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Luxury Market Takes Larger Chunk of Sales

The share of home sales in the $200,000-and-below price range is down 9 percent from a year ago, while those above $200,000 have increased 10 percent in the same time period, according...

New-Home Sales Surge to 6-Year High

Sales of new single-family homes soared 18 percent in August, as greater confidence in the recovery swept across the housing industry, despite news that homebuilding tumbled 14...

Freddie: Housing Market Stuck in a Rut

The housing market is struggling to maintain momentum as housing prices moderate and mortgage applications fall, Freddie Mac reports in its latest Multi-Indicator Market Index. In...

NAR to FAA: Lift Ban on Drones

The National Association of REALTORS® sent a letter this week to the Federal Aviation Administration asking the agency to consider permitting the use of drones, or Unmanned Aerial...

The World’s Priciest Place to Live and Work

London is the world’s most expensive city for companies to relocate employees, ending Hong Kong’s five-year streak on top, according to this year’s annual survey by...

Where Buyers Face Steepest Competition

All-cash transactions remain high, but they are showing signs of dropping, which could be good news for traditional home buyers with financing who find they are unable to compete...

Millennials Finally Moving Out on Their Own?

A record number of younger Americans have been living with their parents, which has greatly reduced household formation in recent years. But as the economy improves, more are finally...

Builders Haven’t Felt This Confident Since 2005

Builder confidence in the new-home market rose to its highest reading in nearly 9 years, according to the latest reading from the National Association of Home Builders/Wells Fargo...

Get a Discount on Your Mortgage

Lending giants Bank of America Corp. and Citigroup reportedly will offer mortgages at discounted rates to stir more lending among low-income borrowers and those with subprime credit...

Virtual Tours Are a Slam Dunk for Your Site

Virtual home tours on YouTube drive far more traffic to broker websites than listings on large real estate syndication sites, according to an analysis by real estate marketing firm WAV...