Real Estate News

Mortgage Bankers Association shows April application drop after

Published: 17 May 2017

The Mortgage Bankers Association reported on both ups and downs for mortgage application rates this year. A release, most recently dated for May 10, said that the Market Composite Index grew 2.4 percent for the first week of May.

Millennial ranking declares best place for this demographic

Published: 17 May 2017

If millennials are set to play a key role in the housing market, then what are the places they'll probably move to the most? To understand that, you need to identify what matters to this demographic, and that's what the neighborhood ranking site Niche recently did.

New study focuses on the impact of credit on buying home insurance

Published: 15 May 2017

The fact that states can have differing title insurance and property laws may seem obvious, but there are other differences that might not be as clear. When the state you're buying property in makes a difference, there's a lot that could influence your ultimate decision, including the strict (or not as strict) relevance of credit scores. A Quadrant Information Services and InsuranceQuotes study looked at the relationship between credit scores, states and the home market.

FBI: Title company fraud complaints spiked in 2016

Published: 15 May 2017

Fraud prevention is an unavoidable issue for real estate companies, including those that handle title. According to a May 4 FBI announcement, 2016 saw a particularly large amount of complaints lodged with the Internet Crime Complaint Center, also known as IC3. 

What makes a 'starter home' in today's economy?

Published: 12 May 2017

The future of the housing market will probably always depend on fresh new buyers searching for a residence. Right now, the much-criticized millennial generation is in the spotlight, as it ages into a more ideal demographic for purchasing real estate. To get their first taste of ownership, new buyers can search for "starter homes" that are affordable and modest, yet still large enough to fit an owner's specifications.

Reports show recent luxury market trends

Published: 12 May 2017

Although it may seem exclusive, the luxury housing market can reflect some of the same conditions that other sectors do. There's mixed news for preimum homes in recent months, according to a pair of sources, which could put luxury buyers in a peculiar spot while they search for their ideal high-end home.

Spring home market brings challenges for buyers

Published: 10 May 2017

When the weather starts to warm, buyers may be in an active mood, seeking out what could be their new homes. Although there have been some generally favorable predictions for the year, those looking to purchase in the coming months could be in for some challenges, according to the Wall Street Journal.

CFPB announces plan to review mortgage rule

Published: 08 May 2017

Four years after it first appeared, the Consumer Financial Protection Bureau is taking a closer look at a rule that could affect borrowers. According to a press statement from May 4, the organization wants to review the mortgage servicing rule of the Real Estate Settlement Procedures Act, which has granted certain protections to those with mortgage loans since it took effect in 2014.

Title insurance proposal would tighten regulations in New York

Published: 06 May 2017

Because much of the details of title insurance vary from state to state, even those that aren't affected by a particular bill might want to watch for new ones. The state of New York now has some possible proposals in the wings which would help it address possible corruption within the title insurance industry.

Ups and downs for housing market, says NAHB

Published: 03 May 2017

The National Association of Home Builders published its updated Housing Market Index figures to include estimates for April 2017. This allows readers to look as far back as 12 months and see the rise and fall of the scale, based on the shifts in the single-family housing market and the level of buyer activities in different regions, among other things.

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