Just about anywhere you look in the United States the residential real estate market is plagued by a lack of homes for sale.
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The Senate voted 57-41 on Dec. 10, to confirm Rep. Mel Watt, D-N.C., to head the federal agency overseeing Fannie Mae and Freddie Mac, ending a year-long battle by the White House to install a new regulator.
Overall U.S. foreclosure activity is down 23 percent year-to-date through October 2013, but foreclosure activity on homes in the $5 million-plus value range is up 61 percent during the same time period.
New and tougher mortgage standards will be here in just a few weeks, financial norms that are causing the home loan industry to shudder and quake.
I want a house for Christmas. I want it in a neighborhood that’s not far from where I’m living now. I want it close to my work. ….AND (whew!)…it has to be move-in ready.
If you think the HAMP and HARP were disasters, wait till you hear about the next mortgage mess barreling our way.
While the precise definition of hipsters is elusive there’s no doubt the culture surrounding the hipster lifestyle has a major impact on local real estate markets, and mostly in a positive way.
Last week, former heavyweight boxing champ Evander Holyfield’s Georgia mega mansion hit the auction block. Seven bidders from around the nation fought online to try and land a housing TKO.
Housing during the past year has been hot. The National Association of Realtors reports that July existing home prices were 13.7 percent higher than a year ago.
For the past year the American housing market has been looking better. Home prices have increased with new demand while the inventory of foreclosed homes and short sales has declined.
“I’m sorry, America,” writes former Federal Reserve official Andrew Huszar, the quarterback of the largest bond-buying spree in American history, who claims U.S. taxpayers are on the hook for more than $4 trillion in government bond-buying debt.
Foreign-born home buyers are sometimes hard to miss.
Cash may be king in the real estate investment business, but the old idiom that “a fool and his money is soon parted” is still applicable in many circumstances. But there is help.
In the October 2013 issue of the Foreclosure News Report, we asked Brian A. Hudson, the Executive Director and CEO of the Pennsylvania Housing Finance Agency, to pen a “My Take” column.
People assume that mortgages will always be available but what if that’s wrong? Could there be a mortgage shortage in the near future, a time when financing shelves are bare?
I had the chance to present to the prestigious Los Angeles Real Estate Investors club a couple weeks ago, and wanted to share the slides I presented here.
Tight inventory, pent-up demand and investor activity, both domestic and foreign, are driving more and more buyers to the sidelines.
In her new book, “The End of the Suburbs: Where the American Dream is Moving,” Leigh Gallagher, an editor at Fortune magazine, argues that powerful economic, social and demographic forces are converging to render suburban living unsustainable.
New York City has long been a promised land for architects and designers, and the trend of international creatives contributing to New York's unique aesthetic has been booming of late.
This week, Tyler Cowen, an economist at George Mason University, penned a cover story in TIME magazine, titled “The United States of Texas: Why the Lone Star State is America’s Future."
In May, president Obama nominated U.S. Rep. Melvin L. Watt, a Charlotte, N.C., Democrat, to head the Federal Housing Finance Agency (FHFA). The nomination has been in limbo ever since, and now it may be delayed further.
With the housing market recovery still fragile and unemployment stuck at unusually stubbornly high 7.2 percent, the Fed decided to continue QE.
To be able to successfully flip a home takes more than just buying a property, fixing it up and putting it up for sale.
Home prices during the past year have risen significantly but can prices continue to increase? More and more the answer has a lot to do with employment levels and income as opposed to bricks and mortar.
History is in the making as the nation’s first-ever black president has nominated the first-ever woman to chair the Federal Reserve in the central bank’s 100 years of existence.
FHA mortgages are supposed to be a vanishing species but the use of such financing is actually on the rise despite higher costs and tougher terms.
Real estate made great strides this year, continuing a trend from 2012. If you want to cash in on the recovery, start with this list of five thriving cities.
With home values still below the peak seen in April 2007 it seems difficult to suggest that the price rises seen in the past year or so might suggest a bubble.
The federal government shutdown has provided a great opportunity to examine some of the more obscure housing bureaucracies that most Americans have probably never heard of.
For many deep-pocketed foreign investors, U.S. housing has never looked better. But international interest in American properties may be waning.