National News

Vacation home markets continue slow climb toward peak value

Vacation home markets are recovering slower than most from the housing market crash. According to a report from Zillow, markets with a high density of vacation homes are still 9 percent below their peak value before the crash. Meanwhile, areas

Taylor Morrison to acquire AV Homes in a $963 million agreement

Taylor Morrison Home Corporation announced their plans to acquire AV Homes with an agreement valued at approximately $963 million. AV Homes, a company engaged in building and developing homes in Florida, the Carolinas, Arizona and Texas, is expected to

Real Estate in Brief: Majority of loans made up by first-time buyers, home equity spike and more

Nearly half of all mortgages issued by Freddie Mac are made up by first-time homebuyers in the first quarter of 2018, according to an article from Bloomberg. With a median homebuying age of 32, first-time buyers are anxious to

Nearly 7 million costal homes at risk for hurricane damage in 2018

Nearly 7 million homes along the coast are at risk of hurricane storm damage this year, according to the 2018 CoreLogic Storm Surge Report. This could mean a $1.6 trillion potential reconstruction cost. A storm surge is defined by

Birth rates fall fastest in appreciating areas

Contrary to typical trends, the number of births across the country are dropping despite appreciating housing markets, according to Zillow. Home values are appreciating the fastest they have in 12 years and are projected to rise another 6.5 percent

Millennials are spending less on weddings to buy a home sooner

As June is the peak homebuying month of the year in major metro real estate markets and the beginning of wedding season, trends relating the two have been discovered. Data from OpenListings.com found that couples are ultimately spending less

Mortgage giants want to help ‘gig economy’ workers qualify for home loans

Millennials are finally aging into homebuying, which is one of the reasons why the housing industry is seeing strong sales growth throughout the country. But millennials are also more prone to be members of the “gig economy,” and that

Real Estate in Brief: Zillow begins Premier Agent program changes, enhanced reverse mortgages available and more

Zillow has just begun the changes to its Premier Agent program after announcing them back in April. Zillow will now have its own representatives screening incoming calls regarding leads. Previously, the process of purchasing leads had its downfalls, including

The outdoor remodeling projects that produce the highest resale value

An outdoor remodeling project is one way homeowners can increase the value of their property, but the return on those projects can vary, according to the National Association of Realtors and National Association of Landscape Professionals’ 2018 Remodeling Report:

Military members buy sooner than non-military buyers, study says

A recent study by the National Association of Realtors found that there are significant differences between active-service and veteran home buyers and sellers compared to those who have never served. Active-service military members are the youngest group by far

What factors might be threatening the Fair Housing Act?

When the Fair Housing Act was passed on April 11, 1968, the goal was to both eliminate housing discrimination as well as encourage residential integration. While some progress has been made over the past 50 years, there is still

Cover story: The Fair Housing Act at 50

Before the federal Fair Housing Act could be signed into law on April 11, 1968, political compromises to ensure its passage in the Senate carved a big hole in the legislation. The change eliminated the government’s ability to bring

Real Estate in Brief: Zillow’s first home purchase, political shifts and more

Zillow Group purchased its first home as a part of the Instant Offers program expansion. The purchase marks Zillow’s transition from its role as a real estate media company to a company that partakes in the direct buying and

How Boston’s real estate market ranks among the top 20 HQ2 city finalists

If Boston were chosen to be the home of Amazon’s HQ2, the demand for housing would skyrocket. Along with the 50,000 jobs that the new headquarters would bring to the city, home prices would increase significantly as people from around

NAR pulls President’s Circle support of congressman after anti-LGBTQ comments

The National Association of Realtors pulled its endorsement of Rep. Dana Rohrabacher (R-Calif.) after he made comments saying it was acceptable for people to refuse to sell their homes to gays and lesbians. Wayne Woodyard, a former Orange County

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NAR: Existing-home sales decrease in April

Existing-home sales dropped in April, despite the increase the market saw in the last two months, according to the National Association of Realtors. Existing-home sales include single-family home, townhome, condominium and co-op transactions. The sales dropped 2.5 percent in