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Zombie Homes Are Down in Southwest Florida
The zombies are being vanquished. Zombie foreclosures, defined as vacant properties in the foreclosure process, are down significantly in Southwest Florida, according RealtyTrac's second quarter......

April 2016 Existing-Home Sales
NAR released a summary of existing-home sales data showing that the housing market sales increased for the second consecutive month, as April’s existing-home sales reach the 5.45 million seasonally......

All-Cash Buyers Are Driving Up Investment Home Prices
persuade some folks to expedite their home purchases. "The potential for rising mortgage rates could compel some buyers to act sooner to secure mortgages prior to the June announcement," he...

It really is easier to qualify for a loan
to data filed under the Home Mortgage Disclosure Act, 13.5% of mortgage applications were denied in 2014, compared to 14.7% the year before. The loan denial rate peaked at 18.5% in 2007. Staying......

01:09Stocks rally amid strong housing data
as soon as June. New home sales crushed estimat...

Rising E-Commerce Drives Industrial Demand
in the areas of commercial real estate, international investments, mortgage performance and foreclosures. He produces NAR’s Commercial Real Estate Outlook and manages quantitative surveys, including...

NAR Pushes Back Against Patent Troll
NAR took a forceful step against patent trolls last week by filing a petition with the U.S. Patent Office challenging the validity of patent claims by a company that’s......

Ban on Student Loan Refis Hurts Home Sales
a private loan, but they lose certain benefits.) That's why the NAR Board of Directors last week approved a policy in support of legislation that would require the federal government, which......

Builders: Lot Shortages at Record Highs
to a survey of homebuilders within the National Association of Home Builders/Wells Fargo Housing Market Index. Sixty-four percent of builders reported that the supply of lots in their markets......

New-home sales exploded in April: What it means for buyers, sellers
estate market, especially coming on the heels of an increase in existing home sales announced last week. With continued job growth and low mortgage rates, the demand for housing is solid. From......

New Home Sales Surge to Eight-Year High
Purchases of new homes in the U.S. surged in April to the highest level since the start of 2008, pointing to a robust spring selling season for builders. Sales jumped 16.6% to a 619,000 annualized......

Mortgage rates for Tuesday, May 24
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Some Chicago Neighborhoods, Suburbs Lag in Housing Recovery
for Housing Studies at DePaul University. Despite climbing 26 percent since the housing market's low point, the overall median value of homes in 33 city and suburban Chicago markets at the......

Why choosing a good home appraiser is so important
says. RATE SEARCH: Find a house and need a loan? Check out mortgage rates today ! Kellogg suggests that home sellers ask the appraiser about his or her qualifications when the appraiser......

Game on for economic data watch
5% to an annualized rate of 511,000. The consensus estimate for new home sales in April is 521,000. When it comes to earnings, auto parts retailer AutoZone is forecast to report earnings that......

Buyer and Seller Traffic Conditions by State in February‒April 2016
monthly REALTORS ® Confidence Index Survey , the National Association of REALTORS ® (NAR) asks members to rate the past month’s buyer and seller traffic in the neighborhood or area where they......

Mortgage rates for Monday, May 23
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10 Cities With Strong Home Sales Growth in the First Quarter
population of more than 500,000 that had the largest growth in home sales activity on a per capita basis during the first quarter, based on data from Re......

What Has Home Sellers Spooked?
a year ago ($218,700), the National Association of REALTORS® reports . "Low mortgage rates, job growth and other drivers have stoked [buyer] demand, but the supply of homes for sale — especially......

Cash Sales Lowest Since 2008
In January 2011, cash sales peaked at 46.6 percent of total home sales nationally. Cash sales comprised 35.7 percent of all home sales in February, down 2.5 percentage points from a year ago......

Post-TRID, More Homebuyers Reading Their Mortgage Disclosures
found that more homebuyers are unsure if they bought an owner's title insurance policy with the new disclosures in place. Twelve percent of homebuyers reported a lack of certainty on this detail......

More Declines in Western U.S. Home Sales Predicted
Home sales growth has been tepid nationwide thanks largely to a cooling down of the housing market in the West, according to an analysis from Summit Valuations. Pending U.S. sales......

Orange County Median Home Price Back to Pre-Recession Peak
Low mortgage rates, high demand and a shortage of entry-level homes have pushed Orange County, Calif., house and condo prices back to the June 2007 peak of the housing boom. The median......

Home Sale Prices Rise in Toledo Although Pace Slows
Toledo and four other northwest Ohio counties, the local trade report shows home sales were up 1 percent to 697 last month and the median sales price was up 15 percent at $112,900 last month......

Tampa Bay Still Near the Top of the Nation for 'Zombie Homes'
continues to have one of the nation's largest number of "zombie foreclosures" — vacant homes that banks are repossessing. According to RealtyTrac, 627 bay area homes in some stage of foreclosure......