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Top 6 Reasons to Not Buy a Home—Debunked

Source: REALTOR.com You? Buy a home? If that prospect sounds as unlikely as your becoming the next U.S. president—well, this campaign season has shown us that anything can happen. Sure, amassing the funds and slogging through the necessary paperwork for your own piece of the real estate pie...

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Home price growth equals greater homeowner equity

About 256,000 U.S. homes regained equity in the third quarter of this year, bringing the total number of residential properties with equity to about 46.3 million, according to CoreLogic’s latest equity report. That equates to about 92 percent of all mortgaged homes. The number of residential...

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FHA Fund Reaches 2 Percent

On Nov. 16, 2015, FHA released its Annual Report to Congress and the FY 2015 Independent Actuarial Assessment of the FHA Mutual Mortgage Insurance Fund. The review shows that the capital reserve ratio has reached 2.07 percent and has improved by more than $40 billion since FY 2012. The 50 basis...

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March Housing Market Report

Knowing what’s happening in your local housing market is important for REALTORS® when assisting homeowners, renters, and inspiring homeowners. The Akron Cleveland Association of REALTORS® provides you with up-to-date market reports for Cuyahoga and Summit counties. Market report stats are pulled...

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HUD Secretary Tells Realtors® FHA is Exploring Alternative Credit Scoring Models to Expand Mortgage Access

A diverse group of housing industry stakeholders participated in a credit access symposium last Wednesday to discuss how alternative credit scoring models could expand access to mortgage credit for responsible borrowers who may have thin credit histories or extenuating circumstances like medical...

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