Category Archives: Residential

CFPB Fact

The Consumer Financial Protection Bureau (CFPB) was created to watch over the interests of American consumers in financial products and services of all kinds. On August 1, 2015, the bureau’s rule governing integrated disclosure forms for mortgage lending will go into effect – bringing a significant change to industry practices and standards. Are you prepared? …Read more

Another Top-10 List — Most First-Time Homebuyers Putting Less Than 14 Percent Down Payment With a Minimum 20 Percent Millennial Growth Rate

What has been missing – until now – in the housing market recovery are first-time homebuyers. Considerable research and prognostications have been done as to why the entry-level market has been so sluggish. Many believe that it has been caused by two primary factors. The first limiting factor has been the massive increase in mortgage …Read more

Existing Home Sales Increase Year-Over-Year for the Third Consecutive Month – Median Price Now Up 34 Consecutive Months Year-Over-Year

December existing home sales hit the 5+ million seasonally adjusted annualized sales rate (SAAR) for the sixth time in the past seven months as reported by the National Association of Realtors® (NAR). Sales were up 3.5 percent in December 2014 when compared to the same month a year earlier. Sequentially, sales were up 2.4 percent …Read more

Another Top-10 List — The Hottest Residential Markets

Things change. And they always will. Period. What was hot at one time may be cool at another. And Vice-versa. That encompasses from coffee to iced tea to real estate markets. From a residential real estate perspective, the relative performance of a local market is a function of current supply and demand relationships and expectations …Read more