Builder confidence for newly-built single family homes is rising due to falling mortgages, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The HMI rose two points in January to 58 on an index… Continue reading
A typical U.S. family in November had more difficulty purchasing an existing family home at the national median price than one year ago, according to NAR. Continue reading
Axel Springer, the $6 billion European media house, is going “all in” with online hybrid agents, through its investments in Purplebricks and Homeday. It’s making a calculated bet that competing with its real estate agency customers is the best long-ter… Continue reading
Federal workers either not being paid or currently furloughed as a result of the government shutdown are estimated to owe approximately $438 million in mortgage and rent payments this month. Continue reading
Lovell Minnick Partners announced Tuesday it had completed its acquisition of Attom Data Solutions, the real estate data and analytics company. Continue reading
Zillow quietly removed language from the contract of its newest lead generation tool after Realtors complained and wondered if the contract’s requirements would have them violate the Code of Ethics and Standards of Practice of the National Association … Continue reading
The housing market ended 2018 on a low note, with listing inventory up five percent nationwide and by as much as 10 percent in the nation’s largest metros. Continue reading
It’s the first time the median numbers in Manhattan have fallen below $1 million in three years, according to Douglas Elliman’s fourth-quarter market report for Manhattan. The median condo or co-op sold for $999,000, 10.6 percent lower than last quarte… Continue reading
The National Association of Realtors’ Pending Homes Sales Index fell 7.7 percent year-over-year in November, marking the 11th straight month of annual decreases. Continue reading
While still not likely to relieve buyers, the 5.5 percent annual growth was the same as in September, and down from 5.7 percent in August. Continue reading