The National Association of Realtors found pending home sales fell in August as contract signings modestly declined, but they still project healthy supply and demand and price growth.
Read More »Home Prices Edge Up in July
Black Knight Financial Services' Data and Analytics division released its July 2015 Home Price Index report, finding that U.S. home prices were up 0.4 percent for the month, and have gained 5.3 percent from one year ago.
Read More »Auction.com Hires CFO & VP of Customer Engagement
Irvine, California-based online real estate marketplace Auction.com has announced the hiring of Aman Kothari as its CFO and former eBay executive Kristine Chin as VP of customer engagement. ...
Read More »Major Banks’ Third-Party Mortgage Servicing Portfolios Continue to Decline
Major banks across the U.S. are being cautious about adding mortgages that they did not originate to their balance sheets, and in turn, have recorded drastic declines in their third-party mortgage servicing portfolios since early 2009, shortly after the economic downturn in 2008.
Read More »Mortgage Rates Lower Following Fed’s Hike Deferment
Mortgage rates lowered to 3.86 percent for the week ending September 24, 2015 after the Federal Reserve decided to keep interest rates near zero last week.
Read More »New Home Sales Sales Climb to Seven-Year High in August
HUD and the U.S. Census Bureau jointly announced Thursday the new residential sales reached a seasonally adjusted annual rate of 552,000 in August 2015, the highest level since February 2008.
Read More »Mortgage Loan Application Defects Lower in August
Mortgage loan application defects took an unexpected turn in August and declined 2.4 percent, but there are questions as to whether or not loan defects will continue this downward trend.
Read More »Housing Recovery Linked Directly to Credit Loosening, Report Says
Pro Teck's Home Value Forecast found that in markets like San Francisco and Detroit are experiencing different recoveries and one reason for this is the credit availability.
Read More »Housing Market Displays Signs of Health; Suggests Sustainable Expansion in the Future
The majority of metro housing markets are showing signs of health, which will make for sustainable growth in the near-term, according to Nationwide's Health of Housing Markets Report.
Read More »Housing Markets Continue to Show Stability
As more consumers catch up on their mortgage payments, employment progresses, and home prices rebound, the housing market continues to improve and exhibit more stability.
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