National News

Resourceful millennials approach market in different ways

As the largest generation of homebuyers, millennials are transforming the housing market and the way the process goes, according to a new report, Zillow Group Report on Consumer Housing Trends 2017. In previous generations, buyers used to search until

NRT launches ‘ON Collaborative’ to expand new development marketing nationally

NRT, the nation’s largest residential real estate brokerage company, announced today the launch of ON Collaborative by Coldwell Banker Real Estate Services, LLC. Doing business as ON Collaborative, this will be a new full-service development marketing firm integrated with

Housing prices hit a three-year high as sales drop off

Two new reports highlight the U.S. residential real estate market’s continuing balancing act. First, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index showed that home prices are on the rise around the country, up 5.9 percent in

Freddie Mac: Lower prices, more new home sales in 2018

Though thermometers in the Midwest and East are displaying temperatures typically seen in the dead of summer, calendars show that 2018 is not-so-slowly creeping up on us. And while the 2017 residential real estate market has been a mixed

NAREB reports cautious optimism as black homeownership rises in 2017

Black homeowners were hardest hit by the 2007 recession and have not been able to recover as quickly as most other homeowners. However, according to a new report from the National Association of Real Estate Brokers (NAREB), black homeownership

Survey: Despite lower sales, homebuyers and sellers remain confident

Recent news about the residential real estate market has painted a pretty bleak picture — one of dwindling options, driving sales down and increasing competition. However, a recent survey from the National Association of Realtors shows that consumers are

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Starter homebuyers should take advantage of fall, winter months

While agents around the country look forward to spring homebuying season every year, there’s one major annoyance for buyers: Other buyers. To circumvent that competition, Trulia suggests that first-time homebuyers on the market for a starter home start their

Reliance on non-conventional financing for new homes declines nationwide

Nationwide, non-conventional forms of financing accounted for less than a third of the new single-family home market for the first time since 2008, according to the National Association of Home Builders’ analysis of the 2016 Census Bureau Survey of

NAR: Existing-home sales continue to flounder

Low inventory continued to vex the housing market and caused existing-home sales to drop 1.7 percent to 5.35 million in August from July, marking the fourth month of declines out of five, according to the National Association of Realtors.

U.S. housing market is changing as more adults choose not to have kids

The fertility rate in the U.S. is at its lowest since records on that data began in 1909 and the housing market is seeing the affects, according to a recent report from The Denver Post. Last year, the birthrate

Severe weather shakes builders’ confidence

After hurricanes rocked the South and Southeast in the past month, builder confidence dipped due to the storms’ impact on labor and materials. The Housing Market Index from the National Association of Home Builders and Wells Fargo shows confidence

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Home flippers move toward more affordable markets as profits plateau

Less homes are being flipped, for less of a profit, and for those who do, the cost is the most expensive it’s been in nearly 10 years according to a new report from ATTOM Data Solutions. Flipping trend on

Boston is one of the best cities for single women homeowners

Boston is the 12th best market for single female homeowners, according to a new study from Owners.com. The online real estate brokerage ranked the 20 best MSAs for single women to buy a home. A number of factors were

Zillow: Housing market not safe from climate change effects

With Hurricanes Harvey and Irma still fresh on the minds of government officials and residents around the country, many are focused on the issues immediately at hand: rebuilding and cleaning up. However, scientists and weather officials are looking at

Student loan debt delays millennial homeownership by 7 years

As many millennials age and start to consider homeownership, student loan debt continues to be a major hurdle. According to the 2017 Student Loan Debt and Housing Report, the majority of millennials with student debt currently do not own

Homebuyers are prioritizing family when looking for their new homes

Homebuyers are focusing on family over their dream homes, according to a study from Bank of America. The Homebuyer Insights Report shows that homebuyers are prioritizing family members with around four in 10 first-time homebuyers planning to move closer

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