Record Rates Push Housing Affordability Higher

Record Rates Push Housing Affordability Higher Daily Real Estate News | Friday, January 20, 2012 The 30-year fixed-rate mortgage hit another all-time low this week, marking the seventh straight week it has averaged below 4 percent, Freddie Mac reports in its weekly mortgage market survey. Here’s a closer look at rates for the week ending…

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Rising rents Make Home Buying a Better Choice

Rising Rents Make Home Buying a Better Choice Daily Real Estate News | Friday, January 20, 2012 Fallen home prices and record-low mortgage rates have pushed housing affordability to a 40-year high. Meanwhile, rental prices are continuing to rise at a fast pace, according to a new report released by Hotpads.com, a rental listing service.…

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Builders Feel the Most Upbeat in More Than 4 Years

Builders Feel the Most Upbeat in More Than 4 Years Daily Real Estate News | Thursday, January 19, 2012 Builder confidence is at its highest level since June 2007, yet another sign that things are finally perking up in the new-home market, which has faced some of its darkest days on record this past year.…

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Mortgage Applications Surge 23%

Mortgage Applications Surge 23% Daily Real Estate News | Wednesday, January 18, 2012 Record-low mortgage rates sparked a wave in mortgage applications for home purchase and refinancings last week, increasing more than 20 percent in a week, the Mortgage Bankers Association reports. For the week ending Jan. 13, mortgage applications for refinancing applications jumped 26.4…

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Optimism Builds in Housing Market

Optimism Builds in Housing Market Daily Real Estate News | Tuesday, January 17, 2012 Several recent indicators for the real estate industry are pointing to a market that is on the mend and entering recovery mode. Housing experts’ predictions for the new year tend to center around a market stabilizing before entering a gradual, albeit…

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Foreign Buyers See Big Bargains in U.S. Real Estate

Foreign Buyers See Big Bargains in U.S. Real Estate Daily Real Estate News | Friday, January 13, 2012 Foreign investors are finding plenty of deals in the U.S. when it comes to real estate, and, as such, more international investors are flocking to key states to buy their piece of the American Dream. Mexico is…

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