U.S. Housing Market
National Vacancy and Zombie Foreclosure Rates Decline
The number of zombie properties rose quarter-over-quarter in 21 states and the District of Columbia. Continue Reading National Vacancy and Zombie Foreclosure Rates Decline
Median Monthly Housing Payment in Biggest Decline Since Last November
Redfin attributed the lower payment level to declining mortgage rates. Continue Reading Median Monthly Housing Payment in Biggest Decline Since Last November
The 10 Most Expensive US Home Sales for June
All 10 of the properties sold for more than $30 million. Continue Reading The 10 Most Expensive US Home Sales for June
Pennsylvania’s Median Home Sales Price Hits New High
Also on the rise were the number of listings on the market – 41,600, a 9% rise from the 38,100 recorded the same time last year. Continue Reading Pennsylvania’s Median Home Sales Price Hits New High
Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems
Approximately 640 million acres of land are federal owned, accounting for nearly one-quarter of the nation’s landmass. Continue Reading Report: Opening Federal Land for Development Will Not Solve Basic Housing Shortage Problems
Home Prices Up (Again) While Inventory Shrinks (Again)
“Buyers still struggle with the triple threat of rising listing prices, record-high mortgage rates, and limited inventory,” said Realtor.com’s Danielle Hale. Continue Reading Home Prices Up (Again) While Inventory Shrinks (Again)
Which is More Stressful: Homebuying or Dating?
67% of baby boomers felt divorce was more stressful than homebuying. Continue Reading Which is More Stressful: Homebuying or Dating?
Study: 81% of U.S. Real Estate Firms are Single-Office Operations
Only 30% of firms expect profitability or net income from all real estate activities to increase this year. Continue Reading Study: 81% of U.S. Real Estate Firms are Single-Office Operations
John Cady Named President of Citywide Home Loans
“The company is the perfect mix of culture, service and programs that many mortgage professionals have been looking for,” said Cady. Continue Reading John Cady Named President of Citywide Home Loans
Nearly 5.5 Million Homes Are Vacant Across the Largest Metro Areas
The average vacancy rate across the 50 largest U.S. metros is 7.22%. Continue Reading Nearly 5.5 Million Homes Are Vacant Across the Largest Metro Areas
Mortgage Applications Plunge to 27-Year Low
Among the federal programs, the FHA share of total applications increased to 14.5% from 14.1% the week prior. Continue Reading Mortgage Applications Plunge to 27-Year Low
August Saw the 139th Consecutive Month of Year-Over-Year Home Price Increases
The median sales price for a single-family home remained at $375,000 in August. Continue Reading August Saw the 139th Consecutive Month of Year-Over-Year Home Price Increases
Fannie Mae in Data Partnership with Pulsenomics
Terry Loebs, founder of Pulsenomics, said this partnership is “the opening of an exciting new chapter in the life of our nearly 15-year survey research effort.” Continue Reading Fannie Mae in Data Partnership with Pulsenomics
Onward Home Mortgage, a New Company, Begins Operations
The company is headquartered in Roswell, Georgia and specializes in residential purchase mortgage lending. Continue Reading Onward Home Mortgage, a New Company, Begins Operations
RentSpree’s New Credit Builder Reports On-Time Rent Payments to Credit History
RentSpree facilitates secure online rent payments that can automatically be reported to TransUnion. Continue Reading RentSpree’s New Credit Builder Reports On-Time Rent Payments to Credit History
