Monday, April 21, 2014
Sunday, April 13, 2014
Mortgage Availability Hits 3-Year High
Sunday, April 6, 2014
Retail Rents Rise as Construction Stays Flat
Sunday, March 30, 2014
More Banks Lower FICO Score Requirements
Carrington Mortgage Services is the latest company to announce that it has lowered its minimum FICO score to 550. It also has expanded guidelines on several FHA, VA, and USDA loan programs to aid those with FICO scores below 640.
Friday, March 28, 2014
Obama Signs Flood Insurance Relief Into Law
Sunday, March 16, 2014
Senate Passes Flood Insurance Bill
Sunday, March 2, 2014
Tax Reform Proposal Would Dramatically Alter Housing Landscape
Thursday, February 20, 2014
Many housing experts have predicted a slowdown in investor activity this year, but investors don’t appear to be fading away from the market. They might just be shifting their focus to different types of properties, as distressed inventories dry up in many markets.
Monday, February 10, 2014
Senate Passes Flood Insurance BillOn Jan. 30, 2014, the United States Senate voted 67-32 to approve the Homeowner Flood Insurance Affordability Act (S. 1926), sponsored by Senators Menendez (D-NJ) and Isakson (R-GA).
This bipartisan legislation, an NAR member priority, calls for a 4-year timeout on rate increases triggered either by a property’s sale or a flood map update for a property with previously grandfathered rates.
Monday, February 3, 2014
Foreclosure Pipeline Gradually Being Cleaned OutAs the foreclosure crisis continues to recede, some parts of the country remain at elevated levels. Five states now account for nearly half of all the completed foreclosures in the nation —Florida, Michigan, California, Texas, and Georgia, according to CoreLogic’s latest foreclosure report.
Monday, January 27, 2014
Home Sales in 2013 Rise to Strongest Level in 7 YearsThe housing market has been experiencing a “healthy recovery” over the past two years, with home sales last year rising to the highest level since 2006, according to the National Association of REALTORS®' latest housing report.
“Existing-home sales have risen nearly 20 percent since 2011, with job growth, record low mortgage interest rates, and a large pent-up demand driving the market,” says Lawrence Yun, NAR’s chief economist. “We lost some momentum toward the end of 2013 from disappointing job growth and limited inventory, but we ended with a year that was close to normal given the size of our population.”