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Housing market 52% back to normal, pace accelerating
As the housing market marches down the long road to recovery, it's picking up the pace, with Trulia reporting the market is now 52 percent back to normal, which is still a tough place to be, but the...
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New home sales drop 7.3% in December, not the end of the world
New home sales fell a bit in December, but when it comes to a housing recovery, we explain why it's not a major setback, despite falling short of economists' projections. Follow The American Genius on...
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Pending home sales slip, NAR calls it an uneven uptrend
As their tone shifts slightly, the National Association of Realtors reports a decrease in pending home sales last month, adding that signs still point to 2013 being a year of recovery. Follow The...
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Housing’s light at the end of the tunnel: rising prices
Housing is one of the hardest hit sectors of the struggling economy, but as home prices continue to improve, economists are beginning to offer optimistic projections at these signs of life. Follow The...
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Mortgage application volume falls 8.1 percent in one week
Mortgage application volume fell last week, even accounting for the federal holiday, as certain interest rates jumped up a bit in the same period. Follow The American Genius on Facebook for exclusive...
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Micro-units no longer just in Asia, now coming to New York City
Micro-Living: Mayor Bloomberg put out a call to architects for creative, responsible ideas that would put a city block in New York City's 335 East 27th Street in Manhattan to its highest and best use...
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Foreclosure inventory fell 19.5 percent in 2012
Marking more positive signs for housing, foreclosure inventory has fallen over the last year, which will alleviate part of what has made for a tough start to a housing recovery. Follow The American...
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Trulia: asking prices rising, rent increases easing
Trulia is reporting asking prices on homes to be improving, making strides since their recovery began, while construction has eased rising rents. Follow The American Genius on Facebook for exclusive...
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Mortgage application volume rises 3.4 percent
2013 has already been quite a roller coaster for mortgage application volume as interest and disinterest has spiked and plummeted, this week rising a bit. Follow The American Genius on Facebook for...
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Housing begins to slowly recover, list of improving markets grows
According to the NAHB, all 50 states are represented in the "Improving Markets Index" for the first time since its inception, pointing to housing beginning its slow recovery. Follow The American Genius...
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The typical Realtor has 11 years of experience
Did you know that the majority of all Realtors have at least six years of experience? The National Association of Realtors surveyed members, unveiling experience levels of its members. Follow The...
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An Obama State of The Union finally addresses housing
In past years, President Obama has either failed to mention housing during his State of the Union address, or simply glossed over it, but in 2013, he directly addressed housing. Follow The American...
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Commercial real estate sales surged 22% in 2012
Commercial real estate struggled as the economy crashed, but is showing substantial improvement, particularly in sales volume in the last year. Follow The American Genius on Facebook for exclusive...
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Big banks to review complaints alleging illegal foreclosures
After a bitter fight, homeowners are finally being compensated for big banks illegally foreclosing, but in a cruel twist, the government is firing independent complaint reviewers and asking the banks...
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Ohio budget proposal penalizes real estate consumers
The Ohio budget proposal seeks to add a five percent tax on services rendered in the state, but Commissioner Testa's testimony failed to address or understand the 20 times a home buyer would be taxed...
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Construction spending falls 2.1% in January
Construction spending fell unexpectedly in January, but the housing sector overall is showing promising signs for a much healthier 2013, regardless. Follow The American Genius on Facebook for exclusive...
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Property values 42% better near public transportation
A new joint study between the NAR and APTA reveal that property values are considerably better when near public transportation with high frequency service. Follow The American Genius on Facebook for...
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Builder confidence slides as material costs jump
Builder confidence slumps as the sector finds itself frustrated by rising costs for materials, labor issues, and perpetually tight lending conditions, making it difficult to meet demand. Follow The...
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Housing giving off mixed signals: are we recovering or not?
Housing has been a tricky industry to read, as economists fail to agree on where we are in the recovery process. Here is a quick overview of where top indicators are, both positive and negative. Follow...
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Mortgage application volume continues to increase
Although inventory levels remain tight, more buyers are hopping into the market as revealed by the mortgage application volume for new loans, now at its highest level in nearly three years. Follow The...
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