Short Sales Get Shorter: New Deadlines to go into Effect

Short Sales Get Shorter: New Deadlines to go into Effect Daily Real Estate News | Thursday, March 15, 2012 As part of a settlement with state attorneys general, the five largest mortgage servicers are adopting new requirements for short sales, which is expected to speed-up what has been known as a lengthy process. Here are…

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Seniors, Young Adults Will Influence Housing

Seniors, Young Adults Will Influence Housing Daily Real Estate News | Tuesday, March 13, 2012 Aging Baby Boomers and their “Echo Boomer” children will significantly impact trends in the nation’s housing market over the next 20 years. In a new report released by the Bipartisan Policy Center, “Demographic Challenges and Opportunities for U.S. Housing Markets,”…

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Builders Off to Early Spring Selling Season

Builders Off to Early Spring Selling Season Daily Real Estate News | Tuesday, March 13, 2012 The spring selling season is already heating up for home builders, with sales activity increasing and some builders slightly increasing home prices, reports Barclays Capital. “We believe the spring selling season has arrived strongly enough to kick-start a positive…

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Mortgage Rates Dip, Hover Around Record Lows

Mortgage Rates Dip, Hover Around Record Lows Daily Real Estate News | Friday, March 09, 2012 The 15-year fixed-rate mortgage reached a new all-time low this week, while the 30-year mortgage edged nearer to matching its record low, Freddie Mac reports in its weekly mortgage market survey. The low mortgage rates are helping to push…

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What Do Americans Want Most Once Finances Improve?

What Do Americans Want Most Once Finances Improve? Daily Real Estate News | Friday, March 09, 2012 Fifty-one percent of Americans in a recent poll say that if their financial situation were to improve, they’d buy a home. Coming in second on the list of wishes, they’d make repairs or improvements to the home they…

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Americans More Optimistic About Housing, Economy

Americans More Optimistic About Housing, Economy Daily Real Estate News | Thursday, March 08, 2012 Americans’ concerns over housing and the economy are subsiding, according to Fannie Mae’s National Housing Survey from February. An improving job market is a big part of what’s behind Americans feeling more confident about the housing market and the direction…

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Weichert Wire

The newsletter for the Weichert sales team. March 7, 2012 FHA Mortgage Insurance Premium Changes A new premium structure for FHA-insured single family mortgage loans was recently announced.* Beginning April 1, 2012, all FHA mortgage applicants will be subject to new fees. The up-front mortgage insurance premium, which is currently 1 percent of the loan…

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Great PR to be released tomorrow March 8

Best Regards,   Monika B. Newman, CRB, MRE Broker/Owner Pikes Peak Group d 719.667.4327 +  m 719.337.8389 f  719.634.3086 +  toll free 800.779.6337 www.WeichertPikesPeak.com   NOTICE: The information contained in this electronic mail message and any attached files are confidential. It is intended only for use of the addressee. If you have received this communication in…

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Foreclosure Backlogs Starting to Clear

Foreclosure Backlogs Starting to Clear, Report Says Daily Real Estate News | Wednesday, March 07, 2012 Foreclosure starts rose 28 percent while foreclosure sales soared 29 percent in January compared to the previous month, according to the latest Lender Processing Services’ January Mortgage Monitor report. The rise in foreclosures in January is a sign that…

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