News Flash

There are housing indices tracking pending and existing sales, but now ATTOM Data Solutions has debuted an index tracking the “pre-mover” market
New Index Tracks Pre-Mover Activity
There are housing indices tracking pending and existing sales, but now ATTOM Data Solutions has debuted an index tracking the “pre-mover” market.   According to the company, its new Pre-Mover Housing Index is based on the ratio of homes... Read more
The U.S. Federal Trade Commission (FTC) has filed a complaint against the Louisiana Real Estate Appraisers Board (LREAB)
FTC Faults Louisiana Appraisers Board on Pricing
The U.S. Federal Trade Commission (FTC) has filed a complaint against the Louisiana Real Estate Appraisers Board (LREAB), accusing the group of “unreasonably restraining price competition for appraisal services in Louisiana, contrary to... Read more
Nearly 6.9 million homes along the Atlantic and Gulf Coasts are at potential risk of damage from hurricane storm surge inundation this year, according to CoreLogic’s 2017 Storm Surge Report
CoreLogic: Hurricane Season Can Impact 6.9M Homes
Nearly 6.9 million homes along the Atlantic and Gulf Coasts are at potential risk of damage from hurricane storm surge inundation this year, according to CoreLogic’s 2017 Storm Surge Report, which placed the total reconstruction cost value... Read more
If you’re selling your home and you have a blue bathroom, you can expect to see a lot more green in the sales transaction
Can a Blue Bathroom Increase a Home’s Sale Value?
If you’re selling your home and you have a blue bathroom, you can expect to see a lot more green in the sales transaction.   According to new data from Zillow, homes with blue bathrooms—preferably, powder blue or light periwinkle—sold for... Read more
Regulators Issue Advisory to Address Appraiser Shortages
Four federal regulatory agencies have issued a joint advisory with two temporary options designed to help depository institutions and bank holding companies operating in areas with a limited availability of state-certified and -licensed... Read more
The frequency of defects, fraudulence and misrepresentation in mortgage applications during April increased 2.5 percent from March and spiked by eight percent from April 2016
More Defects Found in Mortgage Applications
The frequency of defects, fraudulence and misrepresentation in mortgage applications during April increased 2.5 percent from March and spiked by eight percent from April 2016, according to the First American Loan Application Defect Index... Read more
For those in search of something grander than a mere home to buy, a celebrated New England ghost town is up for sale—for the third time in three years
Ghost Town Goes Up for Auction Again
For those in search of something grander than a mere home to buy, a celebrated New England ghost town is up for sale—for the third time in three years.   The property in question is Johnsonville, located in the Moodus section of East... Read more
The City of Los Angeles suffered a legal setback when a three-judge panel of the U.S. 9th Circuit Court of Appeals ruled that the city failed to make a case against alleged mortgage lending discrimination
Court Rules Against Los Angeles in Mortgage Discrimination Case
The City of Los Angeles suffered a legal setback when a three-judge panel of the U.S. 9th Circuit Court of Appeals ruled that the city failed to make a case against alleged mortgage lending discrimination by Bank of America and Wells Fargo... Read more
The National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI) took a 1.3 percent drop last month to 109.8, down from a revised 111.3 in March
Pending Home Sales Down in April
The National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI) took a 1.3 percent drop last month to 109.8, down from a revised 111.3 in March. The PHSI was also down 3.3 percent from April 2016, marking the first year-over-... Read more
There were fewer people seeking home loan applications, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 26
Mortgage Applications Down 3.4 Percent
There were fewer people seeking home loan applications, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 26.   The Market Composite Index was down by 3.4 percent on a seasonally... Read more