News

  • Michigan, Florida Markets Top List of Most Dangerous for Investors by

    Thirty-eight real estate markets have been tagged as “dangerous” for investors looking to make money on buying homes as rental properties in new quarterly data compiled by HomeVestors of America (known as the “We Buy Ugly Houses®” company) and Local Market Monitor.

  • Home Values Down 27 Percent from Peak by

    Property values in January were 5.7 percent higher than they were a year ago, but they still have a long way to go to regain the equity that has been lost in the past six years.

  • HARP Refinances Surpass 2012 Estimates by

    The Federal Housing Finance Agency (FHFA) today released its December 2012 Refinance Report, which shows that with the number of mortgages refinanced through the Home Affordable Refinance Program (HARP) in the fourth quarter, nearly 1.1 million HARP refinances were completed in 2012 and nearly 2.2 million were completed since HARP was implemented in April 2009.

  • Lenders: What’s Holding Back Loans by

    Despite the improving economy, home loans even for well-qualified borrowers are still unnecessarily hard to get and take too long, real estate practitioners say

  • Housing Rebound an Assist for Sales: Home Depot CEO by

    Home Depot expects 3 percent growth in 2013, the same it saw in 2012 as economic growth remains steady, CEO Frank Blake told CNBC's "Street Signs" on Wednesday.

  • Judicial Foreclosure States Slow to Join Housing Recovery by

    Regional housing markets in Maryland, Massachusetts, New Jersey, and New York are having a harder time rejoicing in the recovery streak that other states have been experiencing since last year. The glut of pending foreclosures and its effect on the housing market is throwing a wrench in the engine of national recovery, and it is coming down to a battle between title and lien theory states.

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