Real estate markets in many cities are now even stronger than they were before the most recent housing crash. Last year, the national median home […]
Tag: foreclosures
High Court: Cities Can Sue Banks Using Fair Housing Act
The Supreme Court ruled on Monday that cities can sue banks over housing discrimination they claim led to urban blight in their communities. However, cities […]
Home Sales Zoom to Highest Pace in Decade
This spring’s housing mantra: Going, going, gone! “Severe” housing shortages are prompting existing homes to sell significantly faster this year, propelling home sales to the […]
Where Foreclosure Deals Can Still Be Found
Fewer foreclosures are on the market. First-quarter foreclosure activity has fallen below pre-recession levels nationwide in 102 out of 216 metro areas analyzed, according to […]
The Economy's Thorn: Low Ownership Rates
The homeownership rate is near its lowest level in more than 50 years. But homeownership remains a “critical part” of the national economy and “ongoing […]
Renters Now Dominate in Half of Cities
Fifty-two of the 100 largest U.S. cities were majority renter in 2015, according to U.S. Census Bureau data. Since 2009, 21 cities had shifted to […]
Home Sales Drop Amid Inventory, Affordability Issues
Existing-home sales dropped in February as tight inventory and weakening affordability conditions kept many buyers out of the market in most parts of the country, […]
Rocket Mortgage: Shooting for The Moon or Failure to Launch
We saw the commercial during the Super Bowl. The one that explained, “Here’s what we were thinking: What if we did for mortgages what the […]
Existing-Home Sales Reach Decade High
[ad_1] Existing-home sales in January reached their fastest pace in nearly a decade, with all major regions except the Midwest posting gains last month, the […]
Loan Modification & Foreclosure Rescue Scams
[ad_1] California ranks #16 in the US for ratio of houses in some stage of foreclosure. This equals out to roughly 1 in 1,600 homes or 13,781,929 […]