The volatility of mortgages is clearly seen by the latest origination projections released by the Mortgage Bankers Association (MBA). The trade group announced recently that it expects to see $1.2 trillion in mortgage originations during 2014, a 32 percent decline ...Read More »
Q: In many markets, the inventory of listed homes is very low and dropping. Yet the number of home sales is rising. What’s the answer to that puzzle? A: A rising number of off-market (nonlisted) home sales are occurring. ...Read More »
The demand for apartment units continues to grow while rents remain flat in most markets. Apartment vacancies fell by 1 percent in the third quarter to 4.2 percent, according to a preliminary look of the ReisReports third-quarter market report for ...Read More »
Recent studies have shown that most people start their search for a new home by accessing sites on the Internet, in addition to handling many financial affairs online. However, a growing proportion of online users have become very skeptical about privacy issues related to their online use.Read More »
One of the most overpriced closing costs when buying or selling a home is now getting more expensive. Homebuyers and sellers have long complained about the exorbitant cost of title insurance coverage when computer technology has substantially simplified and sped up the property searching process.
Tagged with: Jim WoodardRead More »
More consumers are opting to live alone, with single buyers making up a quarter of all home purchases, according to the National Association of Realtors. In the U.S., there are 33 million one-person households, and living solo is becoming an international trend.Read More »
Arranging for a new mortgage loan, to finance the purchase of a home or to refinance an existing loan, is very different today from the process used a few months or years ago. Even applicants with exceptionally good credit should expect extensive scrutiny when applying for a mortgage today, The New York Times reports.
Tagged with: RefinanceRead More »