Here are the 20 hottest housing markets right now

Here are the 20 hottest housing markets right now

realtor.com reveals where demand and prices are sizzling

Mortgage closing costs drop 7% to $1,847

Origination fees dropped but third-party costs rose

Monday Morning Cup of Coffee: G-fees won’t pay for highways

Fed inaction leaves analysts strongly neutral on mortgage bonds
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News

J.G. Wentworth completes transition into mortgage lender

Finalizes acquisition of WestStar Mortgage
In March, J.G. Wentworth, the purchaser of structured settlement payments, annuity payments, lottery payments and other receivables that rose to fame with the “It’s my money and I want it now” advertising campaign, announced its intention to acquire WestStar Mortgage. That acquisition is now complete.
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Zillow names new chief financial officer, chief operating officer

Promotes architect of Trulia merger
Zillow Group found a replacement for its departing chief financial officer from within its own ranks. Zillow announced Monday that it is promoting Kathleen Phillips, who oversaw the entire Trulia acquisition, from chief operating officer to chief financial officer.
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The $96M house-flipping Ponzi scheme?

When you're in a hole, stop digging
A co-owner of a real estate firm based in Irvine and Long Beach set up a Ponzi scheme to pay off old investors while continuing to recruit new ones for a plan to flip distressed apartment buildings.
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Mortgage closing costs drop 7% to $1,847

Origination fees dropped but third-party costs rose
Mortgage closing costs declined 7% over the past year and now average $1,847 on a $200,000 loan, according to Bankrate.com. Every little bit helps, but is it enough and will it continue?
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Here are the 20 hottest housing markets right now

realtor.com reveals where demand and prices are sizzling
Whether to buy or sell may not be clear following recent housing indicators, which offered contradictory points of view. But Jonathan Smoke, chief economist at realtor.com, says the residential real estate market continued to show strong signs of health in July. Here are 20 markets that are sizzling with demand.
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NYC mayor reveals new affordable housing plan

Contains strongest requirements in the nation
New York City Mayor Bill de Blasio has officially unveiled his new home-affordability plan after first mentioning it during his 2013 mayoral campaign. Is this a game changer for one of America’s most unaffordable cities?
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