National News

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

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