Smart Real Estate Investing

[...] was clearly in response to the rise in rates and the almost 25-basis-point decrease in mortgage rates in October seemed to have brought out buyers that were previously on the fence.”  [...]

[...] the Southwest. Affordability had been decreasing in light of higher home values and rising mortgage rates and is now starting to put the brakes on these extremely high rates of appreciation. [...]

[...] 1.3% and spending at electronic and appliance stores fell 1.6% from February. Olick – Mortgage rates fall but big banks doing less As investors flee the stock market and rush to the relative [...]

[...] September and October should ease concerns the housing market recovery was stalling. Higher mortgage rates have slowed the pace of home sales, but demand for accommodation as household formation [...]

[...] 3.1% to an annual rate of 620,000 in January, and are also 3.1% below January 2013. The median price in the Northeast was $241,100, up 6.6% from a year ago.  Existing-home sales in the [...]

[...] December, 38% below the median price of $174,401 for a non-distressed residential property.  The report also shows that short [...]

[...] of October sales, unchanged from September; they were 25% in October 2012. Part of the gain in median price is from a smaller share of distressed sales.  Nine% of October sales were foreclosures, [...]

[...] , $682,400; Honolulu, $670,800; Anaheim-Santa Ana, Calif., $666,300; and San Diego, where the median price was $476,800.  The five lowest-cost metro areas were Toledo, Ohio, with a median single- [...]

[...] a bunch of sixth grade girls decide which boys are cool and which aren’t. Boy to boy, housing market to housing market, the winners and losers are constantly changing. Had one predicted just a [...]

[...] even further in November and December. The slowdown in price appreciation is positive for the housing market as almost half the states are now within 10% of their respective historical price peaks.& [...]

[...] listings. We believe the movements in the series are representative of the trends in the housing market.  It is interesting to note which markets in the United States experience seasonality. [...]

[...] , and more likely to walk away – letting the home foreclose. In doing so, putting the housing market back where it started when the housing market crashed.  Chances of passing an extension [...]

[...] Pending home sales were essentially unchanged in January, according to the National Association of Realtors (NAR). [...]

[...] Last month home sales fell by 7.1% compared to February 2013 when a number of homes sold was 4.95 million. This meant [...]

[...] Although conditions were mixed across the country, pending home sales continued to move lower in October, marking the fifth consecutive monthly decline, according to [...]

[...] Financial Protection Bureau (CFPB) threaten to derail mortgage origination and residential home sales.  Come January, fewer Americans will qualify for home mortgages because of these heavy- [...]

[...] borrowers have rates below 4%,” said Michael Fratantoni, chief economist at the Mortgage Bankers Association. “Folks above that level have already passed on rates better than today’s [...]

[...] mortgages that are seriously delinquent or in foreclosure, with New York third, a Mortgage Bankers Association report showed last week. By contrast, hard-hit areas such as Arizona and California [...]

[...] applications decreased 2.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February [...]

[...] in March according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from the AllRegs Market Clarity product.  “ [...]