Sticking the ‘Soft Landing’ Remains a Difficult TaskMortgage Ledger Staff2023-08-23T13:11:13-04:00
First-time homeownership surges: Half of all home buyers are making their first purchase
Mortgage Ledger Staff2023-08-23T13:03:41-04:00New Zillow research finds the share of first-time buyers has hit 50%, the highest level in years
Half of all home buyers are purchasing their first home, the highest share that Zillow has ever recorded. Zillow’s 2023 Consumer
The Typical Teacher Can Afford Just 12% of Homes for Sale Near Their School, Down From 30% in 2019
Mortgage Ledger Staff2023-08-15T17:52:38-04:00In San Jose and San Diego, no homes for sale near the schools Redfin analyzed are affordable on the local teacher’s median salary. Just three metros had a share above 50%: Detroit, Cleveland and Pittsburgh.
The average teacher can afford just
Home buyers gain breathing room with late-summer slowdown on the way
Mortgage Ledger Staff2023-08-14T15:55:04-04:00Steady demand is keeping the heat turned up, but early signs point to a late-summer seasonal cooldown
- Houses are spending more time on the market than in the spring, but still half as long as in 2019.
- Buyers still
Americans Are Clueless About Home Buying, According to New Survey
Mortgage Ledger Staff2023-08-09T16:12:40-04:00Just 14% of Americans know the median home price ranges between $400,000 and $499,000, and 12% know the current interest rate hovers around 7%.
Americans are wildly misinformed about home prices — 73% don’t think homes are affordable right now, yet
Inflation is Slowing, But Fully Quelling It Will Be Tough
Mortgage Ledger Staff2023-07-19T13:28:46-04:00Limited Supply of Homes for Sale Boosts Prices, New Home Construction
While the latest data on inflation has provided reason for optimism, less favorable base effects are likely to slow further progress in reducing annual inflation to the preferred 2-percent target,
CoreLogic Revolutionizes Data Access and Insights For Mortgage Lenders
Mortgage Ledger Staff2023-07-14T14:29:13-04:00The CoreLogic Discovery Platform enables streamlined access to powerful data-driven business analysis
CoreLogic®, a leading provider specializing in property information, analytics, and data-enabled solutions, has announced an enhancement to the CoreLogic Discovery Platform™. This robust, cloud-based platform is known
MIG Market Watch
Mortgage Ledger Staff2019-04-08T17:25:00-04:00MARKET COMMENT
Mortgage bond prices finished the week lower which put upward pressure on rates. Most of the negative movement came Monday as stocks surged higher. The data gave mixed signals on the strength of the economy. Retail sales fell 0.2%
U.S. Property Taxes Levied On Single Family Homes In 2018 Increased 4 Percent To More Than $304 Billion
Mortgage Ledger Staff2019-04-04T14:55:14-04:00Average Property Tax Was $3,498, Up 3 Percent and Effective Tax Rate of 1.16 Percent; Highest Effective Tax Rates in New Jersey, Illinois, Texas, Vermont, Connecticut
ATTOM Data Solutions, curator
Start of a Trend? Gap Between Owner and Appraiser Home Value Opinions in Quicken Loans Study Widens for Third Month
Mortgage Ledger Staff2019-02-12T14:40:56-05:00– Quicken Loans’ National HPPI shows appraised values 0.47% lower than homeowners estimated in December
– Home values rose 0.65% nationally in December, and posted a 5.35% year-over-year increase, according to the Quicken Loans HVI