National News

UpstreamRE appoints new member to its board of managers

UpstreamRE, LLC – the real estate broker-owned and controlled data management company that governs Upstream, a collaborative broker initiative – has appointed Gurtej Sodhi to its board of managers. Upstream is a comprehensive data management project that aims to deliver

5 striking predictions on where housing is heading in 2017

Nearing the end of another year, speculation is now hitting its greatest height for how the next chapter in the housing recovery will take shape. Countless “experts” have offered cursory, drive-by analyses of where the market is heading, but there

Congress fails to renew the Mortgage Debt Forgiveness Act through 2017

The U.S. Congress has adjourned for 2016 without extending the Mortgage Debt Forgiveness Act, which will now expire at the end of the year. Originally passed in 2007, the act has protected underwater homeowners from incurring tax bills on the debt

Trump’s immigration policies may dramatically increase foreclosures

There are about 11 million illegal immigrants in the U.S., eight million of whom are a part of the country’s labor force. Although it’s hard to say where President-elect Donald Trump actually stands on undocumented workers – he has promised to deport all of

How a Trump administration may change the mortgage interest tax deduction

Steven Mnuchin, a former investment banker who is President-elect Donald Trump’s choice for Treasury Secretary, made headlines a couple weeks ago when, in his first official interview as Treasury nominee, he suggested sweeping changes are in store for the country’s tax

Real estate leaders show concern for the 2017 market

We are only a few weeks away from the New Year, and a little over a month away from a new president, but the future of the economy, and housing specifically, has never been more uncertain. At least those

5 things agents should anticipate in the 2017 market

The New Year is nearly upon us, and a number of housing analysts and firms are prepping their end-of-the-year reports. Trulia’s report has, historically, been among the more interesting of that batch, and the website’s 2017 Housing Outlook, which

4 reasons suburban markets are thriving – and will only grow stronger

Over the last 15 years, 91 percent of population growth in the country’s 50 largest and most urban cities took place in the suburbs, according to a joint report from the Urban Land Institute and RCLCO. That’s a stat

A majority of consumers are terrified of the mortgage process

The overwhelming majority (92 percent) of U.S. consumers recognize buying a home as a better financial decision than renting, a national survey from Sente Mortgage confirmed. The problem is that most (70 percent) do not know how or where

Following the election, mortgage rates show no sign of slowing down

Mortgage rates continue to climb after the election, according to new research from Freddie Mac. Three weeks have passed since the Nov. 8 election, and the Primary Mortgage Market Survey from Freddie Mac has shown that mortgage rates continue to rise. The

Tesla’s new solar roof could revolutionize single-family homes

The Web has been abuzz in recent months about Elon Musk’s solar roof, coming by way of Solar City. The plan to replace traditional shingles with high-efficiency solar cells has sustainable building advocates applauding, but it’s left homeowners and

5 apps to help agents create compelling content

Katie Lance, known for her work as a social media and content development consultant, is one of the most recognizable names in real estate. She’s owner of her own company, Katie Lance Consulting; is a regular contributor to Inman

The 3 trends that will define housing’s future

The cliche goes that the devil is in the details, and in no sector of the economy is that adage more appropriate than housing, where many slow moving, nearly imperceptible trends gather momentum outside the mainstream’s gaze – and then 20

The savings gap – why fewer Americans can buy homes

According to the 2016 Profile of Buyers and Sellers from the National Association of Realtors, 61 percent of all homebuyers used their savings to cover their down payment, while among first-time buyers, the share was even higher at 76

7 tech tips for real estate agents from a true expert

Andrew Dorn, a vice president with Move, Inc., spoke at this week’s Xplode real estate technology conference in Chicago, and he showed why he’s one of the company’s most public-facing executives. Here are a few quick tech tips that Dorn shared

The 7 things your buyer clients are looking for in homes

There are many things a homebuyer considers when looking through the stock of available residences. New or used? Single family or condo? Near or far? Helping us sift through those options is NAR’s 2016 Profile of Home Buyers and

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