FL cities lead the best housing markets for first-time buyers

Category: National Mortgage News
Published: Wednesday, 24 May 2017
The combination of lower housing costs, higher inventory levels and expected home-value growth is driving new homebuyers to the Southeast and Midwest, with the Florida cities of Orlando and Tampa deemed the best markets for first-time buyers today, ...

Low inventory, high prices could cut into local home sales

Category: National Mortgage News
Published: Tuesday, 23 May 2017
Despite a strong start to the spring selling season, Ventura County still lacks sufficient midrange housing to meet demand. TYLER HERSKO/THE STAR.

Costs rack up as PHH tries to survive by shrinking

Category: National Mortgage News
Published: Monday, 22 May 2017
PHH Corp.'s first-quarter net loss more than doubled as the troubled mortgage company dumps its origination unit and servicing rights and rebuilds as a subservicer.

North Texas home sales up, prices at record high in April

Category: National Mortgage News
Published: Sunday, 21 May 2017
The median price of area single-family homes sold by real estate agents rose 12 percent from a year earlier to $246,100. Median home prices were higher in all but a handful of Dallas-Fort Worth neighborhoods, according to the latest data from the Real ...