> Housing Trends > Time on Market > Proportion of Distressed Property Transactions > Homebuyer Participation Issue 01 / January 2014 Housing Trends Time on market for non-distressed properties remains low. There was a slight uptick in the distressed property share of sales in November. Investor participation increased for the…Read More »
Archive for the ‘Mortgage’ Category
Time on Market
Wednesday, January 8th, 2014
The housing market is stronger and more sustainable than it was a year ago
Tuesday, January 7th, 2014
The housing market is stronger and more sustainable than it was a year ago. It is worthwhile to review estimations for the 2014 calendar year: According to Lawrence Yun, chief economist at the National Association of Realtors, interest rates will climb to 5.4% by the end of 2014. However, Yun said that any buyer hesitation…Read More »
The housing market is stronger and more sustainable than it was a year ago. It is worthwhile to review estimations for the 2014 calendar year: According to Lawrence Yun, chief economist at the National Association of Realtors, interest rates will climb to 5.4% by the end of 2014. However, Yun said that any buyer hesitation…Read More »
As home prices and interest rates rise, more home sales are cash deals
Wednesday, January 1st, 2014
The proportion of all-cash home sales has doubled since May, making up 42 percent of all deals done in November, RealtyTrac reports — the largest proportion of cash sales since the data aggregator began tracking the stat nearly three years ago. RealtyTrac had previously reported that cash deals made up 45 percent of sales registered…Read More »
The proportion of all-cash home sales has doubled since May, making up 42 percent of all deals done in November, RealtyTrac reports — the largest proportion of cash sales since the data aggregator began tracking the stat nearly three years ago. RealtyTrac had previously reported that cash deals made up 45 percent of sales registered…Read More »
Existing-home sales post first annual decline in more than 2 years
Friday, December 20th, 2013
Higher mortgage rates, constrained inventories and tight credit slowed the pace of existing-home sales for the third month in a row in November, producing the first annual decline in sales in more than two years, the National Association of Realtors (NAR) reported today. Existing-home sales dropped 4.3 percent from October to November, to a seasonally…Read More »
Higher mortgage rates, constrained inventories and tight credit slowed the pace of existing-home sales for the third month in a row in November, producing the first annual decline in sales in more than two years, the National Association of Realtors (NAR) reported today. Existing-home sales dropped 4.3 percent from October to November, to a seasonally…Read More »
CoreLogic data to power Urban Institute’s housing finance research
Monday, December 9th, 2013
Real estate data and technology firm CoreLogic will help power the housing finance research conducted by Washington, D.C.-based think tank The Urban Institute through a strategic alliance announced today. The Urban Institute, a nonpartisan economic and social policy research organization, has recently formed the Housing Finance Policy Center, which is designed to provide evidence-based data and…Read More »
Real estate data and technology firm CoreLogic will help power the housing finance research conducted by Washington, D.C.-based think tank The Urban Institute through a strategic alliance announced today. The Urban Institute, a nonpartisan economic and social policy research organization, has recently formed the Housing Finance Policy Center, which is designed to provide evidence-based data and…Read More »
New-home sales skyrocket in October
Thursday, December 5th, 2013
Purchases up 21.6 percent from year ago Sales of new single-family homes skyrocketed in October, ending a three-month slump that began in July and providing evidence that elevated mortgage rates have not seriously hobbled the housing recovery. New-home sales leaped 25.4 percent from September to October to a seasonally adjusted annual rate of 444,000, according to data…Read More »
Purchases up 21.6 percent from year ago Sales of new single-family homes skyrocketed in October, ending a three-month slump that began in July and providing evidence that elevated mortgage rates have not seriously hobbled the housing recovery. New-home sales leaped 25.4 percent from September to October to a seasonally adjusted annual rate of 444,000, according to data…Read More »
Investors remain the dominant buyers of damaged REO properties.
Wednesday, December 4th, 2013
Non-distressed home prices remain well above the national average in California, the Northeast and Pacific Northwest. Investors remain the dominant buyers of damaged REO properties. Traffic continued to slow in the fall. Average Property Price Per Region “There’s a shortage of good inventory. Homes that are priced correctly and…Read More »
Non-distressed home prices remain well above the national average in California, the Northeast and Pacific Northwest. Investors remain the dominant buyers of damaged REO properties. Traffic continued to slow in the fall. Average Property Price Per Region “There’s a shortage of good inventory. Homes that are priced correctly and…Read More »
Despite inventory shortages, homebuyers looking for bargains this winter
Thursday, November 21st, 2013
Prospective homebuyers hoping to buy a home in the next four months say the lack of inventory is their biggest challenge, but many believe winter is a good time to buy because sellers are motivated to sell and more willing to negotiate. That’s according to a survey of more than 1,300 visitors to realtor.com…Read More »
Prospective homebuyers hoping to buy a home in the next four months say the lack of inventory is their biggest challenge, but many believe winter is a good time to buy because sellers are motivated to sell and more willing to negotiate. That’s according to a survey of more than 1,300 visitors to realtor.com…Read More »
Housing Trends
Tuesday, November 19th, 2013
Housing Trends Time on market for non-distressed properties remained steady. The damaged REO share of distressed property sales increased in many areas. After months of declines, investor participation increased slightly in September. Time on Market ‘Great, clean homes sell in less than two weeks. Homes priced too high linger and get…Read More »
Housing Trends Time on market for non-distressed properties remained steady. The damaged REO share of distressed property sales increased in many areas. After months of declines, investor participation increased slightly in September. Time on Market ‘Great, clean homes sell in less than two weeks. Homes priced too high linger and get…Read More »
Quicken Loans beats big mortgage lenders on customer satisfaction
Friday, November 15th, 2013
Quicken Loans beat out a number of big banks on customer satisfaction to land the top spot on the J.D. Power 2013 U.S. Primary Mortgage Origination Satisfaction Study, which also found that the use of electronic closing documents improved customer satisfaction with that part of the process. On average, mortage lenders scored 771 on a…Read More »
Quicken Loans beat out a number of big banks on customer satisfaction to land the top spot on the J.D. Power 2013 U.S. Primary Mortgage Origination Satisfaction Study, which also found that the use of electronic closing documents improved customer satisfaction with that part of the process. On average, mortage lenders scored 771 on a…Read More »
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