Diana Olick | @DianaOlick Monday, 27 Mar 2017 | 1:30 PM ETCNBC.com Sluggish housing recovery takes a bite out of the economy  Monday, 27 Mar 2017 | 8:23 AM ET | 03:23 Housing remains in high demand in most of the nation, but the housing recovery looks increasingly uneven, depending on location. Whether buyers are shopping
STUART – There are a lot of misconceptions surrounding reverse mortgages. I’ve highlighted six here that seem to come up most often in conversations with clients. I hope these will help when considering whether a reverse mortgage is the right path for you. Myth No. 1: The lender owns the home You will retain the
NEW YORK – Jan. 16, 2017 – Luxury real estate agents should start 2017 with enthusiasm they have reason to be optimistic about their sector. This year will bring its share of exciting developments, innovative design, progressive trends and brand new technology to the high-end real estate market. There is never a standstill in this
WASHINGTON – Dec. 2, 2016 – What fall slowdown? In many markets across the country, the housing market is showing anything but the typical seasonal slowdown. In fact, a report released by the National Association of Realtors® (NAR) finds just the opposite. Existing-home sales eclipsed June’s cyclical sales and, in October, zoomed to the highest
ORLANDO, Fla. – Nov. 14, 2016 –The number of U.S. downpayment assistance programs decreased 3 percent from the previous quarter, according to Down Payment Resource’s Third Quarter 2016 Homeownership Program Index (HPI). However, of the nation’s 2,392 programs, almost 88 percent currently have funds available for eligible homebuyers, an increase of 3 percent from the
1 in 4 Fla. owners with mortgage is ‘equity rich’ IRVINE, Calif. – Nov. 17, 2016 – ATTOM Data Solutions’ Q3 2016 U.S. Home Equity and Underwater Report finds that 23.4 percent of U.S. homeowners with a mortgage are equity rich, meaning their loan-to-value ratio is 50 percent or lower. It’s a year-to-year increase of
Recently there has been a lot of talk about home prices and if they are accelerating too quickly. In some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise. The great news about rising prices, however,
WASHINGTON – Nov. 14, 2016 – Can computers, big data and advanced analytics replace real live humans when it comes to accurately valuing the home you want to buy? One of the two largest financial players in U.S. real estate thinks so and is preparing to introduce changes that could prove momentous – and highly
Oct 24, 2013 | By: Brian O’Connell The home mortgage market received some good news recently with reports that underwater mortgages have been drying up fast, putting the U.S. housing market on firmer, higher ground. According to CoreLogic, 2.5 million U.S. home properties in the second quarter of 2013 emerged from being in negative equity