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Zillow Releases List of Best and Worst Markets for First-Time Homebuyers

Sources: Housing Sentiment in April Rebounds Following March Dip Mortgage Rates Continue to Hold U.S. Foreclosure Activity in April 2017 Drops to Lowest Level Since November 2005 Housing Affordability Registers Slight Uptick in First Quarter These Cities Are the 10 Biggest Comeback Stories in U.S. Real Estate Freddie Mac Proposal Addresses Housing Needs in Underserved …

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Realtor.com Releases List of Preferred Retirement Places..and Florida is Not One

Sources: The S&P CoreLogic Case-Shiller National Index Annual Return Sets 31-Month High Credit Complaints Amplify in Latest CFPB Report Pending Sales of Existing Homes in U.S. Rise Most Since 2010 Average US 30-year mortgage rate slips to 4.14 percent Understanding the Small and Medium Multifamily Housing Stock Millennial Magnets: The Top 10 Cities Where Young …

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Realtor.com Releases List of Cities Where Downtown is the Popular Spot

Today’s News Synopsis: New data released shows the hottest spots for real estate in New York, specifically Brooklyn and Manhattan.  More and more Russians are showing an interest in real estate located in New York City.  Realtor.com also released a list of cities where downtown is becoming a popular place to live. In The News: …

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

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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Profit and Mortgage Numbers Positive for 4 Large Banks

Sources: Housing Sentiment Dampened by Rising Rates, Depsite Improved Economic Confidence Post-Election 55+ Housing Market Shows Continued Growth CoreLogic Reports 26,000 Completed Foreclosures in November 2016 Confidence in the Economy is Surging Mortgage Rates Lower Again Dubai’s Real Estate Markets Poised to Rebound in 2017 Housing Will Continue Gradual Climb to Higher Ground in 2017 …

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Both Fannie Mae and Freddie Mac Released Their New Flex Modification Foreclosure Prevention Programs

Today’s News Synopsis: Both Fannie Mae and Freddie Mac released their new Flex Modification Foreclosure Prevention Programs, which will reduce the monthly payments they make on their mortgages.  In their last meeting of the year, the Federal Open Market Committee voted to raise interest rates to between 0.50 and 0.75%.  The Mortgage Bankers Association reported …

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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 …

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Mortgage Interest Deductions Could Be Cut Under Trump Administration

Today’s News Synopsis: The latest report from ATTOM Data Solutions showed a 16% increase in home refinance originations in the third quarter.  Freddie Mac reported mortgage rates increased again with 30-year rates now at 4.08% and 15-year at 3.34%.  One of the things Trump could potentially be cutting are mortgage interest deductions. In The News: …

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FHFA and Case-Shiller Release Their Latest Home Price Indeces For August

Today’s News Synopsis: The latest home price index from S&P/Case-Shiller showed home prices in the U.S. increased 5.3% in August.  The FHFA also released their home price index, which showed a 5% increase in home values and them now being at their highest since their peak in 2007.  The latest forecast from the Mortgage Bankers …

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