Residential

The tax reform plan outlined by the Trump Administration could raise taxes on many middle-income homeowners, according to a study commissioned by the National Association of Realtors (NAR) and prepared by PwC
The tax reform plan outlined by the Trump Administration could raise taxes on many middle-income homeowners, according to a study commissioned by the National Association of Realtors (NAR) and prepared by PwC.   The study, titled, "Impact of Tax Reform Options on Owner-Occupied Housing," forecasted... Keep Reading....
New York’s state government is seeking to expand homeownership opportunities in its upstate metro areas with a new $5 million Graduate to Homeownership Program to help recent college graduates become first-time homeowners
New York’s state government is seeking to expand homeownership opportunities in its upstate metro areas with a new $5 million Graduate to Homeownership Program to help recent college graduates become first-time homeowners.   The pilot program, which will be available in eight upstate cities... more
San Francisco has committed to spend $44 million to construct homes for its public school employees.   According to a San Francisco Examiner report, Mayor Ed Lee announced that the city will build building 135 affordable units at the former Francis Scott Key Elementary School in the Outer Sunset... more
The Independent Community Bankers of America (ICBA) has become the latest trade group to offer a white paper offering a strategy to resolve the future of the government-sponsored enterprises (GSEs)
The difference in opinions between homeowners and appraiser regarding home values has widened further, according to new data from Quicken Loans.   Last month, Quicken Loans determined that appraisals were an average of 1.90 percent lower than what the owner expected, up from the 1.77 percent... more
The cash sales share for all home sales in January 2017 was 36.5 percent, unchanged from a year ago, according to new data from CoreLogic
Last week saw upswings in the purchase and refinance markets, according to the latest Mortgage Bankers Association Weekly Mortgage Applications Survey for the week ending May 5.   The Market Composite Index increased by 2.4 percent on a seasonally adjusted basis and by three percent on an... more