Real estate news

• Confidence in Housing Slightly Wilts

  09-07-2018 22:05
  The confidence consumers have in housing is slightly wilting, as homebuyers are immobilized by sparse supply, according to the Fannie Mae Home Purchase Sentiment Index® (HPSI) for June. At 90.7, the Index flattened 1.6 percentage points month-over-month, but remains up by 2.4 percentage points year-over-year.
  Twenty-eight percent of homebuyers are optimistic about purchasing—no change from May—and 47 percent of homeowners are optimistic about selling, up 1 percentage point to a r
  
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• Monday Morning Cup of Coffee: Did Detroit finally recover from the housing crisis?

  09-07-2018 06:01
  
  Detroit was one of the hardest-hit cities in the financial crisis. Now, 10 years later, is it finally showing signs of recovery? Also, in case you missed it on Friday, the battle over the leadership of the Consumer Financial Protection Bureau is nearly over. Full details within. All that, and more, in your Monday Morning Cup of Coffee.
  
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