Who Pays What in Closing Costs: By State
Find out which states are paying the highest and lowest in closing costs on home purchases. Powered by WPeMatico
Owners Still Overestimating Their Home's Price
Home owners and appraisers have differing opinions when it comes to home values. Powered by WPeMatico
Zika Fears Factored Into Miami Home Assessments?
Fears over the mosquito-borne virus may now even affect property value assessments in some areas. Powered by WPeMatico
Loan Apps Get 7% Bump on Lower Rates
Total mortgage applications reversed course in the latest week, as volume picked up thanks to a dip in mortgage rates. Powered by WPeMatico
Gray Becomes the ‘It’ Paint Color in Interiors
More homes are going gray. Here are some tips to picking the right shade. Powered by WPeMatico
Home-Price Gains Unfettered in Most Metro Areas during Second Quarter
WASHINGTON (August 10, 2016) — Home prices maintained their robust, upward trajectory in a vast majority of metro areas during the second quarter, causing affordability to slightly decline despite mortgage rates hovering at lows not seen in over three years, according to the latest quarterly report by the National Association of Realtors®. The report also… Continue Reading Home-Price Gains Unfettered in Most Metro Areas during Second Quarter
Closing Documents Remain Elusive, but Change Coming
Lenders’ reluctance to share closing disclosures (CDs) with REALTORS® rose in the 2nd quarter of 2016 according to responses to NAR’s Survey of Mortgage Originators. Under the new Know Before You Owe or TRID rules, the HUD-1 closing form was replaced with the CD. In the past, REALTORS® frequently reviewed the HUD-1 for their clients… Continue Reading Closing Documents Remain Elusive, but Change Coming
Recap: Metro Home Prices Continue Ascent in Second Quarter
$1,085,000. That was the eye-grabbing, milestone figure highlighted in today’s NAR research release of second quarter metro home prices. For the first time ever, a metro area – San Jose, California – had a median single-family home price above $1 million. For the rest of the country the theme of robust price growth continued. Single-family home… Continue Reading Recap: Metro Home Prices Continue Ascent in Second Quarter
Raw Count of Home Sales (June 2016)
Existing-home sales increased 1.1 percent in June from one month prior while new home sales rose 3.5 percent. These headline figures are seasonally adjusted figures and are reported in the news. However, for everyday practitioners, simple raw counts of home sales are often more meaningful than the seasonally adjusted figures. The raw count determines income… Continue Reading Raw Count of Home Sales (June 2016)
State Job Growth Comparisons – June 2016
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