NAHB Improving Markets Index continues to grow

Although activity in many real estate markets across the U.S. is relativly flat, the National Association of Home Builders has announced that there continues to be a number of improving local markets.
Although activity in many real estate markets across the U.S. is relativly flat, the National Association of Home Builders has announced that there continues to be a number of improving local markets. [More]


Critics continue to challenge CFPB director appointment

As critics continue to question the recess appointment of Consumer Financial Protection Bureau director Richard Cordray, a group of Senators has filed a brief that will help challenge the appointment in court.
As critics continue to question the recess appointment of Consumer Financial Protection Bureau director Richard Cordray, a group of Senators has filed a brief that will help challenge the appointment in court. [More]


Management changes announced at CRS Data, Inc.

CRS Data Inc., formerly Courthouse Retrieval System, has named David Russell as Marketing Director and Rob Williamson as Sales Director.    David has led the sales and marketing departments  at CRS Data for 5 years. He has played a key role in the launch of the Banker Suite product. P... [More]


Unemployment continued to fall in January

The national unemployment rate fell in January, as the job market continued to create more employment opportunities for American households.
The national unemployment rate fell in January, as the job market continued to create more employment opportunities for American households. [More]


Fewer borrowers cashing out on home equity

As more borrowers took advantage of government-sponsored refinancing programs, a recent report indicates that a growing number of homeowners who refinance were able to significantly reduce their mortgage debt during the fourth quarter.
As more borrowers took advantage of government-sponsored refinancing programs, a recent report indicates that a growing number of homeowners who refinance were able to significantly reduce their mortgage debt during the fourth quarter. [More]


NAMB supports Obama's three-pronged initiative

In the wake of President Barack Obama's announcement to further assist a greater number of underwater households by letting them refinance into lower mortgage rates,
In the wake of President Barack Obama's announcement to further assist a greater number of underwater households by letting them refinance into lower mortgage rates, [More]


Report: One-third of home searches crossed state lines in Q4

The Metro Movers report from Trulia shows one in three U.S residents who searched for a home to rent or buy in the final three months 2011 did so by looking at homes not in their own state.
The Metro Movers report from Trulia shows one in three U.S residents who searched for a home to rent or buy in the final three months 2011 did so by looking at homes not in their own state. [More]


Some housing analysts opposed to government REO program

While a number of real estate experts and government officials believe the sale of real estate-owned properties to investors for conversion to rentals will substantially aid the market, CNBC reports some analysts disagree.
While a number of real estate experts and government officials believe the sale of real estate-owned properties to investors for conversion to rentals will substantially aid the market, CNBC reports some analysts disagree. [More]


Bernanke: Tight lending regulation, vacant properties preventing housing recovery

In testimony to the House of Representatives' Committee on the Budget, Federal Reserve Chairman Ben Bernanke noted that several economic factors are keeping the overall market down, but specifically noted instability in the job market is encumbering the housing sector.
In testimony to the House of Representatives' Committee on the Budget, Federal Reserve Chairman Ben Bernanke noted that several economic factors are keeping the overall market down, but specifically noted instability in the job market is encumbering the housing sector. [More]


Jobless claims edge lower at end of January

Fewer Americans filed for jobless claims during the week ending January 28, which could result in a greater number of households being able to make their mortgage payments and reduce the number of foreclosed houses across the country.
Fewer Americans filed for jobless claims during the week ending January 28, which could result in a greater number of households being able to make their mortgage payments and reduce the number of foreclosed houses across the country. [More]