Confidence for transaction volume growth over the next 12 months increased 0.4 percent from Q4 2016 and increased 0.63 percent compared with a year ago. Confidence for growth in purchase transaction volume over the next 12 months increased 6.5 percent from last quarter and 3.7 percent compared with a year ago.
Are housing costs your biggest monthly expense? For most American families, they are. But, there's a way to drop your housing bills dramatically: Pay off your mortgage early. Foreclosure News
A strong fourth quarter helped push mortgage originations for the whole of 2016 to the highest level in four years . Black Knight's Mortgage Monitor reports that total first lien originations rose 17 percent over originations in 2015 to $ 2.1 trillion. Foreclosure News
Why are people more inclined to rent than to buy? Let's take a deeper look at the rise in rentals and how it affects the housing market. Single-family rentals – either detached homes or townhomes – are developing faster than any other portion of the housing market. Foreclosure News
Do you ever feel like you are drowning in debt? Have you ever considered simply not paying your debts? What's the worst that can happen if you refused to pay them back? Unless you owe that debt to the “unregulated” end of the high-risk loan market, nobody named Vito is going to show up and…
House Democrats cast doubt Friday on the Trump administration's oversight of Treasury Secretary Steven Mnuchin's former bank, calling for more congressional scrutiny into agencies' investigations. Rep. Maxine Waters of California, the top Democrat on the House Financial Services Committee, joined with Rep. Al Green of Texas, the top Democrat on the oversight subcommittee, asked for…
For those of you that read my weekly Housing Notes , you'll know I refer to 2014 as “Peak New Development” for the Manhattan housing market. “Peak Luxury” works as a label too. Foreclosure News
