Strong New Home Sales Report; White House on Housing Bill; Rates Bouncing?

With the third set of new home sales data in 21 days it seems the Census Bureau has caught up from the partial government shutdown. Whether because of the delay, or just in the normal course of revisions, changes to the December numbers were dramatic enough to mention. First reported at a seasonally adjusted rate of 621,000 units, a surprising 16.9 percent increase , they were revised even higher to 652,000. Now a second revision has lopped more than 60,000 units off that pace, reducing it to 588,000 and erasing the entire percentage gain. Getting back on track, the most recent data shows newly constructed homes sold during February at a seasonally adjusted annual rate of 667,000 units, an increase of 4.9 percent from the 636,000-unit pace in January. That rate was revised up from 607,000 units

from
http://www.mortgagenewsdaily.com/reports/newsletter/2019/3/29/3852

Zillow Now Has More Than 100 Canadian Listing Partners

from
http://zillow.mediaroom.com/2019-03-29-Zillow-Now-Has-More-Than-100-Canadian-Listing-Partners

Selling in the Spring Market - Show 529

Real Estate Today Radio - SHOW 529

On this week's Real Estate Today, it's our special show "Selling in the Spring Market."

This Week's Show Includes:
- Top News Of The Week
- The Open House
- Getting ready to Sell
- Smart Home Technology
- Get REALTOR(R)

Become a part of the community at http://retradio.com!

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http://retradio.com

Cooling Market Provides New Opportunity for First-Time Buyers

Home shoppers searching for entry-level homes will find more homes to choose from and slowing home value appreciation, according to a RealEstate.com analysis

from
http://zillow.mediaroom.com/2019-03-28-Cooling-Market-Provides-New-Opportunity-for-First-Time-Buyers

Paint and Landscape, But Then What? Here's How Home Sellers Should Prep to Get the Biggest Bang for their Buck

Not all renovations and upgrades are equal, and some might actually cost sellers in the long run. Here's how to prep smarter, not harder.

from
http://zillow.mediaroom.com/2019-03-26-Paint-and-Landscape-But-Then-What-Heres-How-Home-Sellers-Should-Prep-to-Get-the-Biggest-Bang-for-their-Buck

HUD Sues Facebook Over Housing Discrimination; Pending Sales Ebb; Guarding Against Rate Reversal

Facebook, which has been accused recently of everything short of disappearing Jimmy Hoffa, is in more hot water. The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging Facebook with violating the Fair Housing Act. HUD said the huge social media platform had encouraged and enabled and thus has caused housing discrimination. The Charge, filed though HUD's office of Administrative Law Judges states that, " Because of the way [Facebook] designed its advertising platform, ads for housing and housing-related services are shown to large audiences that are severely biased based on characteristics protected by the Act , such as audiences of tens of thousands of users that are nearly all men or nearly all women. " HUD says Facebook charges advertisers for the ability

from
http://www.mortgagenewsdaily.com/reports/newsletter/2019/3/28/3850

Roaming retailer Krieg Brothers Religious Supply finds unconventional home

After operating for decades downtown, the family-owned business is heading for its third location within the past two years—a carriage house in the Historic Meridian Park neighborhood.

from
https://www.ibj.com/blogs/19-property-lines/post/73093-roaming-retailer-krieg-bros-religious-supply-finds-unconventional-home