All Blog Posts Tagged 'markets' (8)

 

Homeowners did not need short sale help a few years ago when home prices were skyrocketing.

However today, they have become something of much study, practice and experimentation, in the current upsurge of mortgage delinquencies. Many homeowners today therefore are in a state of confusion as to whether to start the short sale process as a solution to a pending foreclosure, this website and this article short…

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MARKET COMMENT Mortgage bond prices ended lower last week, which pushed mortgage interest rates slightly higher. The producer price index and core rate both came in lower than expected and helped rates improve earlier in the week. Unfortunately, retail sales beat expectations which countered the PPI data. Poor auctions in France and Spain fanned the Euro debt concerns which helped rates a bit. However, housing starts showed a surprise increase and weekly jobless claims were…

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MARKET COMMENT Mortgage bond prices ended higher last week, which pushed mortgage interest rates lower. The financial markets remained extremely volatile. Most of the rate improvements came early in the week following Japan’s intervention to weaken the yen and Greek Prime Minister Papandreou’s indication that budget cuts would be put to a public vote. Unfortunately some of those rate improvements were erased when Papandreou retreated on the vote and the European Central Bank…

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Which housing markets are “most searched” at Realtor.com? Here are Realtor.com’s search rankings from August. 

 

1. Chicago
2. Las Vegas
3. Detroit
4. Los Angeles-Long Beach, Calif.
5. Atlanta…

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Which markets are offering the most favorable conditions for real estate professionals? Inman News recently analyzed total sales, median sales price, real estate licensee data, and REALTOR® membership counts in metro areas across the country for its latest report,"Top Markets for Real Estate Agents." 

The report shows that not all real estate professionals are seeing shrinking sales and incomes. Seven out of the 10 markets on the list had median sales prices rise year-over-year in May…

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No matter the state of the housing market, there are real estate professionals doing business. Despite gloomy housing and economic news at the national level, real estate agents and brokers in some markets are seeing a high dollar volume in home sales due to rising prices and relatively vibrant local economies.

Inman News examined total sales, median sales price, real estate licensee data and Realtor membership counts in dozens of metro areas across the country to develop a list of 10…

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Housing affordability continued to be near record highs in the second quarter, hovering near its highest level in the 20-plus years it has been recorded, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index.

About 72 percent of all new and existing-homes sold in the second quarter of the year were affordable to families earning the national median income of $64,200, according to the index. The record high remains 74.6 percent, which was reached…

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MARKET COMMENT   Mortgage bond prices rose last week, which helped mortgage interest rates improve. Rates started off on a good note Monday as European debt worries reignited. Italy made headlines as the next country mired in debt concerns. The Treasury auctions showed decent foreign demand. The financial markets experienced some volatility mid week following comments by Fed Chairman Bernanke, which indicated additional stimulus might be needed to boost the economy. We saw some… Continue