August Existing Home Sales Jump 7.6%
Friday, September 24th, 2010
Sales of existing homes jumped more than 7% last month, indicating progress in the recovery of the housing market.
Detroit Most Affordable City to Buy Home
Friday, September 24th, 2010
Michigan’s largest city topped Coldwell Banker’s list of most affordable city to purchase a home this year. On the other end of the survey, it was Newport Beach, California, earned the spot as the most expensive city to buy a home.
More Borrowers Leaving Mortgage Relief Program
Thursday, September 23rd, 2010
Despite government efforts to ease the country’s worsening foreclosure problem, it seems that the Obama administration’s flagship mortgage relief program continues to garner unfavorable responses from its intended recipients.
Ally Foreclosures Review Raises Concern
Thursday, September 23rd, 2010
Various groups have expressed concern over the possible effects of Ally Financial’s decision to review foreclosure cases in 23 states.
Housing Starts Surge 10.5%, Beat Expectations
Wednesday, September 22nd, 2010
Market analysts and real estate experts breathed a sigh of relief as last month’s housing starts registered the highest increase since November last year after a series of declines.
FHA Chief Sees Recovery of Agency Coffers
Wednesday, September 22nd, 2010
The Federal Housing Administration (FHA) is on its way to financial recovery. The agency’s chief said the government body is benefiting from the fees borrowers shoulder and on more stringent standards imposed by lenders.
‘Fewer Americans See Homeownership As Safe Investment’
Monday, September 20th, 2010
If you believe that owning a home amid the housing slump is a bad idea, then you’re probably one of the more than 30% of Americans who no longer consider homeownership as a safe investment.
Experts Believe Possible August Home Sales Rise
Monday, September 20th, 2010
A new survey of economists shows that home sales probably rose last month. It could be an indication that the real estate market is stabilizing, albeit at a very slow pace.
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August Existing Home Sales Jump 7.6%
Sales of existing homes jumped more than 7% last month, indicating progress in the recovery of the housing market.