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Results: 11177 Articles found.
Jun 12, 2019

Pricing and Inventory Make Albany, New York, Top Market for Homebuyers: Realtor.com

Albany, New York, with its moderate home price growth, expanding inventory and relatively slow selling times, is the nation’s best market for those looking to purchase a home, Realtor.com reported June 4. Chicago and San Antonio round out the top three best markets for homebuyers.

 
Jun 12, 2019

AI Distributes 45-Day Notice on Proposed Amendments to Regulation Nos. 1 and 2

The Appraisal Institute on June 10 distributed to AI professionals a 45-Day Notice regarding proposed amendments to Bylaws and Regulation Nos. 1 and 2.

 
Jun 12, 2019

Sales of Flipped Homes Reach 9-Year High, Average 38.7% Profit, Data Firm Reports

Home flipping accounted for 7.2% of all homes sold during the first quarter, the highest home-flipping sales rate since the first quarter 2010, analytics firm ATTOM Data Solutions reported June 4. Flipped homes sold for an average gross profit of $60,000, a 38.7% return on investment.

 
Jun 12, 2019

Mortgage Rates Still Falling, Reaching Lowest Point in Nearly 2 Years: Freddie Mac

Mortgage rates fell last week for the sixth consecutive week, dropping to their lowest level since September 2017, Freddie Mac reported June 6 in its Primary Mortgage Market Survey. Freddie noted that low rates can benefit current homeowners who are eligible to refinance conventional mortgages.

 

Jun 05, 2019

Licensed Alabama Appraisers Now Can Begin Performing Evaluations

Alabama enacted legislation, effective May 29, allowing state-licensed appraisers to perform evaluations for federally regulated financial institutions.

 
Jun 05, 2019

PACE Financing, Mortgage Disclosure Act Among CFPB’s Top Rulemaking Priorities for the Year

The Consumer Financial Protection Bureau published its rulemaking agenda May 22, revealing that two of the biggest regulatory matters it will focus on over the next year will be financing for property assessed clean energy loans and new rules related to the Home Mortgage Disclosure Act. The agenda covers rulemaking through April 30, 2020.

 

Jun 05, 2019

Airbnb’s Rapid Growth Hurting Hotel Revenue, Data Shows

The average revenue per room at hotels decreased by 0.02% for every 1% increase in the number of available Airbnb properties, according to researchers at Florida State University who analyzed data from 10 cities, CityLab reported May 29. Researchers found that the number of Airbnb properties jumped from 51 in 2007 to more than 500,000 in 2017.

 
Jun 05, 2019

Average Single-family Home Size Increases, Reversing a Shrinking Trend: NAHB

The size of new single-family homes averaged 2,584 square feet during the first quarter of 2019, up from 2,576 square feet during the fourth quarter — a move that runs counter to the recent trend of shrinking home sizes, the National Association of Home Builders reported May 21.

 
Jun 05, 2019

Pending Home Sales Drop Nationwide in April; Midwest is the Exception, NAR Says

Pending home sales dropped 1.5% in April, marking the 16th consecutive month of year-over-year declines, the National Association of Realtors reported May 30. The Midwest was the only region to see growth in pending home sales, which were up 1.3% for the month.

 
Jun 05, 2019

20 Members Received Designations from the Appraisal Institute in May

The Appraisal Institute designated 20 members in May, including nine who received their MAI designations, two who received their SRA designations, seven who received their AI-GRS designations and two who received their AI-RRS designations.

 
Results: 11177 Articles found.

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