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Donovan Floats Tax Credit Balloon
After admitting twice that the July home sales numbers released last week were "clearly worse than we expected," HUD Secretary Shaun Donovan did not rule out the prospect that the Administration will revive the homebuyer tax credit that expired April 30.
Continue reading...Geithner Blasts Fannie and Freddie
Tuesday, August 17, 2010
He also announced the Administration will not support returning Fannie and Freddie to the role they played before they entered conservatorship in 2008, "where they fought to take market share from private competitors while enjoying the privilege of government support."
Continue reading...Prices Rise 7.9 Percent
Thursday, August 5, 2010
Despite reports that sellers were dropping prices following the expiration of the homebuyer tax credit April 30, a new national report found that prices rose an average of 7.9 percent in the second quarter over the first, though price increases on listings slowed in June.
Continue reading...Foreclosures Move in Next Door
Thursday, July 29, 2010
While foreclosures fell in nine out of the nation's ten highest foreclosure markets during the past six months, they are increasing almost everywhere else in the nation as the changing causes of mortgage defaults bring foreclosures home to hundreds of communities.
Continue reading...Prices Fall on Move-in Properties, Rise on Fixer-uppers
Tuesday, July 27, 2010
Prices on homes ready to be occupied fell an average of 6.8 percent between May and June, but prices for damaged foreclosed properties increased by 5.9 percent during the same period.
Continue reading...New Financial Reform Legislation Transforms Appraisals
Saturday, July 24, 2010
The financial regulatory reform bill signed into law the week could result in more accurate home valuations, higher appraisal costs, faster closings, more completed transactions and maybe even higher prices, according to critics of a controversial quasi-governmental regulation that the legislation eliminated.
Continue reading...The Real Estate Rorschach Test
Tuesday, May 26, 2009
Take the Real Estate Rorschach Test and find out if you're ready for the recovery!
Continue reading...
Get this widget See local rates - TransUnion Reports Delinquencies Fall for Second Straight Quarter
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- Positive Pending Home Sales Stifle Tax Credit Talk
- REOs Put New Pressure on Prices
- Foreclosures Show Signs of Decline
- Apartment Rents are on the Rise
Monday, August 30, 2010
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