National News

New app to boost agent safety would ‘Forewarn’ of potential risks

Despite all the technology that’s involved in the real estate industry today, there still remains a human element that won’t be going away any time soon. House hunters and potential buyers can search for homes all they want, but

Lenders, agents trump online sources as top mortgage influencers

The internet offers scores of tips and resources for finding a mortgage, but according to a recent survey conducted by Fannie Mae’s Economic & Strategic Research group, homebuyers feel more comfortable shopping for mortgages with assistance from specialists. According

NAR invests in new e-closing platform

In a survey of NAR members last year, more than 60 percent of Realtors said they’d had closing processes that were delayed or canceled because one of the parties couldn’t be physically present for the signing. As a result,

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How many working hours does it take to buy a home?

The ability to own your own home is a dream for most Americans, but depending on which part of the country you live in, that may require more working hours than in other locations. A recent report from How Much

Home sales decline for third consecutive month, while prices rise

For third month in a row, there was a decline in home sales in September. However, the average home sale price continues to rise. A recent Redfin report shows that in September, home sales fell by 8.1 percent — the

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Rising sea levels pose biggest threat to owners of less-expensive homes

It’s common knowledge that ships and boats can sink, but can you imagine a sunken community? A recent report revealed that $916 billion worth of U.S. homes could end up underwater due to the sea level increasing by just

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Suburban rules: Majority of new homes built in community association

A recent survey shows about six out of every 10 homes built in 2016 were built within homeowner’s or community associations. The U.S. Census Bureau’s Survey of Construction (SOC) defined homeowner’s associations as “formal legal entities created to maintain common

Predictive analytics preferred over realty AI, says survey

According to a recent survey from Imprev Thought Leadership, two out of three real estate executives favor newer technology such as Predictive Analytics, Marketing Automation, and Big Data for future business, while less than half are willing to invest

Home value perception gap narrows for fourth consecutive month

Although homeowners and appraisers don’t see exactly eye to eye on home values, the gap is narrowing, according to the latest National Quicken Loans Home Price Perception Index (HPPI). According to the September update, appraisers’ valuations were 1.14 percent

Alexa, order me a house?

After becoming everyone’s go-to online shopping mecca, formidably contending with Hulu and Netflix and even upending the grocery industry by buying Whole Foods, it’s clear that Amazon is in the business of disrupting just about any industry it chooses.

New flooring trends for single-family homes

The trends they are a changin’. Resilient — or vinyl — flooring is out, and real hardwood floors have reemerged as the leader in the flooring market. A new report from Home Innovation Research Labs shows that in the last 12

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Millennials want smarter homes over starter homes

Millennials are interested in smart homes, and are willing to pay more for them. Because these 18- to 35-year-olds represent the first generation born into the digital age, they are thought of with negative connotations like laziness and vanity.

What baby boomers want in their next home

In a recent poll about what baby boomers want as they move into retirement, many said they are looking for homes near their grandchildren and homes with a multi-car garage and storage. According to the Del Webb Baby Boomer

Home sweet (haunted) home?

Are prospective buyers willing to make a haunted house their next home, or would they rather run screaming to the hills? That’s what Realtor.com set out to decide in its recent Haunted Real Estate survey of more than 1,000

Mortgage delinquency drops in July

It’s as easy to pay mortgages on time now as it was 10 years ago in July 2007, this according to CoreLogic’s monthly Loan Performance Insights Report. 4.6 percent of mortgages were in some stage of delinquency in July — a decrease of 0.9 percent from July 2016

Consumer confidence in housing market matches June’s all-time high

The Fannie Mae Home Purchase Index rose 0.3 points in September to 88.3, matching June’s sentiment, which is the index’s all-time high. Not only do a record number of people think now is a good time to buy, but

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