Archives

New York Fed Study Examines Manhattan Housing Market

New York, NY - December 18, 2012 - (RealEstateRama) -- While New York City rents have rebounded in the past couple of years, renting still appears to offer a better financial value than buying in the Manhattan housing market, according to a recent stud...

Home Price Indexes Provide Detail on Regional Housing Market

New York, NY - December 3, 2012 - (RealEstateRama) -- The New York Fed today released a new interactive tool that provides data on the state of the housing market recovery in New York, New Jersey and Connecticut.

Builder Confidence in the 55+ Housing Market Continues to Improve in the Third Quarter

WASHINGTON, D.C. - November 8, 2012 - (RealEstateRama) -- Builder confidence in the 55+ housing market for single-family homes showed significant improvement in the third quarter of 2012 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. The index more than tripled year over year from a level of 12 to 36, which is the highest third-quarter reading since the inception of the index in 2008.

C.A.R. announces 2012 Annual Housing Market Survey results

LOS ANGELES, CA - November 1, 2012 - (RealEstateRama) -- Favorable home prices and record-low interest rates combined with high demand and a severe shortage of available housing have created a highly competitive housing market in California, with nearl...

Builder Confidence Continues To Improve in August

WASHINGTON, D.C. - August 15, 2012 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes improved for a fourth consecutive month in August with a two-point gain to 37 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This gain builds on a six-point increase in July and brings the index to its highest level since February of 2007

Builder Confidence in the 55+ Housing Market Shows Improvement in the Second Quarter

WASHINGTON, D.C. - August 9, 2012 - (RealEstateRama) -- Builder confidence in the 55+ housing market for single-family homes showed improvement in the second quarter of 2012 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. The index more than doubled year over year from a level of 13 to 29, which is the highest second-quarter reading since the inception of the index in 2008.

C.A.R. reports California’s housing market continued to improve in June

LOS ANGELES, CA - July 17, 2012 - (RealEstateRama) -- California’s housing market continued to show signs of improvement in June, as home sales experienced solid gains annually and home prices reached their highest level since August 2010, the CALIFO...

More Indicators Texas Housing Market Gaining Strength

COLLEGE STATION, TX - July 6, 2012 - (RealEstateRama) -- (Real Estate Center) – More indicators support the conclusion that the Texas housing market has recovered. One of those is the annual dollar volume of home sales.

Texas’ Housing Market Stepping Toward Recovery

COLLEGE STATION, TX - July 2, 2012 - (RealEstateRama) -- May was packed with indicators of an improving housing market here in Texas. ccording to the latest Multiple Listing Service (MLS) data, existing home sales were up 20 percent over May 2011, pric...

Improving Housing Market Leading to Larger Home Sizes and Increased Property Enhancements

Washington, D.C. - June 26, 2012 - (RealEstateRama) -- As the struggling housing market shows signs of improvement, there has been a reversal in the 6-year trend in smaller home sizes. This is the case for custom and luxury homes, as well as for additions to existing homes. A preference for outdoor living, especially blended indoor/outdoor living, continues to increase, along with strong demand for accessible and flexible home layout

California housing market continues to post strong gains in May, home sales rise to...

LOS ANGELES, CA - June 18, 2012 - (RealEstateRama) -- California’s housing market continued to improve in May, with home prices posting solid gains for the third straight month and home sales well above last year’s pace, the CALIFORNIA ASSOCIATION ...

Northwest Indiana Housing Market Shows Continued Signs of Growth

PORTAGE, IN - May 31, 2012 - (RealEstateRama) -- According to the latest housing data compiled by RE/MAX of Indiana, Northwest Indiana’s real estate market continued to show moderate growth during the first four months of the year. Eight percent more...

St. Joseph Housing Market Shows Continued Signs of Growth

SOUTH BEND, IN - May 29, 2012 - (RealEstateRama) -- According to the latest housing data compiled by RE/MAX of Indiana, St. Joseph County’s real estate market continued to show strong growth during the first four months of the year. The number of hom...

Builder Confidence in the 55+ Housing Market Shows Significant Improvement in the First Quarter

WASHINGTON, D.C. - May 10, 2012 - (RealEstateRama) -- Builder confidence in the 55+ housing market for single-family homes had a significant increase in the first quarter of 2012 compared to the same period a year ago, according to the latest National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) released today. The index increased 10 points to 27, and although 27 is relatively low for an index that lies on a scale of 0 to 100, it is nevertheless the highest reading since the inception of the index in 2008.

Realtors® Call for Broad Qualified Mortgage Definition to Help Consumers and Housing Market

WASHINGTON, DC - April 17, 2012 - (RealEstateRama) -- A narrow definition of the impending Ability to Repay regulation could harm consumers and the housing market recovery, according to the National Association of Realtors®.

Vitter Says Reforms to FHA, Not a Bailout, Needed to Revive Housing Market

Washington, D.C. - February 28, 2012 - (RealEstateRama) -- U.S. Sen. David Vitter today offered the following statement after a hearing in the U.S. Senate Banking Committee on the state of the housing market.

Builder Confidence for the 55+ Housing Market Ends Fourth Quarter on an Upswing

WASHINGTON, D.C. - February 7, 2012 - (RealEstateRama) -- Builder confidence in the 55+ housing market for single-family homes rose four points to 18 compared to the same period a year ago, according to the latest National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI) released today.

Best Real Estate Market Forecasts Released

Destin, FL - December 20, 2011 - (RealEstateRama) -- The best real estate markets for 2012 have been released by Housing Predictor, which forecasts the 25 best and 25 worst housing markets annually. The cities selected have the highest probability of reaching their forecasts.

Housing Predictor Announced Annual Forecasts

Destin, FL - December 16, 2011 - (RealEstateRama) -- Housing Predictor is releasing its annual housing market forecasts for 2012. The online real estate research firm issues forecasts for more than 230 local U.S. markets in all 50 states, and keeps readers up to date on real estate news and analysis throughout the entire year.

Citigroup to Pay $285 Million to Settle SEC Charges for Misleading Investors About CDO...

Washington, D.C. - October 19, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today charged Citigroup’s principal U.S. broker-dealer subsidiary with misleading investors about a $1 billion collateralized debt obligation (CDO) tied to the U.S. housing market in which Citigroup bet against investors as the housing market showed signs of distress. The CDO defaulted within months, leaving investors with losses while Citigroup made $160 million in fees and trading profits.

Business Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.

Recent Gov & Nonprofit Real Estate Press Releases

NAR

Pending Home Sales Falter 2.2% in September

Pending home sales experienced a minor decline in September after four consecutive months of contract activity growth, according to the National Association of Realtors®. While all four major U.S. regions recorded notable year-over-year increases