Real Estate News: A Look at the Economy

In a recent blog post, New Penn Financial explains how the recent GDP estimates from the Fed relates to the housing market, ultimately making the bold claim, “The Fed is saying they want more interest rate increases. Right now, we don’t believe them.” Read the full article … [Read more...]

Stunning BRAND new Homes!

Check out our latest new homes! They are stunning!   Our onsite hours are: Thursday & Sunday 12pm to 5pm Friday & Saturday 10am-5pm <a href="http://feedshark.brainbliss.com" rel="nofollow">Feed Shark</a> … [Read more...]

New Models Open! Greenfield & Southern

Check out our latest new homes! They are stunning!   Our onsite hours are: Thursday & Sunday 12pm to 5pm Friday & Saturday 10am-5pm     <a href="http://feedshark.brainbliss.com" rel="nofollow">Feed Shark</a> … [Read more...]

Housing Recovery Is Falling Short

Housing activity likely will continue to pull back this year, mostly due to a sluggish job market, but a modest recovery will likely resume in 2015, according to the results of Fannie Mae's August 2014 National Housing Survey. Housing Hinges on Income Growth Income Gap … [Read more...]

Freddie: Economy Will Lift More Markets Soon

Many housing markets remain weak overall, but those with stronger economies and favorable demographics are improving at a much stronger pace, according to Freddie Mac’s latest Multi-Indicator Market Index. The so-called MiMi monitors the stability of the nation’s … [Read more...]

Millennials and Boomers Trading Places

As the economy improves, Millennials and Baby Boomers are on the move, but they’re heading in opposite directions, according to a new analysis by real estate data firm RealtyTrac. Find out why Millennials won't buy a home that looks like their parents' home. Each … [Read more...]

Millennials Keep Current on Mortgage More Than Other Ages

Mortgage borrowers under the age of 30 have the lowest mortgage delinquency rate of any other age group, according to a newly released TransUnion mortgage report. However, the age group also makes up the smallest share of all mortgage accounts at 4.16 percent, TransUnion … [Read more...]

New-Home Sizes Show Signs of Leveling Off

Following two years of increasing home sizes, the median size of new-homes appears to be leveling off as entry-level buyers return to the market drawn to more modest homes, The Wall Street Journal reports. The median size of homes that builders started construction on in … [Read more...]

Down Payments for Lower-Priced Homes Double

Buyers looking at lower-priced homes are not only facing major inventory hurdles, they’re also finding that they have to bring more money to the closing table. The median down payment for the cheapest 25 percent of homes was 7.5 percent of the sales price last year, up … [Read more...]

Drop in Refi Applications Softens Loan Demand

Mortgage applications slipped in the latest week, despite mortgage rates continuing to hold near yearly lows and keeping borrowing costs down. Recent Coverage of MBA Reports Refi Applications Boost Loan Demand Loan Demand Slips on Drop in Refi Applications Refis … [Read more...]