Daily Real Estate News

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Updated: 3 weeks 6 days ago

Ready for Your Open House? Nationwide Event Starts April 28

April 19, 2012 - 11:00pm

The REALTOR® Nationwide Open House event takes place April 28 and 29, and real estate professionals are preparing to open the doors to buyers and sellers across the country with thousands of open houses. 

Categories: Real Estate

Short Sales to Reach Record Numbers This Year?

April 19, 2012 - 11:00pm

"We believe 2012 could be a record year for short sales," says a vice president of RealtyTrac.

Categories: Real Estate

Having Good Schools Nearby Improves Home Values

April 19, 2012 - 11:00pm

Living near the best public schools can bump up your home values. A new study from Brookings Institution finds how much of an impact it can have.

Categories: Real Estate

Real Estate Agent Among Best Business Jobs

April 19, 2012 - 11:00pm

Real estate agents earned a place on U.S. News and World Report's recent compilation of the best business jobs, alongside such other professions as human resources specialists and meeting, convention, and event planners.

Categories: Real Estate

Mortgage Rates Inch Up for the Week

April 19, 2012 - 11:00pm

After reaching or hovering near all-time lows last week, fixed-rate mortgages edged up slightly. 

Categories: Real Estate

Philadelphia Plans Publicly Funded Gay-Friendly Housing

April 19, 2012 - 11:00pm

A gay-friendly affordable housing development is scheduled to break ground in the fall in Philadelphia, noted as the first of its kind to be financed completely with public money.

Categories: Real Estate

February Existing-Home Sales Slip But Up Strongly From a Year Ago

March 20, 2012 - 11:00pm

While February existing-home sales dipped slightly from January, many other indicators rose, pointing to strong fundamentals.

Categories: Real Estate

FHFA to States: Stop the Roadblocks, Speed Up Foreclosures

March 20, 2012 - 11:00pm

"Simply permitting home owners to stay in their homes for five or six hundred days or longer while not paying their mortgages, costs neighborhoods, costs lenders and, ultimately, costs taxpayers and future borrowers," testified an FHFA  spokesman at a House panel this week.

Categories: Real Estate

10 States With Highest Foreclosure Rates in February

March 20, 2012 - 11:00pm

Foreclosures continue to weigh on several real estate markets, despite drops over the last few months in foreclosure filings in some of these hard-hit states. 

Categories: Real Estate

Large Banks Chip Away at Commercial Real Estate Debt

March 20, 2012 - 11:00pm

Banks have been making big strides in getting sour commercial real estate loans off their books, and are even starting to increase their lending in the sector.

Categories: Real Estate

Oprah Sells Penthouse in Less Than a Week

March 20, 2012 - 11:00pm

Oprah has been known to have the magic touch in getting products sold, and apparently that extends to real estate too.

Categories: Real Estate

Free Mobile Apps May be Draining Your Battery

March 20, 2012 - 11:00pm

Does a quickly draining phone battery keep getting the best of you while on the job? The free mobile apps you use may be to blame, according to a new study. 

Categories: Real Estate

Short Sales Rise, More Banks View it as a Better Option

March 1, 2012 - 12:00am

Expect more lenders to agree to short sales this year as it increasingly becomes banks' prefered method for handling properties in default, rather than letting the homes fall into foreclosure.

Categories: Real Estate

Bernanke: Economy Improves, Threats Loom

March 1, 2012 - 12:00am

Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday that the economy is improving, and the Fed plans to carry on with its policy of holding key interest rates low -- at least for now.

Categories: Real Estate

Fannie Needs $4.6 Billion More in Bailout Money

March 1, 2012 - 12:00am

After posting steep fourth quarter losses, and depending on how a disagreement with Bank of America plays out, the government-sponsored enterprise says it may need more federal aid. 

Categories: Real Estate

Florida Lawmakers Seek to Speed Up Foreclosures

March 1, 2012 - 12:00am

The state has been bogged down by a backlog of foreclosures stuck in its court system, but a new bill hopes to change that. 

Categories: Real Estate

Mortgage Applications for Purchases Jump 8%

March 1, 2012 - 12:00am

With mortgage rates continuing to hover around all-time lows, mortgage applications for purchases soared more than 8 percent last week, while applications for refinancing dropped 2.2 percent during the same period. 

Categories: Real Estate

4 Tips for Working with Foreign Buyers

March 1, 2012 - 12:00am

Sales to international investors represent a huge opportunity for real estate practitioners in the U.S., where domestic purchases have slumped due to tight lending conditions. 

Categories: Real Estate