Posts Tagged ‘Department of Housing and Urban Development’

Real Estate Agents Using Movies to Sell Their Luxury Homes

June 23rd, 2017

Sources: CoreLogic Reports Mortgage Credit Risk Edges Up Slightly May home sales and price report Mortgage Rates Continue to Hold The Cost of Living Is Quickly Rising in These 10 US Cities These cities saw house prices fall in spite of national trend Number of Homes for Sale Drop at Fastest Pace in Four Years Economic Growth

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Construction on Multifamily Properties Decreased 2.6% Last Month

May 16th, 2017

Today’s News Synopsis: Construction on multifamily properties decreased 2.6% last month according to HUD and the Commerce Department.  Mortgage delinquency rates decreased to 4.71% at the end of the first quarter of 2017 according to the Mortgage Bankers Association.  Fannie Mae released their latest Economic and Housing Outlook, showing they

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Construction on Single-Family Homes Decreases in March By 6.8%

April 18th, 2017

Today’s News Synopsis: The latest S&P Dow Jones Indices and Experian data showed a small increase in mortgage default rates, up one basis point to .75% in March.  Construction on single-family homes decreased in March by 6.8% after showing positive numbers in February.  Bank of America reported a 40% increase

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Townhouses Becoming the New Popular Homes

April 5th, 2017

Today’s News Synopsis: The latest Home Price Report from CoreLogic showed a 7% year-over-year and 1% month-over-month increase in home prices in February, and they are expected to increase 4.7% by next year.  The Commerce Department reported the construction of new homes are both adding to a stronger economy and

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CAR Releases Latest Home Sales and Price Report for February

March 16th, 2017

Today’s News Synopsis: CAR released their latest home sales and price report for February, showing a 4.7% month-over-month decrease but 4.9% year-over-year increase for existing sales and a 2.2% month-over-month decrease and 7.6% year-over-year increase in median price.  Housing starts on single-family properties increased by 3% across the nation to

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CAR Reports 1.9% Increase in Pending Home Sales for December

February 24th, 2017

Sources: Bank Card Default Rate Hits 42-Month High in January 2017 According to S&P/Experian Consumer Credit Default Indices US existing home sales hit 10-year high in January Mortgage Applications Decrease in Latest MBA Weekly Survey December pending home sales and Market Pulse Survey U.S. House Prices Rise 1.5 Percent in Fourth Quarter Continued Uncertainty Causes Mortgage

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Housing Affordability at Lowest in 8 Years, Yet Still Remains Positive

February 16th, 2017

Today’s News Synopsis: The latest study from ATTOM Data Solutions showed that of the homes valued at a total of $4.9 trillion, 17.3 million of them are in zip codes where environmental hazards are a high risk.  The latest HUD and Census Bureau reports showed housing starts decreased 2.6% to

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New Home Sales of Single-Family Homes Increase to Highest in 10 Years

January 27th, 2017

Sources: Equity Gains Fuel Rise in Housing Market Value Why the supply of homes for sale is the lowest since 1999 Cash and Distressed Sales Update: October 2016 Redfin Report: Luxury Home Prices Inched Up 0.7 Percent in Fourth Quarter as the Rest of the Market Showed Substantial Gains Mortgage Rates Rise for First Time

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Mortgage Rates Drop Again For Third Week in a Row

January 19th, 2017

Today’s News Synopsis: Production on multifamily houses across the nation increased 11.3% in December to 1.23 million.  Optimism for home remodeling continued to remain strong in the fourth quarter, coming in at 53.  Freddie Mac reported mortgage rates dropped again for the third week in a row with 30-year rates

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Housing Starts Decrease 18.7% With the Decrease in Multifamily Properties

December 16th, 2016

Sources: CoreLogic Reports 30,000 Completed Foreclosures in October 2016 November New Home Purchase Mortgage Applications Increase 12 Percent Year over Year Fannie Mae Announces Eviction Moratorium for the Holidays Freddie Mac Announces Holiday Eviction Moratorium Dec. 19, 2016 to Jan. 3, 2017 Mortgage Rates Move Higher Homebuilder sentiment spikes 7 points, Trump has them feeling fantastic Bargain

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