Christina Mlynski is a Reporter at HousingWire. She graduated with a bachelor's degree in news/editorial journalism from the University of North Texas, and previously worked for publications such as the Dallas Business Journal and Dallas Observer.
The housing market is a warrior. The industry has fought many battles, gotten pushed down — even trampled on — and yet, it always manages to find its footing to take on the days ahead. But the continued drag of employment numbers, coupled with housing demand constraints and extremely tight credit standards have led many industry experts to ask the question: Are we indeed on the path to yet another housing bubble?
Home prices continue to increase nationally. In fact, home prices jumped 12% on a year-over-year
basis in September 2013 compared to a year prior, posting the 19th consecutive monthly year-over-year gain in home prices nationally, according to the most recent CoreLogic Home Price Index report.
Before investors begin to sound the alarm on the program’s issues, market analysts expect eminent domain to remain an outlier risk, which, if widespread, could impact valuations drastically — although the likelihood is very low.
Housing stocks remained undeterred after Federal Reserve chair nominee Janet Yellen testified in front of the Senate Banking Committee Thursday. In fact, the HW 30 posted significant gains after Yellen showed no signs of taking her foot off the QE gas pedal.
The sales are an attempt by HUD to stem losses from its Mutual Mortgage Insurance fund, while providing an alternative for distressed borrowers that are on the brink of foreclosure. Even though investors did not meet the reserve requirements, the agency will carry on with business as usual.
The first thing you notice about New American Funding's Rick and Patty Arvielo is how much they like each other. That might seem like a foregone conclusion when you meet a married couple, but when that couple also runs an incredibly successful business together, I imagine it could get complicated. Read on to find out more about how this successful couple manages their life, and business, together.
For the first time since 1981, our industry is experiencing a rising interest rate environment. Some people may assume that the current market shift means their business will take a downward turn from which they will never recover. I don’t buy it. The way I see it, challenging times force us to refine our processes and practices.