While 2021 likely won’t approach the record breaking tizzy of 2020, the housing market will continue to flourish on the strength of the purchase market, according to economists at the Mortgage Bankers Association. After last year’s record $3.83 trillion in mortgage originations, the MBA forecasts volume to fall 14% this
A year after issuing its first Single-Family Green Mortgage Backed Security on Earth Day 2020, Fannie Mae has now completed 25 transactions for the program, totaling $167 million in bonds backed by mortgages on newly constructed, energy-efficient homes. Most of the issuances have included 30-year fixed-rate mortgages, but recent offerings
Robbin Sutton with DASH Realty Carolina has been a broker for 20 years, and she’s never seen anything like the current housing market in the Raleigh-Durham metro. “I’m on my way with a client to show them a house that’s literally just gotten on the market, and by the time
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According to the National Association of Realtors, March’s existing-home sales came in at 6.01 million. Because March 2020 sales were slightly weaker due to the start of COVID-19, the year-over-year growth in sales for March 2021 came in at 12.3%. For the housing market, the COVID crisis started in earnest the
Mortgage executives have a hard time forgetting 2018. The market was coming off a refi boom, competition was fierce, and the profit margins were slim (if there were any at all). In a bid to gain market share, some of the biggest mortgage originators priced loans aggressively to keep production
For the second consecutive month, existing-home sales fell, according to the latest National Association of Realtors report. Transactions decreased 3.7% in March, which also saw record-high home prices and gains. All four major U.S. regions experienced month-over-month drops, and all four areas saw year-over-year gains in home sales. Sales in
At the end of February, the inventory of homes for sale stood at a historic low of 1.07 million — 1.03 million of existing homes, 42,000 new single-family …
The sales are necessary because of a December 2018, Chapter 11 reorganization bankruptcy stemming from child sexual abuse claims filed against the …
Zack Taylor of Moody Rambin represented the seller, CDAB II. Cousins Properties hired Transwestern Real Estate Services to provide office leasing …
According to The Warren Group, monthly sales of single-family homes, which had increased on a year-over-year basis by an average of 21.5% over …
Is the seller or real estate agent obligated to disclose information about cell phone towers within a certain radius to the buyer when purchasing?
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Zillow News Truth Delta: Opinion & Editorial