Investment home buyers have dropped off noticeably compared to years past, due in large part to the perception that home prices are artificially inflated and interest rates are high. But home prices seem to have stabilized at least for the time being, indicating that the surge in home prices may not be ‘artificial’ after all…. Read More
Nationwide, foreclosures have been steadily decreasing since 2010. However there are a few isolated markets that have been seeing a recent increase in foreclosures and foreclosure starts. This is not necessarily baffling. It’s no coincidence that the majority of these locals are the same ones that have experienced a faster-than-average rise in home prices. Most… Read More
Did an Unseasonably Warm Winter Cause Spring Home Prices to Escalate? We experienced an unseasonably warm winter, at the same time housing prices pushed higher, according to Clear Capital’s recently released Home Data Index (HDI) report, showing national quarterly home price growth at 0.9 percent. The Spring market boom started early this year and stronger… Read More
A Quick Outline of HUD’s Buyer Select. A few clarifications before we begin. If you’re not working in the Real Estate industry you may not be sure what a HUD Home is or how an FHA loan differs from other mortgages. These condensed definitions might help. FHA loan or FHA mortgage: An FHA loan is… Read More
