Tag Archives: news

Home Equity and Home Prices Continue Slow Climb

Home Prices are Headed Upward

The falling temperature of the chilling winter months doesn’t seem to have lowered home prices. In the fourth quarter, prices for single-family homes increased in 73 percent of American cities, a sign that we are still on track for recovery. But, ...

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Falling Mortgage Rates, South Florida’s Struggling Market & Other News

Delinquent Mortgages Still High

Delinquent Mortgages Still High in South Florida After getting badly battered by the housing downturn, things seem to finally be on the mend for the South Florida housing market. But, despite the baby steps toward improvement, the market still holds the ...

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Pending Home Sales Plunge in December

Foreclosures Still Weighing on Market

Foreclosures Still Weighing on Market The chilling month of  December drove pending home sales to its lowest depths since October 2011. Winters are always slow for the housing industry. With temperatures dipping to decade-low levels in some parts of the ...

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Mortgage Rates, Home Sales and Prices on the Rise

Increasing Home Sales and Mortgage Rates

Existing Home Sales Climb Sales of previously occupied homes climbed in December, making 2013 the best year of the housing market since 2006. That despite the gradual rise in mortgage rates last year. According to the National Association of Realtors®, ...

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Rule Change Forces Lenders to Disclose Appraisal Documents

Rule Change Forces Lenders to Disclose Appraisal Documents

A new rule, effective Jan. 18, makes the appraisal and loan underwriting process substantially more transparent for the average borrower. Specifically, an amendment to Regulation B, one of the regulatory provisions pursuant to the implementation of the Equal Credit Opportunity ...

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Foreclosures are Down; Tracking Home Values in Minority Communities

Foreclosures are Down; Tracking Home

Foreclosures Drop to Lowest Levels Since 2007 The new year is bringing in a lot of hope for the housing market. Foreclosure filings, which indicate repossession of homes because of missed mortgage payments, dropped to their lowest levels since 2007. ...

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Real Estate Forecast for 2014

Real Estate Forecast for 2014

Last year was a stellar year for the housing market. Recovery was in full steam with home prices appreciating, sales skyrocketing, foreclosures declining and mortgage rates still within an affordable range. The trends upped builder and consumer confidence and unleashed ...

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Homebuilder Reports Gains; Hot Markets to Watch in 2014

Homebuilder Lennar Corp. Reported Significant Gains

Slowdown Doesn’t Deter Lennar’s Performance Despite a slowdown in the housing market that hurt many big construction companies, America’s No. 3 homebuilder, Lennar Corp., reported a 13 percent hike in quarterly orders. Lennar also said it tallied the second-highest gross ...

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Housing Market Experiences the Chill Factor

Volatility in House Prices

Some Markets Cooling Down The housing market recovery has seen accelerated gains in some of the hottest spots, but it seems those markets are now starting to cool down, according to James Saft, a columnist for Reuters. And it may ...

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