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...
View ArticleZombie 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...
View ArticleHousing 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...
View ArticleNAR 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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