BY: Colin Robins, February 11, 2014 New housing data released by Florida Realtors shows a positive 2013 for closed and pending sales. The closed sales for existing single-family homes totaled 227,411, up 11.8 percent from 2012. Pending sales figures were also positive, up 17.6 percent compared to 2012. Data was compiled from the Florida Realtors Industry Data and Analysis […]
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, 1/07/2014 The performance of first-lien mortgages serviced by large national and federal savings banks continued to improve in the third quarter of 2013, reports the Office of the Comptroller of the Currency (OCC). It marked the fourth consecutive quarter the agency has recorded greater loan performance among regulated entities. The regulator’s latest report […]
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 TORY BARRINGER, 10/4/2013 Two more companies are in the clear with Freddie Macfollowing agreements on claims related to loans that went south after they were sold to the GSE. Wells Fargo and SunTrust Mortgage are the two most recent companies to settle over claims regarding representations and warranties on single-family loans sold to the GSE. It was announced at the […]
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: Krista Franks Brock December 9, 2013 Foreclosures are declining but continue to remain well above pre-crisis norms, according to CoreLogic’s October National Foreclosure Report released Monday. During the month of October, the company reports 48,000 foreclosures were completed. That’s down 30 percent from the 68,000 reported in October of last […]
