January 9, 2018 8:56 am
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in 2018.
January 8, 2018 8:44 am
latest Equity Report revealed
that “over the past 12 months, 712,000 borrowers moved into positive equity.”
This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today.
January 4, 2018 7:56 am
According to recently released data
from the National Association of Realtors
the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017.
January 3, 2018 7:44 am
Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential
(43%) or important
(48%) to achieving that “dream.