Home Price Trend Higher

by | Aug 15, 2019 | Uncategorized

Home prices nationwide came in at 3.4% in June 2019 according to the recent CoreLogic analysis. This increase exceeds the inflation rate but still is manageable and in no way reflects the overheated real estate market of 2006-7. This is also a far slower pace of...

Refis Surge

by | Aug 14, 2019 | Uncategorized

Refinances accounted for 12% of the loans for the week, increasing by 116% from 2018. Total mortgage application volume increased 5.3% from the prior week, with volume surging by 46.5% from 2018.  According to the Mortgage Bankers Association [MBA], the average...

Negative Equity Falls to 4.1%

by | Aug 13, 2019 | Uncategorized

Key Findings on the Economic Influence of Housing The number of homes with negative equity has decreased. Total percent of homes underwater went from 25.9% in the first quarter of 2010 to 4.1% in the first quarter of 2019. Total home equity hits new record At the end...