Tag Archives: real esate

REO Inventory Posts Big Drop From a Year Ago

The amount of foreclosed homes on banks’ books has dropped by 18 percent in the last year, the Federal Deposit Insurance Corp. reports. The FDIC also says that levels have been...

Fannie Mae Expresses ‘Cautious Optimism’ for Housing Market

Despite slowing economic growth, Fannie Mae says the housing market has “performed relatively well” as record affordability and low interest rates continue to bump up home sales....

Get Ready for the Echo Boomers’ Mark on Housing

Sixty-two million echo boomers — between the ages of 17 and 31 — are expected to shape the housing market in the next decades, reports U.S. News & World Report. “With...

Foreclosures Plummet to 5-Year Lows

For the third consecutive month, foreclosure filings dropped, sinking to their lowest level since July 2007, according to RealtyTrac’s April report on nationwide foreclosure...

Builders Feel the Most Upbeat in More Than 4 Years

Builder confidence is at its highest level since June 2007, yet another sign that things are finally perking up in the new-home market, which has faced some of its darkest days on...

Foreclosure Lawsuits Skyrocket

An uptick in court cases challenging the foreclosure process sent the Mortgage Litigation Index in the second quarter to its highest level on record, dating to 2007. ...