Next recession will have limited impact on housing

Next recession will have limited impact on housing

Americans waiting for a major drop in home prices before a home purchase may have to wait for quite a while. According to a new report from First American Financial Services, a title insurance company, unlike the Great Recession more than a decade ago, any future economic trouble will have a much mo...

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Homebuyers motivated by low mortgage rates

Homebuyers motivated by low mortgage rates

Borrowing costs remaining near record lows is giving a boost to the housing market this winter. Mortgage activity in Q4 2019 was higher than any period since 2005, according to new data from the Federal Reserve Bank of New York compiled by Realtor Magazine. An increase in new loan originations and r...

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Zillow: More than 70% of couples argue over real estate

Zillow: More than 70% of couples argue over real estate

When the calendar moves past Valentine’s Day, it’s back to normal for most couples. And according to a new report from Zillow Research, normal means arguing over home buying or selling. The decision to move is often one of the biggest decisions a couple can make together but a survey conducted by Th...

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Giving your sweetheart a home for Valentine’s Day

Giving your sweetheart a home for Valentine’s Day

When red roses and a box of chocolates won't cut it, upper your game on the most romantic day of the year may be necessary. A grand gesture like buying a home could sweep your Valentine off their feet but it does come with challenges that even Cupid can’t help with. Adding your spouse to your home’...

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The dos and don’ts of closing on a house

The dos and don’ts of closing on a house

The day has finally arrived. You’ve been waiting over a month to get the keys to your dream home and all that’s left is some paperwork. While this is the scenario many buyers envision when purchasing a home, those who have been through the experience know that the process is not always a smooth one....

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San Diego home sales decline in Jan

San Diego home sales decline in Jan

A slowdown in price growth and low mortgage rates weren’t enough to keep home sales in San Diego from dropping last month. According to new data from the Greater San Diego Association of Realtors, single-family home sales declined by 24 percent on a month-over-month basis. While the volume of sales...

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Supply of homes in San Diego drops 34%

Supply of homes in San Diego drops 34%

The supply of homes available for purchase on the market has plummeted in recent months. According to a January report from realtor.com, inventory levels have fallen 14 percent during the month. This is the lowest level since at least 2012. Shrinking inventory has been observed most acutely among e...

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Growing number of Americans concerned about mounting debt

Growing number of Americans concerned about mounting debt

With homes growing more and more unaffordable, it's not surprising that a recent survey found a majority of Americans are feeling burdened by mounting debt. In a new survey by LendingTree, nearly 60 percent of respondents feel encumbered by debt in 2020, with 12.4 percent most concerned about their...

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How Coronavirus is impacting the housing market

How Coronavirus is impacting the housing market

Those who watch Wall Street carefully know how much the illusive Coronavirus is impacting global trading but the Chinese outbreak appears to be making its mark on the housing market as well. Over the last week the U.S. has seen mortgage rates drop and foreign buyers quickly vanish primarily due to t...

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Number of equity rich homeowners is rising

Number of equity rich homeowners is rising

The wealth being gained from owning a home in the U.S. is continuing to increase. Approximately one out of every four mortgaged homes have a loan value that is 50 percent or lower than the estimated market value, according to ATTOM Data Solutions. That suggests that 14.5 million homeowners in the U....

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