News Category: Real Estate News

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February Jobs Impress

Fed Has Green Light

February brought the economy an impressive 313,000 jobs and 4.1 percent unemployment, with average hourly wages up four cents to $26.75. Construction jobs, notably, rose by 61,000.

“ employment numbers strengthen the view that the U.S. economy is still on a strong growth trajectory,” said Gad Levanon,...

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Reputation and Relationships Win the Day

A veteran REALTOR® of more than 35 years and an active industry advocate, Charlie Oppler has a unique vantage point: he lives and breathes the business from both the grass-roots and big-picture level. As COO of Prominent Properties Sotheby's International Realty, Oppler and his partner—CEO Randy Lyn Ketive—have taken...

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HUD Considers Changes to Mission Statement, ‘Free From Discrimination’ Possibly Removed

The U.S. Department of Housing and Urban Development (HUD) is considering modifying its mission statement, eliminating “free from discrimination,” reported several sources Wednesday. The agency's current mission statement, in part:

HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working...

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Confidence in Housing U-Turns

Confidence in housing u-turned in February in the Fannie Mae Home Purchase Sentiment Index® (HPSI), with the HPSI overall posting 85.8, 3.7 percentage points lower than the month prior and 2.5 percentage points lower than the year prior.

The backtrack was caused by converging influences, says Doug Duncan, chief economist...

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