Monday Morning Cup of Coffee: When will mortgage lending pick up?

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie

Fannie Mae: 3 reasons why this oil glut won't crash housing

It isn't the 1980s anymore

The Wrap: Appraisal activity continues to pick up in second week of August

Appraisal Foundation joins HousingWire
W S
The Ticker

California home sales drop in August

california

According to the Central Valley Business Times, California single-family and condominium sales, including distressed and non-distressed properties, declined 1.8% in August from July, while increasing 1.5% year-over-year.

“What caught my eye this month is both sales volume and prices fell simultaneously for the first time since January,” says Madeline Schnapp, director of economic research for PropertyRadar. “The pop in borrowing costs beginning mid-June has definitely impacted market activity, reducing demand and pushing down prices.”

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus