The combination of low mortgage rates, tax incentives and plenty of inventory to choose from seems to be working to stimulate home sales, according to the latest figures released by the National Association of Realtors (NAR). The numbers for existing home sales (which includes single-family, condominiums, townhomes and co-ops) for the month of November were [...]
Entries Tagged as 'Real Estate Market'
U.S. Existing Home Sales Continue to Rise Upward
December 24th, 2009 · 1 Comment · Mortgages, Real Estate
Tags: First time homebuyer tax credit·home sale statistics·home sales·housing market·Real Estate·Real Estate Market
Feds Announce Take Over of Fannie and Freddie Reality Show
September 9th, 2008 · 1 Comment · Banking, Consumer Debt, Mortgages, Real Estate
Yep, the federal government has made it official: they will be producing and directing a new reality show, entitled “The Fannie Mae and Freddie Mac Show”. Yes, after weeks of anticipation and speculation, Treasury Secretary Henry Paulson announced that the federal government had taken over mortgage giants Freddie Mac and Fannie Mae. Those interested in [...]
Tags: Fannie Mae·Federal Bailout·Freddie Mac·housing crisis·Mortgage Relief·Real Estate Market
Foreclosures up 57%?
April 15th, 2008 · 1 Comment · Credit Counselor Front Lines
Well, actually, you have to read the fine print. They are up 57% from one year ago. But March’s figures were up 5% from February, so no matter how you slice it, things are getting bad. And I predict they will get worse. According to a Reuters story today, the 4 top states for foreclosure [...]
Tags: Foreclosures·Home·Mortgage·Price Appreciation·Real Estate Market
