Weichert NEWS ALERT

 ACCORDING TO JIM WEICHERT, HOMEBUYERS SHOULD TAKE ADVANTAGE OF RECORD HOUSING AFFORDABILITY – Homes Reach Most Affordable Level in 42 Years – MORRIS PLAINS, N.J., April 17, 2012 — You’ve likely heard it before: Low interest rates and attractive home prices make it a good time to purchase a home. What you may not know…

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New-Homebuilding Permits Soar to 2008 Levels

New-Home Building Permits Soar to 2008 Levels Daily Real Estate News | Tuesday, April 17, 2012 Permits for new-home building — a gauge of future demand — reached its highest level last month since September 2008, the Commerce Department reported Tuesday. New housing permits rose 4.5 percent in March, reaching an annualized level of 747,000.…

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Foreclosures Recede to 2007 Levels

Foreclosures Recede to 2007 Levels Daily Real Estate News | Thursday, April 12, 2012 Foreclosure filings are continuing to fall, dropping 2 percent in the first quarter of this year compared to the previous quarter and are down 16 percent compared to the same time last year, RealtyTrac reports in its latest report. Foreclosure filings…

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Buyer Urgency Improves, More See Now Good Time to Buy

Buyer Urgency Improves, More See Now Good Time to Buy Daily Real Estate News | Wednesday, April 11, 2012 More home buyers may jump off the sidelines this spring as they get more urgent about purchasing a home, fearing that home price and mortgage rate increases are on the horizon. Housing surveys in recent weeks…

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