News Update

Today
According to RealtyTrac's latest Residential and Foreclosure Sales Report for March and the first quarter of 2014, U.S. residential properties sold at an estimated annual pace of roughly 5.2 million homes in March. March's figure was a point-4 percent increase from February. The median sales price for both distressed and [...]
Thu, Apr 24, 2014
Source: DSNews.com
According to RealtyTrac's latest Residential and Foreclosure Sales Report for March and Q1 2014, U.S. residential properties sold at an estimated annual pace of roughly 5.2 million homes in March, a .4 percent increase from February, and up 8 percent from the previous year.The post Total Home Sales and Prices [...]
Thu, Apr 24, 2014
Source: DSNews.com
U.S. Rep. Mark Takano claims the lending device for seniors is held together by “glue and tax dollars” and needs reform. [...]
Thu, Apr 24, 2014
Source: Press Enterprise: Real Estate
Single-family homes, condominiums and townhomes sold at an estimated annual pace of 5,253,464 in March, an increase of 0.4% from February and up 8% from a year ago, according to RealtyTrac’s March and Q1 2014 Residential & Foreclosure Sales Report. [...]
Thu, Apr 24, 2014
Source: Housing Wire
Earlier
As part of its “Know Before You Owe” initiative to streamline mortgage lending, CFPB released Wednesday the results of a year of research on the closing process, including comments collected from both consumers and market participants. The findings indicate frustration all around. “Mortgage closings are often fraught with anxiety,” said [...]
Wed, Apr 23, 2014
Source: DSNews.com
More good news has surfaced in the housing market, this time in Florida. According to Florida Realtors, the housing market reported higher median prices, more new listings, and a stable level of inventory in March. Closed sales of single-family homes statewide totaled 20,081 last month, up 2.8 percent from March [...]
Wed, Apr 23, 2014
Source: DSNews.com
Assurant’s net income is up $20 million from the first quarter of 2013, when the company reported $117.8 million in net income and earnings per share of $1.46. [...]
Wed, Apr 23, 2014
Source: Housing Wire
Christopher Whalen, an investment banker, author and frequent HousingWire contributor, brings more than 30 years of experience as an investment banker and analyst to Kroll. [...]
Wed, Apr 23, 2014
Source: Housing Wire
Housing leaders and regulators met in Washington, D.C. on Wednesday to further open the door to the greater use of technology in the mortgage process. [...]
Wed, Apr 23, 2014
Source: Housing Wire
If you look at the year-to-date totals, 2014 is only 2,000 home sales behind 2013. At the end of the first quarter in 2013, there were 109,000 total new home sales. The first quarter of 2014 had 107,000 new home sales. That’s only a 1.8% decline. [...]
Wed, Apr 23, 2014
Source: Housing Wire