News

Articles in "Real Estate"

February 18, 2013 01:14 PM
Freddie Mac: Multifamily affordability is now a key focus

Renters in multifamily apartments of five or more units currently account for 15 million U.S. households and that figure is expected to rise even more as demographics and housing preferences shift, a Fannie Mae executive said. 

Various factors are driving the increase in rental...

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February 18, 2013 11:57 AM
Rosengren: Housing recovery dependant on Fed intervention

Federal Reserve Bank of Boston CEO and President Eric Rosengren remains committed to the Fed's aggressive fiscal policies even as other Fed bank leaders continue to cast some doubt on the long-term benefits and risks of quantitative easing.

Rosengren recently discussed...

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February 18, 2013 08:49 AM
Road ahead for home prices remains uncertain

Despite concerns that the housing recovery is investor-fueled and unsustainable, Capital Economics is confident that market fundamentals are reflective of a long-term, sustainable recovery. At least, that is the research firm's forecast for some states.

...

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February 15, 2013 12:37 PM
Housing recovery momentum continues to build

Momentum continued to grow in a snowball effect manner, with prices rising to a two-year high in December, according to the latest FNC report.

Battling a deceleration in economic growth, the housing recovery maintained a steady pace,...

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February 15, 2013 12:08 PM
Housing recovery momentum continues to build

Momentum continued to grow in a snowball effect manner, with prices rising to a two-year high in December, according to the latest FNC report.

Battling a deceleration in economic growth, the housing recovery maintained a steady pace,...

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February 14, 2013 03:50 PM
Freddie Mac outlook: Housing activity remains stale

Despite strong signs of recovery, the level of housing activity remains near historic lows, according to the February housing outlook by Freddie Mac.

Reports of low home prices, low mortgage rates and modestly rising income indicate that...

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February 14, 2013 02:12 PM
Donovan: Sequestration could devastate Fed housing programs

Automatic government spending cuts could result in 75,000 fewer households receiving foreclosure-prevention aid along with rental and counseling services through the Department of Housing and Urban Development.

Shaun Donovan, HUD Secretary, sent that warning to lawmakers...

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February 13, 2013 05:21 PM
Improving housing industry lifts Zillow's revenue

Online real estate database Zillow Inc. reported a solid fourth quarter as well as overall sturdy earnings for 2012 as the housing market continues its upward trend.

Zillow ($58.46...

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February 12, 2013 05:30 PM
2012 marks milestone year for Trulia

Online real estate marketplace giant Trulia posted a record fourth-quarter revenue of $20.6 million, up 75% year-over-year, according to the company’s quarterly and yearly report. 

Additionally, marketplace revenue in 4Q12 rose 90% year-over-year to $13.9 million and...

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February 12, 2013 12:59 PM
Job growth in housing lingers near post-bubble lows

Housing activity as a whole showed strong signs of improvement in 2012. However, employment within the industry remained close to post-bubble lows, according to a research report from Goldman Sachs.

Residential investment-related jobs are totaling about 2.6 million,...

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February 12, 2013 12:35 PM
Job growth in housing lingers near post-bubble lows

Housing activity as a whole showed strong signs of improvement in 2012. However, employment within the industry remained close to post-bubble lows, according to a research report from Goldman Sachs.

Residential investment-related jobs are totaling about 2.6 million,...

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February 12, 2013 10:14 AM
Detroit housing market shows signs of hope

It looks like 2013 may be a better year for the Detroit housing market. In the first month of the year, all multiple-listing service sales rose by 9.4% from a year earlier, according to data from Realcomp.

This stands out in a market that...

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February 12, 2013 08:11 AM
Detroit housing market shows signs of hope

It looks like 2013 may be a better year for the Detroit housing market. In the first month of the year, all multiple-listing service sales rose by 9.4% from a year earlier, according to data from Realcomp.

This stands out in a market that...

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February 11, 2013 04:59 PM
Yellen: Housing stakes a minor role in post-recession recovery

Economic recoveries are generally lifted by new housing consumption, but the post-2008 recession failed to gain significant tailwinds from housing, Federal Reserve Vice Chairman Janet Yellen said Monday.

In fact, housing overall became much less of a stimulus in the years following the...

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February 11, 2013 10:32 AM
Pent-up demand fuels home sales: NAR

The national median home price saw the strongest year-over-year increase in seven years as a growing number of metropolitan areas posted higher median values in the fourth quarter of 2012, the National Association of Realtors said.

Favorable affordability conditions,...

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