DSNews BY: Author: Brian Honea February 12, 2015 A nationwide survey conducted by Auction.com, a leading online real estate marketplace, showed a continuation in January of a trend seen in the fourth quarter of 2014 – that of investors’ preference to flip houses rather than rent them out. Even as the demand for rental housing has […]
Category: Marketing Updates
Housing Barometer Indicates Market is Moving Closer to ‘Back to Normal’ Levels
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, […]
Falling Negative Equity Rate Nearing Single Digits
DSNews Author: Tory Barringer January 8, 2015 The third quarter of 2014 saw more than a quarter of a million American homes return to positive equity, leaving about one in 10 still underwater,CoreLogic said in its Q3 2014 Equity Report released Thursday. According to the company’s latest estimates, an additional 273,000 U.S. homes recovered to a positive […]
Q3 GDP Revision Pushes Economy to Fastest Growth in a Decade
DSNews Author: Tory Barringer December 24, 2014 A strong revision to consumer spending helped push the economy to its fastest growth rate in more than a decade last quarter. According to a third reading released Tuesday by the Bureau of Economic Analysis (BEA), gross domestic product (GDP) increased at an annualized rate of 5.0 […]
GSEs Officially Lower Down Payment to 3 Percent for Qualifying First-Time Homebuyers
DSNews Author: Brian Honea December 8, 2014 Following months of talk and speculation, bothFannie Mae and Freddie Mac announced on Monday they will begin allowing qualifying first-time borrowers to purchase homes with just a 3 percent down payment. By lowering the down payment down to 3 percent, leaders from the GSEs and the Federal […]
FHFA Adopts New Plan Under Director Watt; Won’t Reduce GSE Market Share
DSNews BY: Krista Franks Brock May 14, 2014 In a speaking engagement at the Brookings Institution, Federal Housing Finance Agency (FHFA) Director Melvin L. Watt spoke about his new 2014 Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac, highlighting a few major changes to the plan. Notably Watt’s plan removes any intention to reduce the GSEs’ […]
Fast Home Sales in Some Markets Indicates Positive Spring
DSNews BY: Colin Robins April 24, 2014 According to the Fastest Markets Report issued by Redfin, homes are “flying off the market” in many places, such as San Francisco, California; Austin, Texas; and Washington, D.C. The report notes that although homes are selling faster, fewer total homes are selling. Inventory has risen in these metros, but […]
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 […]
FHFA: August Marks 19 Months of Home Price Gains
BY: KRISTA FRANKS BROCK, DSNews.com 10/23/2013 Marking 19 consecutive months of appreciation, the Federal Housing Finance Agency’s (FHFA) House Price Index rose 0.3 percent on a seasonally adjusted monthly basis in August. On a yearly basis, the index is up 8.5 percent. Prices are now 9.4 percent below their April 2007 peak, according […]
