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Mortgage

FHFA suspends plans to update its credit scoring model

By Mike Wheatley | July 28, 2018
This week it was revealed that an initiative to update the Federal Housing Finance Agency’s credit score model, which is used by both Fannie Mae and Freddie Mac, is being suspended.
Real Estate Agents, Realtors

NAR membership grows 6% despite poor market conditions

By Mike Wheatley | July 24, 2018
The National Association of Realtors’ membership continues to grow, with the trade association adding more than 80,000 new realtors in the last 12 months.
Featured News, Home Sales, US Real Estate

NAR: Using an agent to sell your home could bring you in an extra $60,000

By Mike Wheatley | July 18, 2018
The concept of “buyer’s remorse” is fairly well known, but those who think they can save a few bucks by selling their home without the aid of a real estate agent could well find themselves experiencing an alternative feeling – seller’s regret.
Home Sales, US Real Estate

NAR's Yun warns of summer housing market "test" as sales continue to fall

By Mike Wheatley | June 29, 2018
The National Association of Realtors is reporting that pending home sales have fallen for a fifth consecutive month, and says it’s a sign that this year’s spring buying season hasn’t lived up to the hype.
Home Sales, US Real Estate

Median home prices reach all-time high, NAR says

By Mike Wheatley | June 25, 2018
Home buyers can expect to pay more than ever this summer, as the median existing-home price for all housing types hit an all-time high of $264,800 in May according to the National Association of Realtors.
Featured News, US Real Estate

NAR economist Yun calls for new home construction to solve the inventory crisis

By Mike Wheatley | June 14, 2018
Unemployment rates are at their lowest level since 2000, while the economy is by all accounts running strong. But although these conditions might normally seem ideal for the real estate market
Real Estate, Residential

Home sales fall again as low inventory leaves buyers with fewer options

By Mike Wheatley | May 30, 2018
Existing home sales have failed to gain much traction in the past month, according to a new report from the National Association of Realtors released last week.
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