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Why Remodeling Projects Are Facing Delays, Higher Prices

May 12, 2019 Chris B. Georgakopoulos

A remodeling labor shortage continues to impact housing projects by increasing prices and delaying timetables, a new survey from the…

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Average Homeowners Stay 8 Years Before Moving

May 10, 2019 Chris B. Georgakopoulos

Homeowners have been less transient the last few years. In the first quarter of 2019, homeowners who sold their homes…

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Ginnie Mae: Multiple Refinances Cause Problems

May 8, 2019 Chris B. Georgakopoulos

It can be financially harmful to borrowers and investors to repeatedly refinance their mortgages, warns Ginnie Mae, a government-backed firm…

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Are Lenders Loosening Mortgage Requirements Too Much?

May 7, 2019 Chris B. Georgakopoulos

Lenders are showing more tolerance for riskier mortgage applicants, lower credit scores, higher debt-to-income ratios, and smaller down payments, according…

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Mortgage Rates Break From Weeks of Increases

May 6, 2019 Chris B. Georgakopoulos

Following four weeks of rate increases, fixed-rate mortgages posted a drop this week. Rates remain well below their averages from…

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Buyer Demand Surging As Spring Market Begins

May 3, 2019 Chris B. Georgakopoulos

Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we…

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Fed Agrees to Hold Rates

May 2, 2019 Chris B. Georgakopoulos

The Federal Reserve voted unanimously on Wednesday to leave borrowing costs unchanged and says it will continue to be “patient”…

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If You Build It, Buyers Will Come

Chris B. Georgakopoulos

People are hungry for moderately priced homes and ready to spend. by Lawrence Yun Consumer confidence remains high and many people…

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Case-Shiller: Annual Appreciation Losing Momentum

May 1, 2019 Chris B. Georgakopoulos

By Suzanne De Vita Annual appreciation in February kept slowing, with gains grinding to 4 percent, according to the latest…

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Pending home sales jump 3.8 percent

April 30, 2019 Chris B. Georgakopoulos

Home contract signings are down 1.2 percent year-over-year. Pending home sales beat estimates in March. CNBC’s Diana Olick reports. Click…

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