The Data & Analytics division of Black Knight Financial Services (BKFS) stated no monthly adjustment in its Home Price Index (HPI) for January, highlighting the problem as to where other home price reports-- including the monthly Case-Shiller Home Price Indices-- will land for the year's first ... » Learn More about Unchanged National Home Prices Raises Questions
2014 Home Sales Depend on Strong Job Market
Growing optimism in the housing purchase market comes from faith in a strengthening job market nationwide. Latest snapshots of the national housing economy by Fannie Mae and Zillow cite job growth as a spur for more durable markets, particularly in western states, where new employments and ... » Learn More about 2014 Home Sales Depend on Strong Job Market
Presentation on 203k Rehabilitation Loans this Friday
I'll be conducting a seminar Friday March 21 on the 203K Rehabilitation Loan at the Outwest Marketing Meeting for realtors and affiliated businesses in the West San Fernando Valley. The meeting is open to anyone in real estate affiliated businesses for education and networking. The 203k allows the ... » Learn More about Presentation on 203k Rehabilitation Loans this Friday
Seventh Straight Month of Lower Home Sales in California
Closed sales of existing single-family homes slipped again in February, marking the seventh straight month of declining activity. The California Association of Realtors ® (C.A.R.) stated that sales of existing homes during the month reached a seasonally adjusted yearly rate of 361,210 units. This ... » Learn More about Seventh Straight Month of Lower Home Sales in California
Home Prices Actually Undervalued Based on Incomes -CoreLogic.
In an article that emerged fairly recently in CoreLogic's blog, Popping the Housing Bubble Theory, CoreLogic's Chief Economist Dr. Mark Fleming presents a different take on current home prices and whether or not recent gains are sustainable. Current thinking maintains that a housing bubble may ... » Learn More about Home Prices Actually Undervalued Based on Incomes -CoreLogic.