Economic growth in the second quarter fell short of July expectations, presenting a less promising outlook for the rest of the year, according to Fannie Mae’s August 2015 Economic and Housing Outlook.
Read More »Cash Sales Share Lowest Since July 2008
According to CoreLogic's August 2015 Market Pulse report, the share of total residential home sales in May 2015 that was made up of all cash sales was 31.9 percent, down from 35.1 percent in May 2014.
Read More »Rising from the Ranks
A growing number of women are making successful careers in the traditionally male-dominated mortgage industry, but the boardroom remains populated primarily by men. This article examines the strides that women have been making in traditionally male-dominated mortgage and financial sectors. Editor's note: This select print feature appears in the August 2015 edition of MReport magazine, available now.
Read More »Baby Boomer Homeowners Are Remaining in Single-Family Homes, Report Finds
Many people believe that the Baby Boomer generation have started downsizing from their single-family homes to live in apartments. A recent housing insights report from Fannie Mae's Economic & Strategic Research Group challenges this idea, finding that Baby Boomers are not fleeing to apartments but remaining in their homes.
Read More »Existing-Home Sales Soar to Highest Level in Eight Years
Existing-home sales rose higher in July, while low inventory levels and rising prices are the largest factors lowering sales to first-time buyers to their lowest share since January, according to a report from the National Association of Realtors released Thursday.
Read More »Study Examines Housing Policy Impact on Inequality
Housing policy affects income inequality and single-family housing in a number of ways, according to a recent report from the Urban Institute.
Read More »Household Repair Spending Indicates Recovering Housing Market
Home Depot recently revealed its second quarter results revealing that it experienced a record number of transactions in the last three months. Multiple market watchers believe the health of home depot is a sign of the housing market recovery overall, CNNMoney said in a report.
Read More »Home Sales Lower in July, but Still Higher Than Last Year
Home sales fell in July, but still managed to hover over last July's levels and reach new heights not seen since 2008, according to the RE/MAX July 2015 National Housing Report released Tuesday.
Read More »U.S. Economic Growth Expected to Ease as Unemployment Remains Stagnant
Forecasters expect U.S. economic growth to slow down slightly over the next four years as unemployment remains steady.
Read More »Mortgage Applications for New Home Purchases Lower in July
Applications for new home purchases dropped 4 percent in July compared to the prior month, according to the Mortgage Bankers Association Builder Application Survey data for July 2015.
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