3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

New home sales plummet 14.5% in March

Spring buying season off with a whimper

4 metrics reveal California's true housing market

Foreclosures dwindle as home prices skyrocket
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Items Tagged with 'housing inventory'

ARTICLES

Where are home sales headed?

Realtors: Strength hinges on job market
January 23, 2014
Existing-home sales experienced a slight increase and grew 1% to a seasonally adjusted rate of 4.87 million in December from 4.82 million in November, due to weather, mortgage rates and continuous home prices gains.
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Headwinds ahead for housing

Sales surge 25.4%, but lending rules and rates pose challenges
December 4, 2013
There may be major headwinds ahead for housing as inventory levels shrink and rates rise. Not to mention, the slew of new mortgage rules hitting the market in January.
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Existing-home sales slip from four-year high

Affordability hits five-year low
October 21, 2013
Existing-home sales slipped in September after posting their highest level in nearly four years, the National Association of Realtors reported.
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CoreLogic data: Housing recovery is undeniable

The only question is will it last?
September 20, 2013
The housing recovery is undeniable even if some analysts believe it's built on artificial lifts or unlikely to last long-term.
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Housing inventory expands as market shifts

Sellers test the waters again
September 12, 2013
Sellers are easing back into the housing market, with inventories growing again in August, standing just 2.5% below year ago levels.
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D.C. housing recovery in full swing

August 29, 2013
The Washington D.C. housing market is in full recovery, but it still has some bumps to work through, with inventory tight and buyers competing with investors' all-cash offers.
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Real estate markets show signs of slowing down

A few key markets buck the trend
August 22, 2013
Multiple reports suggest the real estate market may be leveling out. The latest Redfin report claims only 29.2% of homes are selling within 14 days, still a relatively high number, but clearly returning to pre-bubble norms.
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Home sales, prices increase from year ago levels

Inventory levels continue to drop
August 19, 2013
For 18 months in a row, home sales and prices have edged up consistently each month, the latest RE/MAX Housing Report shows.
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