Real Estate News

  • New ALTA supplements look to help best title practices

    Published: Tue, 25 Apr 2017 22:03:21 GMT

    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.

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  • Home prices show surprisingly different rates across country

    Published: Tue, 25 Apr 2017 13:34:48 GMT

    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.

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  • Dip in vacation home sales, says NAR

    Published: Fri, 21 Apr 2017 19:45:46 GMT

    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.

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  • Survey compares millennial home buyers around the world

    Published: Thu, 20 Apr 2017 13:33:27 GMT

    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.

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  • Mixed news for ARMs in latest MBA survey

    Published: Wed, 19 Apr 2017 20:55:06 GMT

    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.

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  • Latest stats show good sales for spring

    Published: Mon, 17 Apr 2017 22:28:47 GMT

    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.

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  • New yearly low for mortgage rates

    Published: Fri, 14 Apr 2017 16:37:47 GMT

    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.

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  • Builders and real estate agents make efforts toward green awareness

    Published: Fri, 14 Apr 2017 01:06:05 GMT

    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.

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  • CoreLogic confirms low delinquency rate for mortgage payments

    Published: Wed, 12 Apr 2017 20:57:01 GMT

    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.

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

    Published: Wed, 12 Apr 2017 10:55:49 GMT

    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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  • Report: Resales help improve NYC home market

    Published: Mon, 10 Apr 2017 21:04:37 GMT

    An Elliman Report for the first quarter of 2017 showed some potentially significant shifts for the New York City housing market. As a famously expensive region, the need to address affordability is one possible sign of a move toward buyer interests, even with month-to-month rental price increases.

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  • New MBA survey shows mixed results for housing applications

    Published: Sat, 08 Apr 2017 10:28:17 GMT

    The April 5 Mortgage Buyers Association examined some of the latest developments regarding the Market Composite Index, as well as other signs of changing mortgage statistics. A mix of different decreases and increases could add complexity to previous readings of what the current month has in store for the market.

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  • Newly decided title case could change use of 'in rem' for tribal title cases

    Published: Wed, 05 Apr 2017 17:51:22 GMT

    A Washington state legal dispute involving tribal land rites could be significant for similar future cases. According to the National Law Review, the Upper Skagit Tribe tried to contest that a family's boundary fence fell on their land.

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  • Student loans and maintenance fees still possible obstacles to buying a home

    Published: Tue, 04 Apr 2017 21:26:03 GMT

    A constant financial theme among millennials is the difficulty in paying off debts, especially student loans. This is rightly considered a barrier for anyone buying a home, and what makes it an even more daunting topic is the way it can add on to other daunting financial concerns.

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  • 5 tech-driven real estate trends on the horizon

    Published: Fri, 31 Mar 2017 20:57:01 GMT

    Businesses seem to be working hard to bring real estate up to date, at least when it comes to technology. From innovations that connect more buyers to better digital presentation, the increases in available tools are targeting areas like sales and customer engagement. This could be important areas of focus as the need to raise sales becomes more essential

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  • The 'middle' could dictate future of U.S. housing

    Published: Fri, 31 Mar 2017 20:56:54 GMT

    Different sizes of apartment buildings can be what drives the residential market in the near future, according to one recent article. Bloomberg argued that the "missing middle" of the housing market is going unnoticed because developers are instead focusing on large-scale projects, leaving the more affordable rental units underserved.

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  • Home sales could mean happy times ahead for buyers and sellers

    Published: Fri, 31 Mar 2017 20:16:46 GMT

    At the end of March, new the National Association of Realtors released new details about the pending home sales figures from February. This information could show important trends on the horizon as the housing market enters its second quarter for 2017. It meshes with the NAR's previous assertions about the possible optimism of the current housing market.

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  • Could residential real estate stand out against commercial?

    Published: Thu, 30 Mar 2017 16:08:31 GMT

    When other types of property become more expensive, housing gains could become continually apparent. The online real estate business Ten-X reported that apartment pricing was stronger than other comparative markets recently.

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  • Jumbo mortgage rates decrease in latest assessments

    Published: Thu, 30 Mar 2017 13:50:26 GMT

    New data has shown a decline for 30-year fixed jumbo mortgage loan rates, according to information culled by The Motley Fool. As of March 24, the source said these rates, which account for loans in excess of $417,000, are .14 percent lower than they were in February.

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  • The pros and cons of ARMs for home buyers

    Published: Thu, 30 Mar 2017 13:04:08 GMT

    For those in the market for a new home, an Adjustable Rate Mortgage could seem like the perfect answer. Recent statistics seem to show that these are both attractive options and an alternative to other mortgages which may not fit buyer needs. 

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  • 3 possible results of the Federal Reserve rate increase

    Published: Tue, 28 Mar 2017 13:15:37 GMT

    After speculation and hints, the Federal Reserve did finally raise rates on March 15, 2017. Although there was much written about this hike before it even happened, now there's a greater opportunity to see what exactly will play out for mortgages, especially if further rate changes are on the way.

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  • EnTitle Direct discovers lost title insurance savings in Pennsylvania market

    Published: Mon, 27 Mar 2017 14:12:07 GMT

    In 2015, Pennsylvania homeowners may have paid more for title insurance than they needed to, according to a newly published EnTitle Direct Insurance pricing study. While some residents may turn to the Title Insurance Rating Bureau of Pennsylvania for policies, EnTitle had rates that were 35 percent less expensive. 

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