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Sellers' Market Drives Pending Sales to 2006 Levels
April saw the highest number for pending sales in nearly nine years the National Association of Realtors® (NAR) said today. The Pending Home Sales Index (PHSI) increased 3.4 percent compared to a slightly upwardly revised March number, 108.7. The
Running Out of Ways to Say 'Housing Weak but Improving'
Freddie Mac said that its Multi-Indicator Market Index (MiMI) for March continues to indicate a weak housing market overall but both monthly and quarterly improvement. The Index was at 75.4 in March, a 0.69 percent gain from February and a three month
Paid-Off Revolving Debt No Longer Required to be Closed – Fannie
Fannie Mae has issued a slew of updates, clarifications, and extensions affecting its Selling Guide . Announcement SEL-2015-06 includes the following changes. The most notable change concerns the way paid-off revolving debt is treated. Payoff of Revolving
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...