Recent Real Estate News
HUD Secretary Carson visits Columbus, Ohio
HUD Secretary Ben Carson is embarking on the latest stop for his national listening tour – Columbus, Ohio. Carson will spend Wednesday, Thursday and Friday listening to various organizations from the community. Here’s more on the secretary’s tour, and his schedule this week.Experts: Spring home-buying season starts off with a bang
The spring home-buying season is in full swing, and experts are talking about the fierce competition, rising home prices and low inventory levels in the housing market. Business is booming, but first-time homebuyers are facing major headwinds.How will America's lumber fight with Canada impact homebuilders?
The lumber war between the U.S. and Canada goes way beyond the new tariff on lumber that U.S. Commerce Secretary Wilbur Ross announced on Monday. And what is the main industry using lumber from Canada? Homebuilders. Here’s how it looks broken down to dollars and cents.Consumer confidence slips lower in April
Consumer confidence slipped in April as Americans waivered in their future expectations. The Conference Board by Nielsen explains less consumers are saying business conditions are good and more expected the number of jobs on the market to drop in the coming months.New home sales soar above market expectations
New home sales surged in March with double digit increases from last year and even significant progress from February. The numbers beat the market’s expectations, and one expert points out the spring home-buying season is already off to a busy start.FHFA: Home prices jump 6.4% annually in February
Home prices increased in February, as several reports already showed. The latest report, put out by the Federal Housing Finance Agency, uses home sales price information from mortgages sold to, or guaranteed by the GSEs, and therefore excludes cash sales and jumbo loans.Case-Shiller: Home prices hit fourth consecutive all-time high
Home prices increased to a new high for the fourth consecutive month, according to the Case-Shiller index. S&P Dow Jones Indices’ chairman explains the state of the housing market, and how rising home prices fall in line with the nation’s home sales, housing inventory and other factors.First American: Home affordability slips in February
As home prices reached all new peaks and interest rates remain above levels seen last year, affordability decreased in February. Unlike home prices, affordability remains well below its pre-crisis peak and even historical norms.RE/MAX and HouseCanary collaborate to provide agents with real estate data
RE/MAX and HouseCanary announced a collaboration to provide agents with exclusive data. HouseCanary is a real estate analytics company that provides values and forecasts for more than 18,000 U.S. residential markets and 100 million properties. Want to know what a home will be worth in two years? RE/MAX agents now know.[Charts] Black Knight: Home prices hit new peak in February
Black Knight released a new report showing home prices increased in February to a new peak. Some states increased to a peak, however others remain a full 20% before previous peaks. The report breaks down the top metros with home price increases and those with the greatest drops.