National News

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Top bathroom renovation trends of 2017

Homeowners in 2017 want a lot in their bathroom space. However, what used to be one of the main bathroom components — the bathtub — is one they do not want, preferring alcove or corner showers. Houzz recently released their

Pending home sales continue to fall

Pending home sales fell in August, according to the National Association of Realtors, and Hurricane Harvey and Irma are expected to put existing sales below 2016’s pace. This marks the fifth time in the past six months that pending

Redfin Housing Demand Index up 27 percent from last year

The Redfin Housing Demand Index remained relatively flat from July to August, rising slightly from 126 to 127. However, on a year-over-year basis, it is up 27.7 percent. The Demand Index is calculated using the number of Redfin customers

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Report: By 2022, nearly half of builders will focus on green homes

A new report shows that going green is gaining steam among homebuilders around the country. The Green and Multifamily and Single Family Homes 2017 SmartMarket Brief shows that at least one-third of homebuilders said that green building makes up

City living long term: survey finds old and young alike want to remain living in city as they age

City living is a trend that appears to be here to stay as more people decide they want to keep city living as they age. Recently, the 2017 Aging in Cities Survey was released which involved 3,000 residents of 10 large

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NAR: Middle-income homeowners could lose under new tax proposal

GOP leaders revealed an outlined for comprehensive tax reform on Wednesday. However, the National Association of Realtors believes the plan will lead to a tax on homeownership for millions. The new tax reform changes the current tax code to

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

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