National News

CMO-less Century 21 Releases 2015 Strategy

Century has been without a CMO for months, but the company is still moving forward with an eventful 2015 strategy. It has been five months since Century 21’s Chief Marketing Officer Bev Thorne parted ways with the company, and

What Do Single Men, Single Women and Married Couples Value in a Home?

When it comes to a home’s features, does one’s gender/relationship status impact how they prioritize the features? Walk-in closets, new kitchen appliances, nine-foot ceilings, single-level living – all are distinctive features to a home, and research from NAR suggests

Another Sign That First-Time Buyers are Missing in Action

First-time homebuyers are a scarce bunch, these days. Just when it seemed that the news on first-time homebuyers could not get any more distressing, here comes a new report from RealtyTrac to pour salt on the wounds. In short,

3 Important Trends in New Construction Housing

It’s a whole new world out there for new construction, as stunning stat after stunning stat drives home. The Census Bureau’s latest report on new single-family home sales is out, and its findings, at least on the surface, were

Zillow Wins the Battle – Move is Ready for the War

A California judge granted Zillow’s temporary restraining order to keep ListHub data flowing to Trulia. But will they win the case?   The verdict is in – at least for now – and until March 12, a California judge ruled

Huge Share of Millennials Return Home After Moving Out

The past few months, we’ve reported on the many thorny issues facing Millennials – that their wages in many industries have plummeted in recent years; that their savings rate is negative; that they have pushed roommate rates up to

Boston Posts Solid Price Growth in New Case-Shiller

Boston continued to follow the pack in the latest Case-Shiller Home Price Index. Home prices in the Boston metro area put up mixed numbers in the latest Case-Shiller Home Price Indices, falling 0.2 percent from November to December but rising 3.8 percent from Dec. 2013. It

3 Remarkable Charts on How Construction Has Shifted Towards Multifamily Developments

In a recent article on new construction, we reported that the multifamily share of total construction had risen from 17.2 percent of the market in Jan. 2002 to 35.1 percent of the market in Jan. 2014. Such a striking

NAR: Existing-Home Sales Hit Nine-Month Low

Agents are working hard to make 2015 a profitable year, but low inventories are keeping sales slow. January marked the start of a new year, but it was hardly the hit the ground running beginning the market was hoping

Bad News For the Middle Class = Bad News For Housing

Whenever you see a report on America’s evaporating middle class, you should think about the implications for housing. Homeownership is a defining symbol of American middle class life; indeed, the quintessential image of a single-family detached house, complete with

Why is Builder Confidence So Out of Touch with Reality?

Builder confidence is far above the rate of new construction; what gives? Here’s an interesting nuance to the housing recovery: the Housing Market Index, which tracks builder confidence, dropped a couple points from January to February, finishing at 55;

UPDATE: ListHub to Trulia: Five Days Left

In an ongoing battle to reign supreme over real estate listings, Move today announced its split with Trulia. And the blows keep landing. In a continuing battle over listing dominance, ListHub, which is owned by Move. Inc, operator of

Allen Tate Companies’ Pat Riley Named Chairman of Leading Real Estate Companies of the World

Pat Riley, president and chief operating officer of Allen Tate Companies, has been elected to a two-year term as chairman of the board of Leading Real Estate Companies of the World (LeadingRE), a global network of more than 500 market-leading

3 Reasons that Mortgage Rates Remain So Darn Low

Why are mortgage rates still so low? Allow us to count the ways. Average rates for the 30-year FRM may have ticked up last week, but they remain at their lowest point since May 2013. What’s behind the low stature

Multifamily Construction Picks Up Where it Left Off in 2015, Drives Market

It was the same old story in January, with multifamily construction leading the way. Another year, another setting for multifamily dominance in residential construction. That was the central lesson from the Census Bureau’s latest report, which found multifamily permits, starts

Zillow Officially Acquires Trulia for $2.5B, Gives Birth to ‘Zillow Group’

Zillow yesterday completed its acquisition of Trulia, shelling out $2.5 billion for its former rival and forming the “Zillow Group,” the parent company that will now house not only the Zillow and Trulia brands, but also StreetEasy and HotPads. Though nothing has

Oops! We could not locate your form.