Foreclosures Fall to 45,000 Units

According to data released by CoreLogic, completed foreclosures decreased to 45,000 units in December 2013, a 14% fall from the previous year, but still considered high when compared to pre-recession foreclosure rates. The president and chief executive officer of...

Housing Market Demand Expected To Ease

New data from the Zillow Home Price Expectations Survey suggests that housing market demand will decrease over the coming years as large-scale investors run out of inventory. Experts expect the change to help first-time homebuyers and others looking for single-family...

Baby Boomers Aid Home Sales

According to new housing market research, baby boomer homeowners may be pushing young homebuyers out of the market. As home values and prices continue to increase, many younger Americans are unable to afford down payments due to low income jobs and school debt. Home...

Home Prices Jump In Many Metropolitan Areas

According to the National Association of Realtors, many metropolitan areas are experiencing strong year-over-year home price increases. The median single-family existing home price jumped in 73% of the measured markets. Approximately 119 metropolitan areas experienced...

Housing Market Still Recovering From Recession

The housing market has made significant strides toward recovery since the recession, but experts say there is still room for improvement. Home prices have slightly increased according to the S&P Case-Shiller home price index. Sales of existing homes fell from...

Mortgage Application Activity Increases

Mortgage applications in the United States have continued to increase. Last week, The Mortgage Bankers Association stated that their seasonally adjusted index of mortgage application activity jumped 0.4%, averaging 405.2 in the last week of January.  Interest...