Tag Archives for " Housing Recovery "
Charlotte homes see drop in negative equity Courtesy of the Mecklenburg TIMES By: Roberta Fuchs January 13, 2015 The number of the Charlotte area’s mortgaged homes with negative equity fell to 6.8 percent in the third quarter of 2014 from 8.4 percent in third quarter 2013, according to CoreLogic. The third-quarter 2014 figure rose slightly, however, […]Continue reading
The number of mortgage applications surprisingly increased even with the relatively quiet week for interest rates. According to the Mortgage Bankers Association (MBA), the total number of mortgage applications increased 4.9 percent week-to-week for the week ending November 14, which was mostly brought about by home buying applications. Though refinance applications only increased one percent […]Continue reading
In a quarterly survey conducted by Zillow, the findings revealed that out of more than 100 real estate professionals and expert, 40 percent believe that the housing recovery is still three to five years away based on the present trends in home prices and homebuyer activities. However, about one third of the panelists were hopeful […]Continue reading
According to the research recently released by Trulia, despite the weak cycle between the housing and labor market, the latter has been helping boost the housing recovery. Based on the October report, the percentage (76.2 percent) of 25 to 34-year-old employed individuals is still below the pre-housing bubble rate (78 to 80 percent) but remains to […]Continue reading