by Jim Crowder | Aug 11, 2015 | HOUSING MARKET
OK, maybe not all of them, because it does really seem that there’s a new entrant every day. Nevertheless, MarketWatch, with the help of Zillow, has put together a photo gallery and summary of at least 15 of them. Highlights include the Clinton’s...
by Jim Crowder | Aug 10, 2015 | HOUSING MARKET
Higher home prices are making house flipping harder and riskier but more lucrative. Flipping, which is generally defined as buying and selling a home in the same calendar year, is actually down slightly this year, but year-over-year, it’s been fifty percent more...
by Jim Crowder | Aug 7, 2015 | HOUSING MARKET
The Mortgage Credit Availability Index (MCAI) tracks whether lending standards are tightening or loosening, and is benchmarked against 100 for March, 2012. For July, it hit 125.5, up 2.9% from May, and continuing an almost uniformly upward trend since that original...
by Jim Crowder | Aug 6, 2015 | HOUSING MARKET
Over the past few months, this blog has reported a few times on the Consumer Financial Protection Bureau’s (CFPB) eClosing project. Yesterday, they released their first report on the project, and have concluded that electronic mortgage closings can benefit...
by Jim Crowder | Aug 5, 2015 | HOUSING MARKET
New statistics were out a few days ago, and have since been all over the news: U.S. homeownership is at a 48 year low. As of Q2 this year, it’s the lowest it’s been since 1967, and is approaching historic lows. The Knowledge@Wharton radio show recently...
by Jim Crowder | Aug 4, 2015 | HOUSING MARKET
This blog just reported yesterday on the high non-mortgage debt that most Americans are carrying these days, seemingly led by auto-related debt. But while that may be true, it doesn’t seem to be keeping all of you from making your payments, which is great news...
