Editorial Results (free)
1. US Home Prices Surpass Pre-Recession Peak Amid Healthy Sales
- Wednesday, November 30, 2016
WASHINGTON (AP) – U.S. home prices have fully recovered from their steep plunge during the housing bust and Great Recession, according to a private measure.
The Standard & Poor's CoreLogic Case-Shiller national home price index , released Tuesday, is slightly above the peak it set in July 2006, after rising 5.5 percent in September from a year earlier. The milestone comes after more than four years of steady gains.
2. US Home Sales Fell in August as Inventories Plummet
- Friday, September 23, 2016
WASHINGTON (AP) – Americans retreated from home-buying in August, as a worsening inventory shortage appears to be hurting sales and pushing prices higher.
Housing has been a bright spot amid weak economic growth for much of this year. Sales totals continue to recover from the Great Recession. Buyers increasingly have pristine credit. But the primary weakness in housing has been a lack of properties for sale, a reflection of the lingering damage caused by the housing bubble that began to burst nearly a decade ago.
3. US Home Sales Fell in July Amid Inventory Shortage
- Thursday, August 25, 2016
WASHINGTON (AP) – US homebuyers pulled back in July, as sales declined amid a shortage of available properties and steadily rising prices.
Sales of existing homes fell 3.2 percent last month to a seasonally adjusted annual rate of 5.39 million, the National Association of Realtors said Wednesday. The decline marks a reversal from rising demand that pushed sales in June to their highest level since February 2007.
4. US Homeownership Rate Matches 51-Year Low
- Friday, July 29, 2016
WASHINGTON (AP) — The proportion of U.S. households that own homes has matched its lowest level in 51 years — evidence that rising property prices, high rents and stagnant pay have made it hard for many to buy.
5. US Home Prices Rise at Steady Pace as Sales Heat Up
- Wednesday, July 27, 2016
WASHINGTON (AP) – U.S. home prices extended their steady upward march in May, spurred by rising sales and a dwindling supply of available houses.
The Standard & Poor's CoreLogic Case-Shiller 20-city home price index increased 5.2 percent in May compared with a year ago. That is down from a 5.4 percent annual gain in April but still above last summer's growth rate.
6. Zillow to Pay $130M to Settle Lawsuit by Rival Move Inc.
- Wednesday, June 8, 2016
SEATTLE (AP) – Seattle-based real-estate information website Zillow is paying $130 million to settle a lawsuit brought by rival Move Inc.
7. US Home Market: Sales, Prices Up But Not Enough Supply
- Wednesday, February 24, 2016
WASHINGTON (AP) – U.S. home sales are climbing. Prices are rising, too. So the outlook for the housing market is golden, right?
A series of reports released Tuesday pointed to potential cracks in the foundations of America's residential real estate market.
8. Outbid on Your Dream House? Just Wait for Deal to Fall Through
- Saturday, August 8, 2015
The real estate market remains frenzied with every passing week, with multiple-offer scenarios on numerous listings. As has been noted in this column, these spontaneous sales have often led to buyer’s remorse and, as a result, more terminated contracts than ever before.
9. One (Day)-and-Done Home Sales Drive Buyers Nuts
- Saturday, April 4, 2015
With the dismal winter behind us, and trees beginning to glow with greenery, many are hoping the spring will sprout some listings.
In the past few months, the lack of inventory and the market’s avaricious appetite have driven frustrated buyers to the point of anger. March Madness has a new meaning with buyers at wit’s end.
10. Why Areas With Good Jobs Have Hard-to-Afford Homes
- Wednesday, December 10, 2014
WASHINGTON (AP) – It's the new career trade-off: Around the country, areas with the strongest job markets increasingly have some of the costliest homes. And areas with the most affordable homes lack a solid base of middle class jobs that attract workers.
11. US Homebuilder Sentiment Rallies in November
- Wednesday, November 19, 2014
WASHINGTON (AP) – U.S. homebuilders' confidence rebounded in November as both sales expectations and buyer traffic improved.
The National Association of Home Builders/Wells Fargo index rose to 58 this month, up from 54 in October. That puts the index just short of September's reading of 59, which was the highest level since November 2005, shortly before the housing bubble burst.
12. US New-Home Sales Close to Flat in September
- Monday, October 27, 2014
WASHINGTON (AP) — U.S. sales of new homes were nearly flat in September, after the government sharply revised downward what was initially an August surge in buying.
New-home sales edged up 0.2 percent last month to a seasonally adjusted annual rate of 467,000, the Commerce Department reported Friday. The report also revised down the August sales rate to 466,000 from 504,000.
13. Volatile Apartment Sector Reduces US Home Building
- Friday, September 19, 2014
WASHINGTON (AP) – U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly.
14. Zillow Buying Trulia to Build Real Estate Titan
- Tuesday, July 29, 2014
NEW YORK (AP) — Zillow and Trulia, two companies that changed the way people shop for homes, are combining.
Real estate website operator Zillow Inc. is buying its rival in a $3.5 billion deal that will make the biggest player in the online real estate information market.
15. Crye-Leike Removes Some Listings From Websites
- Wednesday, June 4, 2014
Memphis-based Crye-Leike Realtors Inc. is pulling its Little Rock and Hot Springs, Ark., listings from Zillow.com and Trulia.com, two of the Web’s biggest third-party listing services.
16. A Fading Middle-Class Perk: Lower Mortgage Rates
- Monday, April 28, 2014
WASHINGTON (AP) – For three decades, the U.S. middle class enjoyed a rare financial advantage over the wealthy: lower mortgage rates.
Now, even that perk is fading away.
Most ordinary homebuyers are paying the same or higher rates than the fortunate few who can afford much more.
17. US Home Market: Few Buyers and Not Enough Sellers
- Friday, April 4, 2014
WASHINGTON (AP) – Entering the 2014 spring buying season, the U.S. housing market faces an unusual dilemma: Too few people are selling homes. Yet too few buyers can afford the homes that are for sale.
18. Crye-Leike Drops 2 Third-Party Listing Services
- Thursday, January 30, 2014
Memphis-based Crye-Leike Realtors Inc. has yanked its Memphis-area listings from Zillow and Trulia, two of the Web’s biggest third-party listing services.
19. Beverly Hills Estate Owned by Elvis for Sale
- Monday, October 15, 2012
The former Beverly Hills home of the late Elvis Presley and his wife Priscilla is up for sale for a cool $12.9 million.
Real estate website operator Trulia says the home hit the market Wednesday.
20. Trulia: Underwriters Fully Exercise Option
- Monday, September 24, 2012
Real estate website operator Trulia, which climbed a hefty 41 percent in its public debut, says that the underwriters of its initial public stock offering have fully exercised their option to buy more shares at the IPO price.
21. Renshaw Property Mgmt. Launches Rental App
- Thursday, May 17, 2012
Memphis-based Renshaw Property Management recently launched an app seeking to simplify the renting process by allowing users to filter the company’s available properties by price, neighborhood and home features.
22. Chandler Event To Highlight Q1 Housing
- Wednesday, April 25, 2012
Shelby County home sales increased 20 percent from January to March compared to last year, but that number requires some reading between the lines.
That’s why real estate information company Chandler Reports is hosting its “Master Your Market: First Quarter Update” event for local agents, appraisers, builders, investors and bankers Thursday, May 3.
23. Now Renting: Luxe Condos Built for the Global Rich
- Wednesday, June 1, 2011
The Rental Class has never had it so good.
Due to a glut of glitzy condo towers and the need to appease skittish lenders some developers have found a new use for the gilded, clubby preserves once meant for buyers who could afford the seven-figure price tags. They're renting them out and offering all of the perks normally reserved for the elite. The hand-watered grass roofs and outdoor movie theaters. The heated, valet-attended porte-cocheres. The pet spas offering canine cardio and play dates for your puppy.
24. For Real Estate, a Giant Spring Clearance Sale
- Monday, March 28, 2011
In suburban Chicago, it's paradise to be a homebuyer.
At the Millbrook Pointe development in quaint and pristine Wheeling, a $269,000, brick-and-stone townhouse comes with $25,000 in free upgrades, including wood-burning fireplaces, all-stainless steel kitchens and marbled bathrooms tricked out with double-bowl vanities and whirlpool soaker tubs.
25. On the Go
- Tuesday, February 1, 2011
From seasoned veterans to young agents, smart phone technology enables real estate professionals to work from virtually anywhere.
But with new applications incessantly hitting the market, it can be a challenge to keep up with the latest trends.
26. Shadows of Doubt
- Monday, November 29, 2010
As the housing market continues to improve, a significant backlog of foreclosed and distressed properties that have not been put on the market could bring the recovery to a screeching halt.
Many lenders across the nation – mostly banks – are struggling to keep up with the overwhelming number of borrowers who have stopped making their mortgage payments. And with the fledgling recovery in housing still weak, banks, institutional investors and even some homeowners who want to sell their homes are waiting until the market shows marked improvement.
27. Median Home Prices Up in 2Q in Most US Cities
- Thursday, August 12, 2010
WASHINGTON (AP) – Home prices rose in nearly two-thirds of U.S. cities this spring as buyers took advantage of tax incentives that gave the struggling housing market a temporary jolt.
The median sales price for previously occupied homes rose compared with last year in 100 out of 155 metropolitan areas tracked in the April-to-June quarter, the National Association of Realtors said Wednesday. That compares with 91 out of 152 cities in the January-to-March quarter. Fourteen cities had double-digit price increases.
28. Selling a Home: Pricing Right in a Housing Slump
- Wednesday, August 11, 2010
NEW YORK (AP) – The good news for sellers: Your house will sell. The bad? Only if the price is just right.
That could mean biting down hard and slashing tens of thousands from your ideal listing price if you're serious about selling. And you should be prepared to get even less than that.
29. Selling Your Home? Price Low, Present Well, Wait
- Friday, April 23, 2010
CHICAGO (AP) - You're finally ready to sell your house. But so are your neighbor and the couple down the street.
This means you have to work harder at it than just a few years ago when putting a "For Sale" sign on your lawn might have been enough. A slow economy and a record level of foreclosures have caused the supply of housing to exceed demand in many markets. So competition among sellers is fierce.
30. November Home Sales Soar 7.4 Percent
- Wednesday, December 23, 2009
Home sales surged last month to the highest level in nearly three years, reflecting an extraordinary level of federal support that has pulled the housing market back from the worst downturn since the Great Depression.
31. Mobile Apps for Real Estate Go Beyond Search
- Tuesday, December 22, 2009
LOS ANGELES (AP) - Hunting for a home or apartment on the go seems to get easier with every new mobile phone application.
The latest apps and mobile sites include social networking features and even suggestions for the best places to shop.