News

CNBC: The ‘Great Rotation’ Has Hit Wall Street

CNBC reported over the weekend that the highly anticipated “Great Rotation” may finally have hit Wall Street. According to the news site, the “rotation” phenomenon is marked by a “massive shift of money out of bonds and into stocks.” In

Housing Market on Track for Best Year Since 2006

According to a new report published by Realtor.com on Thursday, the housing market is currently on track to have its best year since 2006. As we reach the midpoint of 2015, the site credits job growth for “powering the surge

Consumer Housing Outlook on the Rise

With the recent improvement in employment statistics, potential homebuyers are beginning to view the housing market with a more positive outlook. As reported by Mortgage News Daily on Tuesday, average hourly earnings and personal income are on the rise, with

Down Payment Percentages on the Decline

First-time homebuyers are making their mark on the housing market, and that has become particularly evident in the decline of down payment percentages. According to Mortgage News Daily, the first quarter of 2015 saw the lowest average percentage for down

Report: House Prices Up 6.8% Year-Over-Year in April

CoreLogic announced earlier this week that home prices were up 6.8 percent year-over-year in April. Additionally, the average home price in the United State was up 2.7 percent in April from the month before. “For the first four months of

Michael Jackson’s Neverland Ranch on the Market for $100 Million

Michael Jackson’s infamous Neverland Ranch has just hit the market in Los Olivos, Calif., for an asking price of $100 million. The 2,700-acre estate – now known as Sycamore Valley Ranch – has 22 different structures built on it, including

Renting Becoming Harder Than Ever in Major Cities

It’s been pretty well documented in recent months that rents are rising steadily nationwide. But in a new video report by CNBC, the network revealed on Thursday just how quickly prices are skyrocketing in some of the country’s most popular

Freddie Mac: Nearly 80 Percent of Top 100 Housing Markets in the U.S. Improving

On Wednesday, Freddie Mac released some good news for individuals and families living in some of the country’s most popular metro markets. According to the mortgage company, the U.S. housing market is continuing to stabilize nationwide, and nearly 80 percent

Midwest Seeing Largest Gains as Home Sales on the Rise Again

CNBC reported on Tuesday that home sales are on the rise nationwide once again, with the number of new homes sold in April up seven percent from the numbers we saw in March. Additionally, the Midwest has experienced the biggest

Fannie Mae: Housing Market Faring Better Than Economy

According to a new report published by Fannie Mae late last week, the housing market in the United States is currently faring better than the economy as a whole. Although the GDP grew by just 0.2 percent in the first

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