Many appraisers feel undertrained, or just dissatisfied at their job.
Read More »Home Sales Boom Amid Disappearing Inventory
Home sales and equities surge accompanied by rising interest rates. Despite this, prospective home buyers are challenged, but not discouraged from searching for their dream home.
Read More »Starts and Completions Up in February
Number of starts and completions increased in February, monthly and compared to last year. But permits dropped for the month.
Read More »Purchase Loans Up to 57 Percent in February
The good news is that purchase loans are closing in record time. The bad news is that FICO scores are going down as interest rates go up.
Read More »Good Time to Buy a Home, NAR Survey Reveals
The majority of respondents to a recent survey by the National Association of Realtors said they believe this is a good time to buy or sell a home, that the economy is improving, and that housing prices will continue to escalate.
Read More »Brisk Spring Market Predicted Despite Rising Interest Rates
Millennials and first-time home buyers are expected to continue buying homes regardless of a mortgage rate increase, according to real estate and title professionals.
Read More »New Home Purchases Jump 16 Percent Annually
Mortgage applications for new homes are up nearly 16 percent over the year and 2 percent since January 2017, according to recent data.
Read More »Credit Loosens as Investors Step In
Mortgage credit is up month-over-month thanks to more investors getting into the market and streamlined documentation loans by FHA, one report shows.
Read More »Home Sales Increase as Buyers Avoid Rising Rents
Rising rentals are making many people realize that buying a home is a much better investment, and is increasing real estate sales in many areas.
Read More »Economic Diversity Rises Bringing Home Prices With it
According to a new housing index, markets nationwide are becoming more economically diverse. However, as prices rise, affordability drops and some metros like Detroit are seeing a spike in racial segregation.
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