Housing Improvement Tied to Hispanic Surge

Housing Improvement Tied to Hispanic Surge Daily Real Estate News | Friday, August 24, 2012 Hispanics have made positive gains in the housing market over the last year despite a sluggish economy, slow employment growth, and the ongoing credit crunch. The latest U.S. Census figures for June show year-over-year Hispanic homeownership rose by 7.3 percent…

Details

Buyer Demand Grows for New Homes

Buyer Demand Grows for New Homes Daily Real Estate News | Friday, August 24, 2012 While sales of newly built single-family homes is on the rise, buyers are finding fewer choices as inventory sinks to a new record low, the Commerce Department reported Thursday. New-home sales rose 3.6 percent in July to 372,000-unit annual rate…

Details

Fannie: Housing Shows Signs of ‘Durable, Long-Term Recovery’

Fannie: Housing Shows Signs of ‘Durable, Long-Term Recovery’ Daily Real Estate News | Wednesday, August 22, 2012 Economic activity slowed in the first half of 2012, but housing is one bright spot, according to Fannie Mae’s August 2012 Economic Outlook. Home sales are projected to be 9 percent above year ago levels, and home prices…

Details

Buyers Want a Bargain? Here’s Their Chance!

Buyers Want a Bargain? Here’s Their Chance! Daily Real Estate News | Tuesday, August 21, 2012 For home buyers who are looking for a chance to buy low, they may not want to drag their feet too much longer. “Home prices have probably bottomed in most markets,” David Crowe, chief economist at the National Association…

Details

Survey Reveals Success of REALTORS vs. FSBOs

Survey Reveals Success of REALTORS® vs. FSBOs Daily Real Estate News | Monday, August 20, 2012 Home sellers are more than twice as likely to get their homes sold if they use a REALTOR®, rather than trying to sell their home on their own, according to a new survey conducted by HomeGain of 400 home…

Details

Are Mortgage Lenders More Willing to Lend?

Are Mortgage Lenders More Willing to Lend? Daily Real Estate News | Monday, August 13, 2012 Mortgage originations soared more than 48 percent in the second quarter compared to a year ago, Mortgage Daily reports. Mortgage originations were up 4.6 percent in the second quarter over the first quarter. More than half of all mortgage…

Details