Have Home Prices Finally Reached Bottom?

Have Home Prices Finally Reached Bottom? Daily Real Estate News | Friday, March 23, 2012 “Prices are bottoming now,” according to a Bank of America Merrill Lynch forecast, released this week. In the fall, the analysts had predicted home prices would drop by 8 percent from the second quarter of 2011 through the first quarter…

Details

Buying is Cheaper Than Renting in Nearly All Major Cities

Buying is Cheaper Than Renting in Nearly All Major Cities Daily Real Estate News | Thursday, March 22, 2012 Home buying is the smarter choice than renting, according to Trulia’s Winter 2012 Rent vs. Buy Index. Buying a home is more affordable than renting in 98 of the nation’s 100 largest metro areas, according to…

Details

Housing Market Reaches Turning Point, Economists Say

Housing Market Reaches Turning Point, Economists Say Daily Real Estate News | Tuesday, March 20, 2012 Economists say the housing market is starting to heal, but too many people aren’t aware of it because they’re judging a housing recovery on the wrong sign: What’s happening with home prices. Paul Dales at Capital Economics says higher…

Details

Weichert, Realtors – Pikes Peak Group Agents Receive National Awards

WEICHERT, REALTORS® – Pikes Peak Group 411 South Tejon Street Colorado Springs, Colorado 80903 IMMEDIATE RELEASE                               Press contact: Marty Morgan                                                                                                                 (818) 997-6612; prplus@earthlink.net weichert, realtors® – PIKES PEAK GROUP AGENTS RECEIVE NATIONAL awards Colorado Springs, Colo., March 19, 2012—Year-end awards were presented to agents from WEICHERT, REALTORS® – Pikes Peak Group by Martin J.…

Details

30-Year Rates Stay Below 4%, Affordability High

30-Year Rates Stay Below 4%, Affordability High Daily Real Estate News | Friday, March 16, 2012 Mortgage rates are staying low by historical standards, despite inching slightly higher this week following a positive job report and increasing bond yields, Freddie Mac reports in its weekly mortgage market survey. “An upbeat employment report for February caused…

Details

Survey: Americans Upbeat About Home Values

Survey: Americans Upbeat About Home Values Daily Real Estate News | Friday, March 16, 2012 Seventy percent of Americans say they are confident that property values will rise within the next two years, according to the Prudential Real Estate Outlook Survey of more than 1,000 Americans in the market to buy or sell a home.…

Details

Ban on Private Transfer Fee a Big Win for Buyers

Ban on Private Transfer Fee a Big Win for Buyers Daily Real Estate News | Friday, March 16, 2012 Efforts by NAR and others to curtail private transfer fees got a big boost yesterday with publication of a final rule by the Federal Housing Finance Agency (FHFA) prohibiting the fees on mortgages handled by Fannie…

Details