23 Oct 2018
By Mark Feder

NAHB: Builder Confidence in Housing Market Ticks Up in October

Real Estate
Home builder confidence in national housing market conditions rose one index point for a reading of 68 in October. Readings over 50 indicate that most builders are confident about market conditions. Rolling three-month averages showed mixed results. The Northeastern region gained three points for an index reading of 57; the Midwestern region lost two index points with a reading of 57 and the Southern region posted a gain of one point with a reading of 70. The Western region held steady at 74. Readings for sub-categories of the Housing Market index showed a one-point gain to 74 for current market…
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10 Oct 2018
By Mark Feder

Foreclosure Rates Expected To Dip Below 12-Year Low

Real Estate
The record-setting pace of the U.S. economy continues to positively impact the housing market and home foreclosures now stand at an astonishing 12-year low. Coming off a GDP growth rate of 4.1 percent and a historic bull stock market run, everyday Americans appear to be benefiting from one of, if not the strongest economies in decades. According to data compiled by CoreLogic, mortgage delinquency rates continue to improve and are already at the lowest levels in 12 years. Building on last year's national trend, foreclosures and mortgages more than 30 days past due declined to 4.2 percent in May. Other…
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24 Jul 2018
By Mark Feder

3 Generations Top Housing Market Trends

Real Estate
Historians like to say that those who do not learn the lessons of the past are doomed to repeat them. In the real estate industry, the chances of that happening are slim because agents and other professionals follow market trends closely. That being said, a careful examination of 2017 market trends and other factors can help highlight where the housing market is headed. Consider these top trends when deciding about whether to buy or sell a property. Millennials Scooping Up Homes According to resources such as Zillow, the low inventory and emergence of Millennials in the home-buying market helped break…
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