As record snows melt away in the Midwest and East, real estate professionals are not seeing the volume of interest or which they had hoped.
By: Steve Cook; Mon, Feb 22, 2010
Short sales have jumped from about ten percent of distressed property sales during most of last year to 15.9 percent of home purchase transactions in January.
By: Steve Cook; Thu, Feb 18, 2010
Despite the fact that nearly one out of four American homeowners owe more on their homes than their mortgages are worth, more than one quarter of American homes actually increased in value last year.
By: Steve Cook; Fri, Jan 29, 2010
An amazing event at the International Builders' Show earlier this month promises to change the industry's financing structure forever and breathe new hope into the industry.
By: Steve Cook; Tue, Jan 19, 2010
First-time homebuyers, the most important segment of the home purchase market in 2009, accounted for a shrinking share of the housing market as 2009 drew to a close.
By: Steve Cook; Mon, Jan 18, 2010
Newspaper real estate ad spending is projected to rise 16 percent in 2010, to $4.4 billion, after falling 34 percent last year.
By: Steve Cook; Mon, Nov 9, 2009
One out of every four banks continued to tighten lending standards and terms for prime mortgages in the third quarter.
By: Steve Cook; Sat, Oct 3, 2009
In the week ending October 1, 2009, the 30-year fixed-rate mortgage rate averaged 4.94 percent fell below 5 percent for the first time since May, nearing its all-time low of 4.78 percent reached last April.
By: Steve Cook; Tue, Mar 9, 2010
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