As signed into law last Friday, maximum FHA loan limits are — once again — as high as $729,750.
Foreclosure Filings Climbing; 4 States Account For Half Of Nationwide Activity
According to foreclosure-tracking firm RealtyTrac, October’s foreclosure filings rose 7 percent to 231,000 filings nationwide. Activity concentrated in just 4 states nationwide — California, Florida, Michigan and Illinois.
Home Affordability Peaked Last Quarter; Purchasing Power Sinks 10%
Home affordability reached an all-time high in 2010’s last quarter. Unfortunately for home buyers, it’s been a different story since, however.
Home Affordability Reaches Record-Levels… Last Quarter.
Prior to 2009, the Home Opportunity Index rarely topped 65. The index has remained above 70 ever since.