DSNews BY: KRISTA FRANKS-BROCK January 23, 2014 Mortgage rates may be rising, but the housing market doesn’t seem to mind. In fact, several indicators have improved alongside rising rates, according to the HousingPulse Tracking Survey released by Campbell Surveys and Inside Mortgage Finance this week. The lending atmosphere is becoming friendlier, especially to first-time buyers. Simultaneously, the average […]
DSNews – BY: Krista Franks Brock – 1/6/2014 After observing a “first in, first out” recovery over the past year in which markets hardest hit during the housing downturn experienced the fastest-paced recovery, Clear Capital is now examining whether the housing market, in fact, follows the allegory of “The Tortoise and the Hare.” The analytics firm observed […]
DSNews BY: Carrie Bay 12/30/2013 Analysts at HomeVestors and Local Market Monitor say the formula for a nearly risk-free single-family investment opportunity is one part job growth, particularly in lower paying jobs, and one part population growth, mixed with relatively low home prices. The fourth quarter report put out jointly by the two companies aggregates […]
DSNews – BY: Krista Franks Brock December 30, 2013 As prices continue rising in the new year—albeit at a slower pace—investors will begin to ease back from the purchase market, but repeat homebuyers will be there to pick up the slack, according to Trulia’s predictions for the housing market in 2014. “2013 was the year […]
DSNews BY: Tori Barrington 10/4/2013 As most housing metrics turned around last year, one vital statistic stayed down: the homeownership rate. However, one analyst at Fannie Mae says that low homeownership—when put in context with other data—might indicate a promising trend in sustainability. According to recently published data from the Census Bureau’s American Community Survey (ACS), the […]
DSNews BY: Ashley R. Harris 1/2/2014 The HOPE NOW Alliance recently announced that an estimated 50,000 homeowners received permanent, affordable loan modifications from mortgage servicers during October 2013. This total includes modifications completed under both proprietary programs and the government’s Home Affordable Modification Program (HAMP). “As HOPE NOW begins to wind down 2013 activities and head into a seventh year […]
DSNews BY: HOWARD GOLDTHWAITE, December 9, 2013 Inventories of homes for sale have been slow to bounce back since the 2007–09 recession, despite steady price appreciation since January 2012.Normally, higher prices reflect robust sales. But lately, prices have been rising even though sales remain stuck at relatively low levels. […]
By: KRISTA FRANKS BROCK, DSNews.com 11/7/13 Delinquency and foreclosure data reveals the housing market is heading back to pre-crisis norms, according to the Mortgage Bankers …See More http://tinyurl.com/ny4t9zg
The Federal Housing Administration (FHA) will be accepting a bailout of more than $1 billion to make up for losses sustained from the agency’s legacy books and its reverse mortgage program. Following reports last week that FHA’s financial situation would require a Treasury draw in the neighborhood of the Obama administration’s $943 million forecast, Commissioner Carol Galante revealed in […]
As the federal government ground to a halt Tuesday, the question of how the shutdown will affect the housing market remains at the front of everyone’s mind. How will the market react? The answer: it depends. Read more here . . . http://tinyurl.com/krzo43o
