By Nick Timiraos of the Wall Street Journal Click here for the full article Memo to sellers: you’ve got more competition this spring. Price those homes accordingly. Nationally, the...
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Home resales fall 9.6% in February and prices are near 9-year low – LA Times Online
By Jeffry Bartash – LA Times online – March 21, 2011, 2:33 p.m. view the entire article here The National Assn. of Realtors data reflect a continued slump in the real...
F.H.A. to Raise Insurance Premiums – NY Times
By LYNNLEY BROWNING Published: February 24, 2011 FEDERAL Housing Administration mortgages, the government-insured loans that have surged in popularity in recent years, will be getting...
Regulators Push 20% Down Payments on Homes
By VICTORIA MCGRANE And NICK TIMIRAOS Banking regulators are pushing for mortgage-lending rules that require homeowners to make minimum 20% down payments on loans classified as...
Survey: Gloomy Views Persist on Housing, Economy – WSJ Online
FEBRUARY 28, 2011, 9:35 AM ETBy Nick Timiraos The number of Americans who believe that buying a home is a safe investment continues to fall, according to a new survey on housing...
Why 2011 May Be the End of the Housing Crash
One of many relevant articles or in this case videos testifying as to why now might be a good time to buy a home. I would love to hear your thoughts… There might finally be some...
New Fed Rule for Mortgage Brokers
THIS CHANGES EVERYTHING!!! By LYNNLEY BROWNING – Published: February 17, 2011 STARTING April 1, under a new compensation rule from the Federal Reserve, borrowers who get their...
Investors scoop up foreclosed properties; pending home sales up in California
By Derek Kravitz AP real estate writer Posted February 23, 2011 at 5:11 p.m. WASHINGTON — Home sales are starting to tick up after the worst year in more than a decade. But the...
ARMs helped sink the economy – now they’re back!
NEW YORK (CNNMoney) — Adjustable rate mortgages are back! After accounting for nearly 70% of all mortgages issued during the boom, ARMs vanished during the bust, totaling just 3%...
30% of mortgages are underwater
Foreclosure Fiasco NEW YORK (CNNMoney) — Sometime, somehow, the foreclosure crisis will ease. But probably not anytime soon. Home prices dropped 2.6% nationwide during the last...