One In 10 U.S. Properties Seriously Underwater In Q2 2018

Home Equity

Equity Rich Properties Represent One in Four U.S. Properties; Report Includes Home Equity Breakdown by Zip Code IRVINE, Calif., Aug. 9, 2018 /PRNewswire/ — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q2 2018 U.S. Home Equity & Underwater Report, which shows that in the second quarter of 2018, more than […]

Housing Wealth for Homeowners 62+ Reaches $6.8 Trillion in Q1 2018

reverse mortgage

WASHINGTON, June 20, 2018 /PRNewswire/ — Housing wealth for homeowners 62 and older grew to $6.82 trillion in Q1 2018, an increase of $177 billion in senior home equity over Q4 2017, reports the National Reverse Mortgage Lenders Association today in its quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index. The RMMI rose to 244.73 […]

U.S. Home Equity Lines Of Credit Increase 14 Percent In Q1 2018

Home Equity

IRVINE, Calif., June 14, 2018 /PRNewswire/ – ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q1 2018 U.S. Residential Property Loan Origination Report, which shows that more than 1.8 million (1,813,691) loans secured by residential property (1 to 4 units) were originated in Q1 2018, down 5 percent from the previous […]

National Association of Realtors® Infographic: Housing Market Movers – Baby Boomers

Housing Baby Boomers

WASHINGTON, June 14, 2018 /PRNewswire/ — In recent years, baby boomers have been active in the housing market, coming in at a close second to millennials as the largest generation of home buyers, while home prices have remained high and inventory conditions tightened. The National Association of Realtors®’ 2018 Profile of Home Buyer and Seller Generational […]

HomeAdvisor Releases New True Cost Report Highlighting Home Improvement Trends

home improvement

GOLDEN, Colo., June 12, 2018 /PRNewswire/ — Today, HomeAdvisor released its True Cost Report focused on generational trends in home improvement, the negligible impact of rising interest rates on homeowner decision making, and the growth of home improvement spending. Findings of the report show that 80 percent of homeowners surveyed plan to stay in their existing […]

Global Tiny Homes Market 2018-2022| Rising Number of Retirement Home Parks Drives Growth

Tiny Homes

LONDON–(BUSINESS WIRE)–The global tiny homes market is expected to grow at a CAGR of approximately 7% during the period 2018-2022, according to the latest market research report by Technavio. A key factor driving the market’s growth is the cost-intensive construction of conventional houses. The demand for tiny homes is mainly driven by the high cost […]

U.S. Home Flipping Rate Matches Six-Year High In Q1 2018 Despite 3 Percent Year-Over-Year Decrease In Number Of Homes Flipped

Home Flip

IRVINE, Calif., June 7, 2018 /PRNewswire/ — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q1 2018 U.S. Home Flipping Report, which shows that 48,457 U.S. single family homes and condos were flipped in the first quarter of 2018, down 4 percent from the previous quarter and down 3 percent […]

June 2018 Elections

Your Vote Counts

It’s elections season again and with terms like “Jungle Primary” being tossed around in the media, it’s time to get out there and rock the vote. Do you know where you are supposed to vote at in your neighborhood? If not, be sure to check out our link to the Registrar of Voters page: Don’t forget […]

How much house should I buy?

how much house can i afford

In the article, “How Much House Can I Afford?”, authored by Roger Wohlner, it starts with a simple title that poses, what the reader would think is, a straightforward question in home buying lexicon. Mr. Wohlner then delves into how most people perceive in answering this question, stating that “the best approach is to take […]

Stated Income Home Loans

Stated Income Home Loans

Current regulations require banks to offer “plain vanilla” mortgages, which are controlled by strict guidelines for borrower debt-to-income ratios and proof of incomes. These safe mortgages are called “qualified mortgages”, also known as QM loans. But these standard vanilla QM loans are not for every consumer. For the right and worthy borrower, other mortgage options […]