Google+
  • Ocwen2.80+0.00 +0.00%
  • Zillow48.18-2.14 -4.25%
  • Trulia47+0 +0%
  • NationStar17.78-0.14 -0.78%
  • CoreLogic43.36-0.20 -0.46%
  • RE/MAX56.70-0.45 -0.79%
  • Fannie Mae2.35-0.04 -1.67%
  • Freddie Mac2.26-0.02 -0.88%
  • Wells Fargo53.16+0.26 +0.49%
  • CitiMortgage64.23+0.45 +0.71%
  • Bank of America23.27+0.38 +1.66%
  • Fidelity National Financial44.52-0.15 -0.34%
  • First American45.22-0.12 -0.26%
  • Black Knight Financial Services40.05+0.00 +0.00%
  • AUDUSD=X0.7589+0.0007 +0.0897%
  • USDJPY=X112.1240-0.1420 -0.1265%
Home | News | Market Studies (page 4)

Affordability Gap Especially Rough for Minorities

Median earners in the top U.S. markets are getting almost fully priced out. A new study by Redfin shows an increasing affordability gap that is even further exaggerated by ethnicity. Middle-class Hispanic and African-American buyers in several major markets, especially in the West, are close to becoming extinct.

Read More »

Defects on the Rise, Highest in North Dakota

Loan application defects are on the rise across the country, particularly in North Dakota, Montana, and Vermont. According to an expert economist, it’s riskier lending practices—both on purchases and refinances—that are to blame. McAllen, Texas, and Knoxville, Tennessee, came in the with highest frequency of defaults in terms of metro markets.

Read More »

Home Prices Hit New Peak

According to new data, home prices have hit a new peak, now reaching $272,000. Eight states and 15 metros also hit new price peaks this year. Washington has seen the biggest jump in prices over the year.

Read More »

Week Ahead: Update on Economic Conditions in the Beige Book

The Summary of Commentary on Current Economic Conditions by Federal Reserve District, otherwise known as the Beige Book, will be released this Wednesday. The book, released eight times a year, summarizes anecdotal information on current economic conditions in its District through Bank and Branch director reports and interviews with key business contacts, economists, market experts, and other sources. Find this and a preview of what is to come in the Week Ahead.

Read More »

Seven Markets Enjoying Fast Closings

Homebuyers in San Jose, California are enjoying the fastest closing times in the nation. Trailing behind San Jose, six other cities came in at 50 days or less. These markets are seeing multiple bidders, many of whom are pre-qualified and offer large down payments, on the first day of listing.

Read More »

BofA Capital Buffer Lags Behind

At the close of Q1, Bank of America had fallen behind its peers—at least in terms of its capital buffer. The bank came in last among major financial institutions, with just a 1 percent buffer for the quarter. Goldman Sachs took the top spot.

Read More »

Rising Demand, Shrinking Inventory Fuel Median Price Growth

There are few more concrete examples of supply-and-demand economics in action than the housing market. A new report looking at April numbers shows a spike in demand and a corresponding spike in median prices. The B-side, of course, is that while demand rises, inventory shrinks, fueling the current sellers’ market.

Read More »

Southern Cities on the Rise

The latest Census data has Southern cities reigning supreme in terms of population growth. Ten of the top 15 fastest growing cities in the country are located in the South, with five in Texas alone. The West also saw growth, claiming four of the top spots.

Read More »

FHFA: Solving Complications in Mortgage English Proficiency

The Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) Thursday for problems qualified Limited English Proficiency (LEP) borrowers face during the mortgage lifecycle. Per FHFA’s 2017 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions, the GSEs must identify major challenges for LEP borrowers in accessing mortgage credit, analyzing potential solutions, and developing a multiyear plan appropriate for the Enterprises to support improved access. By better understanding the experience of LEP borrowers and those that serve them, the FHFA can successfully expand their statutory mandate.

Read More »

FHFA Releases Q1 Price Index

The FHFA’s Q1 House Price Index Report was released Wednesday showing house prices up for the 23rd time in a row. Additionally, they were also up for the 21st time in a row year-over-year. Though this seems positive, Q1’s rate of growth nationally was minimal compared to the quarterly growth rates in years past.

Read More »
Scroll To Top