Real Estate Investing

April 5, 2012

Economists Say High Gas Prices Triggered Housing Crisis

A new study by economists at the University of California, Berkeley, and Oregon State University suggests that the U.S. housing crisis that started in 2007 and eventually led to a worldwide financial crisis was triggered by rapidly rising gas prices.

Economic bubbles have a long history - from …

View More
April 3, 2012

Canada's housing bubble exists, and it's stretched thin.

Housingwire.com has an article about the hot housing market in Canada titled "Canada's housing bubble exists, and it's stretched thin."

In this article, it says that the hot housing market in Canada seems all too familiar. More mortgages without down payments, rising home costs without matching rises in income, and …

View More
March 29, 2012

Getting Ready for Summer Renovations?

Are you tired of your home's layout? Bored with its inadequate lighting or outdated fixtures or, simply in need of a little change? Many homeowners across the country are gearing up for their summer renovations; whether you’re just reaching out to builders, finalizing plans, finessing details or stocking away pennies …

View More
March 27, 2012

Federal Housing Finance Agency Reports Mortgage Interest Rates

Federal Housing Finance Agency (FHFA) recently reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.08 percent based on loans closed in February.

Beginning this month, FHFA is calculating interest rates …

View More
March 26, 2012

House Price Index Unchanged in January, Says FHFA

U.S. house prices were unchanged on a seasonally adjusted basis from December to January, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.7 percent increase in December was revised downward to reflect a 0.1 percent increase. For the 12 months ending in January, U.S. …

View More
March 26, 2012

Spring Looks Bright: Pending Home Sales Solidly Higher Than Last Year

Pending home sales were down slightly in February but remain notably above the pattern in the first half of last year, according to the National Association of REALTORS®.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, eased 0.5 percent to 96.5 in February from 97.0 …

View More
March 23, 2012

Tightest Housing Markets in the U.S.

A simple measure of tightness in a market for owner-occupied housing is the homeowner vacancy rate (number of homes for sale divided by the number either for sale or owner-occupied). Builders are often interested in markets that are tight by this measure, because it indicates prospective buyers will have difficulty …

View More
March 23, 2012

FTC Legal Action Stops Alleged Mortgage Relief Scammers

At the request of the Federal Trade Commission, a U.S. district court has halted an operation that took in more than $1 million by allegedly selling homeowners bogus mortgage relief and foreclosure rescue products, including a scam that falsely promised to get help for homeowners who joined others to file …

View More
March 21, 2012

Increase Your Resale Value: 3 Foolproof Ways

Continuing uncertainty in the real estate market has homeowners asking a major question as the market warms this spring—is it smarter to move or to improve? Cost is the driving factor behind home improvement projects again this year, and it's important to choose projects that will provide the biggest return …

View More
March 20, 2012

$73.8 Million Awarded to Help Nearly 190,000 Homeowners

NeighborWorks America, an organization designed to increase access to homeownership and safe and affordable rental housing, has announced that $73,870,078 has been awarded to 32 state housing finance agencies (HFAs), 18 HUD-approved housing counseling intermediaries, and 86 community-based NeighborWorks organizations to provide counseling to families and individuals facing the threat …

View More