National

Pending Home Sales Strained

April 30th, 2018
Will They Break Through? March’s pending home sales strained, up a paltry 0.4 percent in the National Association of REALTORSR® (NAR) Pending Home Sales Index (PHSI). Two of the major regions in the U.S. experienced higher sales, with the Midwest...

Drought Intensifies for Starter Supply

May 1st, 2018
There is all-but-dried up inventory on the market—and, for buyers at the entry level, any available homes are likely priced out of reach, according to the March Zillow® Real Estate Market Report. “This year’s home-shopping season is shaping up to...

After a Rising Streak, Mortgage Rates Slow

May 5th, 2018
After an April run-up, mortgage rates have slowed, with the average 30-year, fixed rate at 4.55 percent this week, down from 4.58 percent the prior week, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The average 15-year,...

Report Finds Housing Discrimination Still a Challenge

May 6th, 2018
On April 11, 1968, the Fair Housing Act was enacted in order to prohibit discriminatory housing practices against protected classes—race, color, religion, sex, familial status or national origin— and was amended in 1968 to include protections for disabled individuals. In...

Confidence in Housing as an Investment Rises

May 6th, 2018
With appreciation climbing and equity growing, homeownership is the investment to make—and according to new research, Americans believe it is a solid vehicle for wealth. Sixty-five percent of respondents to a survey by the Federal Reserve Bank of New York...

Economy at Milestone Unemployment

May 6th, 2018
April brought the economy 164,000 jobs, and 3.9 percent unemployment—below 4 percent, and the lowest rate in roughly 20 years. Though the additional jobs were less than predicted, the figure is promising, analysts say. “The U.S. labor market continues to...

HQ2 Impact on the Winning City’s Rental Market

May 8th, 2018
The search for HQ2 continues, and Amazon is slowly whittling down its list of top 20 contenders. Visits to the top 20 prospects have been completed, and these cities are eagerly awaiting to hear whether another round of cuts is...

Confidence in Housing at New Peak

May 8th, 2018
Confidence in housing is at a new peak, with enthusiasm among sellers soaring, according to the April Fannie Mae Home Purchase Sentiment Index® (HPSI). At 91.7, the Index plowed through its previous record, climbing 3.4 percentage points month-over-month and five...

See You at the 2018 REALTORS® Legislative Meetings & Trade Expo

May 10th, 2018
If you’re a REALTOR®, the month of May brings one of the most exciting meetings of the year: the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C. For brokers, this major gathering offers many meetings and special events from...

Hawaii’s Kilauea Volcano Claims Homes, Displaces Residents

May 10th, 2018
Following an initial outburst on May 3, the fiery explosions and lava flows of Hawaii’s Kilauea volcano on the Big Island have taken over the small subdivisions of Leilani Estates, made up of 1,700 residents, and the smaller Lanipuna Gardens,...
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