DSNews Author: Brian Honea January 15, 2015 While housing recovery has generally been uneven for the last few years, the housing market experienced substantial growth in the fourth quarter of 2014 for all five indicators of Trulia’s Q4 2014 Housing Barometer, which was released on Thursday. Three of the five indicators – existing home sales, […]
Category: Homeownership
Report Predicts Big Year for Housing in 2015 Based on Recent Government Actions
DSNews: Author: Tory Barringer January 12, 2015 With 2015 less than two weeks underway, Fitch Ratings is the latest forecaster predicting great things for housing in the coming year. However, unlike other commentators, whose projections were based on encouraging market trends, the ratings agency says it’s a combination of recent government actions that reinforces its […]
FHA to Reduce Mortgage Insurance Premiums by 0.5 Percent
National Mortgage Professionals – BY: Phil Hall, January 7, 2015 In advance of President Obama’s speech tomorrow in Arizona on housing policy, the White House has issued confirmation that the Administration is directing the Federal Housing Administration (FHA) to cut the annual mortgage insurance premium from 1.35 percent to 0.85 percent. The White House is billing this […]
Survey: Nearly 70 Percent of Industry Professionals See Lower Down Payment As Positive
DSNews Author: Brian Honea December 11, 2014 The majority of mortgage industry professionals said they believed that the lowering of the down payment to 3 percent for first-time home buyers by Fannie Mae and Freddie Mac was a step in the right direction for the housing market, according to Collingwood Group‘s November 2014 Mortgage Industry […]
Nearly 70 Percent of Industry Professionals See Lower Down Payment As Positive
Author: Brian Honea December 11, 2014 The majority of mortgage industry professionals said they believed that the lowering of the down payment to 3 percent for first-time homebuyers by Fannie Mae and Freddie Mac was a step in the right direction for the housing market, according to the Collingwood Group‘s November 2014 Mortgage Industry Outlook Report […]
Friday Funny – Man refuses to buy house unless he gets seller’s cat
by MPA | Oct 31, 2014 An Australian couple found themselves in an awkward and tough predicament when a man bidding on their home refused to close on the deal unless he could also have their cat. According to Gawker, the potential home buyer’s child “fell in love” with Tiffany the cat while doing a walkthrough […]
Florida’s Housing Market Is On the Rise
DSNews BY: Paul Salfen April 23, 2014 More good news has surfaced in the housing market, this time in Florida. According to Florida Realtors, the housing market reported higher median prices, more new listings, and a stable level of inventory in March. Closed sales of single-family homes statewide totaled 20,081 last month, up 2.8 […]
Yearly Asking Price Gains Slow Despite Solid Monthly, Quarterly Gains
DSNews BY: Colin Robins May 9, 2014 Nationally, asking prices rose 0.8 percent month-over-month in March and 2.8 percent quarter-over-quarter in April. Yet asking prices rose a mere 9.0 percent year-over-year, the smallest gain in 11 months according to an analysis of data from Trulia’s Price Monitor and Rent Monitor. With monthly and quarterly increases holding steady, […]
HUD: Housing Improves; Still Needs Further Recovery
DSNews BY: Colin Robins May 9, 2014 The U.S. Department of Housing and Urban Development (HUD) released its April 2014 Housing Scorecard, noting that home prices remained stable, foreclosure completions continued to their lowest levels since mid-2007, existing home sales stabilized, new home sales slowed, and the administration’s foreclosure mitigation efforts continued to provide […]
Zillow: Buying a Home Beats Renting After 2 Years
DSNews BY: Colin Robins May 1, 2014 Zillow’s break-even horizon analysis came to an interesting conclusion: in half of U.S. metros, buying a home is a better financial decision than renting for buyers intending to stay in their home at least two years. The company’s analysis includes all costs associated with buying versus renting, including […]
