As Northern California rises from the ashes, so too does its housing market, suggests just-released Trulia data. After catastrophic fires swept through the area five months ago, it’s not only are resident choosing to stay—new ones are also aiming to ...
Read More »Ocwen Mortgage Mods Helped Thousands Avoid Foreclosure Last Year
Falling behind in payments doesn’t have to mean a borrower is doomed to lose their home. Lenders and servicers are often willing to work with the borrower to find options that allow the borrower to remain in their home while ...
Read More »The Four U.S. Cities Where Paychecks are Stretching Furthest
Those looking to get the biggest bang for their bucks would be most likely to find it west of the Mississippi, according to a new joint report by Trulia and Indeed. The firms looked at which American cities stretch paychecks the ...
Read More »The Hidden Costs of Selling a Home
According to a new study by Zillow and Thumbtack.com, U.S. homeowners are spending an average of nearly $20,000 to sell their homes in 2018. The exact total is $18,342, according to Zillow and Thumbtack’s 2018 Hidden Costs of Selling analysis, ...
Read More »HARP Loans Continue Outperforming Pre-Crisis Mortgages
According to a new report by Moody’s Investor Service, Freddie Mac loans refinanced under the Home Affordable Refinance Program will continue to outperform pre-crisis Freddie loans that did not enter the program, but will also continue to lag behind post-crisis ...
Read More »Clarifying Contested Foreclosures After Bankruptcy
Florida Governor Rick Scott recently signed off on Senate Bill 220, a new law addressing the property rights of defendants pertaining to bankruptcy and foreclosure proceedings. DS News spoke to representatives from several Florida-based Legal League 100 law firms to ...
Read More »Is a Strong Economy Translating Into More New Homes?
The national economy took an upturn in February, according to the Chicago Fed's latest National Activity Index. Released Monday, the CFNAI—which measures 85 economic markers—for February landed at 0.88. That's 0.02 above January numbers. The news, however, wasn't as good ...
Read More »Offsetting Housing and Environmental Stresses as Cities Expand
Between 2000 and 2010, the U.S. Department of Agriculture (USDA) Forest Service reports that urban land use in the United States increased from 2.6 percent of the overall land surface to 3 percent. That might not sound like much, but ...
Read More »Low-Income Rental Housing Shortages Happening Nationwide
The nationwide shortage of housing inventory is a daily topic in the industry in 2018, with accelerating home prices combining with inventory shortfalls to make it very difficult for many potential homebuyers to find an actual home to purchase. The ...
Read More »Why Is Morale Declining in Homebuying Market?
Despite positive outlooks from sellers, homebuyers are less optimistic as this spring shopping season begins.
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