6/23/2009 10:20:00 AM
Existing-Home Sale Continue to Rise
NAR: Existing-Home Sale Continue to Rise Sales of existing homes showed another gain in May, benefiting from favorable affordability conditions and a first-time buyer tax credit, according to the NATIONAL ASSOCIATION OF REALTORS ® . May’s increase ...
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6/18/2009 7:12:00 AM
Foreclosures Drive Prices Down
Foreclosures Drive Prices Down Foreclosures drive down the value of neighboring homes an average of $7,200 per home with the total loss in property values totaling $500 billion, says a recent report from the Center for Responsible Lending, a consumer advocacy ...
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6/18/2009 7:10:00 AM
Analysts Mixed on Housing Recovery
Analysts Mixed on Housing Recovery Although several economic indicators suggest improving conditions, some analysts are looking at the housing market’s prospects skeptically. "I'm not saying that home building is still headed straight down like ...
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6/18/2009 7:07:00 AM
How to Woo First-Time Buyers
How to Woo First-Time Buyers First-time home buyers can be tough to catch because they are wary of overpaying and skeptical about buying homes in need of improvement. A survey for Coldwell Banker last year found that 81 percent of first-time buyers said move-in ...
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6/2/2009 7:06:00 PM
Should Home Buyers Lock in Rates?
Should Home Buyers Lock in Rates? Should home buyers apply for loan lock-in rates that are at their highest level since February? Or should they bet that the federal government will find a way to lower rates? Money magazine staffers say the wildcard is Federal ...
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5/28/2009 11:41:00 AM
Existing-Home Sales Jump
Existing-Home Sales Jump Existing-home sales rose in April with strong buyer activity in lower price ranges, according to the NATIONAL ASSOCIATION OF REALTORS®. Existing-home sales — including single-family, townhomes, condominiums and co-ops — ...
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5/28/2009 11:38:00 AM
Forecasters Say Recession Nearing End
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5/16/2009 9:10:00 AM
$8,000 tax credit as a downpayment.
HUD Secretary Announces Monetization of Tax Credit at NAR Real Estate Summit WASHINGTON, May 12, 2009 Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders ...
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5/16/2009 9:06:00 AM
Homes May Be Undervalued Today
After dropping for two years , home prices appear to be bottoming out, and any further declines would be an overcorrection, NAR Chief Economist Lawrence Yun told thousands of practitioners at the REALTORS® Midyear Legislative Meetings in Washington, D.C., ...
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5/8/2009 9:30:00 AM
Bernanke Cites Improving Housing Data
Federal Reserve Chairman Ben Bernanke said Tuesday that the economy appeared to be stabilizing, but warned that a real recovery is still months away. “We continue to expect economic activity to bottom out, then to turn up later this year,” Bernanke ...
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