National

Housing Starts Rise in Surprise November

December 19th, 2017
Home-building activity rose in a surprise November, with housing starts up 3.3 percent to a rate of 1,297,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts...

Housing and Tax Reform: Where Could the Impact Land?

January 16th, 2018
Homebuyers and homeowners are anticipating fallout from the Tax Cuts and Jobs Act, which has changed homeownership incentives, including the deductions for mortgage interest and state and local taxes. How deep the effect is hinges on location, according to new...

Existing-Home Sales Skyrocket Toward 11-Year High

December 20th, 2017
Existing-home sales in November skyrocketed to a spree not seen in more than 10 years, the National Association of REALTORS® (NAR) reports. Existing-home sales totaled 5.81 million, a 5.6 percent increase from October and a 3.8 percent increase from one...

Survey Results: What Keeps Brokers Up at Night?

January 15th, 2018
As we begin a new year, what are the most pressing issues on the minds of the nation’s real estate brokers? What are they most looking forward to in the year ahead? What strategies do they have in place to...

Senate Backs Tax Reform, Bill on Trump’s Desk

December 20th, 2017
With less than a week until their Christmas deadline, House Republicans passed the converged Tax Cuts and Jobs Act bill—set to be the first tax overhaul in over 30 years—in a 227-203 vote on Dec. 19. However, the Senate Parliamentarian...

Buying Is Better Financially in More Than Half of Markets: Report

January 15th, 2018
It is more affordable to buy a home than rent one in more than half of markets—but for how long remains uncertain, according to recently released research. In 54 percent of the over 400 counties analyzed by ATTOM Data Solutions,...

Americans ‘Concerned’ About Homeownership in Light of Tax Bill

December 21st, 2017
Americans are concerned about homeownership in response to the Tax Cuts and Jobs Act, according to new realtor.com® research. The legislation, awaiting President Trump’s signature (at press time), passed on Wednesday this week. More than one-third (36.2 percent) of respondents...

Builder Confidence Going Strong

January 18th, 2018
Home builder confidence in the new, single-family construction market is going strong, despite dialing back in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading for January was 72, just two points under...

Inventory at Lowest Since 2013

December 21st, 2017
Housing inventory is shrinking, still, according to the recently released Trulia Inventory and Price Watch for the fourth quarter of 2017. Across the board, in the premium, starter and trade-up tiers, inventory has tumbled 10.5 percent year-over-year—the most considerable drop-off...

Housing Starts Trip Up

January 18th, 2018
But Could ‘Easily’ Exceed 1.3 Million This Year Home-building activity stumbled in December, with housing starts down 8.2 percent to a rate of 1,192,000, according to the latest data from U.S. Census Bureau and the Department of Housing and Urban...
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