Residential

Keep Your Home California receives $383.3 Million In Funding to Help Homeowners

By Guest Author | April 21, 2016
Keep Your Home California will receive an additional $383.3 million in funding from the federal government, allowing the mortgage-assistance program to help prevent foreclosure for more homeowners struggling with financial hardships.The U.S. Department of the Treasury announced the additional funding Wednesday, the second phase of additional funding approved for the Hardest Hit Fund program during […]
US Real Estate

FHFA’s New Principle Reduction Policy Is Too Little Too Late

By Allison Halliday | April 18, 2016
This was the view of the California Reinvestment Coalition (CRC) about the agencies new principle reduction policy. Kevin Stein, associate director at CRC said “Today’s announcement by FHFA that principle reduction loan modifications will be available on a limited basis for Fannie Mae and Freddie Mac (“GSE”) loans is the poster child for “way too […]
Home Buying, US Real Estate

Hispanic Homeownership Rates Increasing

By Allison Halliday | March 18, 2016
According to an article in Housingwire, Hispanic homeownership rates are increasing for the first time since 2009 while in comparison the overall homeownership rates in the US decreased for the twelfth time. This is according to data from the State of Hispanic Homeownership Report. Figures from the US Census Bureau show that Hispanic homeownership rates […]
Real Estate, US Real Estate

Chinese Developers Building in the Bay Area

By Allison Halliday | March 16, 2016
According to an article in SF Gate.com, Chinese money coming into the Bay Area housing market isn’t just confined to homebuyers. Now investors and developers are also backing and building large residential projects. Apparently this is because they would like to diversify away from China, and also because they want to be able to serve […]
Real Estate

Demand for US Property Is Slowing amongst Foreign Buyers

By Allison Halliday | March 9, 2016
According to an article in the Wall Street Journal, demand from overseas buyers for property in the United States is weakening and is apparently being undermined by rising real estate prices combined with a strong US dollar. This is quite different from last year when many experts were predicting that demand from foreign investors would […]
Home Buying, US Real Estate

Real Estate Prices Are Rising in Detroit

By Allison Halliday | February 25, 2016
Finally some good news for Detroit, as according to an article in realtor.com, the property market is beginning to hot up. The latest figures for real estate prices in Detroit show they increased by 7.1% compared to a year earlier. Figures from the S&P/Case Shiller Home Price Indices show that overall real estate prices were […]
Luxury Real Estate, US Real Estate

Luxury Real Estate Market Rebounded at the End of Last Year

By Allison Halliday | February 11, 2016
After a nine month slump, the luxury real estate market rebounded at the end of 2015 according to an article by Redfin. Prices for the most expensive homes, accounting for the top 5%, gained 3.1% during the fourth quarter compared to a year earlier with the biggest gains being in Sacramento, Austin and in Philadelphia. […]
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