Fannie Mae and Freddie Mac will begin winding down, with a new company taking their place. That’s the plan unveiled by the acting director of the Federal Housing Finance Administration — the agency that has overseen Fannie and Freddie … [Read more...]
Diffusion Index of Foot Traffic: February 2013
Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three … [Read more...]
Are Young Adults Buying Homes Again?
Sales of residential properties are back to the highs experienced at the expiration of the Home Buyers Tax Credit in April 2010. One of the reasons for this surge in purchasing is that young adults may again be entering the market. Over the last few … [Read more...]
DPOR’s new system is up and running
About 10 days ago we told you about how the installation of DPOR’s new computer system was going to put license-processing on hold for a week or so. Well, it’s done. The new database is up and running, although it could take a few weeks … [Read more...]
Effects of sequester will take time — and could be big or small
Although the government’s across-the-board budget cuts (aka “the sequester”) officially went into effect March 1, most of the effects won’t be seen for a while. It’s the government, after all, and like any monstrous … [Read more...]
International Buyers: A Significant Part of Real Estate Sales
NAR has estimated residential sales to foreign buyers at $ 82.5Billion for the 12 months ended March 2012, approximately 8.8 percent of the total residential market by dollar volume … [Read more...]
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