“Weakening housing demand and the resulting decline in home prices since the spring’s peak reduced annual home equity gains and pushed an additional number of properties underwater in the third quarter. Nevertheless, while these negative impacts are concentrated in Western states such as California, homeowners with a mortgage there still average more than $580,000 in home equity.”
–Selma Hepp, interim lead of the Office of the Chief Economist with CoreLogic, Irvine, Calif.
Mortgage credit availability increased in November—the first monthly increase since February—the Mortgage Bankers Association reported Thursday.
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JLL hired Kristy David as a Senior Vice President for its Clean Energy and Infrastructure Advisory team.
Tony Furr is Vice President of Sales and Business Development with Anomaly Squared, Greensboro, N.C. Nikki Reives is the company’s Director of People Operations.
Mortgage credit availability increased in November—the first monthly increase since February—the Mortgage Bankers Association reported Thursday.
The Consumer Financial Protection Bureau said it does not intend to “initiate enforcement actions or cite Home Mortgage Disclosure Act violations for failures to report closed-end mortgage data collected in 2022, 2021 and 2020” for covered institutions that originated at least 25 closed-end loans, but less than 100 closed-end loans in each of the previous two calendar years.
RentCafe, Santa Barbara, Calif., reported self-storage development is being spurred by new apartments coming online all across the country.
ATTOM, Irvine, Calif., reported 30,677 U.S. properties with foreclosure filings in October, up 57 percent from a year ago, but down 5 percent from October.
First-time home buyers can find some remarkable homes—provided they stay away from the East and West coasts, said Zillow, Seattle.
