The topic of bubbles forming in the housing market is something that has been thrown around for quite some time. As home prices soar to new heights—with no sign of decline—housing bubbles appear to be popping up in many markets and may be here to stay.
Read More »Millennials Will Migrate to Up-and-Coming Housing Markets in 2016
America's most-talked about generation—millennials—are expected to impact the housing market heavily in 2016. As home prices in popular metros rise and affordability problems persist, this generation is expected to weigh other options in the near future.
Read More »Real Estate & Construction Job Sectors Show Strong Growth
Although overall job openings, hires, and separations were little changed at the end of October 2015 compared to the previous month, the construction and real estate and rental and leasing sector experienced some positive changes.
Read More »Buyers vs. Sellers: Who has the Advantage?
This year has been dubbed as one the best in terms of home prices and sales, especially during the spring and summer seasons. One competition that has been in the balance for all eternity is the contest between buyers and sellers. It's the age-old competition in the history of the housing market, but only one can ultimately have the power.
Read More »Potential Fed Rate Hike Will Hit First Time Homebuyers Hardest in 2016
The Federal Open Market Committee will convene next week for the last time this year and are expected to sweep the industry will a change to the federal funds rate, something that has not been done since June 2006.
Read More »CFPB Outlines Potential Changes to Consumer Complaint Database
The Consumer Financial Protection Bureau (CFPB)’s Consumer Complaint Database has generated much controversy since June when it began publishing narratives of complaints from consumers. So much so that CFPB Director Richard Cordray issued a rare public response to the criticisms in late November.
Read More »2016 Housing Forecast: Home Sales and Prices Rise, Refi Volumes Fall
The year 2016 is expected to usher in the creation of 1.25 million new households, higher rental demand, increased home sales, and a rise in home purchase loan originations even as refinancing volume plummets, CoreLogic’s Chief Economist predicted Monday.
Read More »Where High Net Worth Individuals Live–And Why You Can’t Live There Too?
If affordable housing is your goal, there is a strange corollary between what cities are considered costly and which real estate markets house the nation’s wealthy.
Read More »Housing Affordability Drives Purchase Sentiment Down in November
As the cost of housing continues to rapidly rise, consumers can hardly keep up, especially as their income remains stagnant. However, despite the lowering consumer financial sentiment, economic conditions lift the housing market upward.
Read More »High-LTV Lending Dominates FHA & VA Programs
According to Black Knight Financial Services, Inc., latest Mortgage Monitor Report, high LTV purchase originations rose 20 percent in the third quarter of 2015, compared to the 13 percent increase in the purchase market overall.
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