Beige Book Cites Real Estate as Bright Spot

Beige Book Cites Real Estate as Bright Spot Daily Real Estate News | Thursday, October 11, 2012 Ten of 12 districts posted modest economic growth from August to early September, and real estate continues to be cited as a bright spot in the recovery, according to the Federal Reserve’s latest Beige Book. A still sluggish…

Details

Survey: Americans More Upbeat About Housing

Survey: Americans More Upbeat About Housing Daily Real Estate News | Wednesday, October 10, 2012 Americans continue to get more optimistic about the direction of the housing market, according to Fannie Mae’s September National Housing Survey of 1,000 Americans. In fact, Americans’ views on the direction of housing prices has remained positive for 11 consecutive…

Details

Mortgage Rates Reach New Record

Mortgage Rates Reach New Record Daily Real Estate News | Friday, October 05, 2012 Fixed-rate mortgages set new all-time lows for the second consecutive week, Freddie Mac reports in its weekly mortgage market survey. “Fixed mortgage rates fell again this week to all-time record lows due to the mortgage securities purchases by the Federal Reserve…

Details

Falling Foreclosures Mark Big Step in Recovery

Falling Foreclosures Mark Big Step in Recovery Daily Real Estate News | Friday, October 05, 2012 Foreclosures continue to show signs of dropping across the country. In August, there were 57,000 foreclosures completed nationwide, down from 75,000 one year ago, according to CoreLogic’s National Foreclosure Report for that month . As of August, about 1.3…

Details

Economists More Upbeat About Housing Recovery

Economists More Upbeat About Housing Recovery Daily Real Estate News | Wednesday, October 03, 2012 The majority of economists surveyed by CNNMoney say the nation’s housing market is finally showing solid signs of a turnaround. Nine out of 14 economists surveyed say that prices have already started to — or will — rise this year.…

Details

CoreLogic: Home Prices Rise at Accelerated Levels

CoreLogic: Home Prices Rise at Accelerated Levels Daily Real Estate News | Wednesday, October 03, 2012 Home prices rose in August by their largest amount since July 2006, CoreLogic reports in its August Home Price Index, which includes distressed sales. Home prices increased 4.6 percent year-over-year in August. This marks the sixth consecutive increase in…

Details