Ben Carson

OREO?

Today’s News Synopsis: Do you know what an REO is?  Rent price growth was stronger in March according to CoreLogic.  Existing-home sales decreased 0.4% last month according to the National Association of Realtors. In The News: CoreLogic – “CoreLogic Reports Strong Rent Price Growth in March as Unemployment Reaches a 50-Year Low” (5-21-2019) “CoreLogic® (NYSE: CLGX), a …

OREO? Read More »

Effects Of Redlining Are Still Visible In Today’s Market

Today’s News Synopsis: Homes in formerly redlined areas still trailing in value.  HUD Secretary Ben Carson proposed changes to be made to current rent policies that would make them predictable and easier to understand.  Home prices may see another increase as building materials are becoming more expensive. In The News: Zillow – “Homes in Formerly …

Effects Of Redlining Are Still Visible In Today’s Market Read More »

Townhouses Becoming the New Popular Homes

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 adding more jobs.  Townhouses are …

Townhouses Becoming the New Popular Homes Read More »

Foreclosure Filings Decreased to their Lowest in 10 Years Last Year

Today’s News Synopsis: Foreclosure filings decreased to their lowest in 10 years last year according to the latest ATTOM Data Solutions report.  Mortgage rates decreased again for the second week in a row with 30-year rates at 4.12% and 15-year rates at 3.37%.  Dr. Ben Carson told the Senate Banking Committee his plans today for …

Foreclosure Filings Decreased to their Lowest in 10 Years Last Year Read More »

Ben Carson Selected As New HUD Leader, Although Many in Housing Have Different Opinions On This

Today’s News Synopsis: Tump has officially selected Ben Carson as the new leader of HUD, although many in the housing industry are divided on his choice.  The Federal Reserve Bank of New York reported an increase of $90 billion in mortgage debt in the third quarter, putting it at $8.35 trillion.  In an interesting news …

Ben Carson Selected As New HUD Leader, Although Many in Housing Have Different Opinions On This Read More »

Scroll to Top