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Archive for October 30, 2015

Homeownership Rate Rises for First Time in 2 Years

lisasheppard | October 30, 2015

After dropping to the lowest level in 48 years in the last quarter, the homeownership rate in the United States increased to 63.7% in the third quarter, climbing from 63.4% in the second quarter, according to data from the Department of Comme...

What’s California Real Estate Going To Do in 2016?

lisasheppard | October 20, 2015

California’s housing market is expected to improve in 2016, but a shortage of available inventory and continuing high costs are expected to limit the price growth, according to a report released last Thursday by the ...

Distressed Sales Down to Just 9% of Homes Sold

lisasheppard | October 16, 2015

Distressed sales, which include real estate-owned properties and short sales, accounted for 9.4% of total home sales nationally in July 2015, down 2.1 percentage points from July 2014 and down 0.4 percentage points from ...

Sonoma County Home Prices Jump in August

lisasheppard | October 12, 2015

Sonoma County home prices climbed 10.2 percent in August from a year earlier, far outstripping the rise in home prices statewide, property data service CoreLogic reported Tuesday. To read more, Click Here.

Fannie Mae, Freddie Mac Announce New Mortgage Buyback Rules

lisasheppard | October 7, 2015

Fannie Mae and Freddie Mac have announced a set of new policies pertaining to mortgage buybacks designed to promote transparency and increase access to credit-to-worth borrowers. The new rules will take effect January 1, 2016. To read mo...