New home sales reach 8-year high
New homes sales not only beat out experts’ expectations, but also hit an eight-year high. Although home prices are up, it does not seem to be discouraging the demand for new homes. Source: 1
Read moreCase Shiller: May home prices rise at modest rate
Opinions about this month’s Case-Shiller results are as mixed as the report seems to be. While prices continue to rise, it is at a smaller rate than before. The most surprising, however, was which markets are cooling versus those that…
Read moreHUD program offers investors a discount on default properties
Because many servicers and investors are new to the CWCOT program, Chronos Solutions offers high-touch service that walks them through the whole auction process. Whether the property is being sold through a live auction at the courthouse or through an…
Read moreAppraisals creep higher as Brexit continues to impact volume
Appraisal volume, while small, still increased for the week of July 17, as the impact from Brexit continues to filter through the systems. However, according to Kevin Golden, director of analytics with a la mode, the impact won’t last much…
Read moreCoreLogic revenue explodes thanks to growing property valuation business
Thanks in large part to its growing property valuation business, CoreLogic saw a huge jump in revenue during the second quarter, the company reported Monday afternoon. And the company plans to grab even more valuation services market share moving forward,…
Read moreHomeownership Still Desirable for Millennials
The majority of Americans still value homeownership, but millennials face major challenges in realizing this dream, nearly a decade after the subprime crisis. Homeownership in America has taken a beating in the past few years. Eight years after the subprime…
Read moreLow Supply Has Homes Selling Fast
Homes are selling an average of a week faster than they did a year ago, meaning home shoppers should be prepared to move quickly in a competitive housing market, according to the June Zillow® Real Estate Market Reports. Tight inventory continues…
Read moreA deeper look into Black Knight’s recent HPI report
A deeper look into Black Knight’s latest report on home prices shows a shocking discovery about where the top state, and the top metros lie. While home prices are up monthly across every state, just one area contains eight of…
Read moreMonday Morning Cup of Coffee: Is housing talk finally coming to the 2016 election?
Well, we’re smack dab in the middle of election season now, and housing is thus far, decidedly not on the agenda. But is that all about to change? While Republican nominee Donald Trump didn’t touch on housing in his acceptance…
Read moreBlack Knight: Home prices continue to trudge higher in May
Home prices produced much of the same in May, which isn’t necessarily a bad thing. Here’s which states and metros performed well this time around. Source: 1
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