Talk about jumping the gun.
Equifax and TransUnion have stopped offering traditional credit reports, replacing them with the more expensive trended credit reports that Fannie Mae plans to start using, but that other investors don't.
Friday, August 26, 2016
Sunday, August 7, 2016
Canadians, investors poised for big profits selling metro Phoenix homes
It could be sell time for two big groups of metro Phoenix homeowners.
Many Canadians and institutional investors bought bargain foreclosure homes in the Valley during the crash. Now, they are poised to make a lot of money on metro Phoenix housing.
Blackstone Tenants Get a Shot at Buying Their Rental Houses
Melissa Suniga and her mother had been renting a three-bedroom Phoenix house for less than a year when their landlord, Blackstone Group LP's Invitation Homes, gave them the chance to buy it.
Read more... http://www.bloomberg.com/news/articles/2016-07-05/blackstone-s-tenants-get-a-chance-at-buying-their-rental-houses
Low Supply Lifts Housing Lot Prices To a Record
The prices home builders pay for single-family lots hit a record high in the U.S. last year, a sign that a scarce supply of developed land is pushing up the cost of new homes.
Median single-family lot prices were $45,000 last year, surpassing the previous peak of $43,000 at the height of the housing boom in 2006, according to an analysis of the most recent census data by the National Association of Home Builders.
Read more...Low Supply Lifts Housing Lot Prices To a Record - WSJ