“Many states across the western U.S. and along the East Coast saw average price gains of more than 6 percent,” according to a spokesperson on CoreLogic’s latest home price index results.
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A new report projects that by the year 2020, a significant number of home owners in the country will be foreign-born.
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“We are doing everything we can to avoid foreclosure,” says the lending giant’s vice president of short sales.
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The housing market is heating up, but these metros are still posting a large percentage of vacancies.
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Mortgage applications for home purchases — viewed as a leading indicator of future home sales — rose a whopping 15 percent last week.
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Lenders and well-off borrowers alike see advantages to the flexible financial commitment.
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