The week’s best real estate stories: Memphis – Demolition Capital of the World? Access to credit continues to tighten | 2013-08-23 | HousingWire The perfect storm of economic and regulatory conditions is shifting gears for underwriting standards in the mortgage lending environment. Is housing's run over? | 2013-08-26 | HousingWire Most Expensive Homes for Sale […]
RE Buzz – Real Estate News Roundup – August 20, 2013
The week’s best real estate stories: Natural hazards increase propensity of mortgage default The average homeowner located in a risk-prone area is more likely to default when compared to similarly situated homeowners in low-risk communities, new data from CoreLogic claims. Falling foreclosures: A sign of borrower heroism Moderate-Income Workers Struggle to Afford Housing Housing price […]
Memphis area July 2013 home sales indicate seller’s market
If you have been waiting for the housing market to “bottom out” and interest rates to go even lower than they have in the last year, well, friend, you have missed the boat. Memphis Area Association of Realtors stats for July 2013 and 3013 YTD indicate a continued upward trend in unit sales as well […]
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