Mike Sorohan  May 21, 2019 The financial crisis taught mortgage lenders, servicers and policymakers that vacant homes pose major problems-from maintenance, blight, lower neighborhood property values and crime. Now, with the crisis largely behind, a different kind of issue faces vacant properties, said Redfin, Seattle. A recent Redfin analysis found nationwide, vacant homes sell for…

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MBA NewsLink Staff May 16, 2019 The Mortgage Bankers Association Builder Applications Survey reported mortgage applications for new home purchases increased by 15.6 percent in April from a year ago and by 3 percent from March. The changes do not include any adjustment for typical seasonal patterns. By product type, conventional loans composed 70.7 percent of…

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MBA NewsLink Staff May 10, 2018 Redfin, Seattle, despite a noticeable nationwide decline in bidding wars for homes in April, pockets of the country, particularly on the West Coast, remain hot this spring. Redfin reported just 15 percent of offers written by Redfin agents on behalf of their home-buying customers in April faced a bidding war,…

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