News Flash

Black Knight Financial Services (BKFS) has announced that its proprietary home price index (HPI) hit a new high in April at $275,000
Yes, Home Prices Are Still Rising
Black Knight Financial Services (BKFS) has announced that its proprietary home price index (HPI) hit a new high in April at $275,000, up six percent year-over-year. The latest HPI reading marks a 3.6 percent rise in home prices since the... Read more
Seventy-one percent of homeowners think now is a good time to sell
Is Now the Best Time to Sell a House?
Seventy-one percent of homeowners think now is a good time to sell, according to the latest quarterly Housing Opportunity and Market Experience report from the National Association of Realtors (NAR). The level of optimism is higher than... Read more
Warren Buffett’s Berkshire Hathaway is a dominant figure in the U.S. housing market, and now the company is setting its eyes on our northern neighbor
Warren Buffett Invades Canadian Housing Market
Warren Buffett’s Berkshire Hathaway is a dominant figure in the U.S. housing market, and now the company is setting its eyes on our northern neighbor.   According to a Bloomberg report, Berkshire Hathaway is buying a 38 percent stake in... Read more
If you are looking to point fingers of blame for climate change, you may want to take aim at homeowners in New England
Are New England Homeowners Wrecking the Environment?
If you are looking to point fingers of blame for climate change, you may want to take aim at homeowners in New England. According to a new report from PropertyShark.com that measures CO2 emissions by home, the states that occupy the top... Read more
Newly released federal data reaffirmed the continued strength of the housing market
Home Sales and Prices Are Still Rising
Newly released federal data reaffirmed the continued strength of the housing market.   Sales of new single-family houses in May were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S... Read more
The so-called “mandatory inclusion” guideline used by many cities to require a specific amount of affordable units be reserved in new residential developments has hit a major roadblock in Tennessee
MBA: Lower Commercial and Multifamily Originations Forecasts
The Mortgage Bankers Association (MBA) is forecasting that the level of commercial and multifamily mortgage originations will end 2017 with a whimper instead of a bang.   In a new analysis, the trade group predicted that this sector will... Read more
NCRA Launches “Man on the Street” Credit Education Video Series
A new video series from the National Consumer Reporting Association (NCRA) was unveiled at the National Apartment Association (NAA) Education Conference and Expo at the World Congress Center in Atlanta. Developed by NCRA’s Education and... Read more
Baltimore Row Houses Pic
Existing-Home Sales on the Rise
Total existing-home sales were up by 1.1 percent to a seasonally adjusted annual rate of 5.62 million in May from a downwardly revised 5.56 million in April, according to new data from the National Association of Realtors (NAR). May’s... Read more
McLean Mortgage Corporation is proud to announce that the company and its sales force have received a multitude of awards to date in 2017
McLean Mortgage Honored With Local and National Awards
McLean Mortgage Corporation is proud to announce that the company and its sales force have received a multitude of awards to date in 2017. These awards are in recognition of achievement with regard to their volume of production, as well as... Read more
Comerica Bank has that it will invest up to $5 million and become a participating lender in Detroit Home Mortgage, a program managed by Community Reinvestment Fund USA to assist prospective homebuyers in the beleaguered Michigan city
Comerica Aims to Aid Detroit Homebuyers
Comerica Bank has that it will invest up to $5 million and become a participating lender in Detroit Home Mortgage, a program managed by Community Reinvestment Fund USA to assist prospective homebuyers in the beleaguered Michigan city.  ... Read more