ATTOM reports home flipping profits lowest since great recession
Attom's 2025 report shows home flipping profits fell to the lowest since 2008 amid rising prices and tighter investor margins nationwide.
Obama pushes homeownership steps in once hard-hit Arizona
PHOENIX — Standing at the epicenter of the nation’s recent housing crisis, President Barack Obama on Thursday promoted plans to lower some mortgage insurance premiums, a move the White House […]
Obama to reduce FHA mortgage premium rate to spur buying
WASHINGTON — First-time homebuyers whose home loans are guaranteed by the Federal Housing Administration would benefit from an Obama administration move to lower mortgage insurance premiums. Under the plan, the […]
Hickory man sentenced in mortgage and consumer fraud conspiracy
CHARLOTTE – A Hickory man was sentenced this week to 30 months in federal prison for his role in a mortgage and consumer fraud scheme involving the sale and financing […]
Homeowners can save on FHA mortgage insurance
A new plan has been implemented that can save substantial costs for mortgage borrowers. Federal Housing Administration borrowers may be able to lower their mortgage insurance premiums if they agree […]
There’s an app to turn down slow cooker
Your next new home may be firmly plugged into electronic advancements. This year’s Consumer Electronics Show in Las Vegas has surprised many within the real estate industry for the quantity […]
Rental caps increasingly divide condos
DEAR BENNY: Our condominium declaration allows renting but there is no rental cap or time period for the lease. We have a waiting list of people who want to rent […]
History in the remaking
The site of a bloody and controversial 1929 labor strike in Gaston County is set to start a second life, as developers revitalize an abandoned mill in west Gastonia. Built […]
Is Web traffic a good bot, or a bad bot?
The interest rate for a large jumbo mortgage is now less than the rate for a smaller conventional loan. The increase in rate for conventional loans, combined with banks seeking […]
FHA commissioners defend actions
At a recent gathering of commissioners, strong support for the Federal Housing Administration was expressed. Lawmakers in Congress who are raising alarms about the FHA needing a bailout and supporting […]
Moody’s predicts strong housing market through 2015
Some people view the housing market as being soft, due to certain negative reports. However, Moody's Analytics predicted the housing market will remain strong through 2014 and 2015.
Condo loan rules stifle sales
Since developer Mike Kelly started selling units in his company’s new $50 million condominium community in Patchogue last fall, he’s been up against more than just a sluggish housing market.
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