Recent announcements from government agencies involved in the mortgage industry indicate that mortgage credit is likely to expand soon. Among other imminent changes are lower down payment requirements which would result in a huge boost for the first time homebuyer market.
Year-over-year prices were up 6.2% in April to a median of $429,000 in Southern California. Sales volume climbed 8.5%. At the current pace, there is 3.6 months of inventory in
In this article from Zacks, many of the factors affecting the housing market outlook for the remainder of the year are examined along with how some of the various public
When a Nobel-prize winner shrugs his shoulders, and says, “I don’t know … ” to a question directly related to his field, it gives you pause. Which is what economist,
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