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A stain of pessimism is polluting how some homeowners perceive the housing market and their homebuying decisions, according to a new poll commissioned by Trulia
A stain of pessimism is polluting how some homeowners perceive the housing market and their homebuying decisions, according to a new poll commissioned by Trulia.   In a survey of 2,264 adults conducted by Harris Poll, 21 percent of respondents said a housing purchase mistake they made in the past... Keep Reading....
After two weeks of rising mortgage rates, Freddie Mac is reporting rates have taken a new tumble
After two weeks of rising mortgage rates, Freddie Mac is reporting rates have taken a new tumble.   The 30-year fixed-rate mortgage (FRM) averaged 3.96 percent for the week ending July 20, down from last week when it averaged 4.03 percent. The 15-year FRM this week averaged 3.23 percent, down from... more
For the first time ever, the typical U.S. home is worth more than $200,000, according to new data from Zillow
For the first time ever, the typical U.S. home is worth more than $200,000, according to new data from Zillow.   The national median home value has reached $200,400, a 7.5 percent increase from last year. Zillow attributed this new peak to a higher buyer demand and a shrinking housing inventory. In... more
For the second consecutive month, purchase home loans remained at 68 percent of the closed home loan market while refinances remained at 32 percent
For the second consecutive month, purchase home loans remained at 68 percent of the closed home loan market while refinances remained at 32 percent, according to the June Origination Insight Report released by Ellie Mae. Within the loan types pursued for purchase loans, conventional purchase loans... more
Single-family housing starts in June were at a rate of 849,000
Single-family housing starts in June were at a rate of 849,000, which is 6.3 percent above the revised May figure of 799,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. Privately-owned housing starts in June were at a seasonally adjusted... more