BY: Rodney Brooks, Coloradoan November 5, 2014 It was different back in the day. You worked 30 years, got a watch and a pension. Your health care was probably provided by your company’s retiree insurance plan, or even your union. And a highlight of retirement was the ceremonial burning of the mortgage […]
Tag: Homeownership
Freddie Mac Sees Bittersweet Economic Outlook
DSNews BY: Derek Templeton July 22, 2014 Some things are meant to be a little sweet and a little bitter. They’re just better that way. Semi-sweet chocolate and sweet and sour sauce, just to name a few are some of the finest flavors known to man. Unfortunately, the mixture of bitter and […]
FHA Program Aims to Expand Credit; Lower Risk
DSNews BY: Colin Robins May 13, 2014 The Federal Housing Administration (FHA) issued its “Blueprint for Access,” which aims to expand credit access for underserved borrowers by utilizing housing counseling as a means to reduce the possibility of loans becoming seriously delinquent. The announcement highlights a new pilot program, Homeowners Armed with Knowledge (HAWK), which […]
First Quarter Housing Affordability Edges Higher
DSNews BY: Colin Robins May 13, 2013 A decrease in median home prices coupled with steady mortgage rates helped contribute to higher housing affordability in the first quarter of 2014, according to the National Association of Home Builders (NAHB). NAHB, coupled with Wells Fargo, recently published their Housing Opportunity Index (HOI), which found 65.5 percent of new and […]
Florida’s Housing Market Is On the Rise
DSNews BY: Paul Salfen April 23, 2014 More good news has surfaced in the housing market, this time in Florida. According to Florida Realtors, the housing market reported higher median prices, more new listings, and a stable level of inventory in March. Closed sales of single-family homes statewide totaled 20,081 last month, up 2.8 […]
Total Home Sales and Prices Tick Slightly Upward in March
DSNews BY: Colin Robins April 24, 2014 According to RealtyTrac’s latest Residential and Foreclosure Sales Report for March and Q1 2014, U.S. residential properties sold at an estimated annual pace of roughly 5.2 million homes in March, a .4 percent increase from February, and up 8 percent from the previous year. The median sales price for […]
Yearly Asking Price Gains Slow Despite Solid Monthly, Quarterly Gains
DSNews BY: Colin Robins May 9, 2014 Nationally, asking prices rose 0.8 percent month-over-month in March and 2.8 percent quarter-over-quarter in April. Yet asking prices rose a mere 9.0 percent year-over-year, the smallest gain in 11 months according to an analysis of data from Trulia’s Price Monitor and Rent Monitor. With monthly and quarterly increases holding steady, […]
HUD: Housing Improves; Still Needs Further Recovery
DSNews BY: Colin Robins May 9, 2014 The U.S. Department of Housing and Urban Development (HUD) released its April 2014 Housing Scorecard, noting that home prices remained stable, foreclosure completions continued to their lowest levels since mid-2007, existing home sales stabilized, new home sales slowed, and the administration’s foreclosure mitigation efforts continued to provide […]
Zillow: Buying a Home Beats Renting After 2 Years
DSNews BY: Colin Robins May 1, 2014 Zillow’s break-even horizon analysis came to an interesting conclusion: in half of U.S. metros, buying a home is a better financial decision than renting for buyers intending to stay in their home at least two years. The company’s analysis includes all costs associated with buying versus renting, including […]
