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FHFA Boosts Maximum Conforming Loan Limit
The Federal Housing Finance Agency (FHFA) is raising the maximum conforming loan limit for mortgages to be acquired by Fannie Mae and Freddie Mac to $484,350 in 2019, up from the current limit of $453,100.   The FHFA asserted that the... Read more
A coalition of 31 financial services and housing trade associations called on Senate leaders to confirm President Trump’s nomination of Michael Bright as the next president of Ginnie Mae
Trade Groups Urge Confirmation of Ginnie Mae Nominee
A coalition of 31 financial services and housing trade associations called on Senate leaders to confirm President Trump’s nomination of Michael Bright as the next president of Ginnie Mae. Bright has served as acting president of Ginnie... Read more
Mortgage delinquencies dropped by 8.2 percent in October from September and are down by nearly 18 percent from last year, according to new data from Black Knight Inc.
Mortgage Delinquencies Decline in October
Mortgage delinquencies dropped by 8.2 percent in October from September and are down by nearly 18 percent from last year, according to new data from Black Knight Inc.   Serious delinquencies fell by 14,000 from September to October to... Read more
If the average renter is feeling a greater sense of claustrophobia coupled by fewer dollars in his or her wallet, that’s because their residential spaces are shrinking while their rents are increasing
Study: Apartments Growing Smaller and Pricier
If the average renter is feeling a greater sense of claustrophobia coupled by fewer dollars in his or her wallet, that’s because their residential spaces are shrinking while their rents are increasing.   According to a data analysis by... Read more
the Federal Housing Finance Agency (FHFA) reported home prices were up by 1.3 percent from the second quarter to the third quarter
New Data Shows Slowing in Annual Home Price Gains
Two new data reports have reaffirmed that home prices still on the rise, albeit at a much slower pace than in recent years.   The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.5 percent annual gain in... Read more
The combined devastation brought by California’s Camp and Woolsey Fires resulted in up to $19 billion in property damage, according to new data from CoreLogic
Up to $19B in Property Damage From California Fires
The combined devastation brought by California’s Camp and Woolsey Fires resulted in up to $19 billion in property damage, according to new data from CoreLogic.   The Camp Fire, which was the most destructive wildfire in California history... Read more
Altisource Portfolio Solutions SA has announced a specialized Federal Housing Authority (FHA) offering
Altisource to End Homebuying Business
  Altisource Portfolio Solutions S.A. has announced it will be selling BRS Inventory, its short-term investments in real estate operation, and will discontinue its Buy-Renovate-Lease-Sell (BRS) business.    Altisource’s BRS business... Read more
A real estate broker in Texas came up with a scintillating solution for getting buyer interest in a house that has been on the market for too long: Use barely-clothed fitness models in the online listings
Can Sexy Models Help Sell a House?
A real estate broker in Texas came up with a scintillating solution for getting buyer interest in a house that has been on the market for too long: Use barely-clothed fitness models in the online listings.   According to a Washington Post... Read more
Real house prices increased two percent between August and September and increased 15.3 percent from September 2017, according to the latest Real House Price Index report from First American Financial Corp.
Real House Price Growth Accelerates
Real house prices increased two percent between August and September and increased 15.3 percent from September 2017, according to the latest Real House Price Index report from First American Financial Corp.   However, the new data also... Read more
New York State
Fewer Sales, Higher Prices in New York State
    Last month saw fewer sales and higher prices in New York’s housing market, according to data from the New York State Association of Realtors.   The 70,704 homes for sale across the Empire State in October represented a 1.3 percent... Read more