Real Estate News

Report: Housing outlook stays strong

Published: 27 Jun 2017

A new report puts housing data for the entire country in a grander context, at least for the first few months of this year. Nationwide's Health of Housing Markets Report for the first quarter of 2017 has several insights, but chief among them is the general announcement about housing market performance. According to this report, the company's Leading Index of Healthy Housing Markets has stayed almost exactly at the same spot as last year, perhaps indicating a continuing pattern.


ALTA: No title insurance for 20 percent of homebuyers

Published: 23 Jun 2017

According to the American Land Title Association, roughly a fifth of Americans purchasing homes aren't taking the important step of securing title insurance. In a June 19 statement, the source said that the amount of buyers who forego this insurance was "approximately 20 percent" and listed the numerous factors that could threaten a homeowner without title protection.


Large homes reach significant milestone

Published: 22 Jun 2017

From an anecdotal perspective, it usually seems like tiny houses and small urban apartments make up much of the homes on the market these days. As far as construction is concerned, though, the opposite may be true, at least according to recent housing-related census data.


Week of June 19 brings mostly solid mortgage rates, says source

Published: 21 Jun 2017

The penultimate week of June brought relatively stable mortgage activity, according to some recent figures. The NerdWallet Mortgage Rate Index said that the week's levels began "on a steady note" after some small signs of fluctuation. For both 30 and 15-year fixed-rate mortgages, the period between June 5 and 6 represented a dip before a minor apparent course correction.


Another rate adjustment suspected from Federal Reserve

Published: 07 Jun 2017

Earlier this year, the Federal Reserve raised interest rates after already doing so a few months earlier. There have been hints all along that more rate changes may come before 2018, and June may be the month when the next increase starts. Both The New York Times and Reuters used comments from Federal Reserve Governor, Lael Brainard, as the basis for this prediction.


Mortgage delinquency rates low, says MBA

Published: 06 Jun 2017

With the arrival of June, mortgage rates seem to be declining, as is the volume of applications, according to one new statement. Other sources have said that the current housing market is fiercely competitive, with a tight inventory, and the news of application rates reflect this in a recent statement from the Mortgage Bankers Association.


High demand defines 2017 housing market going into summer

Published: 03 Jun 2017

June brings not just the beginning of the summer season but also the official end of the second quarter of 2017. As such, it's the start of a new part of the year, which may build off of the previous trends toward a scramble for purchases. More than one entity from the real estate industry seems to think that high demand is behind the current figures.


Georgia court decides against 'super liens'

Published: 31 May 2017

A May 2017 legal conclusion will likely affect the future of property owners and investors in Georgia, according to the Atlanta Journal-Constitution. The action, decided on May 15, is reportedly a stand against the "super lien," a situation where a homeowner could be forced to pay off existing debts faster after the property goes up to auction.


Housing construction numbers show possible strength for this year

Published: 27 May 2017

Despite a recent lag, it seems like the rate of housing construction so far this year may be a positive thing for the industry. Based on information from the Census Bureau, there may have been a noteworthy amount of building at the beginning of the year to justify some optimism, at least for the time being. Prospective buyers could use this information to judge the growth of residential housing as a whole, not just based on most recent statistics.


Title insurance and the big picture of closing costs

Published: 25 May 2017

Lender's and owner's title insurance policies can both contribute to closing fees for property. New owners can therefore sometimes feel a need to cut corners to try and keep their costs down, but that's a risky thing to do when it comes to protecting a title claim. The range of policy costs can make it hard to predict the final sum.


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