Ginnie Mae, the government-owned corporation that attracts global capital into the housing finance system, has notified a small number of issuers in the Ginnie Mae multi-issuer mortgage-backed security ...
Read More »Living it Up: High Demand Fuels Luxury Home Prices
Life's a beach for the luxury homes market which ended December with a year over year increase of 7.4 percent to an average of 1.76 million in the ...
Read More »Inventory and Affordability Issues Soften Existing Home Sales Growth
Existing home sales slipped 3.6 percent to 5.57 million in December from a downwardly revised 5.78 million in November 2017, according to the monthly existing home sales report ...
Read More »Homeowners Might Not be Ready to Sell Just Yet
Low inventory is expected to be the biggest market driver in 2018 as price growth remains strong and homeowners refrain from selling.
Read More »50% U.S. Households Won’t Have Enough Retirement Income
An index that gauges the country’s retirement risk shows that while rising home prices and stock market gains have decreased the risks associated with retirement, today’s working-age population will need to save more or work longer to retire comfortably.
Read More »Name your Price, Buyers Tell Homeowners
2017 was a great year for homesellers with one in four homes in the U.S. selling above their asking price and sellers netting an average of additional $7,000 over their initial price offer.
Read More »Going, Going, Gone… Home Sales to Increase in 2018
Home prices are expected to rise by 4-8 percent in across most of the U.S. housing market during a year that will continue to reap profits for homesellers.
Read More »Northwest’s on a Roll in a Booming Housing Market
The overall housing market in the U.S. is showing an upward trend for 2018, with maximum home appreciation forecasted in the Northwestern region of the country. The Northeastern region on the other hand is expected to perform well below expectations.
Read More »10 Hottest Housing Markets of 2018
Healthy income growth and abundant job opportunities kept Silicon valley hubs and South Eastern U.S. cities at the top of the list of the hottest housing markets of 2018.
Read More »“Forever Homes” Not Forever Anymore
Fifty-six percent of homebuyers deem that “forever homes” are outdated. With changing lifestyles and shorter tenure in homes, buyers are looking to new home construction rather than a resale in order to get the exact floor plan they want. Higher interest rates are not a turn off for the present-day buyer who prefers convenience to price.
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