Many factors determine the closing price of a home, but how do the keywords real estate agents use to list a property factor in? A recent text mining analysis shows which descriptors make the greatest impact.
Read More »Americans Moving to the Suburbs
Due to factors such as affordability, Americans are increasingly moving to the suburbs. According to a recent report, there’s a larger pattern and cause at play.
Read More »Mortgages More Difficult to Acquire
Over the course of the first and second quarters, mortgage credit availability has gone down slightly, according to a recent report. Mostly driven by market composition, the report notes government channels are losing more share due to tighter lending standards.
Read More »Starter Homes vs. Renting: Where Homeowners Can Save
Buying a home is cheaper long-term than renting an apartment in the top metropolitan areas, and a new report breaks down just how much homeowners can save.
Read More »What Would Happen to PNC Financial?
PNC Financial, one of the largest diversified financial services institutions in the U.S., released the results of its mid-cycle company-run stress test Wednesday showing they are still able to weather the storm if worst-case scenario conditions happen.
Read More »Racial Disparities in Housing on the Rise
Wealth inequality in America is growing, according to data released by the Urban Institute, and it’s being propelled by persisting racial disparities.
Read More »Buyer Interest Down?
A survey on mortgage applications was released Wednesday for the week ending October 6, 2017 showing a number of decreases in activity. See the details of the data here.
Read More »Amazon on the Move
Amazon.com, Inc. has announced it is planning to add a second headquarters somewhere in the U.S., but how will that affect the economy of Seattle where its current headquarters resides?
Read More »Mortgage Credit Availability on the Rise
Homeowners may be eligible for a tax credit for a portion of their previously paid mortgage interest, according to recent report that states mortgage credit availability has seen a slight increase in multiple component indices.
Read More »A Look Into September Housing Data
The Bright MLS September Housing Market Updates data for the D.C. and Baltimore Metros were released Tuesday revealing how the markets fared since last year and last month.
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