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topStories Tuesday, January 31, 2017
     
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Look Up: Your Roof May Need You
Pending Home Sales Make End-of-Year Push
Pending home sales made an end-of-year push in December, picking up 1.6 percent from November in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). The rise in the overall PHSI—which also came in 0.3 percent higher than December 2015—was led by contract activity in the South and West, increasing 2.4 percent and 5.0 percent, in order. Contract activity in the Midwest, however, decreased 0.8 percent in December, while activity in the Northeast decreased, as well, 1.6 percent. "Pending sales rebounded last month as enough buyers fended off rising mortgage rates and alarmingly low inventory levels to sign a contract," says Lawrence Yun, NAR chief economist. The rebound, still, does not equal recovery, says realtor.com® Senior Economist ...
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articles
President Trump Plans to 'Do a Big Number' on Dodd-Frank
The new administration is wasting no time addressing Dodd-Frank, with President Trump on Monday saying he will "do a big number" to the regulation he believes has been... READ MORE >
Housing Activity Not Frozen in January
Housing activity has been anything but frozen in January, with inventory moving at a 4 percent faster rate annually as demand continues to outpace supply, according to recently... READ MORE >
Jon Coile: Big Fish, Small Pond
Champion Realty CEO and President Jon Coile has been in real estate for almost three decades, originally founding the company on January 17, 1987. "I started... READ MORE >
Newlyweds: Here Are 5 Factors to Consider when Buying Your New Home
Now that the wedding is over, you and your spouse are ready for the next exciting milestone: homeownership. There are so many factors you need to keep in mind and... READ MORE >

Homespun
Real Estate Q&A: Homeowner Still Has Hope for Mortgage Modification
By Gary M. Singer
(TNS)—Q: I have fallen behind on my mortgage payments due to illness. Things are better now, and I am back at work, but my home is heading to foreclosure. I heard that loan modifications are no longer available. Is there any hope for me?
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articles
Citigroup Steps Away from Mortgage Servicing Business

MLSListings, The MLS and Palm Springs Regional MLS Agree to Share Data

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