4 Ways to Get Out of a Shared Ownership: A Guide for Homeowners

Key Takeaways Shared ownership means multiple people hold legal rights to a property, often as joint tenants or tenants in common. The most common ways to exit include selling the home, buying out a co-owner, or negotiating a settlement. If co-owners cannot agree, a partition action can legally forc

New Home Sales Plunge to 3-Year Lows

New home sales took a notable step back in January, reversing much of the prior month’s strength and highlighting the volatility that often defines this data series. The Census Bureau reported a seasonally adjusted annual rate of 587,000 , down sharply from December’s 712,000 and 11.3% lower than Ja

Reality Check For Refi Demand

NOTE: the rates discussed in this article are from MBA's weekly survey and pertain to last week.  This week's rates have already moved significantly higher according to our daily data. Mortgage application activity fell sharply last week as rising rates weighed on demand. The Mortgage Bankers A

Builder Confidence Inches Higher Amid Affordability Concerns

Builder confidence ticked slightly higher in March according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), though sentiment remains subdued as affordability concerns continue to weigh on the single-family market. The headline index rose one point to 38 ,