Tag Archive | housing recovery

HUD to Sell 40,000 Distressed Loans in 2013

In an effort to address the country‚Äôs shadow inventory and relieve high-foreclosure areas, the U.S. Department of Housing and Urban Development will sell thousands of severely delinquent mortgage loans insured by the Federal Housing Administration.Throughout the summer ahead, HUD will sell approximately 20,000 distressed loans via the Distressed Asset Stabilization Program in an attempt to […]

Housing Giving Off Mixed Signals: Are we recovering or not?

Housing has been a tremendous drag on the overall economy, and while the ink is not yet dry on the history books, fingers are still pointing in every which direction, and there is not a consensus regarding when the sector will be recovered, but the emerging consensus is that the recovery process has begun. We […]

Signs of a Housing Recovery in Your Neighborhood

Just because all the talking heads are saying “housing is back!” doesn’t mean everyone is buying it. There’s a high degree of skepticism surrounding the housing recovery, according to a recent survey by the MacArthur Foundation. According to the survey, 77 percent of homeowners don’t believe the housing crisis is over, with some saying the […]

Pulte Survey Says 60% of Renters Plan to Buy a Home in Next 2 Years

More renters who hope to one day own a home seem ready to act now. Among renters who one day hope to own a home, a poll finds a dramatic increase in the number who now say that they intend to buy in the near future. Offering more evidence of a swing toward home ownership […]

Homebuilder Confidence Shaken by Fear of Too Much Demand

Confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build land, building materials and workers. In the short term, those constraints could slow sales. But builders’ outlook for sales over the next six months has reached its strongest point in more than six years. […]