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Results: 1350 Articles found.
January 2017

House Flipping Slows Down, Analytics Firms Finds

The number of residential properties flipped during the third quarter was 45,718, a 15.1 percent drop from the second quarter when 53,892 properties were flipped, representing a six-year high, analytics firm Attom Data Solutions reported Dec. 8 in its U.S. Home Flipping Report.

 

January 2017

FHFA to Increase Loan Limits in 2017

The Federal Housing Finance Agency announced Dec. 1 that most areas will see a slight increase in loan limits Jan. 1, 2017 due to rising housing prices. In high-cost areas, loan limits will increase to $636,150 from $625,500. There were no areas with a decrease in the maximum loan limits.

 
January 2017

Millennials, Boomers Lead 2017 National Housing Forecast

Millennials and baby boomers are expected to dominate the housing market for the next 10 years, Realtor.com reported Nov. 30 in its 2017 National Housing Forecast. The report identified Phoenix as the country's strongest housing market, followed by Los Angeles and Boston.

 

January 2017

Fannie Mae Sees Negative Homebuyer Sentiment in November

The number of people who think that home prices will go up increased 4 percent in November while the number of people who believe now is a good time to sell a home dropped 6 percent during the month, Fannie Mae reported in its Dec. 7 Home Purchase Sentiment Index.

 
January 2017

S&P 500 Real Estate Sector is Market’s ‘Worst Performer’

The Standard & Poor's 500 real estate sector has been the market's worst performer since it launched in September, down 10 percent with further declines expected if rates go up, CNBC reported Dec. 6. The S&P has increased 2 percent during the same timeframe.

 

January 2017

Suburbs Draw Young Homebuyers: Urban Land Institute

Nearly 80 percent of the residents of the nation's 50 largest metro areas live in the suburbs, including nearly three-quarters of millennials, many of whom actively reject city living, the Urban Land Institute and the real estate advisory firm RCLCO jointly reported Dec. 5. Since 2000, suburban populations grew 91 percent.

 
January 2017

Home Prices Increase Nearly 7 Percent in October: CoreLogic

Home prices in October were up 6.7 percent from a year earlier, analytics firm CoreLogic reported Dec. 7 in its Home Price Index. Prices saw the biggest jump in the Pacific Northwest and western states.

 

January 2017

Carson Accepts Offer to Head HUD

Retired neurosurgeon and former presidential candidate Ben Carson on Dec. 5 accepted President-elect Donald Trump's nomination to head the U.S Department of Housing and Urban Development, Reuters reported. At HUD, Carson would oversee mortgage lending and multiple housing programs.

 
January 2017

Trump Treasury Pick Wants to Privatize Fannie, Freddie

Steve Mnuchin, President-elect Donald Trump's choice for secretary of the U.S. Department of the Treasury, said he wants to restructure and privatize Fannie Mae and Freddie Mac, stating that leaving them under "government ownership" displaces private lending in the mortgage market, HousingWire reported Nov. 30.

 

January 2017

Trump Adviser Expects ‘Very Substantial’ Regulation Reversal

Blackstone Group Chairman and CEO Steve Schwarzman, speaking Dec. 6 at an investor conference, said he anticipates "very substantial reversal of regulations of all types" for the financial sector under President Trump, Reuters reported. Schwarzman chairs a panel of business leaders who will advise Trump during his presidency.

 
Results: 1350 Articles found.

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