General

California house hunters looking to finance a purchase have returned to almost their old buying pace, according to one industry metric. Real estate watchers often track the Mortgage Bankers Association’s weekly reports on mortgage applications as a gauge of housing demand. Since the battle against coronavirus became widespread, the association has published a California slice …

California mortgage applications soar 77% off coronavirus bottom. Applications for purchase money up 7 consecutive weeks Read More »

May 10, 2019 Inspired by reality TV shows on HGTV and other outlets, a new generation of home flippers has been in the market in recent years. These investors hope to make over properties and then make a tidy profit off the sale. But for many, flipping hasn’t exactly been made-for-TV. This is one segment of the market where real estate agents should counsel …

HGTV-Inspired Flippers Get Harsh Dose of Reality Read More »

More than 80% of consumers conduct online research in advance of most of their purchases, according to Q3 2015 online consumer statistics recently released by Adweek, a popular magazine and website that covers media news, including technology, advertising, and branding. Adweek states this is true even for items which are eventually purchased at a bricks-and-mortar …

Sellers: Decoding the online listing Read More »

Los Angeles and Orange counties are the least-affordable housing market in the country. And it’s likely to only get worse. That’s according to new figures due out Thursday from real estate website Zillow, which found that renters here need to pay more of their income to afford a place to live than anywhere else in …

L.A.-O.C. housing market is least affordable in U.S., Zillow says Read More »

When housing prices first went off the cliff, most mortgage lenders refused to cut deals with homeowners, choosing instead to repossess homes on a grand scale. Five years and billions of dollars in losses later, many banks can’t cut those deals fast enough, writing off large chunks of mortgage debt and even paying homeowners to …

Short sales in California surpass sales of foreclosed homes Read More »

Sales of previously owned homes fell slightly in December from the previous month, an industry group said, but the national median home price rose the most in seven years. Sales fell 1.0% from November and were up 12.8% from December 2011, the National Assn. of Realtors said. In total, the group estimated that 4.65 million …

Tight inventory driving higher prices Read More »

Sellers are inclined to go with the highest-priced offer when they receive more than one. But, price is only one factor to consider. An offer with a lower purchase price but a large down payment and a quicker close could be best. The terms of a purchase offer can make or break a deal, particularly …

Crunching the numbers on competing purchase offers. Don’t assume higher bid is better. Read More »

FICO and CoreLogic Announce Availability of More Predictive Mortgage Credit Score Designed to Enable Growth in Mortgage Lending Market Innovative predictive score can help lenders safely grow mortgage origination volumes SANTA ANA, CA—July 10, 2012—CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, and FICO (NYSE: FICO), the leading provider of predictive …

FICO to release new “Mortgage Score” Read More »

Rising new home sales point to a strengthening housing market May sales of new single-family houses reached the highest level since April 2010, adding to evidence that the industry is no longer a drag on the broader U.S. recovery. By Alejandro Lazo and Tiffany Hsu, Los Angeles Times June 25, 2012, 5:52 p.m. Sales of newly …

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