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Home Sales Are Rising Despite Supply Woes
51 million. However, sales remain 0.9 percent below a year ago, NAR reports. Continual supply shortages have led to fewer closings on an annual basis for the second consecutive month. “Job......

How FCC Plan to End Net Neutrality Hurts You
realtor/net-neutrality for information about what the rules mean to your business. Read NAR’s argument to the FCC in support of net neutrality rules. “We are looking carefully at the FCC......

REALTORS® Confidence Index Survey: October 2017 Highlights
2017 survey was sent to 50,000 REALTORS® who were selected from NAR’s nearly 1.2 million members through simple random sampling and to 5,520 respondents in the previous three surveys who provided......

Sales of Previously Owned Homes Rise as Storm Impact Fades
a year earlier, while Miami is still showing some softness, according to NAR. As in the past, economic activity, including in the housing industry, typically bounces back after major storms as......

'Fixer Upper' effect: Waco's economy benefits from Chip and Joanna Gaines lifestyle empire
"Magnolia effect" — the force that has filled hotels, roiled the local housing market and fueled a downtown development frenzy — just a bubble? As you might expect, local tourism and economic......

Bump in interest income makes up for slower asset growth: FDIC
and competitive lending conditions continue to pose challenges for many institutions,” said FDIC Chairman Martin Gruenberg. “In addition, with the economy in the ninth year of an expansion that......

Foreclosure threat in Manatee-Sarasota continues to ease
a decade, signaling the final stages of recovery in the U.S. housing market," CoreLogic president at CEO Frank Martell said in the report. "As the construction and mortgage industries move......

October home sales up in Cleveland area
October home sales bested last year's levels, and sale prices continued to rise across Northeast Ohio as buyers sparred over a relatively meager pool of properties. Across 18 counties, sales......

HFF Arranges $663M in Financings Secured by 16 Properties in NY/NJ
Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. In August 2017, Steve was named Philadelphia/South Jersey regional......

MCS to acquire Carrington property preservation division
and integrity. In October of last year, MCS announced its acquisition of title insurance and settlement services provider Lenders Title Solutions . It also acquired multiple business units......

Once-Hot Apartment Construction Cooling as Housing Engine
Faster apartment building was instrumental in pulling the U.S. housing market out of its slump a decade ago. Now, that engine is starting to throttle back. A softening in the multifamily segment......

Default servicers investing in REO home improvements
The hot housing market is spurring spending on REO improvements, according to Altisource Portfolio Solutions' latest release of data from a default servicing survey conducted earlier this year......

Southern California house prices shoot up in October
market slowing as eroding affordability and persistently low housing inventory cut into home sales," CAR 2018 president Steve White said in a statement. "Moreover, the looming tax reform bill......

To buy a house, millennials digging deep into family's pockets
Based on anecdotal reports from agents, Schneider estimated that nearly 10% of home sales use some kind of family financing or gifts and that could grow if the housing market stays hot. That......