Senate Bill 458 was signed and passed on July 15, 2011 with the intent to provide relief for homeowners and prohibit a deficiency after a “successful short sale.” As I read through the words of …

Recently, I wrote about homeownership being under attack. Since that article, NAR and a broad range of industry partners have taken a multitude of actions to defend the American Dream.
Housing has led the economy out …

(MCT)—The effects of a home foreclosure extend beyond the family losing its property. The costs—emotional and financial—extend to neighbors, communities and others, though estimates vary.
Lender: The Joint Economic Committee of Congress wrote in 2007 that …

Regional Spotlight—Reports from local agents in Andover, Massachusetts indicate that buyers aren’t scouring the market before putting an offer down on a property.
Lisa Johnson Sevajian, vice president of Coldwell Banker Andover, Massachusetts says, “Buyers are …

Mortgage rates posted mixed results this week, but the benchmark conforming 30-year fixed mortgage rate fell to a record low of 4.41 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has …

When people are looking for a new place to live, they usually want to know some key facts beyond cost and number of rooms: Most notably, they are curious about what is in the neighborhood …

Existing-home sales declined in July from an upwardly revised June pace but are notably higher than a year ago, according to the National Association of REALTORS®. Monthly gains in the Northeast and Midwest were offset …

Builder confidence in the market for newly built, single-family homes held unchanged at a low level of 15 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, released recently.
“Builders continue …

Nationwide housing starts edged down 1.5 percent to a seasonally adjusted annual rate of 604,000 units in July, according to figures released by the U.S. Commerce Department. The slight decline comes on the heels of …

By writing down all underwater mortgages to market value, the nation’s banks could pump $71 billion per year into the economy, create more than one million jobs annually and save families $6,500 per year on …