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Investor and cash buying push Las Vegas home sales

Reported by HousingWire
Homes in the Las Vegas area sold at the fastest pace for an April in seven years due, in large, to investor and cash buying nearing record levels. Sales in the $200,000-to-$500,000 range in the Sin City picked up 81% from one-year prior.

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SAN JOSE »
News article

San Jose Fastest Selling Home Market in US

San Jose Fastest Selling Home Market in US
Homes in San Jose, California are selling faster than any other major market in the U.S., according to a new report. Nearly two-thirds of new listings in San Jose were under contract within two weeks, and there was less than one month of supply in April.
Real Estate Channel 2 hours ago

 
TORNADO »
News article

OCC: Financial firms should provide options for tornado victims

The Office of the Comptroller of the Currency released a bulletin Wednesday asking national banks and federal savings associations to aid financial institutions located in areas impacted by extreme weather. The push for aid also applies to the banks' clients.

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HousingWire 23 hours ago

 
NEW YORK »
News article

PennyMac bites back at The New York Times

Not unsurprisingly, as the article was passed among trade players on LinkedIn, the voice of objection grew louder and louder. Usually in these cases, some venting is enough to calm the nerves. But not so. Because this time, the article is just plain wrong.

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HousingWire 3 hours ago

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