In keeping with historical seasonal trends, housing inventory and median list price per square foot both declined over the month of December. At the same time, annual changes remained in...
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Even in Buyer’s Market, Homeownership Expected to Decline
""Zillow"":http://www.zillow.com/ expects conditions next year to be a bit friendlier to homebuyers--but that doesn't mean we'll necessarily see more owner-occupied housing, experts at the real estate marketplace say. [IMAGE] Looking...
Read More »Report: Home Values Recaptured $1.9 Trillion in 2013
Based on early estimates of home values, properties nationwide are expected to gain almost $1.9 trillion in cumulative value in 2013, according to ""Zillow"":http://www.zillow.com/. By the end of the year,...
Read More »Consumers Remain Uncertain About Economy
After taking a sharp dive in October, consumer confidence continued to decline at a more moderate pace in November, indicating the level of uncertainty that still grips the country. [IMAGE]...
Read More »Analysts Say Government Should Continue ‘Significant’ Role in Housing
Ideally, the government should back up to 35 percent of all new mortgages, according to the median response given in a recent ""Zillow"":http://www.zillow.com/ survey which polled 108 economists, real estate...
Read More »Report: Mortgage Industry Nets Nearly 3K Jobs Losses in Q2
As declining refinance volumes hurt the market for ""loan officers"":http://dsnews.comarticles/reports-well-fargo-to-cut-over-2000-production-jobs-2013-08-26, decreasing delinquencies are also prompting the need to cut back on mortgage jobs. [IMAGE] According to _Mortgage Daily's_ ""Mortgage Employment...
Read More »June Marks 20 Months of Declines for Foreclosure Inventory
Completed foreclosures and distressed inventory continued their downfall in June, ""CoreLogic"":http://www.corelogic.com/ reported Tuesday. [IMAGE] Data for last month showed 55,000 homes were lost to foreclosure, down 20 percent from June...
Read More »New Home Sales Surge in June as Prices Fall
...sale rose to 161,000 in June--the highest level since September 2011--from 159,000 in May, the months' supply fell to 3.9 from 4.2 in May, matching January for the lowest supply...
Read More »‘Government Intervention’ Drives Down Distressed Sales in California
Distressed property sales have declined drastically in California over the last year, according to a recent report from ""PropertyRadar"":http://www.propertyradar.com. [IMAGE] In June, sales for distressed homes and condominiums plunged 46.5...
Read More »Existing-Home Sales, Prices Jump in May
Existing-home sales rose a solid 4.2 percent in May to an annual sales rate of 5.18 million, the highest level since November 2009, the ""National Association of Realtors"":http://www.realtor.org/news-releases/2013/06/existing-home-sales-rise-in-may-with-strong-price-increases (NAR) reported...
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