Tag Archives: recovery

Strong Equity Gains are Giving Homeowners More Options

Residential homes in the United States have experienced strong equity gains in the last three years, and a recent survey indicates that they expect the equity gains to continue in 2016.  In a new survey conducted by loanDepot released Monday, 60 percent of respondents said their homes have gained equity in since 2013 as the housing […]

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Distressed Sales Share Falls to Lowest Level in Eight Years

Distressed sales (short sales and REO properties property sales) accounted for just 12.7 percent of residential real estate transactions nationwide in 2014, the lowest share since 2007, according to Black Knight’s February 2015 Mortgage Monitor released today. The share of distressed sales for 2014 was down from 17 percent reported for 2013, according to Black […]

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Economy Moving Closer to Norma

After half a year of failed predictions and slow starts, the U.S. economy actually appears to be closing in on normal, at least according to Freddie Mac. Freddie Mac’s latest Economic and Housing Market Outlook shows that the agency expects to see the U.S. housing market driven once again by fundamentals—jobs, household formations, and affordability—rather than economic upheaval. Freddie Mac […]

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Could another Phoenix-area housing shortage be on the way?

The Phoenix area could soon see another shortage of homes for sale, like the one it endured from 2012 to 2013. According to a new report from the W. P. Carey School of Business at Arizona State University, very weak demand is masking the fact that relatively few homes are coming onto the market for […]

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Housing Confidence Up but there is Room to Grow

Consumers believe that their outlook is getting better. But they are not necessarily ready to participate in the housing market just yet. The June Housing Survey released by Fannie Mae shows that consumer sentiment toward the housing market is continuing to improve as the overall economic outlook improves but it still sits well below the […]

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Consumers Offer Mixed Opinions on Housing Market’s Future

Housing optimism for the year ahead diminished somewhat in March, though signs largely point to a positive spring season. Fannie Mae released Monday its most recent National Housing Survey, revealing a slight softening in the housing recovery as monthly indicators remain volatile. According to results from the March survey, fewer than half of consumers polled expect home […]

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Housing Markets Improving But Most Metros Not Yet ‘Stable’

Housing markets in half of all states and 35 of the top 50 metros are improving, according to a new report from Freddie Mac. However, only 11 states and four of the top 50 metros are “stable” compared to each market’s individual historical norms, Freddie Mac reported. Freddie Mac’s first Multi-Indicator Market Index (MiMi) was […]

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Now is the Time to Buy a House….in Fact, Buy TWO!!!

http://buzz.money.cnn.com/2013/07/17/john-paulsons-housing/?iid=HP_LN John Paulson, owner of the hedge fund Paulson & Co, has made millions betting against subprime mortgages.  Now he’s saying that buying a home is one of the best investments one can make.  He believes we are still very close to the bottom of the housing market and that the recovery will continue for […]

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If Everyone Says it’s A “Seller’s Market”, How Can It Be A Good Time To Buy?

All indicators say that we are in a “Seller’s Market”.  What does that mean?  According to Michael Orr, Director of the Center for Real Estate Theory & Practice at the WP Carey School of Business at ASU, it is based on the age old Supply & Demand equation.  When Buyer Demand exceeds the number of […]

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Hope for Homeowners

We all have seen interest rates rising in the past weeks with 30-year fixed mortgages going up almost a full percentage point from the all time lows recorded about 6 months ago. Consumers (and REALTORS(R) are understandably concerned about how these rising interest rates are going to affect the real estate market. While there is […]

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