National News

Northeast holds steady on pending home sales

NAR economist urges developers to consider converting vacant office space, shopping malls to condos to relieve housing shortage.

Massachusetts in top five states for millennial millionaires

Millennials have surpassed baby boomers as the largest group of homebuyers in the U.S., and some of them have bigger budgets than you’d think.

Construction ramping up, but not enough to meet demand

Builder confidence is up, but housing supply is still an issue

Employee or independent contractor?

A lawsuit against Cervera Real Estate – and a new bill passed in California – raise the question of classification

Boston owners overvalue homes, but inch closer to appraisers’ opinions

Overall, home values made their largest monthly climb in five years, which means homeowners and appraisers are more likely to agree on market price.

Return of spot loans could reinvigorate condo market

October 15 is perhaps best known as the day tax extensions are due, but for condo buyers and their agents, it’s also the day that the new Department of Housing and Urban Development (HUD) rules on FHA loans for

Ready to ramp up? 7 key action items from the Accelerate Summit

At Houston Agent’s Accelerate Conference, Jack Markham, of Constellation Real Estate Group, asks the question: “How are you going to compete, not just with the other people in this room, but with large companies and their technology?”

Three ways real estate is getting smarter

DLA Piper’s Global Real Estate Summit examines ways in which technology is disrupting the market.

Home sales poised for a rebound

Although all regions saw a boost, the biggest increases were in the West, according to NAR’s index

Boston ranked 8th fastest-growing housing markets

U.S. home prices grow for first time in 15 months

NAR reports positive numbers for existing home sales in August

Existing-home sales in the U.S. were up slightly in August, according to the National Association of Realtors’ monthly report, released today. Completed transactions of single-family homes, townhomes, condominiums and co-ops rose 1.3 percent from July, and overall sales were

Fed lowers interest rates again

The Federal Reserve announced today  that it will cut interest rates further, to a top rate of 2 percent.  “The committee seeks to foster maximum employment and price stability,” the statement posted to the Fed’s website this afternoon read.

Coldwell Banker CEO to managing brokers: We must evolve or die

In what will likely prove to be his last address to a large group of real estate professionals associated with the company he runs, Coldwell Banker CEO Charlie Young directly addressed challengers such as Keller Williams, Compass and eXp.

Realogy announces restructuring as CEO denies Compass rumors

Realogy Holdings Group, parent company of brokerage brands like Coldwell Banker, Better Homes and Gardens Real Estate and several others, announced last week that it will embark on a process of “strategic organizational changes.” The New Jersey-based company said

Trump administration walks fine line with Fannie and Freddie reform plan

The long-anticipated vision of the future of Fannie Mae and Freddie Mac provides the public with the first concrete roadmap for returning the two firms to full private ownership.

Survey: Homeowners say buying a home makes them happier

Money can’t buy happiness, right? Well, maybe it can—as long as what it’s buying is a home.

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