NAR

The Week in Housing: Existing Home Sales, Interest Rates, and New Home Sales

by Ryan Hinricher | June 27, 2011

Interest Rates: Flat For two weeks now, interest rates are flat, according to the most recent survey by Freddie Mac. The 30 year fixed mortgage rate was unchanged at 4.5%. Last year at this time the 30 year fixed mortgage rate averaged 4.69%. The 15 year fixed mortgage rate was up slightly this week to [...]

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Housing

Pending Home Sales Surge, Mortgage Purchases UP Despite Interest Rate Rise – The Week in Housing

by Ryan Hinricher | December 6, 2010

This week housing’s biggest story was a big rise in pending home sales. In addition we’ll cover rising interest rates and mortgage purchase applications. Standard & Poor’s also reports on the broad-based home prices and we’ll finish up with final thoughts and a look forward. Pending Home Sales: A Big RISE Coming off slightly lower [...]

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Housing

Shadow Supply Leaps, Rates Hold, Purchase Activity Highest Since May

by Ryan Hinricher | November 29, 2010

This week’s housing recap includes supply numbers on both the existing inventory from NAR and the shadow inventory from CoreLogic. Plus we’ll look at the Census Bureau’s update on new, single-family home sales. Lastly, we’ll get an update on interest rates, and discuss a big spike in mortgage purchase applications. Shadow Supply Leaps, While Actual [...]

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Housing

Housing Market Insight – Week of September 27th

by Ryan Hinricher | September 27, 2010

Highlights from last week’s housing market include; home price reports from the Federal Housing Finance Agency and Radar Logic, an update on interest rates and mortgage applications, and an important report from the National Association of Realtors on existing home sales and inventories. Double-Dip in Home Prices Becomes Reality This week the Federal Housing Finance [...]

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Housing

Housing Market Insight – Week of September 6th

by Ryan Hinricher | September 6, 2010

Last week the sentiment in the housing market seemed to turn slightly for the better. This post will tell you why as we cover the discussion over more tax credits, interest rates, the mortgage application index, and a surprise in pending home sales. Tax Credit Discussion, Quelled What seemed to be a stirring of a [...]

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Real Estate

The Ten Best in RE.net This Week: July 18, 2010 Edition

by Dean Ouellette | July 18, 2010

1 ) One of the biggest pieces of news in real estate this week was the Class action suit filed against Bank of America for abuse. BoA should have known you don’t mess with Texas. 2 ) I think some people forget that a Real Estate Contract is legal, binding, can’t just walk away! Buyers [...]

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Real Estate News

The Ten Best in RE.net This Week: June 5, 2010 Edition

by Dean Ouellette | June 5, 2010

1 ) If you are in real estate you have probably done some unique things to try to get some business. I bet you have not seen many more creative ways than this: Desperate or Innovative? Realtor Selling on a Street Corner. If it doesn’t work out he at least will have street begging to fall [...]

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Housing

Why the Home Buyer Tax Credit Won’t Be Extended

by Ryan Hinricher | April 19, 2010

The clock is ticking on the Home Buyer Tax Credit with only 11 days left for buyers to enter into contracts. While some may believe there isn’t enough stimulus left to boost the housing market, many including the National Association of Realtors and National Association of Home Builders are no longer pushing for an extension. [...]

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Real Estate News

The Ten Best in RE.net This Week: Feb. 27, 2010 Edition

by Dean Ouellette | February 27, 2010

1 ) Real Estate Investors – Don’t Be Seduced By Rickety Cash Flow – Good article for investors who are obsessed only with cash flow. This is one of my favorite topics I like to read Jeff Brown write about. His opinion always seems to be a little different than most opinions on cash flow. [...]

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Commentary

Conflicting Housing Market Data?

by Anwell Tsai | November 13, 2008

Real Estate markets are inefficient and involve non-homogenous assets being negotiated and purchased by private parties. It becomes difficult to track data since conditions of sale, financing, and property rights being sold, among other things, can not be easily verified. However, there are more and more sophisticated indices published by various companies that try to [...]

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Economy

Good News, Bad News: Home Prices Fall Off A Cliff; Big AntiTrust Case May Help Home Buyers

by Charles Feldman | May 28, 2008

Good news, bad news time for real estate and the general economy this week. The bad is, I am afraid, very bad, indeed. Prices for single-family homes took a nose dive in the first quarter of 2008…down an enormous 14.1 percent from the year before. Standard & Poor’s/Case Shiller report, according to Reuters, says this [...]

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Commentary

The Housing Crisis: How Low Can It Get? Pretty Low!

by Charles Feldman | May 14, 2008

I’d like to say that this is as bad as it gets. I’d like to say it, but I don’t think that is true. In California alone, just released figures show that last month, 1,000 (that’s one THOUSAND) foreclosed homes were brought to auction each and every weekday–a 44 percent increase just from the month [...]

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Commentary

Foreclosures Matter! How Foreclosures have affected homeowners, investors and the economy

by Joshua Dorkin | November 28, 2007

I was reading a post by one of my favorite real estate bloggers, Pat Kitano, about how bloggers seem to be ignoring the foreclosure business, and I was a bit surprised. It seems that many of the other blogs out there have decided to play down the problem or feel that there isn’t a problem [...]

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Real Estate Headlines: Stories Worth Reading for Sunday, October 21

by Joshua Dorkin | October 21, 2007

Looking Ahead . . . Home Sales May Fall, Durable Orders Rise: U.S. Economy Preview – The real-estate recession will worsen as stricter lending rules and higher mortgage rates make it more difficult for potential buyers to get financing. The economy will avoid recession as businesses, led by growing demand from overseas, continue to invest [...]

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Commentary

Birth of a National MLS? Meet Zillow . . .

by Joshua Dorkin | December 9, 2006

Tim Maitski of the Atlanta Report predicts that internet powerhouse Zillow might creep into the national scene to become a replacement for the MLS (Multiple Listing Service) operated by the National Association of Realtors (NAR). According to Maitski: Zillow has the potential to be the standard national MLS system open and free to anyone and [...]

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