Sales of newly built, single-family homes rose 5.7 percent to a seasonally adjusted annual rate of 389,000 units in September, according to newly released figures from HUD and the U.S. Census Bureau. This is the fastest sales pace recorded since April of 2010.
“Combined with consistent, positive reports on …
So many real estate professionals today are wondering, “How can I stay positive in today's market?” Like any discriminating real estate professional, you realize the value of a positive mental attitude. Here are 8 ways that you can create and maintain a positive mental attitude in today's market.
1. …
Freddie Mac recently released its U.S. Economic and Housing Market Outlook for October showing the expansion of the Federal Reserve's Maturity Extension Program is sparking a further pick-up in housing activity. Therefore, Freddie Mac is revisiting its economic and housing market projections for the remainder of this year and for …
According to the Mortgage Bankers Association (MBA), the seasonally adjusted total mortgage applications index, a measure of mortgage demand, declined by 4.2 percent in the week ending on October 12, 2012.
The reported decline in the weekly total mortgage applications index reflected a 5.3 percent decrease in MBA’s total …
Nationwide production and permitting of new homes rose sharply in September to their highest levels in more than four years, according to newly released figures from HUD and the U.S. Census Bureau. A 15 percent gain brought the pace of new housing construction to a seasonally adjusted annual rate of …
Sparked by rising home prices across much of the nation, the housing recovery is now under way, but fiscal uncertainties and other challenges could result in a bumpy ride in the coming months, according to economists participating in yesterday’s National Association of Home Builders (NAHB) webinar on the construction and …
The question plaguing every tenant who wants a home of their own is whether they should continue to rent or is it the right time to buy?
The combination of good prices and low mortgage rates make it considerably cheaper to own than rent in most markets. Assuming …
"Big U.S. banks are hiring mortgage bankers to meet a surge in demand for home loans and refinancings, but they are still struggling to process applications, which could undermine the Federal Reserve's attempts to stimulate the economy."
Perhaps banks are still wary of what they have gone through …
Signaling growing confidence in housing, new home equity revolving lines of credit totaled more than $44 billion year-to-date through July 2012, a three-year high — according to Equifax's October National Consumer Credit Trends Report. Revolving home equity credit experienced a 9 percent increase from the recession low for …
A: Plan ahead. Since your home will become a worksite once the remodeling begins, inconveniences will arise that can be minimized with a little planning. Begin by having a frank discussion with the contractor to set guidelines and develop a clear understanding upfront about the various project stages and the …