U.S. Housing Market
Mortgage Credit Availability Inched Up During August
“Mortgage credit availability increased slightly in August, driven by a small increase in ARM product offerings, which was similar to what we saw in July,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up During August
Ohio Lawmakers Offer Bill to Prevent Foreclosure on Senior Homeowners
“We have heard from our constituents, calling with real fear of being taxed out of their homes,” said Adam Mathews. Continue Reading Ohio Lawmakers Offer Bill to Prevent Foreclosure on Senior Homeowners
Construction Begins on 42-Unit Boston Affordable Housing Community
Talbot Commons II will be the second phase of the larger Talbot Commons project, which broke ground in 2020. Continue Reading Construction Begins on 42-Unit Boston Affordable Housing Community
Grassroots Movement Seeks to Abolish Ohio’s Property Taxes
Gov. Mike DeWine opposes this initiative. Continue Reading Grassroots Movement Seeks to Abolish Ohio’s Property Taxes
Mortgage Application Activity and Delinquencies Are Rising
The refinance share of mortgage activity decreased to 36.4% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity and Delinquencies Are Rising
Boise Housing Market Forecast
Source: US News --- Located near the foothills of the Rocky Mountains, Boise, Idaho consistently ranks highly among other metro areas for its quality of life and fast growth. Boise is a hub for many industries and a growing tech sector has helped boost the small...
Nearly 9 in 10 first-time sellers think they could have gotten a higher price by making different choices
An overwhelming share of Americans who sold a home for the first time in the past two years wish they had done something differently (84%). A new Zillow® survey conducted online by The Harris Poll finds that even in a sellers' market, many recent first-time sellers...
Opteon Announces Expanded Consumer Appraisal Offerings
Opteon, an international provider of valuation, advisory, and property services, has announced the expansion of its direct-to-consumer business model. This expansion will provide homeowners and buyers, as well as real estate, legal, and tax professionals, with the...
260 Acres in Bel Air: Greater Los Angeles’ Largest and Last Private, Undeveloped Parcel, is For Sale
Senderos Canyon, an undeveloped land opportunity in Los Angeles, CA, USA, comprised of approximately 260 pristine acres in the heart of prestigious Bel Air, is for sale by auction until the deadline of 4pm PT, March 15, 2023. Situated across three contiguous...
Home remodeling is slowing down, but ‘historic boom’ is coming
Source: Yahoo! News --- Americans looking to remodel their home are pulling back, but better days are ahead for the industry. "Remodeling is slowing, but there's a historic boom coming," Eric Finnigan, VP of research & demographics at John Burns Real Estate...
Equifax Adds More Monthly Payments to Consumer Credit Files
Equifax is now offering additional insight into consumer credit by including certain telecommunications (telco), pay TV and utilities attributes available to the mortgage industry. The company says this will help create greater home ownership opportunities for more...
Credit Union Documentary Racks up Festival Wins
A documentary film produced by the digital media division of PenFed Credit Union, the nation's second-largest federal credit union, has been winning awards on the film festival circuit. The documentary short film "The Shot" has won numerous awards and screened for...
S&P Corelogic Case-Shiller Index Declined Again in December
Home price gains continued to drop across the United States according to the latest results for the S&P CoreLogic Case-Shiller Indices. Before seasonal adjustment, the U.S. National Index posted a -0.8% month-over-month decrease in December, while the 10-City and...
Republicans: Affordable housing isn’t just the Democrats’ issue
Source: The Hill --- Expanding affordable housing is commonly considered a Democratic issue. But the issue is tailor-made for Republican approaches to policymaking — and Republicans in Congress should seize this opportunity. A renewed Republican focus on affordable...
Housing market crash: U.S. facing “rapidly evolving catastrophe” – how it will end
Source: AsiaMarkets.com --- The ‘reverse wealth effect’ caused by the escalating housing market crash in the United States will have a profound impact on the nation’s economy. That’s according to best-selling finance Author and former Wall Street analyst, John Rubino....
