Posts filtered by tags: Real Estate News[x]


 

New Report from Insurance.com Names the Most and Least Costly ZIP Codes for Home Insurance

Foster City, CA – April 6, 2020 (PRNewswire) The highest homeowners’ insurance rates in the nation belong to ZIP code 33070, home to Islamorada Village of Islands, on Plantation Key in Florida, according to Insurance.com’s analysis of average rates for nearly every ZIP code in the country. ZIP codes in Louise, Texas and Mobile, Alabama rank second and third, respectively, according to Insurance.com, an independent consumer guide to insurance. Homeowners can enter a ZIP code in Insu...
Tags: Florida, Insurance, Costs, Radio, Mobile Alabama, Real Estate News, Hawaii Honolulu, Islamorada Village of Islands, Home Owners, Alabama Mobile, Louise Texas, Michelle Megna, Florida Islamorada Village of Islands, Texas Louise, Oklahoma Cashion, Kansas Quinter


Senior Housing Wealth Reaches Record $7.23 Trillion

NRMLA/RiskSpan Reverse Mortgage Market Index Hits All-Time High of 260.52 Washington, D.C. – April 2, 2020 (PRNewswire) Homeowners 62 and older saw their housing wealth grow by 0.5 percent or $39 billion in the fourth quarter to a record $7.23 trillion from Q3 2019, the National Reverse Mortgage Lenders Association reported today in its quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index. (PRNewsfoto/National Reverse Mortgage Lende) The RMMI rose in Q4 2019 to 260.52,...
Tags: Real Estate, News, Washington, Radio, United States, Seniors, FHA, Steve Irwin, National Reverse Mortgage Lenders Association, Real Estate News, NRMLA, RiskSpan Inc, Darryl Hicks


PAR Files Brief Supporting Lawsuit to Request Governor Designate Real Estate as a Life-Sustaining Business

LEMOYNE, Pa., April 3, 2020 (PRNewswire) The Pennsylvania Association of Realtors® has filed an amicus brief supporting a lawsuit filed against Gov. Tom Wolf today. The lawsuit is on behalf of several businesses, which have been impacted by the arbitrary and unclear rules under the governor’s closure order issued last month in response to the coronavirus. “PAR is specifically requesting that the governor designate real estate services as a life-sustaining business, as most other state...
Tags: News, Cdc, Radio, Pennsylvania, Tom Wolf, McGee, Real Estate News, Pennsylvania Association of Realtors, Par, Hank Lerner, Bill Festa Mike McGee


NAR Offers Members TeleHealthSM to Realtors® at No Cost in Response to COVID-19 Crisis

Group will fund two months of telemedicine for members who lack access to serviceChicago, IL – April 1, 2020 (nar.realtor) The National Association of Realtors® announced Wednesday that it will be expanding access to Members TeleHealthSM at no cost to its members for those who register before April 15. The program comes as part of NAR’s larger “Right Tools, Right Now” initiative – relaunched on March 27 – which is making numerous valuable resources available to the association’s 1.4 million memb...
Tags: Real Estate, News, America, San Francisco, Chicago, Radio, NAR, National Association of Realtors, Real Estate News, National Association of Realtors ®, Bob Goldberg, Vince Malta, Malta Co Inc, The National Association of Realtors ®


March Housing Trends Provide First Glimpse of COVID-19 Impact on U.S. Housing Market

– Signs of softening price growth and slower buyer activity began to emerge in last two weeks of March despite an overall decrease in inventory, higher listing prices and fewer days on market – Nationally, the number of homes for sale declined 15.7 percent year-over-year – National median listing price grew 3.8 percent to $320,000 – Homes sold in a median of 60 days across the U.S., four days faster than a year ago – Weekly data showed inventory declines hitting a low and softening...
Tags: Real Estate, News, Los Angeles, Radio, Rochester, Houston, Kansas City, News Corp, Pittsburgh, COLUMBUS Ohio, Santa Clara CA, Raleigh N C, Richmond VA, Jacksonville Fla, National Association of Realtors, Pittsburgh PA


Fannie Mae Releases February 2020 Monthly Summary

WASHINGTON, March 31, 2020 (PRNewswire) Fannie Mae’s (OTCQB: FNMA) February 2020 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae’s monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, serious delinquency rates, and loan modifications. About Fannie MaeFannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible...
Tags: Facebook, Real Estate, News, Washington, Radio, Fannie Mae, Real Estate News, Fannie MaeFannie Mae, Fannie Maehttps


RE/MAX Agents Outproduce Competition for 10th Straight Year

According to the 2020 REAL Trends 500 survey of large brokerages, RE/MAX agents averaged twice as many transaction sides as competing agents Denver, CO – March 27, 2020 (PRNewswire) The 2020 REAL Trends 500 survey revealed that RE/MAX agents at participating brokerages outsold competing agents, on average, by more than 2-to-1* last year. In the report – a widely followed ranking of large U.S. real estate brokerages – RE/MAX agents averaged 15.6 transaction sides, more than doubling the average ...
Tags: Real Estate, News, Radio, Denver, Real Estate News, Adam Contos, RE/MAX, MAX LLC, Holdings NYSE


S&P CoreLogic Case-Shiller Index Shows Continued Growth in Annual Home Price Gains to Start 2020

New York, NY – March 31, 2020 (PRNewswire) S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for January 2020 show that home prices continue to increase at a modest rate across the U.S. More than 27 years of history are available for these data series, and can be accessed in full by going to www.spdji.com. YEAR-OVER-YEAR  The S&P CoreLogic Case-Shiller U.S. National Home P...
Tags: Real Estate, New York, News, Minneapolis, Washington, Nsa, Boston, Los Angeles, San Francisco, Chicago, Radio, United States, Portland, San Diego, Dallas, Miami


Pending Home Sales Increase 2.4% in February

Washington, D.C. – March 30, 2020 (nar.realtor) Pending home sales rose in February, climbing for the second consecutive month, according to the National Association of Realtors®. Each of the four major regions saw an increase in month-over-month contract activity, as well as growth in year-over-year pending home sales transactions compared to one year ago. The Pending Home Sales Index (PHSI),* www.nar.realtor/pending-home-sales, a forward-looking indicator based on contract signings,...
Tags: Real Estate, News, Washington, America, Radio, Rochester, South, NAR, Sacramento Calif, National Association of Realtors, Yun, Real Estate News, The National Association of Realtors, Colorado Springs Colo, Lawrence Yun, MODESTO Calif


NAR Relaunches ‘Right Tools, Right Now’ to Help Realtors® Face Coronavirus’s Impacts

Program from 2009-10 being revived to offer resources and guidance to NAR members during COVID-19 crisisChicago, IL – March 27, 2020 (nar.realtor) The National Association of Realtors® announced the return of its ‘Right Tools, Right Now’ program, which will make numerous business-critical resources immediately available to all of the association’s 1.4 million members at reduced or no cost. Originating in response to the financial crisis, nearly one million Realtors® accessed $54 million worth of...
Tags: Real Estate, News, America, Radio, San Francisco CA, NAR, National Association of Realtors, Real Estate News, Leadership Team, Bob Goldberg, Vince Malta, Malta Co Inc, Right Tools Right Now


NAR Commends Protections for Realtors®, U.S. Consumers in $2 Trillion Economic Relief Bill

Realtor® group prepared comprehensive overview of stimulus package to educate membership on its impactWashington, D.C. – March 27, 2020 (nar.realtor) As the House of Representatives’ voted Friday to send a historic COVID-19 relief package to President Trump, the National Association of Realtors® published a comprehensive guide to the $2 trillion, 880-page bill educating Realtors® on the many benefits secured by NAR. The nation’s largest trade association is also offering separate, evolving guida...
Tags: Real Estate, News, America, Radio, House Of Representatives, Bill, Congressional, Small Business Administration, NAR, National Association of Realtors, Real Estate News, Vince Malta, COVID


NAR Webinar: REALTORS and The Tax Cuts & Job Act-2020

Charlotte, NC – March 25, 2020 (PRNewswire) LendingTree®, the nation’s leading online loan marketplace, released its latest report on the recent growth in refinance applications compared to the same time period in 2019. The economic effects of the COVID-19 coronavirus pandemic have led to unprecedented volatility in mortgage interest rates and an overwhelming surge of borrower demand. LendingTree data shows that refinance mortgage applications through LendingTree’s marketplace tripled from a yea...
Tags: Real Estate, News, Minnesota, Minneapolis, California, Montana, Washington, Virginia, Alabama, Los Angeles, San Francisco, Radio, North Dakota, Alaska, San Diego, Nebraska


LendingTree Report: Refinance Applications Triple in the U.S.

Charlotte, NC – March 25, 2020 (PRNewswire) LendingTree®, the nation’s leading online loan marketplace, released its latest report on the recent growth in refinance applications compared to the same time period in 2019. The economic effects of the COVID-19 coronavirus pandemic have led to unprecedented volatility in mortgage interest rates and an overwhelming surge of borrower demand. LendingTree data shows that refinance mortgage applications through LendingTree’s marketplace tripled from a yea...
Tags: Real Estate, News, Minnesota, Minneapolis, California, Montana, Washington, Virginia, Alabama, Los Angeles, San Francisco, Radio, North Dakota, Alaska, San Diego, Nebraska


Home Affordability Improves For Average U.S. Wage Earners To Best Level In Over Two Years

Home Ownership Consumes 31.1 Percent of Average Wage in First Quarter 2020; Home Prices Still Unaffordable in 66 Percent of Local Markets Irvine, CA – March 26, 2020 (PRNewswire) ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its first-quarter 2020 U.S. Home Affordability Report, which shows that median home prices in the first quarter of 2020 are unaffordable for average wage earners in 319 of ...
Tags: Real Estate, News, New York City, Los Angeles, San Francisco, Indianapolis, Radio, Bureau of Labor Statistics, United States, Washington Dc, Portland, Chico, San Jose, Buffalo, Syracuse, San Diego County


Realtors® Applaud HUD’s Timely $40M Grant Award to Combat Housing Discrimination

Washington, D.C – March 25, 2020 (nar.realtor) National Association of Realtors® President Vince Malta issued the following statement after the Department of Housing and Urban Development announced Wednesday that it will grant $40 million to organizations addressing fair housing violations across the U.S. More than $1 million is being awarded within locations designated as underserved by the Qualified Opportunity Zone program, which NAR has championed since it was established in 2017 tax reform ...
Tags: Real Estate, News, Washington, America, Radio, Hud, Malta, San Francisco CA, Carson, NAR, National Association of Realtors, Department of Housing and Urban Development, Real Estate News, The National Association of Realtors, Vince Malta, Malta Co Inc


Despite Low Mortgage Rates, Coronavirus is Slowing the Housing Market

– Mortgage rates hit record lows as home shopping season began, usually an indicator of strong buyer demand, but early signs point to a slowing market because of COVID-19 uncertainty – Record-low mortgage rates prompted a historic jump in refinancing in early March. – Rates have risen considerably since then but remain low compared to historic norms, meaning monthly payments would be more affordable for potential home buyers. – Low mortgage rates would be expected to boost home buying d...
Tags: Real Estate, News, Bank Of America, Radio, Treasury, Federal Reserve, North America, Zillow, Seattle Wa, Freddie Mac, Federal Housing Administration, Real Estate News, Zillow Group, Mortgage Bankers Association, Zillow Inc, Seattle Zillow


Video Home Tour Requests Soar Nearly 500% in One Week

As a Leading Technology-Powered Brokerage, Redfin Uses Virtual Tools and Local Agents to Allow Customers Nationwide to Safely Move Forward with Home Hunting Plans Seattle, WA – March 23, 2020 (PRNewswire) (NASDAQ: RDFN) — Redfin (www.redfin.com), the technology-powered real estate brokerage, saw a 494% increase in requests for agent-led video home tours last week. As of yesterday, 18.9% of tour requests from Redfin.com were video-chat tour requests, up from 0.2% at the beginning of March, a ...
Tags: Real Estate, News, Radio, Canada, Redfin, Glenn Kelman, Seattle Wa, Real Estate News, Jill Thompson, Indianapolis Redfin


LendingTree Study Analyzes the Real Costs of Bankruptcy

Study finds that even though bankruptcy filers pay more for loans, they aren’t completely shut out of the market; more than 70% of filers are mortgage-eligible after 5 years Charlotte, NC – March 24, 2020 (PRNewswire) LendingTree®, the nation’s leading online loan marketplace, released its study on the costs bankruptcy experienced by individuals who have filed for bankruptcy and the effect on an individual’s credit. The report found that consumers who recently filed for bankruptcy aren’t comple...
Tags: Real Estate, News, Radio, Lendingtree, Real Estate News, Lendingtree Inc, Lending Tree, LendingTree LLC, Charlotte NC March, Megan Greulingmegan


Existing-Home Sales Jump 6.5% in February

Washington, D.C. March 20, 2020 (nar.realtor) Existing-home sales climbed substantially in February after a slight decline in January, according to the National Association of Realtors®. Of the four major regions, only the Northeast reported a drop in sales, while other areas saw increases, including sizable sales gains in the West. Total existing-home sales,1 https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums ...
Tags: Real Estate, News, Washington, White House, America, Radio, West, Rochester, South, Malta, Midwest, Northeast, Congressional, NAR, U S Census Bureau, National Association of Realtors


Zillow Group Pauses Home Buying in Zillow Offers in Response to COVID-19 and Market Uncertainty

Seattle, WA – March 23, 2020 (PRNewswire) Zillow Group, Inc. (NASDAQ:Z) (NASDAQ:ZG), which is transforming the way people buy, sell, rent, and finance homes, today announced it will pause home buying in all 24 markets where Zillow Offers currently operates in response to local public health orders related to COVID-19 and to help protect the safety and health of its employees, customers and partners. “Our top priority is ensuring the safety and health of our employees, customers, and p...
Tags: Real Estate, News, Radio, SEC, Nevada, Zillow, Seattle Wa, Barton, Real Estate News, Zillow Group, Rich Barton, Zillow Group Inc, Allen Parker, Zillow Group Zillow Group Inc, Zillow Offers, Zillow Home Loans


NAR Survey Finds Nearly Half of Realtors® Say Home Buyer Interest Has Decreased Due to the Coronavirus Outbreak

Washington, D.C. – March 19, 2020 (nar.realtor) Nearly half of Realtors® – 48% – said home buyer interest has decreased due to the coronavirus outbreak, according to a new survey from the National Association of Realtors®. That percentage tripled from a week ago when it stood at 16%. Almost seven in 10 Realtors® – 69% – said there’s no change in the number of homes on the market due to the coronavirus outbreak, down from 87% a week ago. “The decline in confidence related to the direct...
Tags: Real Estate, News, Washington, America, Radio, NAR, National Association of Realtors, Real Estate News, Lawrence Yun, COVID


Forty-four Percent of Homebuyers and Sellers Think Home Prices Will Fall During Next Recession

Amid stock market crash and coronavirus fears, just 32% of consumers expect home prices to increase, down from 56% in December Seattle, WA – March 20, 2020 (PRNewswire) (NASDAQ: RDFN) — Nearly one-third of homebuyers and sellers expect home prices to increase when the next recession hits, according to Redfin (www.redfin.com), the technology-powered real estate brokerage. This is based on a series of Redfin consumer surveys, and the results are summarized in this report. This marks...
Tags: Real Estate, News, Radio, Canada, Redfin, Seattle Wa, Real Estate News, Daryl Fairweather Home, Fairweather Young


NAR to Deliver Virtual Solutions for 2020 Realtors® Legislative Meetings & Trade Expo

In-person meetings will not be held as scheduled from May 11–16 Washington, D.C. – March 18, 2020 (nar.realtor) Due to recent restrictions and recommendations implemented by the federal and Washington, D.C. governments, the National Association of Realtors® announced Wednesday that it will deliver previously-planned programming and committee meetings virtually. With the Centers for Disease Control issuing guidance limiting discretionary travel and large gatherings, and the city of Washington,...
Tags: Real Estate, News, Washington, America, Radio, Committee, Washington D C, Centers for Disease Control, NAR, National Association of Realtors, Real Estate News, National Association of Realtors ®, Legislative Meetings and Trade Expo


Fannie Mae Assistance Options for Homeowners Impacted by COVID-19

WASHINGTON, March 18, 2020 (PRNewswire) Fannie Mae (OTCQB: FNMA) wants to help ensure families are given options in these uncertain times in the case of job loss, a reduction in work hours, illness, or other issues. We want to remind those impacted by COVID-19 of available mortgage assistance and relief options. Under Fannie Mae’s guidelines for single-family mortgages: Homeowners who are adversely impacted by this national emergency may request mortgage assistance by contacting their mortgag...
Tags: Facebook, Real Estate, News, Washington, Radio, Fannie Mae, Real Estate News, MMI, ClearPoint Credit Counseling Solutions, Fannie Mae OTCQB, Coronavirus, COVID, Fannie MaeFannie Mae, Fannie Maehttps, Fannie Mae Assistance Options, Malloy Evans


Luxury Housing Showed Strength in the Fourth Quarter, But That Will Likely Change Given Recent Economic Uncertainty

Million-dollar sales increased 11.4 percent year-over-year; luxury entry-point reached $1.27 million, up 2.1 percent year-over-year Santa Clara, CA – March 18, 2020 (PRNewswire) The U.S. luxury housing market capped off the year with its greatest show of strength in 2019 as million-dollar sales jumped 11.4 percent year-over-year nationwide and sale prices increased 2.1 percent, according to the realtor.com® Q4 2019 Luxury report released today. Based on the report, the final three ...
Tags: Real Estate, New York, News, California, Radio, Dallas, Plymouth, News Corp, Santa Clara, Delaware, Suffolk, Maui, Morris, Honolulu, Arlington VA, San Luis Obispo Calif


RE/MAX National Housing Report for February 2020

Denver, CO – March 18, 2020 (PRNewswire) Representing the last full month before the coronavirus became a global pandemic, February saw the third consecutive month of year-over-year increases in U.S. home sales – a streak not seen since 2015. At the same time, inventory across the report’s 53 metro markets plunged 15.8%, marking the fourth successive month of double-digit percentage, year-over-year declines. “Strong February home sales and limited inventory defined U.S. housing ahead ...
Tags: Real Estate, Radio, Mls, Nashville, Augusta, Metro, Birmingham Al, Seattle Wa, San Francisco CA, Des Moines Ia, Los Angeles CA, Las Vegas NV, Denver CO, RE MAX, Milwaukee WI, Real Estate News


Second Century Ventures Makes Investment in Top Property Exchange Network

Chicago, IL – March 17, 2020 (nar.realtor) Second Century Ventures, the venture capital arm of the National Association of Realtors®, announced today that it has made an investment in RealX, an exchange to buy, sell and lease property rights. Property rights include leasing land’s surface rights for solar, wind, cell towers, timber and other uses; as well as selling or leasing subsurface rights for minerals, oil and gas, among others. RealX has had over 6 million acres registered in i...
Tags: Real Estate, News, America, Chicago, Radio, NAR, National Association of Realtors, Real Estate News, National Association of Realtors ®, SCV, Second Century Ventures, Strategic Business Innovation Technology, Mark Birschbach, Luke Glass RealX


NAR to Deliver Virtual Solutions for 2020 Realtors® Legislative Meetings & Trade Expo

Irvine, CA – March 12, 2020 (PRNewswire) ATTOM Data Solutions, curator of the nation’s premier property database first property data provider of Data-as-a-Service (DaaS), today released its Q1 2020 Single-Family Rental Market report, which ranks the best U.S. markets for buying single-family rental properties in 2020. The report analyzed single-family rental returns in 389 U.S. counties with a population of at least 100,000 and sufficient rental and home price data. Rental data comes ...
Tags: Real Estate, News, Los Angeles, Atlanta, Radio, United States, Nashville, Philadelphia, Detroit, San Diego County, Memphis, Salisbury, Miami Dade County, Los Angeles County, NAR, Cumberland County


Buying, Selling or Just Curious – Realtor.com® Helps You Determine What a Home is Worth

Estimated home values from three highly respected sources now available on for-sale and off-market homes Santa Clara, CA – March 12, 2020 (PRNewswire) To help provide consumers with the information they need to make confident choices, realtor.com® announced today that it now displays estimated property values from three widely respected sources on for-sale and off-market properties. Realtor.com® is the only national home search site to offer a range of values from third party sources. B...
Tags: Real Estate, News, Radio, News Corp, Santa Clara, National Association of Realtors, Real Estate News, Realtor.com, Move Inc, NWS NWSLV, Nicole Murphy, Todd Callow


Resilience of U.S. Economy Tested by COVID-19 Outbreak and Oil Price Shock

Low Mortgage Rate Environment Likely to Support Housing, Spur Refinance Activity Washington, D.C. – March 12, 2020 (PRNewswire) According to the latest commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group, the COVID-19 (coronavirus) outbreak and sharp decline in oil prices are likely to result in decreased economic growth. Assuming the outbreak is relatively short-lived, the ESR Group is currently forecasting 1.8 percent full-year 2020 growth, down from it...
Tags: Facebook, Real Estate, News, Washington, Saudi Arabia, Radio, Federal Reserve, FOMC, The Fed, Fannie Mae, Real Estate News, Doug Duncan, Fannie Mae s Economic Strategic Research Group, Fannie Mae s Economic Strategic Research ESR Group, ESR Group, Fannie Mae OTCQB