Real Estate News
RISMedia, June 14, 2011—Officially launched in December 2005, YouTube now has over 500 million subscribers worldwide. YouTube receives more than 2 billion viewers per day and is now the second largest search engine in the world (next to Google).
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RISMedia, June 14, 2011—Today’s buyer-take-all bonanza is a boon for fence-sitters and buyers with great credit and deep pockets. But sellers are steeling themselves to new realities that include paying (rather than making) money at the closing table, providing extras…
According to the most recent national housing survey conducted by Fannie Mae, optimism from consumers was up quarter-over-quarter, increasing during the first quarter of 2011.Fannie Mae's survey was taken between January and March 2011. While optimism was growing, many consumers are still lacking confidence in the housing market's ability...
According to a recent RealtyTrac report, April's foreclosure rates are the lowest they've been in 40 months, dating back to late 2007 and early 2008.In all, the total number of default notices, scheduled auctions and bank repossessions during April was 219,258. This figure is down 9 percent month-over-month and represents a 34 percent...
On Thursday, May 20, two lawmakers introduced a proposal to the U.S. Senate that aims to replace Fannie Mae and Freddie Mac with at least five private companies that would provide mortgage-backed securities.The proposal is seen as a compromise between Republicans that had wanted a private mortgage-finance system and Democrats who were in favor of...
Freddie Mac: 30-year fixed-rate mortgages drops to 4.63 percent
According to Freddie Mac's recent report, the average rate for 30-year fixed-rate mortgages experienced a week-over-week decline to 4.63 percent during the week ending May 12. This drop now places the rate at its lowest level since December.
During the same week last...
According to Freddie Mac's recent report, the average rate for 30-year fixed-rate mortgages experienced a week-over-week decline to 4.63 percent during the week ending May 12. This drop now places the rate at its lowest level since December.During the same week last...
According to a recent report from the CoStar Group, Minneapolis, Dallas and Denver were among the most popular real estate markets for commercial properties during the first quarter of 2011.In Minneapolis, commercial real estate sales were up 127 percent, while Dallas' and Denver's sales rose by 108 and 89 percent, respectively. Overall,...
Federal regulators have recently proposed a rule that would seek to define qualified residential mortgages under the Dodd-Frank Wall Street Reform and Consumer Protection Act. However, this movement is being met with opposition from the National Association of Realtors, who claim that, in doing so, the regulators will be preventing many from...
According to a recent report conducted by the CoStar Group, landlords should expect a significant amount of rental growth by the end of 2011, as vacancy rates decline and real estate demand increases.Furthermore, rising employment figures will contribute to the health of the rental landscape. Due to the greater amount of jobs available, many of...
According to a recent Bloomberg article, the number of first-time unemployment claims experienced a significant reduction recently.During the week ending May 7, claims fell by 44,000 to 434,000 overall. While still high, the declining unemployment figure could boost national confidence and increase incomes nationwide. In fact, Bloomberg relays...
