Not all is going smoothly with the housing recovery as the summer ends. August data from Realtor.com shows that, though inventories are still falling, more and more markets are seeing prices go in the wrong direction, dropping below levels of a year ago. Read More »

In April lenders loosened up slightly on the loan-to-value ratio used to make approval decisions on mortgage refinance applications. However, but the lid is still screwed down tightly on purchase mortgages used to buy homes, according to the Ellie Mae Origination Insight Report. Read More »

Will Chicago be the next big city to witness its housing market implode, virtually without warning? Read More »

Foreclosure sales spiked in the first month of 2012. Sales in non-judicial states outpaced judicial by over three to one, exacerbating the backlog of foreclosures soon to reach local real estate markets in states where court orders are required to foreclose on homes. Read More »

Ten of the nation’s local real estate markets that suffered from high foreclosure rates in recent years, eight of which are in Florida, are leading America’s housing sector towards a general recovery, according to Realtor.com’s Top 10 Turnaround Town Report, fourth quarter 2011. Read More »

The unimaginable is now a possibility. According to the latest forecast by one of the nation’s leading housing data providers, by the end of the first quarter next year, the nation’s average home prices could sink below the lowest levels reached earlier this last year, when prices set a new record low. Read More »

Driven by a wave of FHA loans, applications for mortgages to purchase a home reached their highest level since May last week, but they still trail the 2010 application rate by more than 34 percent. Read More »

There are significantly fewer foreclosure sales today than there were before foreclosure moratoria were put into place during the Robogate scandal last fall and foreclosure sales are declining. Read More »

Half of all agents and brokers and forty-two percent of homeowners think that home values will decrease over the next six months, a huge increase in price pessimism over the first quarter. Read More »

For renters, the national recovery could be very bad news. That warning came from the Harvard Joint Center for Housing Studies’ latest report on America’s rental housing. Read More »