Mortgage default rate versus rising home prices
Apr26

Mortgage default rate versus rising home prices

Article provided by: HousingWire.com With the financial crisis well behind the market, rising mortgage defaults and home prices are starting to simmer down. David Blitzer, managing director and chairman of the Index Committee at S&P Dow Jones Indices, explained in the latest S&P/Case-Shiller report, that mortgage defaults are an important measure of the health of the housing market. “Memories of the financial crisis...

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More Americans say real estate is best long-term investment
Apr25

More Americans say real estate is best long-term investment

Article provided by: Inman WASHINGTON, D.C. — Real estate, already Americans’ top pick as the “best long-term investment” for the last two years, has increased its lead over four other investment choices. Thirty-five percent of Americans now choose real estate, compared with 22 percent for stocks and mutual funds, 17 percent for gold, 15 percent for savings accounts/CDs and 7 percent for bonds.    ...

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Daily market update: April 19, 2016
Apr19

Daily market update: April 19, 2016

Article provided by: Inman.com We’ll add more market news briefs throughout the day. Check back to read the latest. U.S. Census Bureau/U.S. Department of Housing and Urban Development New Residential Construction for March 2016: Privately-owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,086,000, down 7.7 percent month-over-month but up 4.6 percent year-over-year....

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Banks Want More Owners to Tap Into Equity
Mar30

Banks Want More Owners to Tap Into Equity

Article provided by: NAR.com As home prices rise, banks are touting home-equity lines of credit (HELOCs), trying to get more home owners to take equity out of their homes. J.P. Morgan Chase & Co. started contacting customers in January, marketing the benefits of cash-out refinances for making home repairs, debt consolidation, and tuition payments. PNC Financial Services Group Inc. also increased its marketing on HELOCs. Read more:...

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Residential housing starts hit 5-month high
Mar16

Residential housing starts hit 5-month high

Article provided by: Housing Wire.com New residential construction reached its highest in five months as there remains a huge demand for single-family homes. This Bloomberg article goes into some detail about why this housing demand is so large.     According to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, home starts rose 5.2% and increased with a seasonally...

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6 economists forecast the 2016 housing market
Feb12

6 economists forecast the 2016 housing market

Article provided by: Inman Trends, forecasts and more from some of the most prominent economic minds in the industry Key Takeaways   Growing rental rates and moderate home price growth should mean more people look to buy in 2016. Mortgage rates will rise, which should also help boost numbers of buyers. Inventory is expected to remain a problem, however. As we ring in a New Year, Housing News Report asked six prominent economists...

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