Author: Regan Hagestad

According to data from the U.S. Home Equity and Underwater Report put together by RealtyTrac, the number of properties with at least 50 percent equity grew by more than a million between the second quarters of 2014 and 2015. The most recent period ended with 10.9 million properties being equity rich, which is about 19.6 percent of all mortgaged properties.

It was a long road back, but it now appears the housing market has reached a point where fundamentals and home buyers are driving the market. RealtyTrac’s latest May U.S. Home & Foreclosure Sales Report brings good news. This report shows 24.6 percent of May’s single-family home and condo sales were all cash-based, and bank-owned sales were down 9 percent

For many years, home sellers have had to face the grim reality that many homes have been sitting on the market for months or even years without so much as a single bid or are being sold at a fraction of their value. This has left many people stuck living in homes that their family has outgrown or that they

As half of 2015 is over, it appears the residential real estate market is set to experience its best numbers since 2006, the peak year of the housing bubble. The growing job market is the driving force behind the high demand for homes. Over the last year, millions of jobs have been created, especially within the segment of people most

So what’s going on? Why are rates rising? Last week saw constant pressure on mortgage backed securities as part of a secular trend. German bund yields rose and MBS sold off as major bond traders continued to move money out of low return (but very safe) bonds. Hedge funds are done with camping money in bonds for the past two

Good news is being received by the real estate industry. April 2015 enjoyed the highest level of pending sales since 2006. The National Association of Realtors explained the Pending Home Sales Index saw a 3.4 percent increase from March 2015. This was 14 percent higher than last year and was the fourth consecutive month for an increase. April’s numbers were

Today, the real estate market is experiencing record cash sales from international buyers who are gobbling up large chunks of property. Through the first quarter of 2015, commercial real estate transactions increased by 45 percent. One of the most significant deals occurred as General Electric Company sold approximately $23 billion in assets to Wells Fargo & Co. and Blackstone Group

Optimists believe spring will be a good time for the real estate market. As reported by “The National Association of Realtors,” momentum is building, and the Pending Home Sales Index is increasing. March was the third straight month that enjoyed a positive upswing. The index is currently at its highest level since June 2013. Positive attitudes in the real estate

It appears the housing market is making a comeback. The National Association of Realtors performed research that shows formerly distressed homeowners are ready to re-enter the housing market. However, damaged credit may restrict the amount of people who are eligible to purchase real estate. Between 2006 and 2014, approximately 9.3 million homeowners were forced into foreclosure. On a positive note,