The 12 hottest housing markets right now

The 12 hottest housing markets right now

And the biggest losers in the price growth race

Does Fannie Mae support appraisers?

Here comes Collateral Underwriter

Higher fees proposed for FHA mortgages

MBA: This is far in excess of what the FHA needs
W S

News

Pending home sales reverse course

Slightly drop from last week’s levels
Brena Swanson
Despite pending home sales posting a slight decline, it is still above year-over-year levels for the second month straight, and the rest of the news for homes sales doesn’t look bad either.
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Former Dallas Cowboys QB Troy Aikman lists Dallas home

Paid $4.6 million last year; wants $5.3 million now
Ben Lane
After selling his long-time home in the chic Dallas enclave of Highland Park, former Dallas Cowboys quarterback Troy Aikman purchased two homes last year, one for $4.6 million and another for $4.3 million. Now, Aikman is looking to sell the more expensive of the two homes and he’s looking to make a profit as well.
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Freddie Mac: Rates stay frozen heading into holidays

Rates remain around 4%
Brena Swanson
Mortgage rates once again barely budged from last week’s numbers, with most staying unchanged. Here’s where rates stand heading into Thanksgiving weekend.
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New home sales squeak out weak gain in October

Again Census revises previous month’s print down
Trey Garrison
New home sales squeaked out a 0.7% gain, but that's only because of smoke and mirrors and a weird surge in the Midwest. Take a look.
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Mortgage apps fall 4.3% despite low mortgage rates

Refinancing share tick up but volume down
Trey Garrison
Mortgage rates are still at long-term lows but despite ticking up last week, mortgage applications remain doggedly down. Here's how it breaks down.
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The 12 hottest housing markets right now

And the biggest losers in the price growth race
Trey Garrison
RealtyTrac’s data for October breaks out the housing markets with the most price gains, the ones that are slowing, and what’s happening with short sales and foreclosures. Where does your market fit in, and what does it mean?
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Median home price in October increases to highest since Sept. 2008

RealtyTrac: High level still 19% below 2006 peak; growth slowing
Trey Garrison
Price appreciation slowed in more than half the major metro markets, but 20 of them reached a new post-recession high. Here's what that means going forward for housing.
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Chad Neel joins Solutionstar as executive vice president

Will oversee servicing solutions
Ben Lane
Solutionstar has hired Chad Neel as the company’s new executive vice president of servicing solutions. In this role, Neel will focus on launching new product, technology and service offerings for existing and new customers.
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FirstKey announces expanded single-family rental loan program

Targeting investors seeking loans of up to $5 million
Ben Lane
FirstKey is courting single-family rental investors by offering an expanded financing program. The company expects the program to reach both institutional and entrepreneurial investors seeking loans up to $5 million.
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Second jobs create obstacles for home buyers

Full-time job income plus part-time job income just not enough
Brena Swanson
The government is working to expand the credit box, but it just is not happening fast enough as borrowers with second jobs struggle to qualify for mortgages.
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