Top Sales: Waterfront stunners were the must-have homes in January
Beach houses were Southern California’s top sellers in January, as waterfront properties in Santa Barbara and Malibu traded hands for more than $20 million.
Beach houses were Southern California’s top sellers in January, as waterfront properties in Santa Barbara and Malibu traded hands for more than $20 million.
These are the costliest and most devastating natural disasters on record.
Nicole “Snooki” Polizzi is best known for MTV’s “Jersey Shore,” but she’s been frequenting a different beach as host of a new show, “Beach Cabana Royale.”
The post Snooki ReturnsâTo Renovate Beach Homes in ‘Beach Cabana Royale’ appeared first on Real Estate News & Insights | realtor.com®.
The rapper Nelly is leaving behind his abandoned Missouri digs. The hip-hop star has placed the unfinished remodel on the market for $599,000.
The post Now Renting in Calabasas, Nelly Is Selling Abandoned Mansion in Missouri appeared first on Real Estate News & Insights | realtor.com®.
Economists think that low mortgage rates will continue to boost housing demand in coming months.
The post U.S. Existing Home Sales Rise in January as Buyers âSnatch Upâ Any New Listings appeared first on Real Estate News & Insights | realtor.com®.
Posted To: MND NewsWire
The Urban Institute (UI) says the surge in foreclosures predicted as the COVID-19 pandemic drove unemployment to the highest level since the Great Depression may not materialize, even when the current forbearances end. Two UI researchers, Michael Neal and Laurie Goodman, say that even vulnerable homeowners may be spared, and they think they have identified the reasons. Mortgage forbearance rates peaked at 8.55 percent of active mortgage in June 2020 and began to fall when unemployment rates did. Since October, however, both unemployment and forbearance rates have flattened. This has heightened concern that many homeowners could face foreclosure later this year. The authors say about a quarter of the 2.7 million borrowers who remain in forbearance plans are continuing to make their payments…(read more)
The short answer: Immediately. That is, if you want to buy a home at some point in the next year, or any time thereafter. Weâll get into the specifics in a moment, but thereâs really no sense in waiting if you want to own a home or condo because itâs always going to be a [&hellip
The post When Should You Start Looking for a House? first appeared on The Truth About Mortgage.
A fundamental premise of today’s housing and mortgage markets is that there is not nearly enough supply for the demand that’s out there. While the consensus solution is to simply build more houses, one mortgage CEO explained that there’s a gap in the market that amounts to an estimated $1 trillion worth of property currently … [Read more…]
AIB sells soured mortgages as it circles Ulster Bank loans The Irish Times