Breaking News Archive

650,000 Leave Prison Each Year: Impact on Real Estate

Almost a third of Americans—100 million people—have a criminal record, and 650,000 are released from prison each year, adding to the total. This relates to housing because the U.S. Department of Housing and Urban Development recently released guidelines to...
April 27, 2016

Former Move Execs Defend Actions In Switch to Zillow

A lot of courtroom drama in Seattle wrapped up this week. Two former realtor.com executives, Errol Samuelson and Curt Beardsley, have been on the stand in King County Superior Court to defend their handling of computer files when they left...
April 27, 2016

Should Appraisers Be Testing Stoves and Dishwashers?

FHA’s latest changes to its single-family mortgage insurance handbook instruct appraisers to test and report on how well the appliances are working when they’re preparing an appraisal for a house that would be financed with an FHA-insured mortgage. This...

Are Renters Saying There’s Market Trouble Ahead?

When it comes to residential real estate, young households are the canary in the mineshaft. It’s a sign of market health if they’re able to find affordable houses to buy and also obtain financing. If homes aren’t available and...
March 28, 2016

Real Estate to Benefit as Internet Access Taxes End

Ten states today levy what are known as Internet access taxes. That might come as a surprise to many people, since the taxes are largely invisible. They’re levied on companies like Verizon and Comcast, the Internet service providers (ISP)...
March 14, 2016

Wickr, Snapchat . . . They Raise Novel Record Keeping Issues

Apps whose messages self destruct after a few seconds offer a new way to communicate with clients. For that reason, you might see an increase in the use of apps like Snapchat and Wickr in real estate. Although the...
January 28, 2016

How Are Closings Going?

Home sales in November 2015 saw a big drop and although it’s too soon to know definitively what’s behind the slowdown, it’s possible the  new closing rules that went into effect October 3 had something to do with it....
January 20, 2016

7 Tech Game Changers for Your Business

One of the technology industry’s hottest shows wrapped up last week in Las Vegas, where we got a peak at some items that have the potential to drastically change the way real estate professionals do business. From virtual reality...
January 11, 2016

When Presidential Candidates Talk Real Estate

As the presidential nominating process moves into 2016, don’t be surprised if candidates from both parties talk about real estate and the federal issues that affect it. After all, the industry accounts for roughly a fifth of the U.S....
December 21, 2015

How FHA is Helping Buyers Obtain Condo Financing

First-time buyers are hurting. It’s hard for them to save for a down payment, credit restrictions remain tight, and there are few affordable homes for them to choose from. What’s more, wage gains are modest, home prices keep going...
December 1, 2015