away from the homebuying process, in

The 4 Jobs that Builders Desperately Need Workers For

We’ve been hearing for some time that there is a shortage of construction workers, but is there any truth to that? Answer: Oh yes! #143991371 / gettyimages.com There have been many memes in housing these past couple years, and

The Nation’s Mortgage Markets – in Two Easy Charts

The residential mortgage marketplace is often made into a complicated beast, but we’ve got two charts that explain it easily. #90537529 / gettyimages.com The residential mortgage market is a massive, multi-trillion dollar behemoth, and as such, it can often

Nearly a Quarter of Banks Report Easing Lending Standards

Are lending standards starting to ease up? That seems to be the implication of new survey data from the Fed. #185239684 / gettyimages.com Nearly a full quarter of banks reporting eased lending standards in 2014’s second quarter in the

Construction Spending Maintains Solid 2014 Increases in June

Though the month-to-month data was flat, construction spending remained in positive territory in 2014. Construction spending in June maintained its strong growth from 2013, according to the latest report from the Census Bureau. Though overall construction spending was down

The 3 Reasons Why New Homes Remain in Short Supply

The supply of newly built single-family homes remains quite low; why is that? Last week, we reported on the lackluster new home sales report, which found that sales of newly built single-family homes fell by 8.1 percent from May

Why You Should Ignore the Homeownership Rate

Media outlets the industry over are reporting on the Commerce Department latest homeownership report, but is the data reliable? The coverage was quite widespread – earlier this week, the Commerce Department reported that the homeownership rate in the U.S. hit

5 Tips for Building an Effective Online Presence

More and more buyers and sellers are starting their home search online, which means having an effective online presence is more important than ever. #157305213 / gettyimages.com Marketing has always been a crucial part of establishing an effective real

Tight Lending Standards Represent Future Challenge

A recent analysis from Goldman Sachs revealed that despite loosening standards, securing a mortgage is still a considerable challenge. #142900667 / gettyimages.com In the wake of the housing bubble collapse and the subsequent economic downturn, concerned homebuyers and professionals

Pending Home Sales Reverse Course, Fall in June

After three solid months, pending home sales took a step back, according to NAR’s latest analysis. The Pending Home Sales Index, NAR’s measurement of contract signings for existing-home sales, fell 1.1 percent from May to June and 7.3 percent

The 8 Referral Methods Foreign Consumers Use When Choosing an Agent

We all know that foreign homebuyers operate in different ways than U.S.-born consumers, but how do they ultimately choose their agent? #109724973 / gettyimages.com Earlier this week, we reported that international home sales in the U.S. soared from 2013 to

3 Implications of Zillow’s $3.5 Billion Acquisition of Trulia

The Zillow/Trulia merger could mean serious alterations to how agents and consumers interact. After a weekend filled with rumor and speculation, news dropped this morning that Zillow will indeed acquire Trulia for a cool $3.5 billion, creating by far the

4 Important Tidbits on the Demoralizing New Home Sales Report

June proved a very rough month for new home sales, but how bad are things, really, for the beleaguered homebuilding sector? #162748979 / gettyimages.com The headlines sure are negative – at a seasonally adjusted annual rate of 406,000, the sales

Subprime Market Major Hurdle for Hopeful African American Homeowners

Despite improve racial equality by leaps and bounds, the U.S. housing market continues to struggle with racial disparities. #157169491 / gettyimages.com Through much adversity, African Americans have made considerable strides towards equality in the U.S. However, barriers to homeownership,

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