Happy Friday! We’re ready to start a busy weekend (at Casa Latina Home Expo tomorrow, check it out!), so we have just a few stories to share this terrific afternoon.

Realtors More Bullish On New Home Sales Than Builders
Lawrence Yun, chief economist for the National Association of REALTORS^® (NAR), is optimistic about the new home market–even more so than homebuilders.

Foreign Buyers Are Pumping Up Prices in U.S. Luxury Housing
There are signs foreign buyers are on a buying spree for residential properties in the United States, which is pushing up the prices on luxury properties.

Foreclosures spike as banks ramp up repossessions
More than five years after the foreclosure crisis began, the number of borrowers losing their homes is rising again.

Brokers Concerned about Generation Y but Expect a Better 2015
NAR’s Member and Consumer Survey Research group discusses the results from their 2014 Profile of Real Estate Firms.

NAR vote could give broker and agent listing websites a shot in the arm
The NAR board of directors of has passed policy recommendations designed to help broker listing websites become more friendly to consumers and competitive with third-party portals.

Move, Inc. Officially Acquired by News Corp
News Corp announced today that it has successfully completed its acquisition of Move, Inc.

Millennials need to be wooed
Millennials need to be shown that, despite their student loans, there’s a massive incentive for them to put money aside to buy, and there are large swaths of the millennial generation that are making far more money than their elders.

Connecting with Growing Hispanic Market at Casa Latina Home Expo
Better Homes and Gardens^® Real Estate is a sponsor at the Casa Latino Home Expo in New York City tomorrow to further connect with the growing market.

9 Red Flags to Watch for When Picking a Real Estate Agent
Michael Soon Lee of Better Homes and Gardens^® Real Estate Mason-McDuffie discusses the top red flags to look for when choosing a real estate agent.

Wallpaper: Back in the Game
Robyn Shea of Better Homes and Gardens^® Real Estate 43 Degrees, discusses the current trends for wallpaper and how it has great appeal for trendsetters and millennial buyers.