National News
Ten-X has released its latest Ten-X Residential Real Estate Nowcast, which projects continued growth in existing-home sales for May. According to the Nowcast, May existing-home sales will fall between seasonally adjusted annual rates of 5.47 and 5.83 million, with
Every year, the National Association of Realtors holds a number of events aimed at elevating its membership by introducing them to the cutting edge of the industry – the latest strategies, the trends and the technologies. But this year,
Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to new analysis from NAR. The Pending Home Sales Index, a forward-looking indicator based on contract signings, hiked
By this time next year, the United States will have a new president – either Bernie Sanders, Hillary Clinton or Donald Trump (though, at this point, one of the latter two seems most likely). It will be from the
Loans closed faster in April than in any time over the last 12 months (excluding last month), Ellie Mae’s new Origination Insights Report confirmed. Questions about the true impact of TRID are likely to follow. In the wake of TRID’s
Sixteen percent of agents have at least one personal assistant. The median age of new Realtors is 43 years old. And 83 percent are very certain they will remain active as real estate professionals for another two years. Those
Single-family homebuilding is showing encouraging strength in 2016, according to new numbers from the U.S. Census Bureau. Through April, single-family authorizations were at a rate of 736,000, which is 3.3 percent above the revised March rate of 725,000. Monthly new
Today, the National Association of Realtors board of directors approved revisions to its Handbook on Multiple Listing Policy that will henceforth require all members have the rights to any listing content entered into the MLS. In response to a
Builder confidence in the market for newly-built single-family homes remained unchanged in May at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Ed Brady, the NAHB’s chairman, explained in the association’s report
Millennials may be America’s largest, most vivacious generation yet, but new research suggests that their homebuying prospects have only worsened with time. According to a new analysis from Zillow, more Millennials now live with their parents than at anytime
We know, we know – private mortgage insurance (PMI for short) is one of the more profoundly unsexy topics in real estate, and offers little of the glitz and glamor of staging, showing and negotiating. But it is a
As we discussed in a recent article, making the decision to fire a client is a nuanced process. That is doubly true when you move to execute that decision. Doing the actual firing may seem like the simpler part of the
The National Association of Realtors is no stranger to advertising and unorthodox marketing methods, but the trade group took things one step further last week with perhaps America’s most famous Realtor – Phil Dunphy of ABC’s “Modern Family.” In
In June of last year, the U.S. Supreme Court saved the Fair Housing Act from being gutted, ruling that intention was a non-factor in disparate impact cases. Late last month, a Washington, D.C. district court handed a knife to
In an April 28 letter to mortgage associations and professionals across the U.S., Consumer Financial Protection Bureau Director Richard Cordray acknowledged their concerns, and hinted at what could be a rewriting of the rule. In November of last year,
It’s now official – according to population estimates from the Census Bureau that Pew Research has compiled, Millennials are now the largest generation in the U.S. Millennials now number 75.4 million, overtaking the Baby Boomer generation’s 74.9 million; Millennials