Trends

Altisource Portfolio Solutions has issued the results of its inaugural Default Servicing Survey, a survey of over 200 mortgage default servicing professionals
Altisource Portfolio Solutions has issued the results of its inaugural Default Servicing Survey, a survey of over 200 mortgage default servicing professionals. According to the study, nearly three-quarters (71 percent) of servicing professionals surveyed predicted FHA/VA loan volumes would increase... Keep Reading....
Construction spending in February totaled $1.192 trillion at a seasonally adjusted annual rate
The U.S. Department of Housing & Urban Development (HUD) awarded $55.2 million to 77 Native American tribes through its Indian Community Development Block Grant (ICDBG) Program to improve housing conditions and stimulate economic development in their communities.   The ICDBG program was... more
Home prices in August were up 7.7 percent from one year earlier, the largest year-over-year price gain since May 2015, according to new data from Redfin. However, the national median sale price in August was $293,000, unchanged from July, while sales in August fell 5.5 percent compared to last year... more
The Bel-Air, Calif., home of the Ronald and Nancy Reagan was sold for $15 million to Jerry Perenchio, the former chairman of the Spanish-language Univision television network
Average mortgage rates were mostly unchanged from last week's year-to-date low, according to new data from Freddie Mac.   The 30-year fixed-rate mortgage (FRM) averaged 3.78 percent for the week ending Sept. 14, the same as last week, and the 15-year FRM this week averaged 3.08 percent, also the... more
There was much less bounce in the home flipping market during the first quarter, according to the latest numbers released by ATTOM Data Solutions
There were 53,638 single-family homes and condos flipped during the second quarter, down 6.9 percent from the first quarter and unchanged from one year ago, according to new data from ATTOM Data Solutions.   The average gross flipping profit in the second quarter was $67,516, a 48.4 percent return... more