Monthly Archives: June 2019

Foreclosures Down for 7th Straight Year

Foreclosures continue to drop

Those looking for a great deal on a foreclosed home will have to wait longer as overall foreclosure activity continued to plunge annually for the 11th month in a row from last year. Foreclosure filings declined 22% from a year ago, according to the ATTOM Data Solutions’ Foreclosure Market Report. “We are continuing to see […]

Confidence in Housing Near All-Time High

housing confidence

The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 3.7 points in May to 92.0, just shy of the survey high set last May. A 13-percentage point increase in the “Good Time to Buy” component drove the index higher. The net share of respondents expecting home prices to go up and mortgage rates to go down over […]

Home Equity Rises

Home equity increase

Home equity rises to the highest level since 2002 The value of all U.S. owner-occupied homes increased to a record $26.1 trillion in the first quarter, according to a Federal Reserve report released Thursday known as the Flow of Funds. That was a gain of 4.3% from a year earlier, the slowest annualized increase since 2012. The collective […]