REALTOR® Magazine is the official magazine of the NATIONAL ASSOCIATION OF REALTORS® and the business tool for real estate professionals. The magazine advances real estate best practices, brings expert insight to significant trends, and provides REALTORS® with timely decision-making tools on business purchases and strategies.
"Consumers are back, pent-up demand is emerging, there is a growing need for new construction, distressed sales are diminishing, and builders see it,” said the National Association of Home Builders' chief economist during the International Builder Show this week.
Mortgage rates continued to inch down this week as the 30-year fixed-rate mortgage averaged 4.23 percent, Freddie Mac reports.
All-cash purchases are making up a bigger bulk of home sales, with one-third of REALTORS® saying they had at least one cash deal in December, according to a recent survey.
Those who have undergone a previous short sale need to pay careful attention to their credit report to make sure it was reported accurately by the lender, especially if they want to apply for a new mortgage anytime soon.
More housing markets are returning to their pre-recession levels, a new housing index shows. Find out which metros top the list.
The Feb. 28 deadline to apply for the Volunteering Works program is fast approaching.
Facebook is promising a newly-focused user experience with its new reader app. Will it be a boon for businesses too?
Overall, suspicious activity in lending is down, but mortgage fraud remains particularly problematic in these states.
The Consumer Financial Protection Bureau is making it easier to view information the government collects on home mortgages and access to credit, while the agency mulls requiring more data from lenders.
The mortgage giant asks why more home owners haven't taken advantage of lower interest rates by refinancing.
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