Investors Indulge in Bulk Buying as Home Prices Drop Further
March 2, 2012
in This Week in Real Estate Tagged first-time buyer, home prices, home sales, house prices, housing market, investing, real estate market, real estate news, student loanHome Prices Plummet Just when everyone thought that the worst was over, some dreary news. Home prices hit their lowest level in December since the advent of the housing crisis, according to the Standard & Poor’s/Case Shiller Index of 20 American cities. Prices fell 1.1 percent when compared to November, and 4 percent when compared […]
Investors and Rentals Continue to Rule the Housing Market
February 24, 2012
in This Week in Real Estate Tagged home prices, home sales, housing market, investing, investment, real estate market, real estate news, rental property, rentingLooking to Invest? Consider the South If you’re thinking about investing in the housing market, your destination should be Atlanta, Phoenix or Miami. And not just because of the nicer weather. That’s where the most attractive assets are, says Marc Faber, editor of Gloom Boom & Doom report. Faber told CNBC that the Southern markets […]
More Good News for Housing Market, but Foreclosures Loom on Horizon
February 17, 2012
in This Week in Real Estate Tagged foreclosure, home builders, home prices, home sales, housing market, housing starts, mortgage rates, real estate marketHome Builders Continue to be Optimistic Will Spring bring a new lease of life for the housing market? Home builders seem to think so. They are hopeful home sales will pick up with the warmer weather, ushering in good news for the market and the economy. For the fifth straight month, builder sentiment in February […]
Is Real Estate Recovery Right Around the Corner?
February 10, 2012
in This Week in Real Estate Tagged foreclosure, home builders, home building, homeowners, housing market, real estate market, recovery55+ Consumers Boosting Builder Confidence A new index by the National Association of Home Builders show there’s optimism in the market for single family homes targeting the 55+ consumer. The measure takes into account builder sentiment based on current sales, prospective traffic and anticipated sales for six months. Builder confidence in the segment increased four […]
Strict Lending Standards & Foreclosures Taking Their Toll
February 3, 2012
in Home Foreclosures, Mortgage Interest Rates, This Week in Real Estate Tagged foreclosure, home building, home sales, housing market, lending, mortgage rates, new home construction, real estate market, real estate newsNew Home Orders Rise Looks like the market for new homes is on the mend. Orders for new homes increased in the quarter ended December, bringing a much needed cheer to the home building industry.The news has made the chief executives for some of the nation’s biggest home building companies cautiously optimistic about a market […]
Weighing American Home Prices and the Top 5 Housing Markets
January 27, 2012
in This Week in Real Estate Tagged california, home prices, housing market, ohio, pennsylvania, real estate market, real estate news, texasContracts on Pending Homes Declined in December Looks like Santa wasn’t very generous toward the housing market. Sales agreement on existing homes took a sharper hit than expected in December. This, after those numbers touched a 19 month high in the previous month. According to the National Association of Realtor’s index, pending home sales fell […]
Foreclosures Have Dropped, but Housing Market Remains Frail
January 13, 2012
in This Week in Real Estate Tagged foreclosure, housing market, real estate market, recoveryForeclosures Touch Lowest Level According to a new report, foreclosures plummeted 34 percent in 2011 and reached the lowest mark since the recession began. Though that’s good news, the numbers are still daunting. RealtyTrac Inc., said about 1.9 million homes began their journey on the foreclosure process last year. That number could also be misleading […]
5 Cities Buck Real Estate Trends While Housing Market Still Struggles
January 6, 2012
in This Week in Real Estate Tagged fannie mae, florida, freddie mac, home financing, housing market, investment, louisiana, real estate market, texas, washington dcThe Debate Over Fannie and Freddie Does the answer to falling home prices and rising foreclosures lie in empowering Fannie Mae and Freddie Mac? That’s what the Federal Reserve thinks. The Fed told Congress this week that part of the remedy for the long ailing housing market could be in allowing the mortgage Goliaths to […]
New Signs of Life in the Housing Market
December 9, 2011
in This Week in Real Estate Tagged florida, home values, housing market, mortgage rates, real estate market, real estate news, recoveryHousing Market may Have a Better Year Ahead Would the new year ring in some much-needed cheer for the housing market? Probably, says CBSNews.com. There are some signs of a turnaround in the horizon, despite the challenges. So, what are some of the telling signs of a better future? CBS says the official unemployment rate […]