Current Market Data
Though the housing market is finally hitting its recovery stride, a University of Utah researcher suggests another housing crash will take place in 2020, and from a most unlikely source – senior citizens. Early last year, the housing market
The combination of low housing inventory and rising home prices is creating a big boost in activity among 2013’s potential homebuyers, Redfin finds. The current housing market is certainly an interesting one. Though numerous sectors of the housing market
Residential construction suffered a heavy blow when the housing market collapsed in 2008, but it’s showed definite signs of recovery in recent months. Few industries suffered more setbacks than residential construction during the housing downturn; the last couple months,
It’s become the eternal question in real estate – when oh when will lending standards ease up? Though the housing market has put up some of its strongest numbers since 2006, the mortgage markets, from the perspective of many
The number of foreign-born homeowners in the U.S. is expected to rise more than 16 percent and hit 2.8 million by 2020, according to new research sponsored by the Mortgage Bankers Association’s Research Institute for Housing America. According to the
The CoreLogic Home Price Index put up its best numbers in nearly seven years in January, with national home prices rising 9.7 percent year-over-year. That’s the 11th consecutive month of of home price increases, and the largest yearly increase
After issuing sweeping judgements on mortgage lending, mortgage servicers and appraisals, the Consumer Financial Protection Bureau (CFPB) has set its sights on another controversial aspect of the homebuying and selling process: the highly lucrative private student loans
The market definitely wasn’t like this a year ago. Have the tables turned, and is Chicago’s market now a seller’s
Every other day, it seems, more information trickles out showing that the real estate markets are on a slow, yet steady, path to recovery, and Lender Processing Services (LPS) has contributed to that trend with its latest data on
Asking prices in February rose 7.0 percent in the Trulia Price Monitor, as the increasing demand in the U.S. housing market continued to push asking prices higher. From January to February, asking prices rose 1.4 percent, and prices are
Well, it finally happened. After six years of jaw-dropping losses, many of them in the tens of billions of dollars, embattled GSE Freddie Mac has emerged victorious in 2012, riding the wave of the housing recovery and reporting its
The foreclosure markets showed definite signs of improvement in the RealtyTrac U.S. Foreclosure & Short Sales Report, which studied distressed property sales in 2012. Altogether, there were 947,995 distressed property sales in 2012, which is down 6 percent from 2011
Residential construction spending was flat in January, though overall construction spending remained above where it was a year ago, according to the latest analysis from the U.S. Census Bureau of the Department of
The government’s Home Affordable Refinance Program, or HARP, started out as a terrific punchline. Though sincere in its aims, the program was saddled with overly restrictive requirements for the nation’s troubled borrowers, and very few were able to take
Freddie Mac’s multifamily housing business increased dramatically in 2012, with the GSE posting its highest volume of multifamily housing business in its
News regarding the housing market has been uniformly positive the last couple of weeks. New home sales in January hit their highest level since 2008. Negative equity is improving. Contract activity has been strong, and the mortgage markets continue