The new median size for single family homes is 2,450 square feet. According to the 2014 Survey of Construction (SOC) data from the Census Bureau and NAHB analysis, this is the second highest average since 2009. Tweet: The new median

Yet another study finds that a majority of Americans are on financially insecure footing Sixty-two percent of Americans have inadequate savings. That alarming statistic was the main finding of a Google Consumer Survey that GoBankingRates, a national website that

Resurgence of wire fraud scams alarms NAR Wire fraud, or fraud using telecommunications technology, is on the rise in real estate transactions, according to a new report in the Washington Post. The scam works like this: hackers gain access to either

On Oct. 3, lenders finally reached the much-delayed compliance deadline imposed by TRID. However, in an effort to assist smaller lending, title and escrow companies reach a level of sustainable compliance with the new documentation, a bipartisan bill was introduced, and

The National Association of Home Builders Young Professionals Committee was recently formed to inspire young homebuilding professionals under the age of 45 to become association leaders. New members will be involved in national networking, education and advocacy initiatives. And when filling out an application, the association is recommending

Housing has made considerable progress the last few years, but elements of the downturn still linger. Recently, there have been many promising developments in housing. New construction, for instance, is becoming more affordable, and new home sales are up

Average fixed mortgage rates have lowered following September’s jobs report, according to Freddie Mac’s Primary Mortgage Market Survey. With the 30-year FRM falling from 3.85 to 3.76 percent, average rates have now been below 4 percent for 11 consecutive weeks, while including the

LendingTree’s survey reveals that though Americans bargain shop for many things, they do not adequately research financial loans. Out of the 1,024 people surveyed (ages 25 and up), 79 percent of Americans claimed to be bargains shoppers. An overwhelming  83

Chicago holds a majority of zombie foreclosures, vacant homes Despite a 43 percent national drop of “zombie” foreclosures, they still remain a problem in several parts of the country, according to a RealtyTrac study, including Massachusetts who saw an increase. The study,

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications increased 25.5 percent from the week prior. Refinancing activity increased by 24 percent, while purchase mortgages rose by 27 percent. Refinancing comprised 57.4 percent of all mortgage

The rental market in Boston has been red-hot for some time now, and it is approaching a milestone The average rent in Boston’s housing market is nearly $2,000, and the area’s rental growth remains strong. Those were the main findings in the latest

China is currently steeped in economic turmoil, and its tumbling stock prices and overinflated real estate market have industry professionals asking the question: How will this affect the U.S. real estate market? The answer has major implications for agents, brokerages

According to RealtyTrac and Ethnic Technologies, the share of Mandarin Chinese-speaking buyers paying in cash has increased to 46 percent in 2015, a 229 percent increase from 2005. This increase puts Mandarin Chinese in the lead in terms of cash sale market share

As the era of House Speaker John Boehner (R-Ohio, 8th) comes to a close, we’re looking back on the legacy of the chamber’s 61st speaker and the Ohio native’s history with housing policy. As minority leader in April 2008, when the

Despite more Millennials entering the market, baby boomers still lead Baby boomers made up the majority of new households formed in the beginning of 2015, according to a report released by the National Association of Realtors. The report, which

Green construction is growing faster than conventional construction. It currently provides 2.3 million jobs and $55 million in residential construction spending, which is expected to grow by $45 million by 2018. The homebuyers driving that growth are becoming increasingly eco-conscious, and the National Association of