National News

Economic outlook shows optimism in housing market

The majority of Americans are still feeling good about the housing market, according to the National Association of Realtors’ Housing Opportunities and Market Experience survey for the second quarter of 2018. The HOME survey found that 68 percent of Americans

See which paint colors can help boost sales prices

Choosing paint colors is perfect way to reflect your style onto your home. But, when it comes time to sell, the colors you chose may not appeal to potential buyers. Zillow is here to help with their 2018 Paint

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Household wealth at all-time high thanks to rising home values

American household wealth is the highest it has ever been at $101 trillion, according to the Federal Reserve 2018 Q1 release, an approximate $1 trillion increase from last quarter. Reports show that the significant increase in household wealth is

Urban growth rate catching up to the suburbs

Contrary to previous housing trends, urban neighborhoods have seen an increasingly fast growth rate, comparing closely with the rate at which suburban areas are growing, according to a study by the Urban Land Institute. The report analyzes different types

Real Estate in Brief: ShowingTime reports slowdown in showings, eXp Realty expands and more

The May 2018 ShowingTime Showing Index report was recently released, which analyzed the traffic per residential property for sale by agents and brokers. A higher number means that an average home saw more visits from potential buyers this month.

What Americans want in their dream home

A recent survey by Northshore Fireplace aimed to find out exactly what Americans would want in their ultimate dream home. Among those surveyed, the most important component of an American dream home was a view with peace and quiet. Americans

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Zillow incentivizes builders through Group Advantage Program

The benefits from Zillow’s Promoted Communities advertising program got a little bit sweeter last week. Zillow Group’s new Group Advantage Program allows customers of the Promoted Communities and Promoted Homes platforms to improve their listing content through an array

Key takeaways from Harvard’s latest housing report

While the state of housing in the U.S. has generally improved over the last 30 years, the latest report from the Joint Center for Housing Studies (JCHS) of Harvard University highlights some areas of concern as well. Since the

How climate change is affecting the housing market

There are various factors to consider when buying a home, and a new study suggests climate change is among that list. A Bloomberg News report by ATTOM Data Solutions found that in the last decade, the average home price

Existing-home sales fall slightly as prices hit all-time high

Existing-home sales fell 0.4 percent in May to a seasonally adjusted annual rate of 5.43 million, according to the latest report from the National Association of Realtors. Sales have fallen year-over-year for three months and are 3 percent lower

HGTV highlights the top luxury homes around the world

It’s HGTV enthusiasts’ favorite time of the year, when they’re able to get a taste of the luxury life by casting their vote for their favorite exotic homes. HGTV and Luxury Portfolio International have teamed up in search of

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Pulte Homes now come with smart home technology

Pulte Homes is making the leap into smart homes. In a Business Insider press release, PulteGroup announced all newly-built Pulte, Centex, Del Webb, DiVosta and John Wieland Homes will be equipped for smart technology to fit a homeowner’s lifestyle.

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Housing starts in May reach an 11-year high

It’s no secret a lack of inventory is making an impact on the housing market, but new reports show hope for a change. The U.S. Bureau of Labor Statistics and the U.S. Department of Housing and Urban Development released

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Real Estate In Brief: Freddie Mac to help fight rural unemployment, new millennial mortgage data and more

Freddie Mac, the government-owned real estate finance firm, announced June 15 that it had partnered with an outplacement services provider to help rural homeowners who may be at risk of foreclosure due to a lapse in employment. It’s part

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What are the top 10 issues affecting real estate in 2018?

The Counselors of Real Estate recently released its annual Top Ten Issues Affecting Real Estate list for 2018-2019, which includes both current and long-term opportunities and challenges. Interest rates and the economy, which may result in limited affordable housing, is

RE/MAX: Days on market sets near record low

The latest U.S. home sales report from RE/MAX shows that buyers are snapping up homes in near record time. Across 54 metro areas included in the survey, listings lasted only 46 days on average before being placed under contract. Only

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