National News
A study conducted by the Federal Reserve Bank of New York says homebuyers with student loans are less likely to take out mortgages than their counterparts. Student loan debt is big; in fact, it would be more accurate to
Multifamily developments were, once again, the most in-demand for architectural services, as more and more builders capitalize on rental demand. Multifamily developments once again prevailed in the latest Architecture Billings Index (ABI) from the American Institute of Architects (AIA), as
A new Lender Processing Services study indicates that mortgage delinquencies and foreclosures are moving in the right direction The amount of mortgage delinquencies that were behind in their payments or in foreclosure is at its lowest level since 2008,
With the Internet, foreign homebuyers have never had it easier buying property in the U.S. But what cities do they favor the most? It was Thomas Friedman who famously stated that “the world was flat,” and his statement applies
Fifth Third Mortgage Company has continued to lead the pack when it comes to HAMP modifications. Fifth Third Mortgage Company outpaced the industry in permanent modifications in the government’s Home Affordable Modification Program (HAMP) in 2012, marking the third consecutive
Homeownership is often pegged as the ultimately realization of the “American Dream,” but a new study from the MacArthur Foundation finds consumers may not agree with that sentiment. The housing crisis changed many things in the housing market –
March was another solid month for newly built residential home sales, as the new construction market bounced back from a disappointing February. After a disappointing February, the sales of new single-family homes returned to form in March, with sales
Apartment markets improved nationwide, according to a recent NMHC survey. All four indexes of the survey were above 50, indicating improving conditions. Apartment markets have improved across the nation, according to the National Multi Housing Council’s (NMHC) April Quarterly
NAR’s latest survey found that existing-home sales decreased in March due to limited inventory, which continued to pressure home prices. Existing-home sales decreased in March due to limited inventory, which continued to pressure home prices, according to the latest
Housing starts in the U.S. climbed 7 percent from February to March and rose a dramatic 46.7 percent from year-ago levels, the U.S. Census Bureau said last week. Starts last month rose to an annual rate of 1.03 million
When it comes to recommending a lender for a home purchase transaction, a new study shows that closing time, reliability and costs are among the most significant factors for real estate agents. The Campbell Surveys and Inside Mortgage Finance
A picture may be worth a thousand words, but what’s a word worth? Trulia combed through millions of property listings on for-sale homes to find the words and phrases in the most expensive and least expensive listings, as well
According to Laurie Moore-Moore, CEO of The Institute for Luxury Home Marketing, the Great Recession not only reduced the number of wealthy people, but changed attitudes and buyer behaviors. Moore-Moore notes that, “In 2008, as a result of the
The Economic Growth Pace is Above-Trend and Expected to Set a Moderate Pace for the Year Economic growth has accelerated to a pace of 3.2 percent, according to Fannie Mae’s Economic & Strategic Research Group. This pace is above-trend,
The mortgage markets have been on a bumpy ride the last five years; are the latest numbers from the Mortgage Bankers Association, though, a positive sign? Mortgage applications rose 4.8 percent last week to their highest level since May
The agent/lender relationship is a darned important one, and a new survey highlights just how influential agents are in the creation of that relationship. The relationship between agent and lender is one of the more integral in real estate,
