News / Features
The “Echo Boomers,” the upcoming generation of working professionals aged 15 to 29, make up nearly 65 million individuals born between 1981 and 1995, an increase of nearly four million from the preceding “Baby Bust”generation. Clearly, quite a few
Consumer attitudes on both housing and the greater economy appear to be stabilizing, based on the results of Fannie Mae’s February 2012 National Housing Survey, a telephone poll of more than 1,000 Americans that assess their attitude on a wide
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray indicated in a speech Tuesday before the National Association of Attorneys General that his agency is preparing a new list of rules and guidelines for mortgage servicers drafted to better inform
CoreLogic’s Home Price Index, the measure of home values that is used by the Federal Reserve in its economic research, might have fallen for the sixth straight month in January, but it also contributed to what the National Association
There were quite a few features in the $26 billion mortgage settlement in February between the nation’s five largest banks and 49 state attorneys general, but one of the more notable details involved a $10 billion commitment to principal
President Obama unveiled yet another housing-related policy at a news conference yesterday that dramatically lowers interest rates for two to three million refinancing homeowners with Federal Housing Administration (FHA) mortgages. The policy would modify the FHA’s “Streamline” refinancing option
At this rate, the Ashby high-rise could make a cameo appearance on AMC’s popular drama “The Walking Dead.” After years of protests from citizens and lawmakers alike, Houston Mayor Annise Parker has mailed a letter to the residents of
Default risk for American homeowners fell to its lowest level in seven years in the first quarter of 2012, according to the latest Default Risk Index from University Financial Associates (UFA), with improving economic conditions and pricing being among
Standard & Poor’s released the latest Case-Shiller Indices last Tuesday, reporting a 1.1 percent drop from November to December and a 4 percent drop from December 2010. Those indices, however, rely on nominal prices, not the “real” prices that
We’re reported numerous times on the surging nature of the multifamily market, but a new study out from Fitch Ratings has pointed out a strange contradiction in the market’s performance that calls into question its relative
The REO Initiative, the government-led plan to convert thousands of GSE-owned REO units into investor-managed rentals, has been meet with both tacit and strong support from economic analysts, but Realtors appear to be lukewarm toward the measure, if a
Predicting the behavior of the housing industry is notoriously difficult – even Warren Buffett just conceded failure in that area of economic foresight – but as Bloomberg reports, there have been quite a few signs in the last couple
Electronic signatures, or e-signatures, are among the more convenient benefits of technological innovation in real estate. After all, given the numerous documents associated with homeownership, simply clicking on electronic documents to provide a signature is infinitely easier than manually
REO inventories for Fannie Mae fell by 43,961 units in 2011, as it disposed of more distressed units than it acquired, according to data it released yesterday. The GSE sold 243,657 units in 2011, while overtaking just 199,696; those
Construction spending posted a strong 7.1 percent year-over-year increase for the month of January, and though spending was mainly flat from December, it did show an uptick in residential
Homes in some state of foreclosure accounted for 24 percent of all U.S. residential sales during the fourth quarter of 2011, up from 20 percent in quarter three but down from 26 percent in 2010’s fourth quarter, according to the latest
