National News

3 Important Graphs that Show Home Construction’s Recovery

When put in the proper context, residential construction has made considerable progress in recent years. The Census Bureau’s latest report on construction spending came out earlier today, and it represented what appeared to be more of the same –

Cheaper to Own, But Most People Still Rent

Owning a home is getting cheaper, but people are still choosing to rent. Buying a home is affordable, despite it being the largest purchase of most people’s lives. Low mortgage rates are helping to make homeownership one of, if

The Great Divide in Homebuilding

Some measures of the U.S. home construction market suggest things have radically improved, but does the data support that? The Housing Market Index, the chief measure of homebuilder confidence for the single-family home construction marketplace, fell five points in

Massachusetts Foreclosure Inventory Down Double-Digits

New data from CoreLogic drives home just how much progress our housing markets have made in clearing out their foreclosure inventory The last 12 months have been highly encouraging ones for Massachusetts housing market, according to the latest Foreclosure Report

6 Things to Know About the Fed Ending ‘Quantitative Easing’ and How it Pertains to Housing

The Fed announced earlier today that it was ending its third round of Quantitative Easing, but what does it have to do with housing? The Federal Reserve announced earlier today it is officially ending its third round of Quantitative

4 Graphs to Illustrate Student Debt’s Impact on Homeownership

Federal Reserve researchers attempt to explain the relationship, if any, between the growing burden of student debt and dwindling homeownership rates. Amongst a swirl of damaging factors, it’s difficult to pinpoint the primary drivers forcing down homeownership rates among

Pending Home Sales Rise, but What of the Future?

Pending home sales reached a milestone of sorts in September, but what does it mean for housing? Pending Home Sales increased in September by both monthly and yearly measures, with the yearly increase being the first in nearly a

Fannie Mae’s Economic and Strategic Research Group Releases October 2014 Economic Outlook

According to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research (ESR) GroupReal, economic growth in the U.S. appears ready to exceed 3.0 percent for the second half of the year, providing a sound basis for growth in 2015. The Group’s

Boston Home Prices Remain Positive in Latest Case-Shiller

It was another positive month for home prices in the latest Case-Shiller Home prices in the Boston metro area rose 0.1 percent from July to August and 5.0 percent from August 2013, according to the latest Case-Shiller Home Price Indices, which

Top Agent Network Files Trade Secrets Suit Against Zillow

California-based Top Agent Network files suit against Zillow claiming trade secrets theft. Earlier this week, Calfironia-based Top Agent Network, a private, member-only online community where verified top producing agents in local markets can collaborate and exchange information, filed suit

A Simple Guide to Lending Standards – and How They Haven’t Improved

We hear about lending standards all the time, and new data from CoreLogic suggests that they’re still quite tight. Are lending standards too tight? That’s a question on the mind of many housing professionals and analysts, so we’ve decided

7 Interesting Details About New Construction Home Sales

While everyone else focuses on the headlines, here are seven below-the-hood details you should know about new home sales. Sales of newly built single-family homes in September were at a seasonally adjusted annual rate of 467,000, a 0.2 percent

Student Loan Debt Takes Its Toll on Housing

In the last decade, student loan debt has become a major hindrance to young college graduates entering the home buying market. The saddling of debt is a struggle millions of Americans can relate to. And though, traditionally, household debt

Existing-Home Sales Improvements Highlight New Construction Slump

NAR’s September existing-home sales reports marks a bounce back from August’s dip. In August, existing-home sales took a slight dip from their peak pace in July. However, after a month of decreased activity, sales again picked up, this time

.REALTOR Domain Launch Date

In September, Chicago Agent magazine reported on the National Association of Realtors announcement to launch the .REALTOR domain to be used exclusively to represent NAR member websites. Today, the association further announced that starting tomorrow, October 23, the domain

The Top 6 Reasons that Homes Do Not Close

What are the most common reasons for why homes do not close? From financing issues to disagreements over the final sale price, there are many possible reasons for why a house did not close, so we decided to take a closer

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