The Ticker

Natural hazard risk holding back home sales

But home prices are higher in high-risk areas
Home sales in high-risk areas are significantly lower than home sales in areas with lower risks. While this may not come as much of a surprise, people are still paying for homes in these high-risk areas. So, what's the difference?
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Could the mortgage market be facing a liquidity crisis?

Kroll Bond Rating Agency's Christopher Whalen thinks so
The mortgage market could be staring at a liquidity crisis in the very near future thanks in part to the Federal Reserve's repeated reluctance to increase interest rates, Kroll Bond Rating Agency Senior Managing Director Christopher Whalen told CNBC on Wednesday.
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California home sales gaining momentum

Posted fourth straight annual increase
Pending home sales in California show that existing home sales could see another increase in the fall if the momentum continues. The recent slow-down in San Francisco, however, leaves other markets to pull the momentum.
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McMansions prove to be poor investment

Wait, no one wants ugly homes?
In a shocking turn of events, it turns out Americans don’t want to buy ugly homes after all, according to Bloomberg. The McMansion craze that started in the late 1990s hit its end when home prices for these homes failed to keep up with the rest of the market.
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MBA: Mortgage applications post quiet week

Applications slightly dip
Mortgage applications recorded another quiet week despite record low-interest rates and it being one of the busiest housing seasons of the year. And this is only the latest report in a series of up and application reports from the MBA.
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Appraisal volume increases three weeks in a row

Housing market continues to plod along
For the first time in awhile, appraisal volume managed to increase for three consecutive weeks. While the four-week moving average did slightly decrease, it is not too far below the prior week, which was the highest non-holiday influenced four-week period since early spring.
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