News | RISMedia

    Entry-Level Home Prices Continue to Climb
    The bottom third of the housing market has grown increasingly competitive, with fewer price cuts on listed homes and faster growing home values than more expensive homes, according to the May Zillow®Real Estate Market Reports. Home values for the most expensive homes on the market, which at one point in February 2014 were growing at an average […]

    Spotlight: Reinventing the Mortgage Process
    As many buyers, sellers and agents know, the mortgage process can be a tricky aspect within any real estate transaction. But with Quicken Loans, securing a mortgage is now easier than ever before. Real estate agents around the nation are feeling the relief thanks to Quicken Loans? VIP Agent Team. There to help every step […]

    Is this the New Normal for Real Estate Financing?
    Housing may be back to pre-crisis levels, but mortgage lending can?t claim the same. There are many indicators that the housing market has at last returned to ?normal.? Foreclosure filings are down to 2006 levels, according to RealtyTrac data, and home prices are showing consistent appreciation. In fact, according to the National Association of REALTORS® […]

    U.S. Markets Drop Sharply after ?Brexit? Vote, Feds Prepared to Provide Dollar Liquidity
    (TNS)?Major U.S. stock indexes plunged Friday morning following a large-scale global selloff overnight in the wake of Britain?s vote to leave the European Union. The Dow Jones industrial index plummeted 500 points, or about 3 percent, in early trading. The broader Standard & Poors 500 index and the technology heavy Nasdaq composite also were down […]

    18 Percent of Housing Markets Less Affordable Than Ever
    Eighteen percent of U.S. county housing markets were less affordable than their historically normal levels in Q2 2016, up from 5 percent of markets in the previous quarter but down from 20 percent of markets exceeding historically normal home affordability levels a year ago. This data comes from a new RealtyTrac® Q2 2016 Home Affordability […]

    James Taylor?s Childhood Home Hits Auction
    Fans of famed troubadour James Taylor, rejoice. You can now live in the star’s childhood home. Well, if you win it at auction, that is. The sweet North Carolina spot is currently on the market, with bids due by 3 p.m. on June 29. With a sleek, modern look, the home and guest house?built in […]

    Portal Report: Hottest June Market in 10 Years
    Following the strongest spring in a decade, the residential real estate market has kicked off the summer with the hottest June in just as long, according to new data on inventory and demand on®.  Homes for sale in June are moving two percent more quickly than last year as prices continue to hit new record […]

    New Home Sales Drop 6 Percent, Report Says
    A recently released New Home Sales Report for May reported sales of newly built homes dipped 6 percent from the level in April, but rose 8.7 percent since May 2015. The report, a joint release by the Census Bureau and the Department of Housing and Urban Development shows new single-family sales dropping after reaching a […]

    Existing-Home Sales Reach Highest Pace in Over Nine Years
    Existing-home sales sprang ahead in May to their highest pace in almost a decade, while the uptick in demand this spring amidst lagging supply levels pushed the median sales price to an all-time high, according to the National Association of REALTORS®. All major regions except for the Midwest saw strong sales increases last month. Total […]

    Brand Report: Homebuyer Demand Moves Market Higher
    As homebuyer demand continues, May saw a 10.3 percent jump in sales over April and a 5.1 percent increase over May last year, which is slightly higher than the average year-over-year sales increase of 4.5 percent so far in 2016. According to the recently released June 2016 RE/MAX National Housing Report, the Median Sales Price […]