Square Footage Shrinks in Response to First-Time Homebuyers
The average home built in 2016 was 2,634 square feet, smaller than homes built the year prior, per recent data...
National
MBA: Mortgage Apps Rise, Refis Fall
Mortgage applications rose 5.8 percent over the week, according to data gathered in the Mortgage Bankers Association's (MBA) Weekly Mortgage...
The New Normal? Mortgage Rates Sink Again
Mortgage rates again sunk this week after topping out at the end of 2016, with the 30-year fixed-rate mortgage averaging...
2016 Brings 10-Year Drop in Foreclosures
While many of us were all too pleased to say buh-bye to 2016, one positive thing the year gifted us...
Millennials Patient, Thrifty when It Comes to Homeownership
Though millennials perceive homeownership as a vital component to the American Dream, they are also accepting of the realities of...
Supply Watch: Gradual Single-Family Construction Expected in 2017
More single-family homes will be constructed in 2017, but at a gradual rate, reported economists at the recent National Association...
No Deal: Home Sale Fail Rates Double in 2016
More pending home sales are transitioning back to the market, according to a recent report by Trulia, with the sale...
Black, Hispanic Neighborhoods Struggle to Regain Lost Ground
Homeowners in minority communities are struggling to regain ground lost in the crash, considerably more so than those in white...
Difference of Opinion Between Appraisers and Homeowners Widens
Appraisers and homeowners are less eye-to-eye on home value for the first time in six months, with the gap between...
Foreclosure Activity Drops Off at Year-End
Foreclosure activity dropped off significantly at the end of 2016, with diving rates of both completions and inventory in November,...
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