As the housing market continues to recover, risk managers also continue to look for potential risks that could affect the market. It seems that natural disasters have become the most common risk, with severe droughts, wildfires and tornadoes filling the headlines. In 2012, natural hazards caused $122 billion in total losses across the country, according to Munic RE, and $62 billion in insured losses. What remains unclear, however, is the direct impact of natural hazards on the $18 trillion in housing assets

The trend of rising home prices continues and is expected to carry on, but don't expect double-digit gains as a norm, analysts say. Home prices rose 12.1% in April, making it the 14th consecutive month of year-over-year increases, according to the latest CoreLogic Home Price Index. This is the largest annual gain since February 2006, a clear sign of a market in recovery mode. However, double-digit gains are also cause for some concern, say experts who recall the unsustainable home price increases before the

Total construction spending rose 0.4% to $860.8 billion in April, following a 0.8% decrease in March. Compared to April 2012, construction spending has risen 4.3%. Manufacturing activity fell to 49 in May after a reading of 50.7 in April. A reading below 50 signals contraction. This was the first contraction after five consecutive months of expansion. Motor vehicle sales rose 2.7% in May to an annualized sales rate of 15.3 million cars and light trucks. Auto sales have steadily recovered since bottoming out

Case illustrates potential peril to real estate agents By Inman News, Thursday, May 2, 2013. Ron Bailey can just picture it: He's showing a rental listing to some prospects when suddenly, a person he's never met thunders, "Are you Ron Bailey?"   "Well, of course I'm Ron Bailey," the Pocono Lake, Pa.- based broker would answer.   Then Bailey says, "Things would start to get ugly."   That's because, in this scenario, the menacing stranger would have sent a considerable

There is optimism regarding the housing market and now a majority of American's feel more positive according to survey results from Gallup.  As part of the "New American Consumer" series investigating housing and homeownership, Gallup polled more than 2,000 Americans and 1,400 homeowners for their opinions on home prices and the state of the market.  Other data measured reasons for renting vs. buying and current and projected homeownership.   Gallup's data showed that 51 percent of those surveyed