Category Archives: National Real Estate

NJ to get 200,000 new homes

From the WSJ: Court Orders N.J. Towns to Allow Affordable Housing New Jersey towns and cities must accommodate unmet affordable-housing needs, the state Supreme Court said Wednesday in a unanimous decision that could greatly expand housing options for the state’s … Continue reading

Posted in National Real Estate, New Jersey Real Estate | 139 Comments

“Take a vacation on the house.”

From CNBC: Rising home values aren’t enough to shake consumers’ memories of the financial crisis Consumers still see value in buying and owning homes. Yet with memories of the recession still fresh in their minds, the recent lift in real … Continue reading

Posted in Housing Bubble, Mortgages, National Real Estate, Risky Lending | 85 Comments

Blue Horseshoe loves Ben Carson

From HousingWire: Housing industry rallies around Ben Carson for HUD secretary Do you remember that controversy about former presidential candidate and retired neurosurgeon Ben Carson being nominated as the next secretary for the U.S. Department of Housing and Urban Development? … Continue reading

Posted in Mortgages, National Real Estate, Politics | 22 Comments

November foreclosure inventory down 30%

From Corelogic: CoreLogic Reports 26,000 Completed Foreclosures in November 2016 CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its November 2016 National Foreclosure Report, which shows the foreclosure inventory declined by 30 percent … Continue reading

Posted in Foreclosures, National Real Estate | 108 Comments

As rates rise, FHA cuts premiums

From MarketWatch: After mortgage-rate spike, FHA to cut insurance premium The Federal Housing Administration will reduce the annual premium borrowers pay, in order to expand credit access to more Americans, the government announced Monday. Borrowers who close on an FHA … Continue reading

Posted in Mortgages, National Real Estate, Risky Lending | 73 Comments

November Prices Push Higher

From CoreLogic: CoreLogic US Home Price Report Shows Prices Up 7.1 Percent in November 2016 Home prices nationwide, including distressed sales, increased year over year by 7.1 percent in November 2016 compared with November 2015 and increased month over month … Continue reading

Posted in Economics, National Real Estate | 62 Comments

So much for the bump

From Reuters: Pending home sales drop to 10-month low in November Contracts to buy previously owned U.S. homes fell in November to their lowest level in nearly a year, a sign rising interest rates could be weighing on the housing … Continue reading

Posted in Demographics, Economics, National Real Estate | 32 Comments

New Record – New Bubble?

From the WSJ: U.S. Home Prices Climbed Sharply in October Home prices went up sharply in October, as the market showed no signs of slowing after setting a record a month earlier. The S&P CoreLogic Case-Shiller Indices, which covers the … Continue reading

Posted in Housing Bubble, National Real Estate | 14 Comments

Cost of regulation holding back new home sales/construction?

From Seeking Alpha: Trumponomics In The Housing Market With the market soaring high on Trumponomics (the belief that Trump’s business experience will fix the country), we should take a look at some of the “unnecessary regulation” that might seem ripe … Continue reading

Posted in National Real Estate, New Development, Politics | 17 Comments

Time to lube the mortgage market

From Business Insider: It hasn’t been this hard to buy a house in America since the financial crisis Housing affordability in the US is at an eight-year low, according to Attom Data Solutions. The parent company of RealtyTrac released its … Continue reading

Posted in Mortgages, National Real Estate, Risky Lending | 101 Comments

Home sales strong in November

From HousingWire: Existing home sales continue to climb at highest pace since 2007 Existing home sales increased for the third consecutive month in November to the highest pace in almost 10 years, according to the most recent report from the … Continue reading

Posted in Demographics, Economics, National Real Estate | 52 Comments

Corelogic: Rates won’t stop appreciation

From HousingWire: CoreLogic predicts housing market growth in 2017 Economic growth will be the theme of the housing market in 2017, according to the forecast from Frank Nothaft, CoreLogic senior vice president and chief economist. … 1. Increase in mortgage … Continue reading

Posted in Economics, Mortgages, National Real Estate | 60 Comments

A Trump Housing Market

From the WSJ: Trump Win Makes It Tricky to Foresee Path of Housing Market Before the presidential election, economists anticipated the housing market would continue its steady recovery in 2017. Growth in home prices and sales likely would slow after … Continue reading

Posted in Economics, Housing Recovery, National Real Estate, Politics | 39 Comments

Now lending standards go the other way

From the WSJ: U.S. Home Prices Soar, But Minorities and Young People Miss Out U.S. home values have jumped to records over the past four years, but some demographic groups have participated more in the rally than others. A study … Continue reading

Posted in Demographics, Economics, National Real Estate, Risky Lending | 28 Comments

HAMP v2

From Bloomberg: Fannie and Freddie Outline New Respite for Troubled Borrowers Distressed mortgage borrowers will get a new lifeline from Fannie Mae and Freddie Mac after a critical foreclosure-prevention program expires this month. The mortgage-finance giants on Wednesday outlined a … Continue reading

Posted in Foreclosures, Mortgages, National Real Estate | 90 Comments