Monthly Archives: May 2012

Could it be a Sellers’ Market?

Could it really be good news for the housing market? The National Association of Realtors (NAR) issued its report on existing-home sales this week and reported that sales rose 3.4 percent — making the total so far 4.62 million homes, 10 … Continue reading

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How Big A Vote Will The Housing Market Have?

All of a sudden, the election doesn’t seem so far away, and the key states that are teetering may be swing back towards Obama as their housing markets show signs of life. Key states see some improvement An improving economy … Continue reading

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Mortgage Rates At New All-Time Low

Both 30- and 15-year mortgages reached record lows Long-term mortgages were introduced to the U.S. market in the 1950s — and the 3.83 percent average for a 30-year loan reported by Freddie Mac last week is the lowest rate recorded since … Continue reading

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About That Foreclosure Flood…

New foreclosures down more than 30% year over year For months, economists and industry experts have been predicting a flood of foreclosures to upset the housing market once bank settlements and other distressed mortgage initiatives were ironed out. As it … Continue reading

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