Tag Archives: Investors

Even after witnessing the aftermath of the housing collapse and the crisis that followed, Americans still hold positive perceptions of ownership, according to a research study from Harvard's Joint Center for Housing Studies. Despite these initial findings, the Center says more research is necessary to determine both the perceived and actual non-financial benefits of homeownership after the housing crisis--especially given the government's commitment to homeownership for American families.

The Wisconsin Department of Financial Institutions closed on Friday the Bank of Wasau, appointing FDIC as receiver. As of June 30, the bank had approximately $40.7 million in deposits and $43.6 million in total assets.

The Wholesale Lending Division of Carrington Mortgage Services, LLC announced the appointment of industry veteran Rey Maninang to SVP and national sales director for the company's wholesale channel.

NAHB's 55+ Housing Market Index (HMI)--a measure of builder confidence in that particular market sector--increased 24 points over the same period last year.

The Warren Group, a collector of public record data on real estate sales, financing, and ownership, has added a new building permit database to its data suite.

The national median home price showed its strongest year-over-year gain in more than seven years last quarter, according to the latest quarterly report from the National Association of Realtors (NAR). NAR's data shows the median price of an existing single-family home increased 12.2 percent year-over-year to $203,500--the largest improvement since Q4 2005. Prices were boosted by shrinking market share of lower-priced homes and distressed sales (which accounted for 17 percent of last quarter's sales).

According to a recent survey conducted by the Mortgage Bankers Association (MBA), applications for new home sales are on the rise.

The Federal Housing Finance Agency (FHFA) put out a release asking for public input on strategies for scaling back the GSEs' presence in the multifamily housing finance market in 2014.

Home values are on track to reach more than $167,000 by the end of 2013, according to economists and real estate experts surveyed by Zillow and Pulsenomics. According to Zillow, respondents predicted median home values will rise to $167,490 by the end of this year, a gain of 6.7 percent over 2012. The forecast is a significant jump from the 5.4 percent annual increase expected in the last quarterly survey. Based on current expectations, panelists on average predicted home values could approach new record highs by 2017.

"GSE reform," according to White House propaganda, will end "an era of housing bubble and taxpayer bailouts." Obama's about the bubbles and bailouts, but wrong to blame Fannie and Freddie.