National News

Home prices increase as falling mortgage rates attract buyers

More buyers have entered the market in the past four weeks as mortgage rates fell.

Single-family starts, builder confidence rise 

The increase in builder confidence breaks a string of 12 straight monthly declines in the NAHB/Wells Fargo Housing Market Index. 

SP200 ranks the most-powerful people in residential real estate in 2023 

HomeServices of America President and CEO Gino Blefari took the top spot on the annual list. 

Washington ranked one of the best states to raise a family

Washington is one of the best states in the country to raise a family, according to a new report from WalletHub. 

America’s Most Trusted® study: Which homebuilders topped the list for 2023?

For more than 10 years, Lifestory Research has released its highly anticipated study: America’s Most Trusted®. And the 2023 results are in.

Compass announces third round of layoffs 

The brokerage said its technology team, which was most affected in the previous round of cuts, will not be impacted this time. 

CoreLogic: Annual home-price growth rate slows to 2-year low 

Geographically, the largest home-price increases took place in the Southeast, led by Florida (18%), South Carolina (13.9%) and Georgia (13.6%), CoreLogic reported, citing its November Home Price Insights report.    

Newmark launches single-family rental group  

The move comes despite a slowdown in the single-family rental market. 

CoreLogic: Mortgage delinquencies are down

Foreclosures continue to rise toward pre-pandemic levels, according to new data from CoreLogic, but mortgage delinquencies are down. This is a positive sign, indicating that foreclosures will likely trend downward soon.

NAR: Pending-home sales slide for sixth month in a row in November 

Regionally, the pending-sales index fell 7.9% month over month in the Northeast, 6.6% in the Midwest, 2.3% in the South and 0.9% in the West. 

New-home sales rise again in November 

At the same time, the median sales price of a new house slid to $471,200 from $484,700 in October and $430,300 a year earlier, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

NAR: Existing-home sales fall 7.7% in November 

The month-over-month decline in sales came as prices rose for the 129th consecutive month, the National Association of REALTORS® said. 

PulteGroup fires incoming COO weeks before his promotion 

The termination follows a lawsuit filed by the homebuilder’s founding family alleging the executive created a network of Twitter bots to harass the late founder. 

The biggest housing buzzwords of 2022

Online home descriptions are now key to the competitive real estate landscape. So what did they look like in 2022?

‘Greenest States to Move to in 2023’ study praises Washington for its eco-friendly policies

Washington named one of the 5 states with the greenest government policies, according to the Greenest States to Move to in 2023 report. 

New-home construction slides in November as builders pull back 

New-home permits fell 11.2% month over month, while housing completions jumped 10.8% in what one observer said could have “worrisome” long-term consequences for the nation’s housing supply. 

Oops! We could not locate your form.