The American housing stock continues to age, a trend that represents an opportunity for remodelers and over the long term may signal a future increased demand for new home construction.
According to the latest data from the Department of Housing and Urban Development American Housing Survey (AHS), the median …
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates drifting slightly lower for the second consecutive week amid recent reports that inflation remains subdued.
"Mortgage rates were flat to down a little this week amid reports that inflation remains subdued,” …
In Q4 2013, Appreciation Slowed from Summer Peaks; Formerly Boiling Markets like Bay Area Reduced to a Simmer, According to Zillow Fourth Quarter Real Estate Market Reports
• U.S. home values ended 2013 up 6.4 percent year-over-year, to a Zillow Home Value Index of $169,100.
• National annual appreciation rate …
Homeowners and renters looking to make extra money by renting out their homes to visitors in town to watch the Broncos play the Seahawks in Super Bowl XLVIII are urged to first contact their insurer, according to the Insurance Information Institute (I.I.I.).
"Before renting out all or part of …
Recently, Freddie Mac released its U.S. Economic and Housing Market Outlook for January showing that four of the key housing indicators are all moving in the right direction, which bodes well for an ongoing recovery.
"As we start 2014, the housing recovery continues its steady pace,” says Frank Nothaft, …
Following an unusual surge in housing starts in November, nationwide housing production fell 9.8 percent to a seasonally adjusted annual rate of 999,000 units in December, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
“Total housing starts of …
Everyone has to start somewhere. Whether you’re new to the work force or only new to the real estate industry, your literal or metaphorical Rolodex might be a bit bare. But as a real estate professional, your success relies on who you know, and more importantly, who knows you. So …
The Mortgage Bankers Association (MBA) lowered its forecast for mortgage originations in 2014 by $57 billion to $1.12 trillion for the year, based on declining mortgage application activity and increasing interest rates.
“Despite an economic outlook of steady growth and a recovering job market, mortgage applications have been decreasing …
The 30-year fixed mortgage rate on Zillow(R) Mortgage Marketplace is currently 4.23 percent, down 16 basis points from 4.39 percent at this time last week. The 30-year fixed mortgage rate hovered near 4.39 percent for the majority of the week before plummeting to 4.29 percent on Friday. Rates continued to …
In recent years, I have touched on the subject of ensuring you are insuring your home and possessions properly. You don't want to pay for insurance you don't need - but in the unlikely event of a claim, you want to be sure you have adequate coverage to recover!
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