House Buyer Network™ News
U.S. Real Estate News - From MSN News
Real Estate Market
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Tax credits inject hope into Central Pa. real estate market - Central Penn Business Journal Midstate real estate agents said they are confident the extension of the federal first-time homebuyer tax credit and the addition of a tax credit for homeowners looking to move will help resuscitate the region's housing market. Even though the last ... |
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Greenspoon Marder Reveals 'Secret Weapon' in Attack on Distressed Real ... - Yahoo Finance FORT LAUDERDALE, Fla., Nov. 20 /PRNewswire/ -- The law firm of Greenspoon Marder, P.A. is taking an unconventional approach to an unusual real estate market. The firm recently hired a Director of Real Estate Services to capitalize on real estate ... |
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A blog about the economy and the Sacramento-area real estate market. - Sacramento Bee California unemployment increased to 12.5 percent last month, but the state actually added jobs for the first time in more than a year. The U.S. Bureau of Labor Statistics said California payrolls grew by 25,700 in October, the first job growth the ... |
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Renewals critical in real estate market - Memphis Business Journal With increased vacancy rates and a general slowdown in commercial real estate, retaining tenants has taken on a higher profile in real estate deals. Overall industrial vacancy rose from 13.6% at year-end 2008 to 14.9% at mid-year 2009, according to a ... |
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China Real Estate Market Continues Rapid Growth - Nuwireinvestor.com The recent explosion in Chinese real estate is raising expectation of a response from the nation's banking sector, specifically focusing in on debt purchases and leverage ratios. 2009 has seen sales volume in new and existing floor space sky-rocket ... |
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Bay Area Real Estate Market Approaches Return To Normalcy - Nuwireinvestor.com Although trends in the Bay Area real estate market remain mixed, early signs of recovery emerged in October, when the nine-county region posted its first year-over-year gain in median home prices since 2007. Increased FHA loans, increased sales of ... |
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Barclays Capital acquires firm with stakes in Dallas' Crescent ... - Denton Record-Chronicle The Fountain Place tower in downtown Dallas is one of 36 office buildings in which Crescent Real Estate Equities has ownership. Barclays Capital said Friday that it has acquired control of Fort Worth-based Crescent Real Estate Equities Limited ... |
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Central Bank of Stillwater buys failed Florida bank - Minneapolis Star Tribune Central Bank of Stillwater, continuing to hunt for bargains among failed banks, agreed late Friday to buy a small Florida bank seized by regulators after too many of its commercial real estate loans went bad. It was Central's fourth acquisition of a ... |
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Dallas commercial property likely to drag in 2010, panel says - Dallas Morning News Top commercial real estate executives aren't looking for a sharp rebound next year. That was the consensus Friday at a real estate outlook panel organized by The Dallas Morning News . "I don't think next year is going to be much different from this ... |
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Investment firm ousted over education board gift disclosures - Longview News-Journal The real estate investment firm entangled in a dispute with two State Board of Education members over gift disclosures got the heave-ho from the board Friday. AEW Capital Management LP had qualified as one of the 68 firms that could be tapped for ... |
Housing Starts
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A second look at those housing starts - Los Angeles Times Blogs It’s Friday and it’s slow, so let’s dig a little deeper into those housing-starts numbers that got investors running scared this week. If you will recall, the Commerce Department reported that housing starts unexpectedly fell 10.6% to a ... |
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Why Were Housing Starts Down? - Green Faucet Congratulations to Tim Geithner. I'm actually thrilled that he stuck it to Congressman Kevin Brady from Texas during his testimony on Capitol Hill yesterday . Of course Geithner is completely wrong in nearly everything he's done since taking office ... |
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Denver ranked as 13th Healthiest Housing Market - Builder Magazine Nov. 19--The light at the end of the recessionary tunnel flickered yesterday as a Commerce Department report showed housing starts fell in... |
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Housing starts “unexpectedly” tumble - Hotair.com There’s that word again — unexpectedly . The Washington Post reports on an economic indicator that went negative at the conclusion of a big government subsidy, something that a first-year econ student could have foreseen. But as always ... |
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Photo gallery of travel destinations in Calgary - canada.com Photo gallery of travel destinations in Calgary Explore a land of mystic peaks, enchanted forests and crystal fields of ice. Not so far, far away in a place called Montana. Glacier National Park is a sublime wonder where mythical creatures roam and ... |
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Housing Starts Fall - Credit Union Times In another sign that the economy hasn’t completely turned around, housing starts fell 10.6% in October, following two months of increases, according to a report issued today by the Commerce Department and the Department of Housing and Urban Affairs ... |
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U.S. Inflation On The Rise, Housing Starts Fall - Emii.com On Wednesday the Department of Labor released October pricing data that found the Consumer Price Index was up 0.3% in the month after a 0.2% increase in September, reports Reuters . The gain outpaced analysts’ prediction of 0.2%. Core prices ... |
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Housing starts plunge 11 percent in October - Washington Times Housing starts in October plummeted to their lowest level in six months as builders pulled back, worried that Congress might not extend the home-buyer tax credit scheduled to expire at the end of November. After rising during four of the previous ... |
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October Housing Starts Dropped Sharply - OfficialWire Privately owned housing starts fell sharply in October, declining despite predictions the number would rise, the U.S. Commerce Department said Wednesday. Economists expected home starts to rise to 600,000 starts on an annual basis. But housing starts ... |
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Housing Starts Green Shoots Wither On Vine - HoweStreet.com After optimists talked up rising housing starts for several months as green shoots, improving conditions, etc., reality came knocking in full force with the New Residential Construction Report For October 2009 . Privately-owned housing units ... |
Mortgage Rates
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Mortgage Loan Rates Near Or At Record Lows - OfficialWire Interest rates for fixed-rate mortgage loans fell this week to near or below historic levels, the Federal Home Loan Mortgage Corp. said Thursday. The 30-year, fixed-rate mortgage averaged 4.83 percent with an average 0.7 points during the week ending ... |
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AIG Bank Current Mortgage Rates - MonitorBankRates.com AIG Bank is advertising some of the best mortgage rates available today. The current advertised rate for a 30 year mortgage is 4.625 percent, which is lower than the current National Average Mortgage Rate reported by Monitor Bank Rates of 4.91 ... |
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Mortgage Rates Bottom Out. Lock'em If You Got'em - MortgageNewsDaily.com While benchmark interest rates continue to chop around in a contained range, mortgage-backed securities have moved sideways, failing to make much progress in either direction. Although we have experience a few moments of added volatility, tight ... |
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News In Brief: mortgage rates, jobless, economy - San Jose Mercury News Rates on 30-year mortgages stayed below 5 percent this week but remained above the record set earlier this year, Freddie Mac said Thursday. The average rate for a 30-year fixed mortgage fell to 4.83 percent, down from 4.91 percent last week, the ... |
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Bankrate Inc. Will Help in Checking Mortgage Rates Online - Associated Content The advent of the Internet has provided us with a lot of convenience. We could do almost any transaction online whether for personal, social or business purposes. One good example is that of checking mortgage rates online. We can use the Internet ... |
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National Bank Financial Group Adjusts its Mortgage Rates - Yahoo Finance MONTREAL, QUEBEC--(Marketwire - 11/20/09) - National Bank Financial Group (TSX: NA - News ) has adjusted its rates for residential mortgages. The new rates are effective as of November 23, 2009. TERM CURRENT RATE (%) NEW RATE (%) CHANGE |
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Mortgage rates may rise - The Chronicle Herald TORONTO (CP) — The Canadian housing market has seen a stronger and faster rebound from the recession than any other segment of the economy, due in large part to enticingly low mortgage rates. But rates this low — 5.59 per cent for a five-year ... |
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Business briefs: mortgage rates, markets, AOL - Contra Costa Times Rates on 30-year mortgages remain below 5%: Rates on 30-year mortgages stayed below 5 percent this week but remained above the record set earlier this year, Freddie Mac said Thursday. The average rate for a 30-year fixed mortgage fell to 4.83 percent ... |
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Mortgage rates likely to rise soon - Winnipeg Free Press TORONTO -- The Canadian housing market has seen a stronger and faster rebound from the recession than any other segment of the economy, due in large part to enticingly low mortgage rates. But rates this low -- 5.59 per cent for a five-year fixed-rate ... |
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HOUSE PRICES AND MORTGAGE RATES TEMPT BUYERS - Daily Express HOUSE price rises and record low interest rates tempted buyers to take out mortgages worth £13.5billion last month, new figures showed yesterday. The five per cent rise – up from £12.9billion in September – is in line with increases in October ... |
Foreclosures
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Bay State foreclosures continue to rise - Enterprise Quincy had 19 foreclosure petitions, a 5 percent decrease, and eight foreclosure deeds, up from five the previous year. Randolph had 17 petitions, a 21 percent increase, but only four foreclosure deeds, compared with seven in October 2008. |
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11% of home loans in Wisconsin either behind or in foreclosure - WKBT MILWAUKEE (AP) -- A new report shows 11 percent of home loans in Wisconsin were in foreclosure or delinquent at the end of September. That record level is expected to continue to rise as unemployment continues. The Mortgage Bankers Association says ... |
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Good credit not immunity in foreclosure - Washington Times ... Thursday that a rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure ... this data that foreclosures are going to abate any time soon," said Mark Zandi, chief economist at Moody's Economy. |
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New jobless benefit claims unchanged at 505K - Denver Post In this photo taken Monday, Nov. 16, 2009 Ashley Anderson, front, receives a free haircut from Hair Stylist Jonathan Williams, top right, both of Cranston, R.I., at the Wil.O Design Studio, in Cranston. Anderson received the haircut at no charge ... |
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People with good credit facing foreclosure - Philadelphia Daily News The latest evidence was a report yesterday that a rising proportion of fixed-rate home loans made to people with good credit are sinking into foreclosure ... There's no indication in this data that foreclosures are going to abate anytime soon," said ... |
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Delinquent mortgage payments hit record - Reading Eagle The Mortgage Bankers Association's report Thursday adds to fears that the housing market and broader recovery could be thwarted by the continuing surge in home loan defaults, especially as the unemployment rate keeps rising. Lost jobs, rather than ... |
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Mortgage delinquencies hit record-high in 3Q - WTOP Radio While optimists hope the worst is over, pessimists say there are simply too many foreclosed properties that ... coming into the market next year," said Jay Brinkmann, chief economist with the Mortgage Bankers Association. Those foreclosures will push ... |
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Isles, nation demand focus on joblessness - Honolulu Advertiser Losing a job has become a frightening reality for many in Hawaii who never imagined such a thing would happen to them. Without a reliable income stream, they now face once-unthinkable losses: their careers, their homes, their ability to support their ... |
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Bay Area home prices zip up nearly 7% in October - San Francisco Chronicle Analysts caution that while the numbers may show the housing market moving toward a more traditional model - with fewer distressed properties and bargain-basement buyers - they must be taken in the context of historic price declines. The median price ... |
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Donald Black Jr.'s powerful photographs capture our city's ruins - Cleveland Plain Dealer What: "For Closure: Visions of Reality, Words of Promise" and "Discarded America, Evidence of Lost Ideals," pho tographs by Donald Black Jr. and Timo thy Lachina, respectively. When: Through Sunday, Nov. 29. A closing reception will be held on the ... |
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