The Federal Reserve Bank of New York reported Thursday in their Household Debt and Credit Report that mortgage debt lowered slightly in the second quarter of 2015.
Read More »Housing Markets Heat Up as Greater Affordability Fuels Demand
A new report from Realtor.com released Thursday found that strong housing supply-and-demand dynamics driven by affordability, are expanding local economies. In addition, lifestyle benefits are spotlighting markets and attracting new buyers.
Read More »Elevated Home Prices Show Signs of Continued Market Recovery in Q2
A slight drop in nationwide housing affordability was recorded in the second quarter of 2015, mostly due to rising home prices, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released today.
Read More »Home Purchase in Sight for Over Half of Americans Within Five Years
Many Americans are gearing up to purchase a home in the coming years. According to BMO Harris Bank 2015 Homebuyers Report, 52 percent of Americans say they are likely to buy a home in the next five years.
Read More »Homebuyer Survey Helping Sellers Market Properties
A Trulia survey released Wednesday found that a key selling point for buyers are schools and areas that market quality schools. A good school district can be a determining factor for a buyer when purchasing a home, especially for families with children.
Read More »Refinance Applications at Highest Level Since May
Mortgage applications remained mostly flat for the week ending August 7, 2015, but refinance applications reached their highest point since May 2015, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey released Wednesday.
Read More »Home Prices Climb in Almost all Metro Areas in Q2
Home prices rose in almost all metro areas in the U.S. mostly due to the increase in home sales, according to the latest quarterly report by the National Association of Realtors.
Read More »Appraiser and Homeowner Opinion Gap Doubles in July
Quicken Loans reported on Tuesday that the gap between homeowner estimates and appraiser opinions of value in July was nearly double the gap between these values in May.
Read More »Housing Market Recovery Questionable Due to Contradicting Data
The Urban Institute addressed the looming questions surrounding the housing market health in a report released Monday, determining that no single indicator can gauge market health and the market is nowhere near 2001 levels.
Read More »Amid Economic Concerns, Fewer Americans Are Optimistic About the Housing Market
The report found that consumer attitudes toward selling stumbled last month, despite a recent flurry of optimistic projections about the U.S. housing market in general. In the past week, the National Association of Home Builders reported that more than half of builders it surveyed see 55+ housing as a solid endeavor.
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