National News

Zillow’s Plans to Acquire Trulia: Will the FTC approve?

Zillow and Trulia have announced their commitment to one another, as Zillow has entered into a “definitive agreement to acquire Trulia” for $3.5 billion in stock. Both companies will remain in tact as brands with Trulia CEO Pete Flint

Housing Inventory Not in Favor of First-Time Homebuyers

Though overall housing inventory is showing signs of recovery, it’s not progressing in a way that helps first-time homebuyers. According to the National Association of Realtors, 2014 has been a very good year for housing inventory. After falling precariously

It’s On – Move, Inc. Answers Zillow with Own High-Profile Acquisition

And you thought Zillow was the only syndication site making high-level acquisitions? Advantage – Move, Inc.? In a clear response to Zillow’s $3.5 billion acquisition of Trulia, Move, Inc., the company that manages NAR’s website, has acquired the

How Much is $1 Million, Really?

$1 million is a hefty chunk of change, but new data shows that it goes much farther in some metro areas than in others. How much is $1 million, in the grand scheme of things? According to some very interesting

5 Reasons We Could See the Strongest Autumn Selling Season Since 2008

Autumn has traditionally been a slow selling season, but Redfin analysis suggests that may not be the case in 2014. It’s a seasonal trend as tried and true as any in American business – the strong summer homebuying season

Census Bureau: Residential Construction Flat in July

Residential construction was basically flat in July, though it remains ahead of 2013’s pace. Residential construction spending through July was at a seasonally adjust annual rate of $358.1 billion, a 0.7 percent increase from June, according to the latest

Negative Equity Heavily Concentrated in Lower Price Points

Negative equity persists in today’s housing market, but its impacts are not equally felt in every price point. #471456425 / Earlier this week, we reported on new findings by Zillow that a whopping 42.6 percent of Generation X

July Pending Home Sales Offer Pleasant Surprise

Pending home sales rose for the fourth time in five months, according to the National Association of Realtors. Pending home sales rebounded in July, rising 3.3 percent from June according to the latest data from the National Association of

The Limitations of $1 Million in International Real Estate

$1 million sure goes much farther in our local housing market! In our housing market, as well as scores of others across the U.S., $1 million is a hefty sum of money, one that awards potential homebuyers a myriad

Generation X Still Racked by Underwater Mortgages

Though the U.S. has cleared through millions of underwater mortgages, a shocking number of Gen X mortgage holders are still underwater. #115181433 / Seventeen percent of the nation’s homeowners – aka 8.7 million – are still underwater on

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