TrendSource Trending Blog

We’ve been busy this year, blogging and blogging about compliance management, OnSite Inspections, and the TrendSource difference. It’s a lot to keep up with, we know. So, as we officially cross the halfway point for 2021, we decided to offer you, dear reader, a roundup of sorts and give you the chance to catch up. 

Three separate indices charting housing prices across the country came out last week and all of them point in the same direction: Up. Great news for homeowners, insanely frustrating for would-be buyers!

The Consumer Financial Protection Bureau (CFPB), the government agency charged with safeguarding consumers’ rights in the financial sector, has proposed new restrictions on foreclosures. The restrictions—which, to be clear, have yet to be agreed upon and put into place—would prevent foreclosures from commencing through the rest of 2021.

Let’s talk about the housing market for a minute--it’s a seller’s world out there right now. Said simply, there are more buyers than there are homes for sale. Some of this is merely a continuation of a trend we’ve been on since the last recession: With low interest rates and a rebounding economy propelling a new generation towards home ownership, there simply aren’t enough houses on the market. 

TrendSource OnSite Inspections offers a wide range of Property Condition Reports to assist lending institutions evaluate properties when considering an application for refinance. Ok, but what does all of that mean? What are Property Condition Reports? Who needs them, when, and why? TrendSource OnSite Inspections has answers…