3 reasons why California housing is about to go bust

Here's where expert economists think housing is going

Where will we be in 2019?

Washington is protecting buyers right out of homeownership

BPC Housing Commissioner: Give borrowers a chance to fail
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Items Tagged with 'Real estate'

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Lennar earnings soar amid positive builder news

Beats analyst expectations
Brena Swanson
Homebuilder Lennar reported strong third-quarter earnings amid positive industry reports on builder confidence. "Our core homebuilding business continues to drive earnings, with strong sales, deliveries and margins," Stuart Miller, CEO of Lennar Corporation, said.
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3 reasons why California housing is about to go bust

The money is drying up
California is perhaps one of the most important states in mortgage finance. So much of the mortgage finance world is based in California and, like Texas, the industry is a huge source of employment for workers of varying levels of education. But, trouble could be brewing.
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Millennials start to move out of their parents' houses

… but still not buying
Brena Swanson
Although millennials are moving out from their parents’ homes, they are still not buying their own houses. Instead, they are choosing to rent.
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Mortgages don’t to make it on BofA’s priority list

New strategy pulls back from mortgages
Brena Swanson
With the majority of Bank of America’s lawsuits behind it, the Charlotte-based bank is refocusing its efforts and choosing to pull back from mortgages.
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Wells Fargo: Top homeowner misconceptions

Survey finds borrowers don’t know their options
Brena Swanson
Despite homeowners knowing that now is a great time to buy a home, many borrowers are still reluctant to do so because of uncertainty about qualifying for a mortgage or navigating the home-buying process.
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Freddie Mac: Here's why multifamily growth rules housing

Millennials flock to urban apartments
Brena Swanson
As the single-family building sector struggles to move at all, the multifamily sector is witnessing a strong rebound, fueled by demand from millennial buyers.
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Entertainment mogul looking to “simplify,” lists six homes for $107 million

Robert F.X. Sillerman to sell properties in Manhattan, Anguilla and the Hamptons
Ben Lane
According to a report in The Wall Street Journal, Sillerman and his wife Laura, have listed six of their homes in Manhattan, the Hamptons and on the Caribbean island of Anguilla for sale in an effort to “simplify” their lives.
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More homeowners retire with outstanding student loan debt

Defaults come out of social security checks
Brena Swanson
Yes, millennials have accrued an absurd amount of student debt, putting a damper on the housing recovery. But they're not alone in dealing with the burden of student loans.
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D.C.’s housing market stuck in neutral

Buyers show no eagerness
Brena Swanson
America’s own capital is struggling to kick its housing market into high gear, staying relatively flat. And buyers are showing no eagerness to jump into the market.
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Fannie Mae widens credit box for failed homeowners

Updates minimum wait periods
Brena Swanson

Good news for failed homeowners: Fannie Mae updated the policy related to the minimum waiting periods following a preforeclosure sale or deed-in-lieu of foreclosure, making it easier for borrowers to jump back into the market.


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