Current Market Conditions
|
|
Current Market Conditions
Existing-Home Sales Ease Due to Mortgage Restrictions; Some Markets Rising
Existing-home sales slowed in April, partly because restrictive lending practices hampered home buyers. At the same time, a greater number of areas are showing sales gains from a year ago and a recent reversal in mortgage policy means the market is better positioned for a turnaround, according to the National Association of Realtors®.
Current Market Conditions
How can Lenders keep Homes off the Market
Government programs and lower interest rates are a small part of the answer. In our system where a deal is a deal, its only the lenders that can make the difference by changing the terms of the arrangement.
Current Market Conditions
The House Passes a Program: How it Helps the High End
The deal that the house passed would allow Fannie Mae and Freddie Mac
to increase the limit on the mortgages they could buy from the present
$417,000 to $625,000.
Current Market Conditions
How to Save the World: Use Foreclosed Homes to Create Affordable Housing
We will have so much foreclosed homes shuttered and siting on the market becoming a social blight and a danger to the neighbors. Here is an excellent way to use this excess housing stock that is not a give-away or a subsidy
Current Market Conditions
Will Boomers Tank the Real Estate Market?
Their thesis essentially is that as the nation ages the
owners of property sell to use their equity. Historically, there is evidence
that seniors sell between 55 and 75. The first boomers will be reaching this
apex at or around 2011
Current Market Conditions
Home Equity Declined..No Longer Able to get a HELO
Many areas of the country can be designated risky markets using zip
codes to outline declining home values. If your home equity HELO was
based on a home whose value is no longer what it was, you may find
yourself reading a letter that goes something like this.....
Current Market Conditions
Shiller Believes Home Prices to Continue to Drop
Yale economist Robert Shiller believes that housing prices will slip below the historic drop during the great depression. The average home for sale dropped 30% during the depression and we have already seen a 15% decline beginning in 2008.
Current Market Conditions
Freddie Mac Weekly Mortgage Commentary
McLean, VA Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 6.47 percent with an average 0.7 point for the week ending August 21, 2008, down from last week when it averaged 6.52 percent. Last year at this time, the 30-year FRM averaged 6.52 percent.
Current Market Conditions
Tracking Home Prices: Quarterly. Monthly and Now Daily Indexes
Keeping a good eye on home prices is what will make a smart buyer or seller. The most common tracking web sites were issuing quarterly and monthly. Now, there is an index that is giving us daily composite numbers.
Current Market Conditions
Home Sales Tactics You Need to Know
Redfin, the Seattle startup that has introduced a new business model
for selling homes, has completed an interesting study based on their
own stats and some well known studies.
Current Market Conditions
How to Arrive at a Fair Price for Rental Property
A very interesting study was made public in December of 2007 by two Fed Governors and a professor of Economics and a logical way to determine price. In these days of "whats it really worth" this is a good view.
Current Market Conditions
Predatory Lending: Some Astounding Numbers
Sub prime Loans were intended to allow borrowers with weak credit
records the benefits of owning a home. However, you always have to look
out for predatory business practices.
Current Market Conditions
May Existing Home Sales Show Market is Under Performing
After rising for three consecutive months, total existing home sales including single family, town homes,condominiums and co ops fell 8.4 percent to a seasonally adjusted annual rate1 of 6.12 million units in March from a pace of 6.68 million in February, and are 11.3 percent below the 6.90 million-unit level in March 2006.
Current Market Conditions
Updates: FHASecure and Refinance Programs for Foreclosure Help
The foreclosure rates are so high that this is beginning to look like the S&l crises. The Government responds with new laws to modernize the FHA and new information and guidance programs designed to help people stay in their homes.
Current Market Conditions
Home Prices Expected to Recover in 2008 As Inventories Decline
WASHINGTON, July 11, 2007
Home prices are expected to recover in 2008 with existing-home sales
picking up late this year and new-home sales rising early next year,
according to the latest forecast by the National Association of
Realtors®.
Current Market Conditions
Why Multi Family is so Strong
We are all aware of the disaster developing as a result of the real estate correction. Its not only painful for the foreclosed and the speculators. Many of these recent buyers were just looking at their piece of the American pie. They never really thought of themselves as speculators or risk takers, just grabbing an opportunity and trying to get in under the wire.
Current Market Conditions
Apartment Markets Remain Strong According to NMHC Quarterly
WASHINGTON, DC Consumer demand for apartments grew for the 15th consecutive quarter according to the National Multi Housing Council’s (NMHC) April 2007 Quarterly Survey of Apartment Market Conditions. The sector’s strong conditions continue to attract equity investors with the availability of equity capital for apartments also rising for the 15th consecutive quarter.
Current Market Conditions
Apartment Market Conditions Remain Positive
WASHINGTON, DC February 5, 2007 Conditions in the apartment market remain solidly positive on most facets, according to the National Multi Housing Council’s (NMHC) January 2007 Quarterly Survey of Apartment Market Conditions. Conditions remain favorable for the apartment industry across the board said Mark Obrinsky NMHC’s Chief Economist.
Current Market Conditions
Home Owners Are Less Protected Than Ever Before
Lets face it...the weather has changed and its not just heat waves,
droughts and crop failures we face. Property owners in all parts of the
country that face new and more severe weather patterns that can
endanger life and property are facing bleak choices when trying to find
coverage.
<< prev
next >>
|
|
|
 |
|
