Trending Thursday: Housing, mortgage finance getting a break from Washington?

Trending Thursday: Housing, mortgage finance getting a break from Washington?

Plus untying Fannie, Freddie and the whole Gordian knot of conservatorship

Existing home sales crater in April, falling 3.3%

Spring buying stalls out after strong March performance

It's official: NYDFS Superintendent Ben Lawsky stepping down

4 years as leader of “long reach” New York financial regulator
W S

Items Tagged with 'National Association of Realtors'

ARTICLES

NAR: 5 most and least expensive housing metros in 2015

California takes over most expensive list
Brena Swanson
This year started off with higher sales activity as steady hiring and low interest rates encouraged more buyers to enter the market. Here’s a list of the top five most expensive metros, along with the nation's least expensive metros.
Read More

Pending home sales continue upward trajectory in March

Rise for three straight months
Brena Swanson
Once again, pending homes sales increased, staying at their highest level since June 2013. While demand appears to be increasing, the market is still suffering from a shortage of inventory.
Read More

Will former risky borrowers ever get back into homeownership?

Sterne Agee: Odds aren't in their favor
Brena Swanson
“Not only do owners of formerly distressed homes have damaged credit for an extended time, but to purchase again, mortgages must now be obtained amidst an abundance of new, more stringent credit restrictions,” said Piegza.
Read More

How much does a Realtor spend on technology?

The price tag to stay competitive
Brena Swanson
Spring is the busy season for Realtors across the nation. So how much does the average Realtor spend on technology in order to stay competitive in this tight real estate market?
Read More

Existing home sales explode as spring homebuying season officially arrives

Surges to highest level in 18 months
Brena Swanson
Spring has indeed come in like a lion. In what should come as welcome news at a critical time of year, existing home sales exploded in March, hitting the highest level in 18 months.
Read More

Move: Anonymous whistleblower appears to confirm fears of data theft by Zillow

New court filing alleges rampant misappropriation of trade secrets
Ben Lane
Move and the National Association of Realtors appear to have just dropped a bomb on Zillow, saying in a court filing that it received a letter from an anonymous whistleblower who "appears to confirm" their belief that Errol Samuelson, now the chief industry development officer for Zillow, stole “multiple documents and entire databases” when he worked at Move, and that Zillow is using the stolen information, and is hiding evidence on non-Zillow electronic services.
Read More

D-Day arrives for Zillow and ListHub

ListHub-provided real estate listings disappearing from Zillow and Trulia
Ben Lane
After battling it out in the public, in the press and in the courts for months, the tumultuous relationship between the Zillow Group and Move is mere hours or perhaps even minutes from being over. Online real estate’s D-Day is finally here.
Read More
From HW Magazine

TILA-RESPA: Tick, tick, boom

As the clock counts down to TILA-RESPA implementation, title, closing and settlement services step into the line of fire
Sarah Wheeler
“We fear many lenders and title agents have been preconditioned by history to believe these changes are simply form changes, will be reversed, or the date will be moved — let alone implement an actual solution,” said Mark McElroy, president and CEO of Pavaso.
Read More

Pending home sales surge again in February

Good news for the spring homebuying season
Brena Swanson
Good news for the industry, especially given that 2015 is off to a bad start for housing in terms of housing starts, completions and permits. Pending home sales in February surged to their highest level since June 2013, continuing the record high set last month.
Read More

This graphic sums up February’s tepid existing home sales

Behind the 1.2% uptick
Brena Swanson
Monday’s existing-home sales report from the National Association of Realtors didn’t show too much improvement from January’s giant fall. This chart shows just how minuscule the change is.
Read More