The likelihood of home price decreases throughout the United States over the next 2 years remains surprisingly low - only 4 %, in accordance with the Fall 2016 Housing and Mortgage Market Review provided by Arch Mortgage Insurance Company. Likelihood of home price decreases? 4% and ... » Learn More about Likelihood of home price decreases? 4% and dropping
Home buying
Challenge remains regarding FHA condo financing
When H.R. 3700, the "Housing Opportunity Through Modernization Act," was signed into law earlier this year, the Department of Housing and Urban Development (HUD) had 90 days to weigh in on regulations related to Federal Housing Administration (FHA) financing for condominiums before changes ... » Learn More about Challenge remains regarding FHA condo financing
Sellers, exactly what are you thinking?
Here in the Tampa Bay Area, we are in what we call a sellers market. We have less than 6 months worth of inventory right now. (more than 6 months would be considered a buyers market). Market research within our MLS Shows that homes priced accordingly are selling around 98% of list price. Which in ... » Learn More about Sellers, exactly what are you thinking?
White House Urges More cost-effective Housing
The White House made a push to states and municipalities to relieve the red tape in order to pave the way for the growth of more affordable housing. White House Urges More cost-effective Housing "The accumulation of state and local barriers to housing development - including zoning, other ... » Learn More about White House Urges More cost-effective Housing
Mortgage fraud rate rising annually, report indicates
Property analytics provider CoreLogic released its annual mortgage fraud trend report this month, showing fraudulent activity was up marginally in the second quarter of this year compared to the same period last year. The report reveals that 12,718 applications (0.7 %) of U.S. mortgage applications ... » Learn More about Mortgage fraud rate rising annually, report indicates