News / Features
Recovery continues as foreclosure levels dropped yet again in August. National foreclosure inventory fell 25.2 percent year-over-year and completed foreclosures dropped 20.1 percent, according to a new report from CoreLogic. The latest decline in foreclosures is only the latest step
On Oct. 3, lenders finally reached the much-delayed compliance deadline imposed by TRID. However, in an effort to assist smaller lending, title and escrow companies reach a level of sustainable compliance with the new documentation, a bipartisan bill was introduced, and
The Urban Land Institute released its 2016 Emerging Trends in Real Estate report and survey recently – the 36th edition of the institute’s trends and forecast report – providing analysis of the nation’s top real estate markets, and subsequently
The National Association of Home Builders Young Professionals Committee was recently formed to inspire young homebuilding professionals under the age of 45 to become association leaders. New members will be involved in national networking, education and advocacy initiatives. And when filling out an application, the association is recommending
Housing has made considerable progress the last few years, but elements of the downturn still linger. Recently, there have been many promising developments in housing. New construction, for instance, is becoming more affordable, and new home sales are up
Live like you’re always on vacation in this $2.8 million Henry Island, Wash. home. Accessible only by boat, this 2,700-sqaure-foot property features three bedrooms, concrete floors, a 10-foot-long breezeway connecting the living and dining spaces, and radiant heat. With
Average fixed mortgage rates have lowered following September’s jobs report, according to Freddie Mac’s Primary Mortgage Market Survey. With the 30-year FRM falling from 3.85 to 3.76 percent, average rates have now been below 4 percent for 11 consecutive weeks, while including the
LendingTree’s survey reveals that though Americans bargain shop for many things, they do not adequately research financial loans. Out of the 1,024 people surveyed (ages 25 and up), 79 percent of Americans claimed to be bargains shoppers. An overwhelming 83
Chicago holds a majority of zombie foreclosures, vacant homes Despite a 43 percent national drop of “zombie” foreclosures, they still remain a problem in several parts of the country, according to a RealtyTrac study, including Massachusetts who saw an increase. The study,
According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications increased 25.5 percent from the week prior. Refinancing activity increased by 24 percent, while purchase mortgages rose by 27 percent. Refinancing comprised 57.4 percent of all mortgage
The rental market in Boston has been red-hot for some time now, and it is approaching a milestone The average rent in Boston’s housing market is nearly $2,000, and the area’s rental growth remains strong. Those were the main findings in the latest
One man turned his dream into a reality in 1977, building a pyramid shaped home in Wadsworth, Ill. The property, known as The Gold Pyramid, is built on a concrete island, surrounded by a moat and guarded by multiple sculptures, including
China is currently steeped in economic turmoil, and its tumbling stock prices and overinflated real estate market have industry professionals asking the question: How will this affect the U.S. real estate market? The answer has major implications for agents, brokerages
Sales continued their strong march forward in August, as CoreLogic reported both year-over-year and month-to-month increases. While the extent of home price gains varied often and sometimes greatly from metro to metro in August, the national direction has remained
According to RealtyTrac and Ethnic Technologies, the share of Mandarin Chinese-speaking buyers paying in cash has increased to 46 percent in 2015, a 229 percent increase from 2005. This increase puts Mandarin Chinese in the lead in terms of cash sale market share
Boston has one of the nation’s hottest housing markets, but what neighborhoods are seeing the most activity? According to the latest research from GBAR, it takes of average of 44 days to sell a home in the city of
