Here are a few national real estate-related stories that came across my desk this week…
- from CNBC: Investors in rental homes: ‘It’s a business not a trade’
- from National Mortgage News: Wells Fargo Economists Reduce New Home Sales Forecast
- from the National Association of Home Builders: New Index Shows Housing Markets Back to Normal in 52 Metros
- from HousingWire: Freddie Mac guides lenders through government freeze — Lenders deliver mortgages even if borrower isn’t receiving income
- from Mortgage News Daily: Housing Market Optimism Tempered by Shutdown
- from CoreLogic: National Foreclosure Report
- from HousingWire: ABS East panel says Shiller wrong on housing bubble call — Everyone agrees: Even higher rates won’t impact affordability
- from Housing Wire: CFPB: Student loan debt hijacks the housing recovery — Indebted college grads live with parents because they fear buying homes
- from Reuters: U.S. mortgage applications edge up on more refinancing: MBA
- from The Wall Street Journal: Construction Loans for Your Dream Home — Affluent home buyers are building their dream mansions using construction loans that cover extravagant projects, including indoor swimming pools and multi-car garages
- from The Washington Post: Why a high-interest loan may be advantageous to a house flipper
- from CNBC: Mortgage applications gain; buyers look past US shutdown
- from DSNews.com: Shadow Inventory Falls to Lowest Level Since August 2008