Tag: Home Sales

Economist: TRID is Not Affecting Housing Market Potential

Economist: TRID is Not Affecting Housing Market Potential DSNews   by:  Brian Honea   January 19, 2016 While November’s substantial decline in existing-home sales was largely attributed to the impact of the TRID, or “Know Before You Owe” mortgage rule, which went into effect on October 3, one economist said the CFPB’s controversial rule is […]

Housing Outlook for 2016: Higher Home Sales and Prices, Falling Refi Volumes

DSNews  By:  Kerri Panchuk  December 7, 2015 The year 2016 is expected to usher in the creation of 1.25 million new households, higher rental demand, increased home sales, and a rise in home purchase loan originations even as refinancing volume plummets, CoreLogic’s Chief Economist predicted Monday. Dr. Frank Nothaft, senior vice president and chief economist […]

Why Are Discounted Distressed Sales Not Pulling Down Non-Distressed Home Prices?

DSNews      BY:  Brian Honea  December 3, 2015 Why Are Discounted Distressed Sales Not Pulling Down Non-Distressed Home Prices? When distressed properties account for a large share of all residential home sales, it tends to pull down the prices of non-distressed homes, since foreclosed and REO properties typically sell at a discount to non-distressed […]

Survey: Investors Preferred Flipping to Renting in Q4

Lisa has an excellent investor rehab program.   Please contact A & A Mortgage for more information. DSNews:  Author: Brian Honea January 21, 2015 A nationwide survey of real estate investors bidding on properties offered for auction during the fourth quarter of 2014 revealed that flipping was the preferred investing strategy over renting, according to Auction.com‘s Q4 […]

Fueled by Lower Gas Prices, Consumer Sentiment Reaches Highest Level in a Decade

DSNews:  Author: Tory Barringer January 16, 2015 American consumers are heading into 2015 feeling good about their economic prospects, according to a preliminary confidence measure. A first-look reading of the University of Michigan/Thomson Reuters consumer confidence index shows the measure climbed to 98.2 as of mid-January, up nearly five points from a final December reading […]

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