Market

CAR: Rise in California housing affordability remains steady

2019-05-17T06:48:47-07:00

By Candyd Mendoza Housing in California has become more affordable in the first quarter due to low mortgage interest rates, higher income levels, and cooler home prices this spring, the California Association of Realtors said. CAR’s Traditional Housing Affordability Index (HAI) showed that 32% of homebuyers could afford to purchase a median-priced, existing single-family home [...]

CAR: Rise in California housing affordability remains steady2019-05-17T06:48:47-07:00

4 Steps To Pay Off Credit Card Debt

2019-02-12T16:56:08-08:00

Written by Zach Friedman It's no secret that credit card debt is expensive. Don't have a game plan? Here are 4 steps to pay off credit card debt faster. Step 1: Organize your credit cards Quick exercise: if you have multiple credit cards, write down the balance and interest rate on each card. Let's assume [...]

4 Steps To Pay Off Credit Card Debt2019-02-12T16:56:08-08:00

Fannie Mae Releases New Policies For Originations During Government Shutdown

2019-02-04T15:42:00-08:00

Written by Housing Wire Mortgage giant Fannie Mae released guidance Wednesday with new policies on how lenders can originate mortgages during the government shutdown. The government partially shut down after Congress and the president failed to pass a new funding bill before the holidays, and now, 12 days later, that shutdown continues. Before leaving for [...]

Fannie Mae Releases New Policies For Originations During Government Shutdown2019-02-04T15:42:00-08:00

Resilient Resolutions For The New Year

2019-02-04T15:42:29-08:00

Written by Dante Disparte It seems fitting that a year as turbulent as 2018 ends at the edge of chaos. The month of December, a period where business and markets are usually buoyed by retail hangovers from the holiday shopping season, has produced nothing less than economic and political pandemonium in the U.S. and shockwaves [...]

Resilient Resolutions For The New Year2019-02-04T15:42:29-08:00

This Hedge Fund Is Making Billions Off Distressed Borrowers

2019-02-04T15:45:14-08:00

Written by Real Deal Just before the 2008 financial crisis, Fir Tree predicted that homeowners would keep making mortgage payments even as the value of their homes plummeted. That bet has paid off. The hedge fund has made $2.6 billion, roughly half of which came from homeowners making payments on underwater mortgages, the Wall Street [...]

This Hedge Fund Is Making Billions Off Distressed Borrowers2019-02-04T15:45:14-08:00

Homebuilders Are Not Getting A Bump From Lower Mortgage Rates

2019-02-04T15:50:11-08:00

Written by Diana Olick Mortgage applications to purchase a newly built home dropped 11 percent in November, compared with a year ago, according to the Mortgage Bankers Association. Given the drop, MBA economists predict that sales of newly built homes in November fell 5 percent annually. Those numbers will be reported at the end of December [...]

Homebuilders Are Not Getting A Bump From Lower Mortgage Rates2019-02-04T15:50:11-08:00

California Today: A Second Run at a Controversial Housing Fix

2019-02-04T15:50:39-08:00

Written by Diana Olick You probably already know that a widespread housing shortage, especially in California’s cities, has become one of the state’s most intractable problems. If you can’t afford to live close to your job, you have to spend more time on the road. And if you have to spend time on the road, [...]

California Today: A Second Run at a Controversial Housing Fix2019-02-04T15:50:39-08:00

Six Skills Real Estate Investors And Developers Should Focus On Mastering

2019-02-04T15:52:10-08:00

Written by Forbes Real Estate Council CommunityVoice Developing or investing in the real estate market can be financially rewarding. Yet, finding success in the market requires knowledge about the liabilities inherent with any real estate or property-specific work. There is perhaps no better way to gain the information you need than by speaking with those within [...]

Six Skills Real Estate Investors And Developers Should Focus On Mastering2019-02-04T15:52:10-08:00
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