Monthly archive for May 2016

All Gave Some. Some Gave All.

Thank You.

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U.S. Foreclosure Inventory Declines in March

home foreclosed

The national foreclosure inventory dropped 23.2 percent in March from a year ago, indicating a thinning out of distressed homes in the U.S. housing market. According to CoreLogic’s March 2016 National Foreclosure Report, completed foreclosures declined by 14.9 percent compared with March 2015. The number of completed foreclosures nationwide decreased year over year from 42,000 in March 2015 to 36,000 in March 2016, representing an impressive 69.7 percent drop from the peak of 117,782 in Spetember 2010.

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Builder Confidence in 55+ Housing Remains Positive in 1st Quarter of 2016

happy senior citizens

While millennials may be the largest group of home buyers in today’s real estate market, the 55 and older crowd aren’t shying away from home purchases, either. According to a report from the National Association of Home Builders (NAHB), builder confidence in the single-family 55+ housing market remained in positive territory for the first quarter of 2016. This data is gathered from the results of the NAHB’s 55+ Housing Market Index (HMI), which was released May 5. Even with a slight dip from the previous quarter, the first quarter of 2016 marks the eighth consecutive quarter with an HMI reading

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The various mortgage brands run by Mid America Mortgage, Inc.

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Company Headquarters:
Mid America Mortgage, Inc.
15301 Spectrum Drive, Suite 405
Addison, TX 75001
Phone: 214-261-3300
Toll Free: 866-544-7013
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Wholesale Division
550 Warrenville Rd
Lisle, IL 60532
Phone: 630-796-6092
Toll Free: 855-528-4572

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