House Republicans Pass Tax Bill, Real Estate Industry Continues Fight for Homeowners

After much conversation revolving around tax policy, and anticipation from the Republican Party to successfully pass tax legislation by end of year, House Republicans passed their controversial tax overhaul plan in a successful 227-205 vote. President Donald Trump visited Capitol Hill on the morning of the announcement to promote the legislation. The Senate will still […]

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Appraisals Better Match Owner Perceptions

Appraisals better matched owner perceptions in October, coming in only 0.99 percent lower than expected, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 4.76 percent year-over-year. A summary of the HPPI: Owner’s estimates of their home’s value rose […]

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Report: American Dream Incomplete Without Homeownership, Parties Say

In the country’s currently divisive environment, Democrats and Republicans agree on at least one American hallmark: homeownership. Approximately 65 percent of Democrats and roughly 68 percent of Republicans surveyed for the Zillow® Housing Aspirations Report believe the American Dream is not complete without homeownership. According to the report, both parties believe homeownership is ideal for […]

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Home Prices Rapidly Rise: Is History Repeating Itself?

‘Rapid Price Increases Will Not Last Forever’ The current growth in home prices is echoing the lead-up to the recession. Is history repeating itself? The answer is likely not, according to a recently released realtor.com® report. Building is lacking in many markets—one hallmark 10 years ago was over-construction—and credit standards are more stringent, says Danielle […]

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Appealing to Investors: ‘Emerging’ Markets Show Strength

Housing markets in the three largest metropolitan areas—Chicago, Los Angeles and New York—have always attracted capital, eagerly handed over by investors recognizing profit potential, safety and security. Now, according to new research, other major metro areas are diverting the flow, drawing increased investment in real estate. The common denominator? Economies flourishing with jobs and skilled […]

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Commercial Real Estate Outlook Remains Strong, Prices at a Standstill

Commercial prices will plateau and may fall in large markets, but secondary markets will experience sustained demand and stable real estate prices, according to Lawrence Yun, National Association of REALTORS® (NAR) chief economist. During a commercial real estate forecast session at the 2017 REALTORS® Conference & Expo, Yun and JLL Chief Economist Ryan Severino both expressed […]

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Confidence in Housing Slips as Year Winds Down

Confidence in housing slipped from an all-time high in October in the Fannie Mae Home Purchase Sentiment Index® (HPSI), thanks to less optimism from both homebuyers and sellers—a sentiment somewhat typical for this time of year. The HPSI overall posted 85.2 in October, 3.1 percentage points lower than the month prior. “The modest decrease in […]

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Emerging Trends: Women Entrepreneurs and Single Women

With new trends developing at a rapid pace, driven by housing’s changing landscape and the prevalence of technology, it’s essential to know what lies on the horizon. Two of the most important and fastest-growing markets today are women entrepreneurs and single women. Women Entrepreneurs According to Ernst & Young (EY), women are starting businesses at […]

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California’s Fire Siege Leaves Neighborhoods in Ruins

It has taken weeks to tackle the most deadly and destructive wildfires in California history, a series of fiery eruptions now being called the October Fire Siege. Since the first outbreak on Oct. 8, Northern California has seen a total of 250 fires that burned over 245,000 acres and destroyed 8,900 structures. Forty-three deaths have […]

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Home Prices Keep Rolling, up 5.3 Percent in Q3

Home prices keep rolling, up 5.3 percent in third quarter of 2017, according to the latest quarterly report by the National Association of REALTORS® (NAR). “The stock market’s climb to new record highs, the continued stretch of outstanding job growth and mortgage rates under 4 percent kept homebuyer demand at a very robust level throughout […]

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