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Results: 1300 Articles found.

August 2016

Experts: Homes Prices Are High, but no Bubble

Real estate experts deny the housing industry currently is in a bubble, instead blaming low inventory for rising home prices, Bloomberg reported July 18. Prices are expected to decline organically when prices get high enough to drive buyers away.

 
August 2016

CoreLogic: Home Prices Keep Rising

Home prices hit a nine-year high in May, increasing 5.9 percent from the same point a year ago, according to the U.S. Home Price Insights Report from analytics firm CoreLogic, HousingWire reported July 5. Prices are expected to keep rising as mortgage rates keep dropping.

 

August 2016

FHFA Clarifies Principal Reduction Eligibility

The Federal Housing Finance Agency reported July 11 that an estimated 31,000 borrowers nationwide are eligible for a one-time principal reduction, with most of the homeowners concentrated in five states: Florida, Illinois, Ohio, New Jersey and New York.

 
August 2016

NY Adopts Law to Combat ‘Zombie’ Foreclosures

New York Gov. Andrew Cuomo on June 23 signed into law legislation that reforms the state's foreclosure processes and imposes a pre-foreclosure duty on banks and servicers to maintain "zombie" homes - properties vacated as a result of foreclosure, HousingWire reported.

 

August 2016

New York First to Buy Delinquent FHA Mortgages

Officials in New York City on June 30 announced plans to purchase a limited number of delinquent loans from the Federal Housing Administration in what's being called a "first of its kind" program, HousingWire reported. The Community Restoration Program will oversee the purchase, which should help struggling residents avoid foreclosure.

 
August 2016

‘Down-and-Out’ Neighborhoods Make a Rebound

Many so called “rough-and-tumble” neighborhoods have bounced back in recent years, as tight inventory and new construction has helped convince homebuyers to consider such neighborhoods, analytics firm RealtyTrac reported July 20 in its best of the “bad” neighborhoods report.

 

August 2016

NAR: Renters Not Ready to Purchase

Current renters, especially those younger than 35, reportedly think now isn't a good time to enter the housing market, the National Association of Realtors reported July 13 in its Housing Opportunities and Market Experience survey. Conversely, 80 percent of current homeowners believe now is a great time to purchase a home.

 
August 2016

White House Unveils Clean Energy Initiative

The White House on July 19 announced the Clean Energy Savings for All Initiative, a joint effort from the Environmental Protection Agency and the departments of Energy, Agriculture, Veteran's Affairs, Housing and Urban Development and Health and Human Services to increase access to solar energy, promote energy efficiency and ensure homeowner access to solar options.

 

August 2016

Senators Tell FHFA to Leave GSE Reform to Them

While some in Congress are pushing the Federal Housing Finance Agency to let Fannie Mae and Freddie Mac recapitalize, a bipartisan coalition of senators is urging FHFA Director Mel Watt to let legislative efforts guide housing finance reform, HousingWire reported July 11.

 

August 2016

AQB Alters Supervisory Appraiser Criteria

The Appraiser Qualifications Board of The Appraisal Foundation on June 24 adopted changes to the Real Property Qualification Criteria, altering the minimum requirements for supervisory appraiser qualification.

 
Results: 1300 Articles found.

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