While many people daydream about how they would spend their billions in winnings if they were to win a major lottery drawing, one lottery winner in California is bringing his dream to life by directing his newfound fortune into luxury homes. According to a report in...
Roughly one-third of Americans are citing housing costs as the economic issue that worries them the most, according to a new Quinnipiac University poll. In a survey of 1,910 adults polled between Sept. 7-11, roughly half of respondents (49%) said the price of gas and...
A new platform that promises buyers the ability to purchase a home with a mortgage as low as 2% has begun operations. The start-up Roam uses the mortgage assumption process where the buyer will take over (or assume) the existing mortgage terms from the seller. All...
Social and economic concerns are among the chief factors contributing to homeowners’ plans to sell and move, according to a new study released by Redfin (NASDAQ:RDFN). Nearly one in five (19.3%) respondents polled by Redfin who have plans to sell their home in the...
A total of 33,952 residential properties had foreclosure filings in August, up 7% from the previous month but down 2% from one year earlier, according to data from ATTOM. Nationwide, one in every 4,113 housing units had a foreclosure filing last month. The states with...
Mortgage application activity went into decline again last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down by 0.8% on a seasonally adjusted basis...
Hits and Misses for the Real Estate Week of May 11-15
