Underwater Properties

Boomers Upsizing in Retirement

Today’s News Synopsis: Forget aging in place.  Which housing markets have the highest share of seriously underwater properties?  The amount of mortgage credit availability increased in October by 0.9% to 185.1. In The News: ATTOM Data Solutions – “Top 10 Housing Markets with Highest Share of Properties Seriously Underwater” (11-12-2019) “ATTOM Data Solutions’ new Q3 2019 …

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14.5 Million U.S. Properties Were Equity Rich

Today’s News Synopsis: Equity-rich U.S. properties increase in 2018.  Mortgage rates decreased this week with 30-year rates now at 4.41% and 15-year rates at 3.84%.  More and more rich people are finding themselves renting. In The News: ATTOM Data Solutions – “Equity Rich U.S. Properties Increase to New High in 2018” (2-7-2019) “ATTOM Data Solutions, curator …

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Is It Taxes, House Prices…Are You Mad At Me?

Today’s News Synopsis: Hey Californians. Where you going?  The NAHB reported builder confidence for the 55+ housing market continued to stay strong in the first quarter at 71.  ATTOM Data Solutions released their latest report on home equity and underwater properties, showing they were down 291,000 from last year while equity growth was slower. In …

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H.R. 1, An All-Out Assault On Homeownership” – NAR Pres. Elizabeth Mendenhall

Today’s News Synopsis: National Association of Realtors will take their case to the Senate.  The NAHB reported builder confidence increased two points to 70 this month, putting it at its highest in 8 months.  ATTOM Data Solutions reported seriously underwater properties decreased by 1.4 million from last year in the third quarter of this year. …

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‘Mismatched Markets’ On the Rise for Many Customers

Today’s News Synopsis: ATTOM Data Solutions reported seriously underwater properties decreased by 1 million year-over-year and 7.2 million from their bottom in 2012.  Mortgage rates continue to remain steady with 30-year rates at 4.17% and 15-year rates at 3.39%.  Trulia’s research showed more and more people are wanting homes not available for sale. In The …

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East Coast Seeing Improvements in Real Estate 4 Years After Hurricane Sandy

Today’s News Synopsis: The estate coast is finally seeing improvements in the real estate market four years after being struck by Hurricane Sandy.  The second quarter saw a decrease in housing affordability with the increase in home prices.  ATTOM Data Solutions released their latest report showing a total of 6.7 million properties underwater in the …

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RealtyTrac Reported Decrease in Underwater Properties by 525,000

  Today’s News Synopsis: RealtyTrac reported a decrease in seriously underwater properties by 525,000 in the third quarter.  Freddie Mac reported a continual decrease in mortgage rates with 30-year rates at 3.79% and 15-year rates at 2.98%.  Existing-home sales increased 4.7% and now are at 5.55 million.   In The News: Realty Trac – “Number …

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