Mortgage credit risk increased in the second quarter of 2017, but remains within the baseline range of credit risk, according to a report released today by CoreLogic, a leading global property information provider.
Green construction is rapidly gaining traction among both single family and multifamily home builders, according to new research published in the Green Multifamily and Single Family Homes 2017 SmartMarket Brief. The full report is available here..
Freddie Mac is projecting smooth sailing for the U.S. real estate economy, according to its 2018 Economic Research Outlook released last week.
Both Fannie Mae and Freddie Mac have begun waiving on-site appraisals on a relatively small number of qualifying mortgages this summer, and instead are now relying on data they already have, along with publicly available data, to determine the market value of a property.
The Massachusetts Association of Realtors announced today that Barb Davis-Hassan, president of Barb Hassan Realty Inc. in Pittsfield is the Massachusetts Realtor of the Year for 2017.
Preliminary loss estimates for Hurricane Irma is estimated to be between $42.5 billion and $65 billion (excluding uninsured commercial losses), according to a report released today from CoreLogic, a global property information company.
Two Worcester area real estate agents were struck by a train in Thompson, Connecticut last week. One was killed, the other suffered life-threatening injuries, according to a statement from the Connecticut State Police.
The National Flood Insurance Plan is drowning in debt that it may not be able to repay. Inaccurate flood maps, climate change and premiums that don’t accurate reflect risk levels are just a few of the barriers to solvency.
Carmelinda “Melin” Menas believes so strongly in the credit union mission of service, that after moving to Western Massachusetts from Maine, she took a job at a bank and only lasted a couple of weeks before returning to the credit union fold.
Freddie Mac announced today that it is suspending all foreclosure sales and evictions through Dec. 31, 2017 in areas that the Federal Emergency Management Agency (FEMA) has declared eligible disaster areas as a result of hurricanes Harvey and Irma.
Anxiety about having enough money for a down payment is one of the factors keeping Millennial renters from buying a home, according to a new national survey by LoanDepot cited in the September 2017 Down Payment Report.
An article posted on realtormag.com last week reports that more homeowners are tapping into their home equity. Loan originations rose 8 percent to almost $46 billion in the second quarter of 2017, the highest level since 2008, according to Equifax.
Nationally, 4.5 percent of mortgages were in some stage of delinquency in June 2017, according to a report released today by CoreLogic. This represents a 0.8 percentage point decline in the overall delinquency rate compared with June 2016 when it was 5.3 percent.
There’s a lot of talk in Washington about tax reform, but one of the most controversial components facing significant change is the mortgage interest deduction.
Jenna Riley has just about seen it all while selling real estate on both sides of the Massachusetts/New Hampshire border for nearly two decades through some of the best and worst markets the region has ever seen.
Equifax, the consumer credit monitoring company announced Thursday that hackers stole the personal information and other credit information from approximately 143 million Americans, putting them at risk of identity fraud.
MISMO, the mortgage industry’s standards organization, is inviting industry participants to collaborate on new closing instruction standards, which will be designed to improve communication and avoid delays during the closing process.
Perhaps counterintuitively, the National Association of Realtors DANGER report lists successful real estate teams as one of the biggest threat to brokerages. But that’s because successful teams have a tendency to outgrow their brokerages and become the competition. Massachusetts brokerages see if differently. They embrace the team concept and manage, rather than fear it.
Broker and agent commissions are starting to slip in Boston and the trend looks likely to continue.
Median home prices in the second quarter eclipsed a record high set in 2016, jumping 6.2 percent year over year as the inventory crunch continues to push property values higher, according to the National Association of Realtors.
