The Case For Recovery
Wednesday, April 28
We Have One, But It Wont Feel Like it Case-Shiller released their index of home prices in 20 cities and it rose 0.6 percent in February over last year. Existing home prices advanced 0.4%, as sales climbed for the first time in four months. We’ve turned a corner with housing," sai...
Freddie Mac Weekly Mortgage Update: Rates Mostly Unchanged
Saturday, April 24
Rates Mostly Unchanged This Week 30-year f...
Mortgage Bankers Weekly Update: Mortgage Applications Increase
Saturday, April 24
Market Composite Index: (loan application volume) increased 13.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 13.9 percent compared with t...
Multi Family Outlook
Sunday, April 18
The longer term outlook for apartments remains good.In 2008 sales was down by more than 60% over 2007 peak with sales volume dropping by 77% over same period a year earlier. The big banks are beginning to loosen up and the insurance companies have become active lenders again, but at a frac...
Whos Lending now
Sunday, April 11
Big Banks Are Beginning To Thaw Citigroup appears to be ready to lend again as the recovery gains traction. In January 2009, badly burned Citigroup was scaling back its home lending business. Just one year ago, its home mortgage business was placed in its bad bank entity to be sold...
Section 8: An Owners Guide
Sunday, April 11
Section 8 housing is a HUD assistance program dedicated to subsidize housing for low income families and individuals, the elderly and the disabled. It pays a portion of the rent to owner/managers that accept section 8. Participating landlords must offer reasonable rent, as defined by th...