RealtyTrac: Underwater Foreclosures Hits New Low
At the end of the second quarter there were 7,443,580 residential properties that were seriously underwater — where the combined loan amount secured by the property is at least 25% … Continue reading
Realtor Attacked At Showing By Man In A Woman’s Dress
In what is all too common an occurrence, a Realtor showing a home was attacked near Atlanta. What makes this one unusual is the attacker was a man in a … Continue reading
Question remains: When will interest rates start rising?
The July Federal Open Market Committee meeting announcement once again reaffirmed its view that the current 0 to 0.25% target range for the federal funds rate remains appropriate, with no clear-cut … Continue reading
Jesse Pinkman’s Meth House For Sale
Breaking Bad fans going through withdrawal, listen up: You can buy Jesse Pinkman’s house. But it will take some serious cash, the home is listed for $1.6 million. Located in … Continue reading
This is why you can’t blame Millennials for low homeownership rates
Owning a home is part of the American Dream, right? If so, how are homeownership rates the lowest they’ve been in 48 years? There are several factors involved, including a … Continue reading
Demand Grows For Rent-To-Own Homes
Rent-to-own programs are once again increasing in popularity after losing steam back in the 1990s. Previously, small operators dominated the programs, but now with lenders setting the bar higher, more … Continue reading
Home Sales Strong Despite Dip
After five consecutive months of increases, pending home sales in June dropped 1.8% — expectations were for a 0.9% gain — the biggest drop since December 2013, according to the … Continue reading
Mortgage Applications Up, Buyers Remain Strong
Mortgage applications increased 0.8% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 24, 2015. The Market Composite … Continue reading
Real estate again Americans’ top investment choice
For many Americans, last decade’s housing bubble is largely forgotten: 27 percent in a recent poll said real estate was the best investment for money they would not need for … Continue reading
Dodd-Frank Slows Economic Growth
The House Financial Services Committee held a full committee hearing Tuesday to examine America’s economic prosperity in the five years since the Dodd-Frank Act became law. It was the latest … Continue reading