Real Estate News & Insights
The Mortgage Market Is Healthy. That Doesn’t Mean Every Homeowner Is
The mortgage market remains healthy overall, but FHA serious delinquencies have climbed sharply. John G. Stevens argues that the industry should understand why borrowers are struggling before today’s warning signs become tomorrow’s foreclosure statistics. Continue Reading The Mortgage Market Is Healthy. That Doesn’t Mean Every Homeowner Is
There Isn’t One U.S. Housing Market. We Need to Stop Talking Like There Is
U.S. home prices rose 2.1% nationally, but some states gained more than 8% while others declined. The national housing headline is telling only part of the story. Continue Reading There Isn’t One U.S. Housing Market. We Need to Stop Talking Like There Is
Hospitality Ventures Management Group Hires Pete Sams as President
Sams joins HVMG from Highgate Hotels, where he served as president. Continue Reading Hospitality Ventures Management Group Hires Pete Sams as President
California Home Sales Hit the Summer Doldrums
California’s statewide median home price softened again in July, falling below the $900,000 benchmark for the first time in four months. Continue Reading California Home Sales Hit the Summer Doldrums
NAR Launches Commercial Real Estate Demand Index
The index will also compare each metro with the others, using a score of 100 to represent the average metro. Continue Reading NAR Launches Commercial Real Estate Demand Index
New York State Home Sales Up 4.5%
The statewide median sales price in July was $480,000, a 6.7% surge from the $450,000 median price recorded in June. Continue Reading New York State Home Sales Up 4.5%
CoStar Group Taps Steve Price to Become President of Ten-X
Price joins CoStar Group after 12 years in senior leadership roles at Auction.com, most recently as executive vice president of foreclosure auction services. Continue Reading CoStar Group Taps Steve Price to Become President of Ten-X
Pending Home Sales Declined 2.3%
“The highest mortgage rates of the year hit right in the middle of summer, and that’s pulling back contract signings,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Declined 2.3%
Housing Starts Plummeted in July
“The July decline in housing starts reflects broader weakness in the housing market,” said NAHB’s Danushka Nanayakkara-Skillington. Continue Reading Housing Starts Plummeted in July
Cash Purchases for Homebuying Decline Amid Stabilizing Market
Among states, Mississippi (47.2%), Montana (45.9%), New Mexico (43.8%), Missouri (42.0%) and Florida (41.3%) posted the highest cash shares. Continue Reading Cash Purchases for Homebuying Decline Amid Stabilizing Market
Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction
The new bill would also create pre-approved housing plans designed to streamline city approvals and permitting. Continue Reading Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction
CFPB to Stop Publishing Consumer Complaints Against Financial Services Companies
The agency claimed these consumer-submitted complaints were often confusing and contained misleading data. Continue Reading CFPB to Stop Publishing Consumer Complaints Against Financial Services Companies
