On the third day of Mortgage Bankers Association National Secondary Market Conference and Expo in New York City, three economists took the stage to explain their view of the housing market, and their forecast for 2017. Freddie Mac Chief Economist Sean Becketti, Fannie Mae Chief Economist Doug Duncan and MBA Chief Economist Mike Fratantoni gave
Anyone who has ever rented knows it has its advantages. You don’t have the stress of a mortgage, the landlord is on the hook for repairs, and, best of all, it’s easy to move when you desire a change in digs. The same benefits hold true for families that rent, but with so many individuals’
It can be a cookout space, lounge area complete with a brightly colored umbrella, or a display of potted plants. For whatever purpose you use your wood deck, it requires regular maintenance and upkeep to be able to provide you with years of pleasure. The key to preventing long-lasting damage to your deck is spotting
Among the dozens of records that serve to inform or disclose to the buyer significant knowledge about the property, the title report is one of the most important. It documents ownership, vesting, and detail regarding anything recorded against the home, such as liens, encroachments, or easements. The title company compiles the report from a search of
Interior designer Janie Molster astutely mixes color and pattern to create sophisticated and vivacious spaces. She recently transformed the third floor of a stately residence – located along Monument Avenue in the historic Fan district of Richmond, VA – into a chic and colorful guest suite. Molster breathed new life into the upper floor by outfitting it
Editor’s note: Painting is the first project many of us tackle in a new home – sometimes before we even unpack the first box. And if we can’t paint, or prefer not to, we express ourselves with color through the textiles, furniture, and accessories that fill our homes. Introducing our favorite colors to our home
Editor’s note: Painting is the first project many of us tackle in a new home – sometimes before we even unpack the first box. And if we can’t paint, or prefer not to, we express ourselves with color through the textiles, furniture, and accessories that fill our homes. Introducing our favorite colors to our home
Cash sales held steady in January, but distressed sales dropped year-over-year, according to a new report from CoreLogic. Cash sales accounted for 36.5% of total home sales in January, unchanged from the previous year. During the housing crisis, cash sales peaked at 46.6% of total home sales, however, historical norms rest at about 25%. Real
The homeownership rate continues to hover near all-time lows, showing little signs of improvement from last quarter or even last year. The homeownership rate for the first quarter of 2017 barely moved, inching up to 63.6%, up slightly from 63.5% last quarter and down from 63.7% last year, according to the first quarter report from
Editor’s note: Painting is the first project many of us tackle in a new home – sometimes before we even unpack the first box. And if we can’t paint, or prefer not to, we express ourselves with color through the textiles, furniture, and accessories that fill our homes. Introducing our favorite colors to our home