More Buyers Ready to Get Off the Sidelines? Daily Real Estate News | Tuesday, January 24, 2012 When you compare the cost of owning a home to renting, you’ll find that buying may soon make more sense, Paul Diggle, a housing economist at Capital Economics, told MSNBC.com. Diggle’s analysis of the housing market showed a…
DetailsHome Owner Satisfaction Remains High Daily Real Estate News | Monday, January 23, 2012 Nearly three out of every four home owners say they are satisfied with their purchase – and the No. 1 reason for their satisfaction is pride they feel about owning a home, according to HomeGain’s 2012 National Home Ownership Survey. In…
DetailsRecord 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…
DetailsRising 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.…
DetailsBuilders 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.…
DetailsMortgage 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…
DetailsOptimism 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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