Foreclosure Filings Fall 25% in February

Foreclosure Filings Fall 25% in February Daily Real Estate News | Thursday, March 14, 2013 RealtyTrac counted a total of 154,281 U.S. properties with foreclosure filings — default notices, scheduled auctions, or bank repossessions — last month. The number is up 2 percent from January, but is down a full 25 percent from February 2012.…

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60% of Single- Family Renters Plan to Buy Within 5 Years

60% of Single-Family Renters Plan to Buy Within 5 Years Daily Real Estate News | Tuesday, February 26, 2013 Renters of single-family homes are twenty-five percent more likely than apartment tenants to stay in their current homes five years or longer, according to a new survey by Opinion Research Corporation. The finding suggests that “demand…

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Home Ownership Is Within More Americans’ Reach

Home Ownership Is Within More Americans’ Reach Daily Real Estate News | Friday, February 22, 2013 Low interest rates helped keep housing affordability high in the final quarter of 2012, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released on Thursday. Nearly 75 percent of homes sold between October and the…

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Seller’s Market Developing in Much of the U.S.

Seller’s Market Developing in Much of the U.S. Daily Real Estate News | Friday, February 22, 2013 Existing-home sales edged up in January, while a seller’s market is developing and home prices continue to rise steadily above year-ago levels, according to the National Association of REALTORS®. Sales rose in every region but the West, which…

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Half of all Renters Spend 30% or More Income on Housing

Half of all Renters Spend 30% or More Income on Housing Daily Real Estate News | Tuesday, February 19, 2013 Freddie Mac reports that residents of apartment communities that include five or more rental units currently make up 15 million U.S. households — a figure that is expected to climb with shifting demographics and housing…

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