Though a standard industry term, many homeowners are scratching their heads when it comes to HELOCs. In fact, recent studies show that many homeowners don’t consider HELOCs because they simply aren’t aware of how they work. How can lenders better explain them in order for homeowners to take advantage of the opportunity?
Read More »Housing Affordability: The Demographic Divide
Other than the issue of demographic divide, the overall opinion on the housing market isn’t changing the ways consumers think about home buying, according to the latest National Housing Pulse Survey. See what potential homebuyers find most and least important here.
Read More »Who got Hired? Who got Fired?
Lack of lots and labor have been a concern in the single-family construction market, but results from the Job Openings and Labor Turnover Survey could explain if one of those is still an issue.
Read More »Is Your State in the Summer’s Hottest Markets?
In a ranking of the nation’s 50 largest housing markets, Ten-X detailed the top five according to current and forecasted housing fundamentals. Check out who came out on top.
Read More »Down, Down, Down Payments
Saving up for a down payment on a home, especially for first-time homebuyers, can be overwhelming. However, the current buying climate may be the proverbial fan to the flame.
Read More »Shortages Left and Right
Single-family housing shortages are being talked about left and right, but another kind of shortage, adding to labor and lots, is adding insult to injury.
Read More »Don’t Jump to Conclusions Quite Yet
There’s been much talk about housing prices surpassing their pre-recession peak, but a Harvard Housing Perspectives blog by Alexander Hermann posses the question, are they really?
Read More »CFPB: You Have the Right To File
Many consumers don’t even know whether their bank or credit card agreement has an arbitration clause, but as of Monday, that might not be relevant.
Read More »The Week Ahead: What’s the Generational Difference in Equity?
The current home market is one filled with heartache for the buyer. While home values are reaching or exceeding the peak values that were set during the housing bubble, inventory is falling rapidly—the fastest since 2013. Take a look at articles coming out on the housing market next week as well as what else is coming in the week ahead.
Read More »HouseCanary Announces New EVP of Analytics and Additional HPI Outlet
HouseCanary, a modern data analytics company for real estate professionals, recently announced that Dr. Alex Villacorta has joined the team as Executive Vice President of Analytics. Additionally, lenders and servicers can now access HouseCanary’s HPIs through First American Mortgage Solutions, LLC.
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