Monday, April 27, 2015

Vacation Homes Surge

Sunday, April 12, 2015

Lenders Lowering Mortgage Hurdles

There has been a lot of discussion about how difficult it is to get a home mortgage in this market. There is no doubt that the process is not as easy as it was eight to ten years ago and that’s probably good news. However, it does appear that availability to mortgage money is increasing with each passing day.

The Mortgage Bankers’ Association publishes the Mortgage Credit Availability Index(MCAI). According to their site the index is “a summary measure which indicates the availability of mortgage credit at a point in time”. As we can see from the graph below, mortgage availability has been increasing dramatically over the last six months.

Wednesday, April 08, 2015

The True Cost of Sprawl

Two new studies demonstrate the true costs of sprawl, and attempt to show that if new development was built at higher densities and with proper public transit, billions of dollars could be saved. Read more at TreeHugger.com