Category Archives: Housing News

Great housing and mortgage market news

Tuesday, December 11th, 2018
9 out 10 Millennial Renters Want to Purchase a Home
While the millennial home-ownership rate still significantly lags that of previous generations at a similar age, a new study by Aparment List showed that almost 90% would prefer to...
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Wednesday, December 5th, 2018
Conventional Loan Amount Limits will Increase in 2019
The maximum conforming loan limit for mortgages being acquired by Fannie Mae and Freddie Mac will be going up in most parts of the country in 2019, the Federal...
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Tuesday, November 27th, 2018
No Appraisal, No Problem
Fewer loans that use real estate as collateral will need an appraisal under a new proposal. The Office of the Comptroller of the Currency, the Board of Governors of...
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Tuesday, November 20th, 2018
More and More Luxury Homes Utilizing Auctions
Real estate auctions, once used for foreclosures and distressed sellers, is moving upmarket. The number of multi-million-dollar homes being sold at auction has nearly doubled in the past year,...
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Wednesday, November 14th, 2018
Home Mortgage Delinquencies Remain Very Low
The newly released National Delinquency Survey by the Mortgage Bankers Association’s (MBA) showed that that delinquent mortgage payments were down by 41 basis points compared to a year ago. The delinquency...
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Tuesday, November 6th, 2018
The “Stork” Often Delivers More than a Baby
An expanding family often leads to needing more space, but it also means more expenses. That is why there is a growing trend for growing families to seek housing...
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Wednesday, October 31st, 2018
Consumers’ House Buying Power Under Pressure
According to the Real House Price Index released by First American Financial, consumers are still in a strong position to purchase a home but are getting squeezed on just how much...
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Tuesday, October 23rd, 2018
Household Home Equity nears $15 Trillion (sorry renters you missed out)
According to TransUnion, household home equity is currently nearing $15 trillion and has surpassed its prior housing bubble peak in the first quarter of 2006 by more than $1...
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Monday, October 15th, 2018
Homeowners Would Rather Upgrade
Homeowners love their homes, and they would rather upgrade than leave their love nest and purchase a different home. Given a choice between spending a fixed amount of money...
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Wednesday, October 10th, 2018
Could more Homes hit the Market?
The biggest issue with the housing market over the past couple of years is that it has been heavily slanted towards a “sellers’ market with very low and in...
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