Existing home sales rebounded in July, gaining 2.5% to an annual pace of 5.42 million following an upwardly revised 5.29-million-unit annual rate in June. With the gain, existing home sales are trending modestly higher, and are now up 0.6% from July 2018. Regionally, sales were mixed, with the Northeast down 2.9% last month as theRead more
TICOR TITLE CONTINUES STRONG MOMENTUM OF 2019 Ticor Title is a member of the Fidelity National Financial family of companies and the nation’s largest group of title companies and title insurance underwriters – Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York – that collectively issue more titleRead more
Ticor Title Orange County is pleased to welcome Vanessa Le to our Residential and Commercial Sales Team. Vanessa is an experienced and successful Veteran in the Title Insurance Industry and we are proud to have her as a part of the Ticor Title family. Vanessa got her start in the business over 20 years ago,Read more
During the last week of May, the 30-year fixed-rate mortgage dipped below 4.0% and has remained there amid concerns over trade disputes, a possible economic slowdown, and market anticipation of a Federal Reserve interest rate cut. This decline in mortgage rates has caused a spike in purchase and refinance mortgage applications. Moreover, we expect thatRead more
The Role of Housing in the Longest Economic Expansion is a special report examining the role and performance of the housing sector during the ongoing 121 months of consecutive economic expansion in the United States, the longest period on record. Here are the Key Findings on the Economic Influence of Housing: The number of homesRead more
With constant, busy lives, the dream for many Americans is to find that special place to get away from it all. It is not surprising that the number of vacation homes has grown 29% nationwide since 2009. Did you know that you can sell your investment real estate and reinvest the gain, tax deferred, toRead more
Ticor Title is excited to announce the newest member of our Orange County Sales Team. We warmly welcome Felix Hung to the company. With many years of Real Estate related experience under his belt, Felix will switch gears and move into the title portion of the industry, enhancing and offering even more services to hisRead more
Home prices nationwide, including distressed sales, increased year over year by 3.6% in May 2019 compared with May 2018 and increased month over month by 0.9% in May 2019 compared with April 2019 (revisions with public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly released public data to provide updated results.)Read more
We want to wish everyone a happy (shortened) work week and a Happy Independence Day! As we celebrate and remember all of the things that make our country great this coming 4th of July … here is a neat list of places to view fireworks, celebrate Independence Day, and a bunch of other great eventsRead more
According to Mark Hanson, SVP, Securitization for Freddie Mac: “We take the loans we purchase and package them into mortgage-backed securities (MBS) bonds that offer a stream of revenue derived from borrower payments. The securities are sold globally to investors, including insurers, pension managers, money managers, REITS and foreign central banks via the TBA markets.”Read more