Real estate news

• Confidence in Housing at New Record

  07-06-2018 22:01
  Confidence in housing is at a new record, with the Fannie Mae Home Purchase Sentiment Index® (HPSI) outdoing its past peak. The boost was ignited by optimism from sellers, who are benefitting from increasing prices. At 92.3, the Index rose 0.6 percentage points month-over-month and 6.1 points year-over-year.
  “The HPSI edged up to another survey high in May, bolstered in part by a fresh record high in the net share of consumers who say it’s a good time to sell a home,” says
  
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• The art of real estate appreciation

  07-06-2018 21:00
  
  Many things contribute to the coastal California MSA of San Diego-Carlsbad-San Marcos. In addition to its near-monotonous temperate climate, growing economy, point-of-entry position, the huge Marine and Naval installations that are again benefiting from increased military spending, the area boasts a quality of life that continues to attract homebuyers and push home prices higher.
  
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• MBA finds Stevens successor: Meet the new president and CEO

  07-06-2018 17:37
  
  The Mortgage Bankers Association today revealed its new president and CEO to take over this summer. Current president and CEO Dave Stevens announced he will be stepping down as of September 30, 2018, to allow the MBA time to choose a new leader. Now, the MBA has done just that.
  
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• Hunt Mortgage Group hires Precilla Torres to lead proprietary lending group

  07-06-2018 17:08
  
  Hunt Mortgage Group recently announced it has hired Precilla Torres as senior managing director and head of the company's proprietary lending group. She will be based in the firm’s New York office and report to Hunt Mortgage President and Chief Investment Officer Jim Flynn and is responsible for establishing overall lending and program goals for the business unit.
  
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• ARMCO hires new chief strategy officer

  07-06-2018 15:44
  
  Nick Volpe signed on as chief strategy officer at ACES Risk Management. In his new role with the company, he will be angling for increase market share and industry recognition of its financial risk mitigation software tools.
  
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