News Flash

This year got off on the right foot for the Southern Nevada housing market
Las Vegas Housing Market Hits January Jackpot
This year got off on the right foot for the Southern Nevada housing market, as the Greater Las Vegas Association of Realtors (GLVAR) reported a relatively rare January jump in home prices.   According to GLVAR, the median price of existing... Read more
The groundhog may be forecasting six more weeks of winter, but that chilly prediction failed to freeze mortgage application activity
Mortgage Applications on the Upswing
The groundhog may be forecasting six more weeks of winter, but that chilly prediction failed to freeze mortgage application activity.   According to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending... Read more
The intersection of marriage and homeownership is growing wider
More Unmarried Young Couples Buying Homes Together
The intersection of marriage and homeownership is growing wider, as a new data study from Zillow has found almost 15 percent of all homebuyers between the ages of 24 and 35 during 2015 were unmarried couples, up from 11 percent in 2005.  ... Read more
A federal jury convicted real estate investor Thomas Joyce for his role in a conspiracy to rig bids at public real estate foreclosure auctions held in Contra Costa County, Calif.
Calif. Investor Convicted in Foreclosure Auction Scheme
A federal jury convicted real estate investor Thomas Joyce for his role in a conspiracy to rig bids at public real estate foreclosure auctions held in Contra Costa County, Calif.   The Department of Justice (DOJ) accused Joyce of being... Read more
This year got off to a good start in terms of mortgage credit availability
Mortgage Credit Availability on the Rise
This year got off to a good start in terms of mortgage credit availability, according to new data from the Mortgage Bankers Association (MBA).   During January, the MBA’s Mortgage Credit Availability Index (MCAI) increased 1.1 percent to... Read more
Home Prices Closed 2016 on a Very High Note
Last year’s home price levels ended in an up-up-and-away manner, according to the latest data released by CoreLogic.   Home prices nationwide, including distressed sales, increased by 7.2 percent on a year-over-year measurement in December... Read more
A philanthropic effort co-founded by Facebook CEO Mark Zuckerberg and his wife, Dr. Priscilla Chan, is aiming its financial generosity at those facing eviction in the San Francisco Bay Area
Facebook’s Zuckerberg Aims Millions at Bay Area Housing Concerns
A philanthropic effort co-founded by Facebook CEO Mark Zuckerberg and his wife, Dr. Priscilla Chan, is aiming its financial generosity at those facing eviction in the San Francisco Bay Area.   According to a San Jose Mercury News report,... Read more
Approximately 6.5 percent of home build before 2000 and 10.3 percent of homes built in the 1990s were transitioned from owner-occupied into rental properties, according to a new study from the Mortgage Bankers Association’s (MBA) Research Institute for Ho
Study Details Property Shifts From Owner-Occupied to Rental Housing
Approximately 6.5 percent of home build before 2000 and 10.3 percent of homes built in the 1990s were transitioned from owner-occupied into rental properties, according to a new study from the Mortgage Bankers Association’s (MBA) Research... Read more
The ranking member of the House Financial Services Committee has expressed that her “greatest desire” is to see the impeachment of President Donald Trump
Rep. Waters: “Greatest Desire” Is to Impeach Trump
The ranking member of the House Financial Services Committee has expressed that her “greatest desire” is to see the impeachment of President Donald Trump.   According to a CBS Los Angeles report, Rep. Maxine Waters (D-CA) used an interview... Read more
The first peals of what might be the death knell for the Dodd-Frank Act were chimed today at the White House
Trump Aims First Blow to Dodd-Frank’s Future
The first peals of what might be the death knell for the Dodd-Frank Act were chimed today at the White House.   According to a New York Times report, President Donald Trump used a meeting with the leaders of major U.S. businesses to... Read more