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Finance, Economy & Government Issues Archive


Don’t Let Fall Slow You Down

While you’re reading this post catching up with the real estate world, it’s possible that a lot of your competition is off the clock. They’re not making calls, not sending out marketing pieces, not scheduling an open house or tracking down “For ...


October Housing Data Stretched Summer Demand into October

October witnessed solid price increases, steady inventory and strong demand continuing well into the fall, according to realtor.com®’s data ...


Mortgage Applications Decrease 2.3 Percent

Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 15, 2013. This week’s results include an adjustment to account for the Veteran’s Day holiday. ...


Home Prices Continue Rising, Sales Steady

RE/MAX Releases National Housing Report on 52 Metro Areas ...


Spotlight on Housing Q3: Home Values Strengthening, Affordability Sliding

Strengthening house prices and increased interest rates in metros across the country contributed to lower housing affordability in the third quarter, according to the National Association of Home Builders Housing Opportunity Index (HOI), released recently. ...


Rising Home Prices Push Down Housing Affordability during Third Quarter

Housing affordability fell for the sixth consecutive quarter, after reaching an all-time high in the spring of 2012, as significantly higher home prices shut out more California home buyers during the third quarter of 2013, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported. ...


The Beginning of the Middle Inning: Housing on Strongly Paved Road to Recovery, New Research Shows

Housing is on the way up, according to new research from The Urban Land Institute (ULI) and PwC. The recently released report, Emerging Trends in Real Estate®, focused on the key trending industry outlooks for the year ahead, which the report predicts will be a bright one. ...


Majority of Non-Revolving Credit Held By Federal Government

Recently released data from the Federal Reserve Board indicates that consumer credit outstanding is continuing to expand. According to the release, total consumer credit outstanding increased at a seasonally adjusted rate of 5.4 percent in September. For the quarter overall, consumer credit ...


Investors Are Buying Less, but Might Be Ready to Sell Now

Current market conditions are ripe for home sellers: Prices are up, inventory is tight (but improving) and mortgage rates are still at record lows. But homeowners who are looking to make their next move aren’t the only past clients you should talk ...


Builder Confidence in the 55+ Housing Market Continues to Improve in Third Quarter

Builder confidence in the 55+ housing market showed continued improvement in the third quarter of 2013 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released recently. All ...


Bay Area Home Sales Slower, Median Prices Lower As Buyers Take A Break

Would-be San Francisco Bay Area homebuyers spooked by fast-rising home prices, a brief uptick in mortgage interest rates and potential fallout from the federal government shutdown took a break from their home search in the third quarter of 2013, spurring a slowdown in home sales that, for the first time ...


Detroit, Santa Barbara and Reno Lead Turnaround

Detroit, Santa Barbara, Calif. and Reno, Nev. markets are currently leading the nation in recovery according to realtor.com®’s third quarter ranking of America’s top turnaround markets. ...


September Bay State Foreclosure Activity Remains Slow

Regional Spotlight—Foreclosure activity statewide in Massachusetts declined in September, marking the 16th consecutive month of year-over-year completed foreclosure declines, according to The Warren Group, publisher of Banker & Tradesman. ...


Rates on New Home Loans Still Rising

In September, interest rates on conventional mortgages used to purchase newly built homes increased for the fourth month in a row, according to data released today by the Federal Housing Finance Agency (FHFA). ...


REALTORS® Advocate Housing Finance System Overhaul That Protects Taxpayers and Access to Credit

As lawmakers debate how best to reform the secondary mortgage finance market, they must ensure that any new system retains access to safe, secure and affordable sources of mortgage capital for creditworthy consumers in all market conditions or risk a major disruption ...


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