House Buyer Network™ News
U.S. Real Estate News - From MSN News
Real Estate Market
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June was a scorcher for local real estate - Abbotsford News
Low interest rates and declining house prices combined to fuel a red-hot June for the regional real estate market. In fact, sales for June of 2009 were exceeded by only one other June on record, back in 2005. "Many people who were reluctant to ... |
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Residential Real Estate Is Starting To Bounce Back - Nuwireinvestor.com
Is the real estate market ready to bounce back? After months of "less bad" news, some analysts are revising their estimates for home prices to reflect their observations that the residential real estate market is starting to recover. For more on this ... |
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UK Commercial Real Estate Projected to Bottom at End of 2009 - Nuwireinvestor.com
Although commercial real estate has been in freefall all over the world, there is enough positive data for some analysts to project UK's commercial real estate market to bottom by the end of 2009. Although it will take several years for the market to ... |
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Foreclosure: A sign of the times - Union Democrat
Realtor Leanne Smith opens the lock box on a foreclosed home in Sonora. Amy Alonzo Rozak/The Union Democrat, copyright 2009 For people in the worst economic shape of their lives — facing foreclosure and forcible removal from their homes — real ... |
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Local housing market fires up - The London Free Press
Momentum may be building in the London-area real estate market, with June sales up 5% over the same month last year. Sales had not been in positive territory since last September and bottomed out last November -- when they were 41% below the same ... |
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New appraisal rules roil Whatcom County real estate market - Bellingham Herald
Closing the sale on a home is getting more expensive and time-consuming thanks to new nationwide rules that took effect May 1. Many local real estate agents, appraisers and mortgage brokers are hoping those rules can be rolled back. Tom Follis, who ... |
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Real Estate Is Local: Stop your whining about the real estate market - Rutland Herald
A good real estate broker usually has a lot of positive energy and has experienced the ups and downs of the real estate cycle over the years and will know how to successfully navigate through challenging times. Everyone, and I mean everyone, has ... |
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Dubai real estate entering phase of 'relative stability' - Business24-7
The current wave of price decline in Dubai's property market is expected to be minor compared with that in the past nine months as it enters a phase of "relative stability", market analysts told Emirates Business. Real estate specialists from the ... |
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The Tyranny of Mark-to-Market Rules for Houses - Reason.com
Just when you thought you'd heard everything, it turns out the real villain in the continuing death of the real estate market is...the appraiser who refuses to turn that frown upside down. The near enemy in this case is said by Bloomberg to be New ... |
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Research and Markets: Research Report of the Top Real Estate ... - PR Inside
Research and Markets(http://wwwresearchandmarketscom/research//research_report_of) has announced the addition of the " Research Report of the Top Real Estate Enterprises in China : " report to their offering In China, affected by the law of the real ... |
Housing Starts
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Japanese May Housing Starts, Construction Orders Decline - RTT News
(RTTNews) - Tuesday, a report from the Ministry of Land, Infrastructure and Transport showed a 30.8% decrease in Japanese housing starts for the month of May compared to April's 32.4% annual decline. Economists were expecting an annual fall of 27.7 ... |
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Japan May housing starts -30.8 pct yr/yr-govt - Forbes
TOKYO, June 30 (Reuters) - Housing starts in Japan fell 30.8 percent in May from a year earlier, government data showed on Tuesday, a slightly bigger drop than a median market forecast for a 27.0 percent slide. Housing starts declined for the sixth ... |
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Springs housing starts up over last June - Colorado Springs Gazette
Good news on the local housing front has been about as hard to find as a Broadmoor mansion built with just a two-car garage. But after months of tough times, the Colorado Springs area saw some encouraging signs on home construction and foreclosures ... |
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Dayton-area housing starts tumble in May - Birmingham Business Journal
The number of home building permits filed in the Dayton area took a sharp drop in May, according to the Home Builders Association of Dayton . In May, 144 residential building permits were filed, a decrease of 61 percent from the 348 filed in April ... |
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Alcoa reports on second quarter, Wednesday - Globe and Mail
The U.S. Institute for Supply Management posts its services index for June. Economists expect a reading of 46, up from 44 a month earlier. Tuesday, July 7 Statistics Canada reports on building permits in May. Economists expect an increase of 0.8 per ... |
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CANADA FX DEBT-C$ down for third straight week, bonds up - Reuters
TORONTO, July 3 (Reuters) - The Canadian dollar nudged higher against the greenback on Friday in thin trading with U.S. markets closed for the Independence Day holiday, but it was lower on the week, its third straight week of declines. The Canadian ... |
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Fossett proud of his work in Covington - Cincinnati.com
COVINGTON - One day short of his fourth anniversary as Covington city manager, Jay Fossett served his final day in that post Tuesday. City commissioners in mid-June voted 3-2 to accept his resignation. "Tomorrow will be four years to the day - and ... |
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Decline in Decline of Housing Market - PLANetizen
Yale economist Robert Schiller believes that the housing market is showing signs of improvement. "At this point, people are thinking the fall is over," says Schiller. "Home prices in 20 major U.S. metropolitan areas fell in April at a slower pace ... |
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Log prices improve - Medford Mail Tribune
Improved U.S. housing starts and permits have bolstered the price for logs and mill studs in Southern Oregon. An Oregon Natural Resources Report online post said log prices have ended an eight-month decline and stud prices have stabilized. The report ... |
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Spring U.S. housing market hints at awaited recovery - Reuters
NEW YORK (Reuters) - It is a little too early to celebrate new life in the housing market, but Americans should soon have something to party about if the spring housing season is any gauge. With sales rising and home price declines moderating in many ... |
Mortgage Rates
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Mortgage rates, applications fall back - Boston Globe
CHICAGO - Mortgage rates in the United States fell this week, easing concern that a Federal Reserve plan to lower the cost of home loans had lost momentum. The average 30-year rate dropped to 5.32 percent from 5.42 percent, mortgage buyer Freddie Mac ... |
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Homebuyers get lower rate on mortgages - Nashville Tennessean
The average rate for a 30-year fixed mortgage was 5.32 percent this week, below last week's average of 5.42 percent. Last year at this time, the average rate for a 30-year fixed mortgage was 6.35 percent, Freddie Mac said. Rates on 30-year mortgages ... |
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Mortgage rates fall slightly - Birmingham Business Journal
Rising mortgage rates reversed course this week, with long-term rates falling slightly. Freddie Mac 's weekly report says 30-year fixed-rate mortgages averaged 5.32 percent this week, down from last week's average of 5.42 percent. A year ago, 30-year ... |
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Ohio mortgage rates creep up for week, Ky. drops - Birmingham Business Journal
Mortgage rates in Ohio inched up over the week, while Kentucky’s fell slightly, according to Zillow.com . The average price for a 30-year, fixed-rate mortgage in Ohio was 5.5 percent as of Thursday. That’s up 2 points from 5.48 percent a week ago ... |
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Mortgage rates dip, but still far from lows - New York Daily News
Rates for 30-year mortgages inched downward this week, but remain above record lows posted during the spring. The average rate nationwide for a 30-year fixed-rate home loan was 5.32%, down from 5.42% last week. The average rate was much higher last ... |
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Mortgage rates, applications fall back - Boston Globe
CHICAGO - Mortgage rates in the United States fell this week, easing concern that a Federal Reserve plan to lower the cost of home loans had lost momentum. The average 30-year rate dropped to 5.32 percent from 5.42 percent, mortgage buyer Freddie Mac ... |
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New Evidence on the Foreclosure Crisis - Wall Street Journal
What is really behind the mushrooming rate of mortgage foreclosures since 2007? The evidence from a huge national database containing millions of individual loans strongly suggests that the single most important factor is whether the homeowner has ... |
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Bankrate: Mortgage Rates Slide Back - PR Newswire
NEW YORK, July 2 /PRNewswire-FirstCall/ -- The average 30-year fixed mortgage rate pulled back to 5.70 percent this week, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.48 discount and ... |
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UPDATE 2-US mortgage rates fall in Freddie Mac survey - Reuters
NEW YORK, July 2 (Reuters) - U.S. mortgage rates dropped in the latest week, a move that bodes well for the hard-hit U.S. housing market, which has been showing signs of a recovery. Interest rates on U.S. 30-year fixed-rate mortgages dropped to 5.32 ... |
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UPDATE 1-US mortgage rates fell in latest week-Freddie Mac - Reuters
NEW YORK, July 2 (Reuters) - U.S. mortgage rates dropped in the latest week, a move that bodes well for the hard-hit U.S. housing market, which has been showing signs of a recovery. Interest rates on U.S. 30-year fixed-rate mortgages dropped to 5.32 ... |
Foreclosures
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Protesters demand banks address foreclosures - Pittsburgh Post-Gazette
In a gathering Downtown this morning, protesters demanded that three major banks take action to address the foreclosure crisis. About 15 members of ACORN (Association of Community Organizations for Reform Now) protested against Goldman Sachs' Litton ... |
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Survey Says Bigger Downpayments Prevent Foreclosures - BusinessWeek
ING Direct, the discount stock broker best known for its bright orange logo and branches that look like sandwich shops, is releasing a survey on people’s attitudes toward home ownership and mortgages on July 7. Thankfully, two thirds of the 2,100 ... |
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New Evidence on the Foreclosure Crisis - Wall Street Journal
What is really behind the mushrooming rate of mortgage foreclosures since 2007? The evidence from a huge national database containing millions of individual loans strongly suggests that the single most important factor is whether the homeowner has ... |
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Foreclosures down in Pittsburgh region - Beaver County Times
Home foreclosures in Beaver County through June 14 of this year were down 6 percent from the same period a year ago, according to a firm that tracks residential property sales in a five-county region surrounding Pittsburgh. While the drop is good ... |
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Remember, we're Americans first - Chincoteague Beacon
As we celebrated our nation's birthday a year ago, in 2008, Americans were debating offshore drilling to hold down the price of gas and oil. Subprime mortgages were being foreclosed upon at frightening rates, but the full impact of the meltdown and ... |
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How to keep your head above water - Coshocton Tribune
COSHOCTON - With hardships such as job loss and financial difficulties, many people may not know where to turn for the crucial assistance they need. When one organization noticed many clients with the same issues recently, it decided to take charge ... |
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County execs address foreclosures - Long Island Business News
Both of Long Island’s county leaders will talk about foreclosures at the annual meeting and awards luncheon of the Long Island Housing Partnership on Monday. Suffolk County Executive Steve Levy and Nassau County Executive Tom Suozzi will report on ... |
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The Weekly Layoff Report: Out Of Work In Vegas And the Virgin Islands - Forbes
The economic downturn has been hard on the city of sin. Nevada has been a capital of home foreclosures, and cash-pinched gamblers have tired of finding that what they stake in Vegas stays in Vegas. After the March layoff of 283 at its Venetian and ... |
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Foreclosures Lead to Homelessness for Many, Joint Report Finds - Common Dreams
WASHINGTON - June 26 - Nearly 80% of homeless service and advocacy agencies report that at least some of their clients became homeless as a result of a foreclosure, and one in five estimate that more than 40% of their clients became homeless because ... |
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Baltimore's Suit Against Wells Fargo Can Proceed - WBOC
BALTIMORE (AP) - A federal judge's ruling means Baltimore's suit against Wells Fargo for what the city says were racially biased predatory lending practices can proceed. U.S. District Judge Benson Legg rejected Wells Fargo's motion to dismiss the ... |
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