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June sees Pull-Back in Pending Sales

by devteam July 29th, 2015

Pending home sales dipped slightly in June, ending five straight months of increases. The National Association of Realtors® (NAR) said today that pending sales were down 1.8 percent from May, a month that reached the highest level on NAR's Pending

Modest Uptick in Refinancing After Modest Drop in Rates

by devteam July 29th, 2015

Perhaps consumers viewed the recent retreat in rates as their last chance to refinance before the Fed starts ratcheting up rates - maybe today, maybe in September, but mortgage applications, especially for refinancing, increased during the week ended

Homeownership Continues Dismal Decline; Rentals Soar

by devteam July 29th, 2015

Homeownership declined yet again in the second quarter of 2015. The Census Bureau said that the national rate dropped from 63.7 percent in the first quarter to 63.4 percent in the second and was more than a point down from the 64.7 percent where it stood

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