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Nearly Three-Quarters of Homeowners Thinking of Selling in 2014

LendingTree released recently the results of an online survey conducted near the end of the last year. According to the findings, more than two-thirds--69 percent--of respondents have a positive outlook on housing this year, and 63 percent hold a similar view for the economy at large. With hopes this high, 71 percent of respondents said they are considering selling their home in 2014. Out of that group, the majority said they would have to see their home's value increase before acting.

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Suspect Mortgage Applications on the Rise

As if this month's regulatory changes weren't enough, lenders have another problem to grapple with: According to stats released by Kroll Factual Data, incidents of potential mortgage fraud are on the rise. Between the second and third quarters of 2013, the company recorded a 10.4 percent average increase in "possible fraudulent activity" in loan applications submitted for review. "The call for increased vigilance and processes for mitigating this risk is at a pitch not to be discounted or ignored," said Kroll president Rod Bazzani.

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FHFA Records Price Gains for 22nd Straight Month

The Federal Housing Finance Agency's (FHFA) monthly House Price Index (HPI) slowed its upward march substantially in November, rising only 0.1 percent compared to October's 0.5 percent. November's increase marked the 22nd straight monthly gain in FHFA's purchase-only, seasonally adjusted index. As of the end of the month, the U.S. index was 8.9 percent below its April 2007 peak, resting at roughly the same level as it was in April 2005.

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2013 Existing-Home Sales Strongest in Seven Years

Existing-home sales finished 2013 with a slight increase, closing the book on the strongest year for sales since 2006, the National Association of Realtors (NAR) reported Thursday. Total existing-home sales--including all completed transactions of single-family homes, townhomes, condominiums, and co-ops--increased 1.0 percent month-over-month to a seasonally adjusted annualized rate of 4.87 million last month. For all of last year, NAR estimates there were 5.09 million existing-home sales, a 9.1 percent improvement from 2012.

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Recovery Expected to Enter ‘Middle Innings’ in 2014

While the housing market is still far from normal, it is inching that way, according to a report released Thursday from Zillow. Last year's skyrocketing home price appreciation, frenzied demand from investors, and high tide of negative equity are all expected to subside somewhat this year, according to the real estate company. In fact, some of the markets that posted the highest price gains in 2013 are already slowing, a welcome sign for those that were at risk of crossing into "bubble territory."

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