Tag Archives: real estate

Buyer Demand Soars, But Where Are the Houses?

Buyer demand is rapidly rising, but the housing market is realizing they may not have the inventory to meet it. “The housing turnaround seems to have caught almost everyone in the...

Study: ‘Green’ Home Owners Less Likely to Default

Home owners of energy-efficient homes are one-third less likely to default on their mortgage, according to a new study released by the University of North Carolina at Chapel Hill...

Refi Programs Give Underwater Owners a Lift

States that were the hardest hit by foreclosures and have the highest number of underwater home owners are now leading the nation in refinancing as more borrowers look to decrease...

Builders Ramp Up Hiring From Rising Demand

Growing confidence among home builders about the housing recovery is prompting more of them to go on a hiring frenzy to meet increasing buyer demand. Government data shows that 48,000...

7 Banks Foreclosing on the Most Mortgages

A small portion of banks are servicing the majority of the mortgages in foreclosure. “The banks foreclosing on the most homes may not directly own the bulk of the mortgages,” 24/7...

Economists Revise Housing Figures Amid Optimism

Several economists have recently revised their predictions on housing values to reflect a stronger-than-expected real estate rebound, and some have even doubled their original...

Credit Card Company Adds Home-Equity Business

Looking to benefit from rising home values, credit card lender Discover Financial Services announced it will begin offering home-equity loans in the second half of this year. Discover...

More Wrongful Foreclosures Against Military Members?

More than 700 wrongful foreclosures involving active-duty service members — a violation of federal law — by some of the nation’s largest banks were uncovered in a report this...

Quicken Loans Grabs Mortgage Market Share

Quicken Loans is growing its market share in the mortgage business, having just surpassing Bank of America as the third-largest mortgage lender in the U.S., according to rankings...

7 Great Markets for Short Sales

Properties sold in short sales account for about 22 percent of all residential sales, according RealtyTrac. RealtyTrac recently identified some of the best markets for buying a...