Archive for the 'banking' Category

States where all-cash buying has gone wild for the new feudal lords: Florida witnessed 62 percent of all home sales going to all-cash buyers in December.


2014 housing forecasts filled with euphoria: Estimates looking at higher rates combined with higher prices and stagnant incomes.


Where did all the single family homes go? Half of foreclosed homes still occupied and big investors not reselling properties. Investors purchase $1 trillion in real estate since 2011.


How much control does the Fed have on the housing market? The current state of housing and the Federal Reserve. Fed now owns roughly 12 percent of home mortgages.


The Unaffordable Golden State: Only 1/3 Californians can afford a home. How a minor jump in interest rates and a big rise in prices has thrown off affordability. Price reductions at highest level in 3 years.


Is the housing boom running out of gas? Pending home sales face largest monthly drop since home buying-tax credit expired in 2010. Median price nationwide drops.


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