A real estate investment exec and a real estate broker are allegedly at the center of the scam, in which four California mansions were leveraged for millions in ill-gotten gains
The decrease in application volume comes as both the refinance index and seasonally adjusted purchase index fell
Central banks cannot grow decent jobs, improve the housing sector and increase production, but what they can do is drive investors into stocks with the belief that eventually there will be trickle down to the diminishing middle class, says industry expert.
RealtyTrac says past record origination levels won’t be back for years, no matter how much the industry expands credit. Here are five reasons why.
Despite popular belief, the generation plans to take out more purchase and renovations loans and will account for nearly one in every four dollars spent on housing in the next five years.
NAHB is forecasting a 26% jump in production in 2015, which could provide more opportunities for financing in the undersupplied market.
Despite an improving job market and low interest rates, young borrowers are still having a tough time purchasing houses in today’s tight-credit market.
In honor of Election Day, digital realtor Trulia has studied the 100 largest U.S. metros and found that longer-term housing issues like declining affordability, low homeownership and rising inequality play out differently in Democratic- and Republican-leaning areas.