House Buyer Network™ News
U.S. Real Estate News - From MSN News
Real Estate Market
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Tax credits inject hope into Central Pa. real estate market - Central Penn Business Journal
Midstate real estate agents said they are confident the extension of the federal first-time homebuyer tax credit and the addition of a tax credit for homeowners looking to move will help resuscitate the region's housing market. Even though the last ... |
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Greenspoon Marder Reveals 'Secret Weapon' in Attack on Distressed Real ... - Yahoo Finance
FORT LAUDERDALE, Fla., Nov. 20 /PRNewswire/ -- The law firm of Greenspoon Marder, P.A. is taking an unconventional approach to an unusual real estate market. The firm recently hired a Director of Real Estate Services to capitalize on real estate ... |
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A blog about the economy and the Sacramento-area real estate market. - Sacramento Bee
California unemployment increased to 12.5 percent last month, but the state actually added jobs for the first time in more than a year. The U.S. Bureau of Labor Statistics said California payrolls grew by 25,700 in October, the first job growth the ... |
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China Real Estate Market Continues Rapid Growth - Nuwireinvestor.com
The recent explosion in Chinese real estate is raising expectation of a response from the nation's banking sector, specifically focusing in on debt purchases and leverage ratios. 2009 has seen sales volume in new and existing floor space sky-rocket ... |
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Bay Area Real Estate Market Approaches Return To Normalcy - Nuwireinvestor.com
Although trends in the Bay Area real estate market remain mixed, early signs of recovery emerged in October, when the nine-county region posted its first year-over-year gain in median home prices since 2007. Increased FHA loans, increased sales of ... |
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Renewals critical in real estate market - Memphis Business Journal
With increased vacancy rates and a general slowdown in commercial real estate, retaining tenants has taken on a higher profile in real estate deals. Overall industrial vacancy rose from 13.6% at year-end 2008 to 14.9% at mid-year 2009, according to a ... |
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Mid Atlantic Real Estate Marketing Association Elects 2010 Board Of ... - PRLog (free press release)
PRLog (Press Release) – Nov 20, 2009 – McLean, Virginia – The Mid Atlantic Real Estate Marketing Association has a new Board of Directors for 2010. The 2010 Board will bring over 200 years of leadership, management and experience to the ... |
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National Survey: Data on Home Buying Financing - The Business Insider
Source: October Trends in Existing Home Sales, a presentation from Campbell/Inside Mortgage Finance Monthly Survey on Real Estate Market Condit... |
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Rich people need FHA loans, too - Washington Examiner
So let me get this straight, the government created the housing market crash by insuring a lot of really expensive, little-to-no money down mortgages for people that couldn't afford them. Now that the real estate market is in the dumps, the ... |
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RV industry no longer running on empty - MSNBC
The wheels are slowly turning again for the RV industry here, the mainstay of this region’s economy. Sales are beginning to pick up again. RV makers are cautiously hiring back some of the workers they furloughed during the downturn. Jayco ... |
Housing Starts
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Why Were Housing Starts Down? - Green Faucet
Congratulations to Tim Geithner. I'm actually thrilled that he stuck it to Congressman Kevin Brady from Texas during his testimony on Capitol Hill yesterday . Of course Geithner is completely wrong in nearly everything he's done since taking office ... |
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Weekly Wrap - Briefing.com
The major indices kicked off the week on a strong note, with the S&P 500 hitting fresh highs for 2009. But selling pressure eventually emerged, resulting in a mixed finish. Overall it was a relatively slow week, with earnings season winding down and ... |
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Israel pushes ahead with housing starts - Toronto Star
JERUSALEM–An Israeli plan to build 900 new homes in a part of Jerusalem claimed by both Israel and the Palestinians has sparked new tensions with the United States. "I think that additional settlement building does not contribute to Israel's ... |
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U.S. Inflation On The Rise, Housing Starts Fall - Emii.com
On Wednesday the Department of Labor released October pricing data that found the Consumer Price Index was up 0.3% in the month after a 0.2% increase in September, reports Reuters . The gain outpaced analysts’ prediction of 0.2%. Core prices ... |
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Counseling helps people avoid foreclosure: study - MENAFN
Homeowners who receive counseling are 60% more likely to avoid foreclosure than those who don't get help, according to a report this week by the administrator of a foreclosure counseling program funded by Congress. The report by NeighborWorks America ... |
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Housing starts dive 10.6% in the U.S., 8.5% in the West - KFSM.com
New-home construction fell sharply last month, underscoring the fragility of the fledgling housing recovery. Housing starts unexpectedly fell 10.6% to a seasonally adjusted 529,000 annual rate in October compared with the prior month, the Commerce ... |
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US housing starts fall 10.6% in October - MENAFN
(MENAFN) U.S. Commerce Department said that construction of new homes unexpectedly plunged by 10.6 percent in October to a seasonally adjusted annual rate of 529,000. The figure in October, much lower than the 600,000 expected by economists, was also ... |
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Housing starts “unexpectedly” tumble - Hotair.com
There’s that word again — unexpectedly . The Washington Post reports on an economic indicator that went negative at the conclusion of a big government subsidy, something that a first-year econ student could have foreseen. But as always ... |
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Housing Starts Fall - Credit Union Times
In another sign that the economy hasn’t completely turned around, housing starts fell 10.6% in October, following two months of increases, according to a report issued today by the Commerce Department and the Department of Housing and Urban Affairs ... |
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Housing Starts Green Shoots Wither On Vine - HoweStreet.com
After optimists talked up rising housing starts for several months as green shoots, improving conditions, etc., reality came knocking in full force with the New Residential Construction Report For October 2009 . Privately-owned housing units ... |
Mortgage Rates
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Rates on 30-year mortgages remain below 5 percent - Builder Magazine
Rates on 30-year mortgages stayed below 5 percent this week but ... borrowers about $10 billion in monthly payments over the first 12 months of their new loan, said Frank Nothaft, Freddie Mac's chief economist. Freddie Mac collects mortgage rates on ... |
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AIG Bank Current Mortgage Rates - MonitorBankRates.com
AIG Bank is advertising some of the best mortgage rates available today. The current advertised rate for a 30 year mortgage is 4.625 percent, which is lower than the current National Average Mortgage Rate reported by Monitor Bank Rates of 4.91 ... |
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Mortgage Rates Bottom Out. Lock'em If You Got'em - MortgageNewsDaily.com
While benchmark interest rates continue to chop around in a contained range, mortgage-backed securities have moved sideways, failing to make much progress in either direction. Although we have experience a few moments of added volatility, tight ... |
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National Bank Financial Group Adjusts its Mortgage Rates - Earthtimes
MONTREAL, QUEBEC -- 11/20/09 -- National Bank Financial Group (TSX: NA) has adjusted its rates for residential mortgages. The new rates are effective as of November 23, 2009. TERM CURRENT RATE (%) NEW RATE (%) CHANGE |
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Business briefs: mortgage rates, markets, AOL - Contra Costa Times
Rates on 30-year mortgages remain below 5%: Rates on 30-year mortgages stayed below 5 percent this week but remained above the record set earlier this year, Freddie Mac said Thursday. The average rate for a 30-year fixed mortgage fell to 4.83 percent ... |
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Mortgage rates likely to rise soon - Winnipeg Free Press
TORONTO -- The Canadian housing market has seen a stronger and faster rebound from the recession than any other segment of the economy, due in large part to enticingly low mortgage rates. But rates this low -- 5.59 per cent for a five-year fixed-rate ... |
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Bankrate Inc. Will Help in Checking Mortgage Rates Online - Associated Content
The advent of the Internet has provided us with a lot of convenience. We could do almost any transaction online whether for personal, social or business purposes. One good example is that of checking mortgage rates online. We can use the Internet ... |
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Mortgage rates may rise - The Chronicle Herald
TORONTO (CP) — The Canadian housing market has seen a stronger and faster rebound from the recession than any other segment of the economy, due in large part to enticingly low mortgage rates. But rates this low — 5.59 per cent for a five-year ... |
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HOUSE PRICES AND MORTGAGE RATES TEMPT BUYERS - Daily Express
HOUSE price rises and record low interest rates tempted buyers to take out mortgages worth £13.5billion last month, new figures showed yesterday. The five per cent rise – up from £12.9billion in September – is in line with increases in October ... |
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30-year mortgage rates below 5% - Burlington County Times
Rates on 30-year mortgages stayed below 5 percent this week but remained above the record set earlier this year, Freddie Mac said Thursday. The average rate for a 30-year fixed mortgage fell to 4.83 percent, down from 4.91 percent last week, the ... |
Foreclosures
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People with good credit facing foreclosure - Philadelphia Daily News
WASHINGTON - The foreclosure crisis likely will persist well into next year as high unemployment pushes more people out of homes, pulls down housing prices and raises concerns about the broader economic recovery. The latest evidence was a report ... |
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Foreclosures hitting more people with prime loans - Austin American-Statesman
WASHINGTON — A rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure, a mortgage industry group reported Thursday, adding to concerns that the number of defaults may grow through next year with ... |
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Bay State foreclosures continue to rise - Enterprise
Quincy had 19 foreclosure petitions, a 5 percent decrease, and eight foreclosure deeds, up from five the previous year. Randolph had 17 petitions, a 21 percent increase, but only four foreclosure deeds, compared with seven in October 2008. |
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Nearly seven percent of state's home loans delinquent - Post-Bulletin
MINNEAPOLIS -- A record number of Minnesota homeowners are behind on their mortgages. And economists expect the rate of delinquencies won't improve until more people return to work. The Mortgage Bankers Association says about 7 percent of nearly 900 ... |
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Delinquent mortgage payments hit record - Reading Eagle
The Mortgage Bankers Association's report Thursday adds to fears that the housing market and broader recovery could be thwarted by the continuing surge in home loan defaults, especially as the unemployment rate keeps rising. Lost jobs, rather than ... |
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New jobless benefit claims unchanged at 505K - Post-Tribune
WASHINGTON (AP) — The number of newly laid-off workers seeking unemployment insurance was unchanged last week, remaining above the level that would indicate the economy is adding jobs. Still, new claims — which are considered a gauge of the pace ... |
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D.R. Horton sees 26 perecent spike in 4Q orders - San Francisco Chronicle
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares ... |
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New Jersey's distressed mortgages continue to grow, report says - NJBIZ
The percentage of New Jersey residential mortgages in some stage of foreclosure or delinquency is continuing to rise, hitting nearly 14.5 percent during the third quarter, according to a new survey released by the Mortgage Bankers Association on ... |
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No U.S. housing recovery until 2010, at earliest - canada.com
A recovery in U.S. housing will have to wait at least until next year. The outlook for the home market dimmed this week as residential construction and mortgage applications fell and loan delinquencies reached a record. “I don’t think the housing ... |
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Zacks Analyst Blog Highlights: Bank of America, MGIC, Fannie Mae ... - Stockhouse
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Bank of ... |
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