Home Equity Levels In Country Increase In spite Of Rising Home Prices

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In: Home Equity News

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Half of all U.S. mortgages are now considered equity-rich, according to a new report from real estate data curator ATTOM. According to the US Home Equity and Underwater Q2 report, 48.1% of the nation’s mortgages were considered equity-rich in theContinue Reading

U.S. Annual Home Prices Increased a Record 18% in July

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In: New Home Mortgage News

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U.S. home prices rise 18% in July compared to the previous year, consistent with a CoreLogic Inc. report released Tuesday. This jump is that the biggest 12-month gain within the index since the series began 45 years ago.  On a month-over-month basis, home prices rise byContinue Reading

Home prices shoot up during tight supply

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In: New Home Mortgage News

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Last updated on February 3rd, 2021 at 11:45 amAccording to the Northwest Multiple Listing Service, the median price for houses and condos throughout Pacific County shot up more than 39% in September compared to a year earlier. The countywide median wasContinue Reading

With Affordability Problem Home Prices Still Rising

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In: Mortgage News, New Home Mortgage News

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Last updated on February 3rd, 2021 at 11:05 amAccording to Chief Economist of Redfin, Daryl Fairweather’s statement in a press release, “Home price growth this high is making the housing market especially difficult for first-time homebuyers right now.  Rising prices areContinue Reading