Recovery Taking Hold in New-Home Market?

Recovery Taking Hold in New-Home Market? Daily Real Estate News | Friday, November 18, 2011 Single-family housing starts rose 3.9 percent in October with permits, a gauge for future home building, also seeing a sizable jump, the U.S. Commerce Department reports. Housing permits on single-family homes rose 5.1 percent in October to 434,000 units—its highest…

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Housing Picture Expected to Brighten in 2012

Housing Picture Expected to Brighten in 2012 Daily Real Estate News | Thursday, November 17, 2011 Better times are ahead for the real estate market in the new year, according to several forecasts and recent surveys. Fiserv, a financial information services firm, predicts that 95 percent of the 384 metro areas it tracks will see…

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Construction Soars for Rental Apartments

Construction Soars for Rental Apartments Daily Real Estate News | Wednesday, November 16, 2011 The apartment market continues to post big gains, as low vacancy rates and a surge in demand have tightened supply over the last few months. To respond to the increase in demand, construction of apartment buildings is on the upswing and…

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Freddie Mac Hits REO Selling Record

Freddie Mac Hits REO Selling Record Daily Real Estate News | Tuesday, November 15, 2011 Freddie Mac has sold a record number of single-family REO homes in the first nine months of 2011, and the homes are selling for an average of 94 percent of market value, Tracey Mooney, Freddie Mac’s vice president of single-family…

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Measured Improvement in Commercial Sectors Expected

Measured Improvement in Commercial Sectors Expected Daily Real Estate News | Monday, November 14, 2011 Despite sluggish economic growth and continuing concerns over high unemployment and the struggling housing market, the modest but steady improvement in commercial real estate in 2011 is expected to continue into 2012 and 2013, analysts told REALTORS® yesterday. There’s some…

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Modest Volume, Price Gains Seen Next Year

Modest Volume, Price Gains Seen Next Year The housing recovery will continue on its slow but steady pace over the next couple of years, NAR Chief Economist Lawrence Yun said Friday morning at the REALTORS® Conference & Expo Economic Issues & Residential Real Estate Business Trends forum. November 2011 | By Robert Freedman NAR Chief…

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We Have Only Begun to Fight

We Have Only Just Begun to Fight Leave the mortgage interest deduction alone: That was the mantra at the kick-off session of the 2011 REALTORS® Conference & Expo Thursday afternoon. November 2011 | By Robert Freedman With many housing markets still struggling and some pundits questioning the value of home ownership, NAR leaders asked REALTORS®…

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