Real Estate News

New ALTA supplements look to help best title practices

Published: 25 Apr 2017

Given the complex nature of title insurance, it's understandable that companies would need a set of standards to follow to stay aligned. Potential homeowners could stand to benefit as well, which is why both sides may need to pay attention to the new announcement from the American Land Title Association.

Home prices show surprisingly different rates across country

Published: 25 Apr 2017

No interested home buyer probably expects every market in the U.S. to be the same. Certain states have a history for being less expensive than others, and conventional wisdom holds that the city is usually pricier than a less developed urban area, though certainly not always. There are, though, some pieces of information that only come through when you put some of the most obviously different prices against each other for comparison.

Dip in vacation home sales, says NAR

Published: 21 Apr 2017

Several sources have predicted a rise in home sales, or at least an overall improvement as the market evens out while younger buyers finally gain confidence. However, this is a complex picture as there are several different sectors of every housing market, and they might not always appreciate at the same rate.

Survey compares millennial home buyers around the world

Published: 20 Apr 2017

The contrast between the U.S. and its international neighbors has led to debate over the future of the global economy. An HSBC survey recently looked at the explicit differences between millennials around the world that could conceivably buy a home soon.

Mixed news for ARMs in latest MBA survey

Published: 19 Apr 2017

As part of its regular forecasts, the Mortgage Bankers Association released a new statement describing the volume of mortgage applications seen this spring. In the April 19 release about the trend of applications, the MBA said that the Market Composite Index dropped by 1.8 percent. As in many of these statements, there were mixed figures, with some values increasing while others dipped.

Latest stats show good sales for spring

Published: 17 Apr 2017

As spring has now begun, we can assess whether or not the much-anticipated housing sales growth will happen. Judging solely by news from Redfin, the immediate outlook appears to be positive, with the second quarter of 2017 representing a return to the highs of two years ago.

New yearly low for mortgage rates

Published: 14 Apr 2017

The most recent figures have shown record lows for 2017 mortgage rates, according to data from Freddie Mac. The company explained the trend in a press release on April 13, in which it announced the latest 30-year fixed-rate mortgage level of 4.08 percent. Similarly, 15-year fixed rate mortgages and five-year ARMs also trended downward, according to Freddie Mac's own Primary Mortgage Market Survey.

Builders and real estate agents make efforts toward green awareness

Published: 14 Apr 2017

Environmental concerns are common for many, and these can drive decisions in several different areas, including home sales. Multiple reports have come out recently supporting the role that sustainability can play in the real estate market.

CoreLogic confirms low delinquency rate for mortgage payments

Published: 12 Apr 2017

With two months to analyze the data, it's possible to appreciate the homeowner and mortgage statistics of January more fully. CoreLogic now has details on the delinquency payments for mortgages as of the end of the first month of the year. A release on these findings implied that two-thirds of homes in the country have a mortgage attached to them.

Buyers still fearing high prices for 2017 home sales, says Fannie Mae survey

Published: 12 Apr 2017

A Fannie Mae survey hints that home buyers expect purchasing a home to be difficult in 2017. The National Housing Survey's March 2017 Home Purchase Sentiment Index levels show a sharp decline after previously seeing an uptick. It's especially notable because the February statistics weren't just a sudden spike, but also a five-year survey high, according to Fannie Mae itself.

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