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Results: 10 Articles found.

December 2017

Banks Delayed Foreclosures to Influence Dodd-Frank, Research Shows

Banks servicing delinquent mortgages in 2009 and 2010 are alleged to have delayed foreclosure proceedings in electoral districts of then-members of the House Financial Services Committee to influence congressional action on Dodd-Frank, according to the Federal Reserve in Chicago and university researchers, MarketWatch reported.

 
December 2017

Stop Penalizing Banks for ‘Innocent’ Mortgage Mistakes: HUD

U.S. Department of Housing and Urban Development Secretary Ben Carson said he wants to stop penalizing big banks for "innocent" mortgage lending mistakes, Bloomberg reported. Speaking Oct. 23 at a Mortgage Bankers Association conference, Carson said he wants lenders to help lower-income borrowers without fear of being sued by the federal government.

 

December 2017

Airbnb Drives Up Rents, Home Prices, Research Shows

Home-sharing service Airbnb contributes to an increase in both rents and home prices by making it financially viable for homeowners to refrain from selling their house or finding a long-term renter, further reducing the already limited supply of available properties, according to researchers at UCLA, MarketWatch reported Oct. 31.

 
December 2017

Home Prices Climb to ‘Overvalued’ Levels, CoreLogic Reports

Home prices nationwide continue to climb, rising 7 percent year over year in September and pushing home values into the "overvalued" category in nearly half the top 50 markets, according to the Home Price Index from analytics firm CoreLogic, HousingWire reported Nov. 7.

 

December 2017

No National Housing Bubble, but Report Shows Some Cities at Risk

While home prices haven't risen to bubble levels nationally, some cities, including San Francisco; San Jose, California; and Miami, are at risk as home prices there are rising faster than household income, the Urban Institute reported Oct. 25.

 
December 2017

Apartment Markets Decline for Eight Consecutive Quarters: Report

The apartment market has declined for eight consecutive quarters, the National Multifamily Housing Council reported Oct. 23 in its quarterly survey of apartment market conditions. The market is headed into a seasonally slow period, which should ease pressure on rents and occupancy rates.

 

December 2017

Homes Certified as ‘Green’ Sell for Premium, Appraiser Study Shows

Homes certified as green sold for 5 percent more than similar homes without certification, according to a Pearl National Home Certification study released Oct. 30. The study of homes in Maryland and Virginia was authored by Sandra K. Adomatis, SRA, with support from Donald S. Boucher, SRA; Woody Fincham, SRA, AI-RRS; and Betsy Hughes, SRA.

 
December 2017

Report Ranks Seattle as Top Growth City

Seattle is poised for growth and has the best market outlook in the U.S., PwC and the Urban Land Institute reported Nov. 2 in their Emerging Trends in Real Estate report. Many top-ranked cities, which also include Austin, Texas, and Salt Lake City, are smaller, secondary markets with robust economies and young, skilled workers.

 

December 2017

Now is Not the Time to Buy or Sell a Home: Fannie Mae Survey

The number of Americans who believe now is a good time to buy or sell a home dropped in October as the summer homebuying season ended, Fannie Mae reported Nov. 7 in its Home Purchase Sentiment Index. Increased concerns about job security and wages helped dull housing market interest.

 
December 2017

Many Americans Ditch Dreams of Homeownership, Study Finds

Nearly half of Americans believe they will never be able to afford a home, despite more than 60 percent who said they want to purchase one, according to a study from financial services firm ING, MSN Money reported Nov. 7. Rising home prices and stagnant wages have discouraged many consumers.

 
Results: 10 Articles found.

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