Slightly over half of appraisers in a recent survey expressed a degree of confidence in the housing market and nearly half reported appreciating home values in their markets.
Continue reading...Tuesday, April 23, 2013
In another sign of institutional investors' appetites for foreclosures, inventories of presale foreclosures have declined nearly twenty percent since last year as lenders have made volumes of foreclosures available via REO tapes to well-funded hedge funds eager to buy in bulk.
Continue reading...Tuesday, April 9, 2013
Expectations among bank risk professionals for the relaxation of lending standards increased sharply in the first quarter, rising from 12.1 to 19.9 percent, according to the quarterly FICO/PRMIA) survey.
Continue reading...Wednesday, April 3, 2013
Six years of crisis have changed forever the way Americans think about housing. It's good news for rental housing and not so good news for the home ownership industry, according to a massive new study conducted by Hart Research for the MacArthur Foundation.
Continue reading...Monday, March 11, 2013
Just as the clock ticks down on the launch of the 2013 buying season, the Movoto mega site reports that in February days on market has dropped dramatically in its market footprint, which is heavily dominated by California markets.
Continue reading...Monday, March 4, 2013
The housing recovery is expected to grow at an annualized rate 0.6 percent through the third quarter of this year, then gain momentum and prices are projected to grow 3.7 percent between the third quarters of 2013 and 2014 until settling down to 3.3 percent annual increases over the next three years according to Fiserv, a financial services technology provider using data from the Federal Housing Finance Agency (FHFA).
Continue reading...Wednesday, January 30, 2013
Despite the greatest price increases in years, affordability has hardly budged from six year peaks and in many of the nation's most expensive markets, it's still rising.
Continue reading...Friday, January 18, 2013
Just two weeks after declaring home prices are overvalued by 10 percent, Fitch Ratings said yesterday that December's solid single family housing starts and an unexpected jump in multifamily starts are clear signals that 2013 should begin strongly for U.S. housing.
Continue reading...Friday, December 21, 2012
Single family home construction, the largest segment of the nation's home building industry, is operating at only 40 percent of its normal capacity despite a healthy improvement in starts and production over last year
Continue reading...Friday, December 21, 2012
Distressed homes, foreclosures and short sales, which are sold at a discount and depress home values, have fallen to the lowest levels since 2009 and are still dropping, according to the latest November market reports. Fewer discounted distressed sales contribute to forecasts of improving prices in the new year.
Continue reading...
Wednesday, April 24, 2013
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