Mortgage credit quality hits 16 year high… New home sales jump 6 per cent… Malibu estate sets new record at $80 million!...
Continually falling home inventory is disproportionally affecting the most affordable homes. And now, there are fewer on the market than ever
The number of completed foreclosures dropped to 55,000 in March 2013 from 66,000 in March 2012, a 16% drop year-over-year, according to real estate research firm CoreLogic.
Construction spending dropped to a seven-month low in March as public outlays recorded their largest drop since 2006, which could cause the first-quarter economic growth estimate to be trimmed.
Lowering credit score requirements for new borrowers isn’t likely to raise their overall risk profiles, according to industry stakeholders
The Consumer Finance Protection Bureau has approved changes to its remittance rules.
President Obama’s nomination of a Democratic congressman to head the Federal Housing Finance Agency has been met with mixed reactions
They are young, tech-savvy, debt-burdened, and cash-strapped. The entire American housing market economy depends on their participation, but the credit markets see them with apprehension.