National News

CFPB Announces Second Extension

The Consumer Financial Protection Bureau decided to again amend its proposal to extend the forthcoming TILA-RESPA Integrated Disclosure rule compliance deadline, this time pushing the effective date from Oct. 1 to Oct. 3. “The bureau proposed Oct. 3 as

Pending Home Sales Now at 9-Year High

May was a solid month for pending home sales activity, but uncertainty remains for housing’s future Pending home sales continued their hot streak in May, rising by monthly and yearly measurements to their highest level in nine years, according to

Fair Housing Decision: A True Victory for Civil Rights?

Civil rights groups are celebrating the Supreme Court’s recent decision on disparate impact claims, but is it too early? The Supreme Court’s affirmation of an appeals decision endorsing the citation of disparate impact in housing cases – which means evidence

Negative Equity Still a Problem in Boston

Progress has been made on negative equity front, but troubling trends persist In the Boston housing market, 8.5 percent of mortgage holders remain underwater, and a majority will not reach positive equity for some time. That was the sobering finding of latest

Supreme Court Rules on FHA

Supreme Court rules disparate impact claims will be covered under FHA Discriminatory intent is irrelevant in cases of disparate impact, the U.S. Supreme Court ruled today in a tight 5-4 decision, where Justice Anthony Kennedy proved the decider. In

Value of Building Green

Some builders have avoided green building for fear of costs. Turns out, it could help them make money Environmentalists have long urged developers to design more green buildings, but faced with the high immediate cost of sustainable materials and

Supreme Court Decision Expected on Disparate Impact

A decision to redefine a landmark housing civil rights bill could come as early as tomorrow A handful of landmark cases in the Supreme Court this year – Obamacare and same-sex marriage – threaten to overshadow a soon forthcoming

Top 10 Dangers Facing the National Association of Realtors

The National Association of Realtors face 10 big dangers – none of them easily solved What are the threats that could impact the residential real estate industry? NAR’s “Danger Report,” a new report commissioned to the Swanepoel | T3 Group, analyzes the

3 Things to Keep in Mind as New Home Sales Near 7-Year High

New home sales up quite a bit so far in 2015, but many market forces remain at work The good news continued for new construction in May, with new home sales rising 2.2 percent from April and 19.5 percent from May

NAR: International Sales Total $104 Billion

Although international home sales declined last year, total dollar volume saw a 13 percent increase, according to the latest report from the National Association of Realtors. From April 2014 to March 2015, total international sales were at an estimated $104 billion, compared

Existing Home Sales – and Prices – Rise in May

NAR reports home sale increases, though prices also continued to rise Existing-home sales rose 5.1 percent in May up to a seasonally adjusted annual rate of 5.35 million, up from an upwardly revised 5.09 million in April, according to

The Pros and Cons of Foreign Real Estate Investment

The short term benefits and long term detriments of international buyers in the U.S. market International investors in the real estate market has been something of a hot topic over the past few years. Since the housing market crash,

Builder Confidence Hits Yearly High in June

Builder confidence in the market for newly built, single-family homes in June rose five points to 59 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). That is the highest level of confidence since Sept. 2014.

CFPB Proposes TILA-RESPA Delay

  On June 17, the Consumer Financial Protection Bureau announced a proposed amendment to delay the effective date of the TILA-RESPA Integrated Disclosure (TRID) from Aug. 1 to Oct. 1, 2015. In the announcement, CFPB Director Richard Cordray described

TILA-RESPA: A Builder’s Perspective

How builders should prepare for TILA-RESPA Pending the approval of a proposed amendment to extend its compliance deadline to Oct. 1, in less than two months, the real estate industry will find itself operating under of TILA-RESPA. Depending on

Top 10 Dangers Facing Brokers Today

Brokers and their businesses face 10 big dangers – none of them easily solved The real estate industry is on a precipice, and how it falls from that point will determine its future. That was the central statement – if not

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