Rising home prices, especially in expensive metros mean that million-dollar homes are getting increasingly common. As a result, homebuyers looking at luxury living are now likely to shell out $5 million and above to get a taste of the high-life.
Read More »Mortgage Origination Report Shows FICO Scores Dropping Across Loan Products
Dropping credit scores point to loosening credit standards to attract a dwindling refinance market.
Read More »Buffett Talks Market Conditions and Big Banks
Warren Buffett talks current market conditions, and may have admitted which of the big banks is his favorite. Find out what the billionaire investor admitted in this recent interview.
Read More »Coast to Coast, Realtors Report Strong Housing Gains
Both California and Florida housing markets are seeing steady activity despite fluctuations in market conditions, according to two reports released on Monday by each state’s Realtors associations. Because of seasonal price declines and higher household income, California’s housing affordability increased. Meanwhile, Florida Realtors reported higher median sales prices for single-family existing homes.
Read More »Fannie Mae Stays Bullish Looking at 2017
GSE says slow consumer spending in January should not dampen the national economy. Jobs and residential construction key to GDP growth.
Read More »Home Prices Will Continue to Rise
Home Prices have been rising since 2012 and data from CoreLogic shows how that trend will continue.
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