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New Home Purchase Apps Stagnant in December
Applications for mortgages to purchase newly constructed homes dipped slightly in December, down 0.4 percent from the volume reported in November. This estimate from the Mortgage Bankers Association, based on data from its Builder Application Survey,
All-Cash Sales Should Normalize by 2017
Cash sales dropped on a year-over-year basis for the 22 nd consecutive month in October and CoreLogic is projecting they will return to their pre-crisis levels by 2017. All-cash transactions represented a slightly higher share of transactions in October
CoreLogic: Foreclosure Inventory Heading Below Half Million
Foreclosures, while now down 64 percent from the peak reached in September 2010, are still nearly double the monthly average before the housing crisis. CoreLogic said today that there were 41,000 completed foreclosures nationally in November, 5,000 less
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...