Housing
145 results total, viewing 121 - 130
Do you feel that hint of a chill starting to swirl through the housing market? The cooling is slight but it’s for real. Home prices are not rising as fast in most metropolitan areas as they did earlier this year and much of 2012. Multiple bid competitions – fierce in many places this spring and late last year – aren’t as intense. Inventories of homes for sale have increased this summer, reversing near droughts of listings that helped fuel higher prices. more
Could the real estate market be heading for a new – and as yet little publicized – financial storm? Maybe. more
Pressured by consumer protection regulators, the Federal Housing Administration is expected to end one of its most controversial practices: Charging borrowers interest on their home mortgages for weeks after they’ve paid off the entire principal balance. more
Federal agencies weren’t functioning much of October, but six of them are looking at a proposal that could squeeze huge numbers of buyers out of the mortgage market: a mandatory 30 percent down payment for borrowers who seek the best rates and terms. more
PROVIDENCE – A New York-based law firm will be banned from doing business in Rhode Island as mortgage foreclosure consultants, Attorney General Peter F. Kilmartin announced. more
With full-fledged sellers’ markets underway in dozens of metropolitan areas around the country, new research has found curious statistical patterns emerging: Even in cities where listings get multiple offers within days or hours, significant numbers of homes are sitting on the market for six months, 12 months or more with no takers. more
How hot is hot when it comes to housing markets across the country right now? Crazy hot: Some houses sell within days, sometimes within hours, of listing. Then there are the growing numbers that sell even before they formally hit the market – sold through a controversial technique known as “pocket listings.” more
U.S. prosecutors are showing new resolve in pursuing cases against the financial institutions that sold the shoddy mortgages that led to the global financial crisis of 2007-08. more
It is an odd turn of phrase to say that winter creates friction. But it’s true. more
They’re back after barely a decade: Escalation clauses in real estate contracts, “naked” contingency-free offers and lowball-priced listings designed to pull in dozens of bidders and turn routine sales transactions into auctions. more
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