News / Features
It’s been the saga of fall, with enough twists and turns to pilot a TV miniseries. First, the ceiling on federal loan limits fell on Oct. 1, ending a three-year expansion that raised the limit for FHA and other
CoreLogic released its latest Home Price Index, or HPI, earlier today, showing that home values declined on a month-to-month basis for the second straight time from August to September. Though the Case-Shiller Home Price Index, which is released the
Fannie Mae’s latest National Housing Surveyfinds homeowners in the U.S. are still uncertain about the future of housing and the economy, though a couple of indicators did maintain their numbers and resist declines. Conducted via telephone, the survey polled
The U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD) released the October edition of the Obama Administration Housing Scorecard, a detailed report on the nation’s housing
Contrary to popular belief, first-time homebuyers are indeed alive and kicking; buying homes at essentially the same rate as they were before the first-time homebuyers credit stimulated demand two years ago. Data suggests that rates could be higher, however, if
According to the third quarter National Housing Survey conducted by Fannie Mae, there may be a correlation between consumer attitudes and personal experience. Results found pessimistic responses regarding the economy from those who know someone who has defaulted on
ActiveRain, the social networking site for Realtors, is more than a “Facebook for agents;” rather, it’s an important professional networking resource, one that can introduce agents to scores of valuable industry contacts. As such, it’s valuable to optimize your presence
According to a report from Reuters, recent comments by Department of Housing and Urban Development Secretary Shaun Donovan suggest that the government is considering new rounds of refinancing aid for American homeowners, beyond the recent revisions to the Home
A lawsuit filed by Illinois Attorney General Lisa Madigan against mega-bank Wells Fargo got the green light today from a state court judge. The suit, which was originally filed in the summer of 2009, alleges that Wells Fargo engaged in
During the boom years, bigger and better was the mantra for everyone in the housing market, most of all developers. “McMansions,” as they were called, sprang up in suburbs across the country, and everybody seemed to have the financing
Seeking to debunk the conventional wisdom on detached homes, a new piece by Wendell Cox of New Geography, citing data from the 2010 American Community Survey, throws down the gauntlet on detached housing, claiming the housing type is not
According to a recent Houston Chronicle article, area builders in Montgomery County have been thinking extra hard about new ways to “go green” in construction practices. In the interest of lowering home energy bills and doing their duty for
The newest Texas Quarterly Housing Report from the Texas Association of Realtors (TAR) continued the good economic news for the state, reporting another jump in sales that suggests the state’s market may be returning to normal, pre-boom
Allied Home Mortgage Corporation and its CEO James Hodge were suspended today for fraudulent lending practices that cost the government hundreds of millions of dollars. The U.S. Department of Housing and Urban Development (HUD) is considering debarring Hodge and
According to new data from the U.S. Census Bureau, construction spending rose for the second straight month, in increasing 0.2 percent from August to September to a seasonally adjusted rate of $787.2 billion. Though the spending was 1.3 percent
The delinquency rates at Fannie Mae and Freddie Mac, the GSEs that control more than half of the country’s mortgages, moved in opposite directions in September, with Fannie’s rate declining and Freddie’s increasing, according to a post by Calculated