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Many Who Lost Homes During Housing Crisis Not Expected to Purchase Again Soon

  Today’s News Synopsis: Builder confidence continues to remain low despite housing starts increasing 2% last month.  Many people who lost their homes during the housing crisis are not expected to...

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Zombie Foreclosures to be Dealt With by New Practices from 11 Institutions

    Today’s News Synopsis:   Zombie foreclosures are continuing to be dealt with as New York Governor Andrew Cuomo just announced new practices for these foreclosures will be carried out by 11...

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Housing and Banking Leaders Urged to Take Action on Zombie Foreclosures

Sources: Pending Sales of Previously Owned U.S. Homes Unexpectedly Fall Freddie Mac: Mortgage rates barely waver, move lower MBA Forecasts a 6 Percent Increase in Commercial/Multifamily Mortgage...

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NAR Reported Existing-Home Sales Increased 1.7%

Sources: NAHB Index Unchanged in May, Pointing to Steady Housing Growth Housing Starts Up 6.6 Percent in April Mortgage Applications Decrease in Latest MBA Weekly Survey Existing home sales manage to...

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