Foreclosure purchases make up reduced share of home sales, report finds

A recent report from the foreclosure data firm RealtyTrac indicates that in 2011 nearly 20 percent of all residential sales during the third quarter were for foreclosed houses.
A recent report from the foreclosure data firm RealtyTrac indicates that in 2011 nearly 20 percent of all residential sales during the third quarter were for foreclosed houses. [More]


MBA: Substantial drops in mortgage purchases, refinances

Mortgage requests during the week ending January 20 dipped considerably from the week before, the Mortgage Bankers Association reports, with nearly an equal drop in refinancing and purchasing activity.
Mortgage requests during the week ending January 20 dipped considerably from the week before, the Mortgage Bankers Association reports, with nearly an equal drop in refinancing and purchasing activity. [More]


Small banks could see limited CFPB regulations

The Consumer Financial Protection Bureau has said that small banks may be exempt from a number of rules and regulations that the agency intends to implement soon for lending and financial institutions.
The Consumer Financial Protection Bureau has said that small banks may be exempt from a number of rules and regulations that the agency intends to implement soon for lending and financial institutions. [More]


GAO report implies lack of sufficient appraisal monitoring

A more-thorough monitoring of the appraisal industry is needed to aid the ailing housing market, according to a study released by the U.S. Government Accountability Office.
A more-thorough monitoring of the appraisal industry is needed to aid the ailing housing market, according to a study released by the U.S. Government Accountability Office. [More]


Effects of mandatory down payments examined

A recent survey indicates that many potential borrower could be locked out of the housing market if there were to be a new lending regulation for federally-mandated down payment standards.
A recent survey indicates that many potential borrower could be locked out of the housing market if there were to be a new lending regulation for federally-mandated down payment standards. [More]


Some local housing markets expect improvements during 2012

While some industry experts anticipate the housing market to stage a slight rebound during 2012, MarketWatch recently outlined which local housing markets are expected to do the best and worst over the course of the year.
While some industry experts anticipate the housing market to stage a slight rebound during 2012, MarketWatch recently outlined which local housing markets are expected to do the best and worst over the course of the year. [More]


Study: U.S. has most affordable housing market internationally

Demographia released its annual International Housing Affordability Survey recently, which shows the U.S. has the most affordable housing market of all English-speaking areas of the world.
Demographia released its annual International Housing Affordability Survey recently, which shows the U.S. has the most affordable housing market of all English-speaking areas of the world. [More]


West, South home to the most foreclosures

Prior to the housing bubble burst, many of the nation's foreclosures were taking place in industrialized cities, including Cleveland, Detroit and Indianapolis.
Prior to the housing bubble burst, many of the nation's foreclosures were taking place in industrialized cities, including Cleveland, Detroit and Indianapolis. [More]


Florida reports housing market improvement

The Florida real estate market recorded some notable improvements last year as Miami home sales broke records during 2011, reports the Florida Association of Realtors.
The Florida real estate market recorded some notable improvements last year as Miami home sales broke records during 2011, reports the Florida Association of Realtors. [More]


Survey: Low cash bids on homes for sale keeping prices down

In December, the number of cash buyers purchasing homes for sale nationwide reached an all-time high, a report states. The substantial cash-buy market, though, is reportedly preventing home prices from stabilizing.
In December, the number of cash buyers purchasing homes for sale nationwide reached an all-time high, a report states. The substantial cash-buy market, though, is reportedly preventing home prices from stabilizing. [More]