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Decline in Foreclosures Reaches ‘Important Milestone’

Foreclosure activity in June was down 16 percent from a year prior, marking the lowest level since July 2006 — before the housing bubble burst — according to RealtyTrac’s...

REALTOR® Confidence Mostly Flat in May

Low housing supply relative to buyer demand, tougher lending standards, and lackluster growth in income and savings continued to constrain home sales last month in several markets,...

REALTORS® See Growing Incomes for Third Year in a Row

With a rise in sales and home prices, REALTORS® are seeing a boost to their incomes. The median gross income of a REALTOR® rose 9.6 percent in 2013, averaging $47,700 in 2013...

Mortgage Applications Rise 0.9% in Latest Week

For the third consecutive week, mortgage applications rose as interest rates dropped, the Mortgage Bankers Association reported Wednesday. Mortgage applications, reflecting those for...

NAR Backs Changes in Foreign Investment Taxation

Legislation to amend the Foreign Investment in Real Property Tax Act (FIRPTA), which was enacted in 1980 with the aim of establishing equity in the tax treatment of domestic and...

Housing Markets Improve in Majority of States

More than half of U.S. states — as well as more than half of the top 50 metros in the country — saw their housing markets improve in February, according to Freddie Mac’s...

New-Home Construction Ramps Up in Midwest, Northeast

Groundbreaking on new single-family homes posted a 6 percent rise in March, showing a gradual strengthening in the sector — particularly in the Northeast and Midwest — according to...

Report: A Third of Home Owners in Foreclosure Have Equity

More home owners in the foreclosure process are finding that their home may no longer be underwater, according to a new report by RealtyTrac. “Because of rising home prices, many of...

Google Invests $50 Million in Auction.com

Google is taking a bigger stake in real estate with a $50 million investment in Auction.com, an online real estate site. Google Capital, which is the venture capital arm of Google,...

A Bump in the Road for Apartments?

The national vacancy rate for multifamily properties at the end of 2013 was at 4.1 percent, a drop of 50 basis points compared to 2012, Reis Inc. reports. “While that represents one...