1/19/2010 12:31:00 PM
Breaking News
Breaking News HUD TAKES ACTION TO SPEED RESALE OF FORECLOSURES With certain exceptions, FHA currently prohibits insuring a mortgage on a home owned by the seller for less than 90 days. This temporary waiver will give FHA borrowers access to a broader array ...
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1/19/2010 12:26:00 PM
Housing Market Update 1-18-2010
>> Market Update INFO THAT HITS US WHERE WE LIVE Our hearts go out to the people of Haiti recovering from the terrible tragedy of last Tuesday's earthquake. We know everyone's thoughts are with the Haitians. It has been inspiring to see the American ...
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12/16/2009 2:44:00 PM
Housing Market for Week of December 13, 2009
Market Update INFO THAT HITS US WHERE WE LIVE Last week gave us more proof the country's housing market is heating up. According to Freddie Mac's quarterly national Conventional Home Price Index (CMHPI), home prices were UP 0.9% in Q3 for their second ...
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12/7/2009 8:46:00 AM
Housing Market for Week of December 7, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE Positive economic reports on housing continue, with October Pending Home Sales UP 3.7%. This was the ninth month in a row Pending Home Sales rose and the index is now 31.8% over October last year. Since ...
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11/16/2009 11:07:00 AM
Housing Market - Week of November 16, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE Thursday the Wall Street Journal reported Q3 home sales at an annual rate of 5.3 million units. That was an 11.4% gain over Q2's 4.76 million units. Experts put much of the rising sales to the tax ...
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11/3/2009 11:02:00 AM
Housing Market for the Week of November 1, 2009.
>> Market Update INFO THAT HITS US WHERE WE LIVE Last week September New Home Sales were reported down 3.6% for single-family units. But the supply of unsold new homes is just 7.5 months and inventories, at 251,000, are down 56.1% from their mid-2006 ...
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10/26/2009 10:08:00 AM
Housing Market for Week of October 26, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE The week ended with the terrific news that Existing Home Sales shot UP 9.4% in September to a 5.57 million annual rate. This was almost twice the increase the consensus expected and a nice boost coming ...
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10/19/2009 9:35:00 AM
Housing Market for Week of October 19, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE For the third week in a row, rates on 30-year fixed-rate mortgages remained below 5% in Freddie Mac's Primary Mortgage Market Survey. The average for conforming mortgages was 4.92% with an average ...
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10/12/2009 1:03:00 PM
Housing Market Week of October 12, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE At the end of September, the supply of homes for sale was reported down 1.8% from the previous month in 27 major metropolitan areas. We all know the factors. Home prices are very affordable, mortgage rates ...
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10/5/2009 12:21:00 PM
Housing Market Week of October 5, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE Another good week for the housing market. The S&P/Case Shiller home price index was up for the third month in a row and the rate of annual decline fell for the sixth month in a row! Price increases ...
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