Mortgage rates appear to have fared unexpectedly well for the previous year. Reflecting back on 2019, it’s clear that last year’s mortgage market was the best since the height of
Buildable lots getting more scarce in most desirable areas
The sky may be infinite and the oceans vast, but land is finite — and there is a shortage of it to build homes on, accord to a recent NAHB/Wells
Housing inventory expected to naturally free up over the next 20 years
It’s being called the Silver Tsunami. Zillow analysts report that over the 2017-2027 period, 920,000 baby boomer-held homes will be freed up yearly, with 1.17 million materializing in the succeeding
The housing market continues to see strength in 2019
As the year comes to an end, the housing market continues to build strength. Bankrate’s Natalie Campisi reports that as the third quarter of 2019 closed, home buyers were in
Accessory dwelling units are being used for fun, family and profit
Casitas. Granny flats. Tiny homes. Back yard in-laws units. She-sheds. Man caves. Call them what you will, but across the country they are now being used not only for fun,
Timely payments and a surge in refinances mean lower foreclosures
Mortgage “performance.” Sounds like a fun financial song and dance, right? If you recall the days of heavy foreclosures, however, it’s no joke, especially to the mortgage servicing industry. And
Rentals surge as housing tries to catch up
According to real estate analytics firm RealPage, demand for rental apartments reached a five-year high this spring, spurred by new household formation and home sales not being able to keep
NAR Chief Economist sees promise in housing market
A a recent report by the National Association of Realtors’ Chief Economist Danielle Hale details how and why the housing market is looking more promising over the next few months.
“I
Investors are buying up a record number of homes
According to recent data released by CoreLogic, big private-equity firms, real estate speculators and others that buy properties comprised more than 11% of U.S. home purchasers in 2018.
What does this
May was a Good Month for Housing
The National Association of Realtors (NAR) reported sales of previously owned homes rose in May, citing falling mortgage rates as a reason the housing market may be heading in the