National News

Real Estate in Brief: FTC website crackdown, Zillow lawsuit and more

According to HousingWire, the Federal Trade Commission (FTC) cracked down on a string of real estate websites allegedly targeting Section 8 renters, charging a weekly subscription fee for false rental listings. The FTC alleges that brothers and company owners Steven and Kevin (Kaveh) Shayan operated a set of

LGBT+ couples are showing a stronger desire to purchase homes

Although housing discrimination continues to be an issue for many in the LGBT+ community, more LGBT+ couples are buying homes. The National Association of Gay and Lesbian Real Estate Professionals (NAGLREP) put out its annual report looking at LGBT+

Existing-home sales steady in August after months of declines

After four months of declines, existing-home sales stayed steady in August from July, according to the National Association of Realtors’ monthly report. “Strong gains in the Northeast and a moderate uptick in the Midwest helped to balance out any

Homebuyers purchase second vacation homes for profit over personal use

Over the past decade, the market for second homes and online travel operations has transformed significantly. A survey by real estate adviser Savills and HomeAway found that recent buyers are prioritizing the purchasing of second vacation homes for financial benefits rather than

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NAHB: Permits and confidence grow, but tariff trouble looms

The latest survey of U.S. homebuilders by the National Association of Home Builders finds that confidence within the industry remains generally high despite some persistent headwinds. The NAHB/Wells Fargo Housing Market Index (HMI) for September remained unchanged from the

Coldwell Banker Real Estate announces new chief operating officer

Liz Gehringer, tenured senior vice president and chief ethics and compliance officer of Realogy Holdings Corp., was named the new chief operating officer for Coldwell Banker Real Estate LLC. Gehringer will be working under Coldwell Banker president and CEO, Charlie Young, while overseeing the brand’s field

Real Estate in Brief: Hurricane Florence threatens 750,000 homes

Hurricane Florence made landfall in North Carolina last Thursday. With three states in Florence’s sights, new data from Core Logic shows 758,657 homes in North Carolina, South Carolina and Virginia are at risk of being flooded. While Florence has

Real Estate in Brief: Trump, tax breaks, and technology in smart homes

Former President Jimmy Carter is calling for broad reform of the U.S. Department of Housing and Urban Development and advocates for voters to support candidates who promote affordable housing. Carter told CNBC that Trump administration is ignoring a national housing

Baby boomers are holding onto their homes as they head into retirement

As baby boomers gracefully round the corner into their golden years, Trulia found that the already strained housing market tightens a bit further as they hold onto their homes into retirement. Defined as the population born between the years of 1945 and 1964, aging them

As Gen Z enters the housing market, here’s what agents need to know

There are already approximately 100,000 Gen Z homeowners and that number will only continue to increase. While they share some concerns with earlier generations about affordability, 83 percent of Gen Z see themselves entering the real estate market within

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Want to know where home prices will be rising? Look for a new Starbucks

Neighborhood amenities can make a difference on how much buyers want a specific home, and there is one amenity that seems to have a larger impact on home values than any other – Starbucks locations. A recent study by

US home equity growth rates higher in minority communities

Homeowners throughout the U.S. are benefitting from recent home price appreciation by way of swelling home equity values. A Sept. 10 report from the data firm Black Knight estimated that the total value of “tappable” equity for the entire

What are homebuyers looking for in new construction homes?

When searching for a new home, buyers have a lot of ideas about what they are looking for, from the layout to the design elements and even materials and finishes. In order to get an idea of what homebuyers

Boston ranks as one of the most valuable cities in the country

Real estate wealth is dispersed unequally throughout the United States with revenue concentrated heavily in metropolitan areas, valued at $26.2 trillion in total.  Lending Tree ranked the top 50 most valuable cities in America from its collection of real estate data covering more than 155 million

Average new construction lot size remains at record low

In keeping with a decades-old trend, an analysis of Census Bureau data by the National Association of Home Builders found that the median size of a lot on which a new home was built in 2017 reached a record

Homeownership rate among minorities rising

The homeownership rate among minorities continues to increase, but there is still some progress to be made, according to the National Association of Home Builders. The homeownership rate among all minority groups in the second quarter of the year

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