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May 2010 - Posts
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Daily Real Estate News | May 24, 2010 Existing-home sales rose again in April with buyers motivated by the tax credit, improving consumer confidence, and favorable affordability conditions, according to the NATIONAL ASSOCIATION OF REALTORS®. Existing-home Read More...
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Daily Real Estate News | May 21, 2010 The Senate on Thursday approved the most extensive overhaul of the banking system since the 1930s. The legislation must still be reconciled with the House bill passed in December. Measures in both bills that directly Read More...
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Daily Real Estate News | May 20, 2010 The confidence of U.S. home owners in the value of their homes increased in the first quarter, online home site Zillow says based on a survey it conducted. About 50 percent of home owners surveyed by the Web site Read More...
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Daily Real Estate News | May 19, 2010 Mortgage applications declined 27.1 percent last week compared to the previous week, on a seasonally adjusted basis, according to the Mortgage Bankers Association weekly survey. The unadjusted purchase index decreased Read More...
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Daily Real Estate News | May 19, 2010 Housing prices are expected to increase 12.4 percent between 2010 and the end of 2014, predicts MacroMarkets, which surveyed more than 100 analysts and market strategists. Those interviewed didn’t all see the Read More...
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Daily Real Estate News | May 17, 2010 The NATIONAL ASSOCIATION OF REALTORS®' Board of Directors, which met on Saturday at the tail end of the Midyear Meetings & Trade Expo in Washington, D.C., approved a rule that bans REALTORS® from denying Read More...
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Daily Real Estate News | May 14, 2010 All the signs are there for continued improvement in the economy as well as housing markets, but it will be several years before real estate practitioners can expect to see markets returning to equilibrium, two of Read More...
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Daily Real Estate News | May 12, 2010 REALTORS® are asking Congress to strengthen the Federal Housing Administration, extend the FHA's high-cost loan limits, and get flood and disaster insurance reforms passed as part of their push on Capitol Read More...
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Daily Real Estate News | May 11, 2010 The Federal Housing Administration has played a fundamental role in helping stabilize the nation’s housing market, and recovery appears to be on track. However, FHA reform is critical for keeping the momentum Read More...
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Daily Real Estate News | May 6, 2010 With the real estate market improving, three-quarters of REALTORS® are very certain they will remain active in the market for two more years, according to the 2010 National Association of REALTORS ® Member Read More...
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Daily Real Estate News | May 7, 2010 Freddie Mac reports that the average interest for 30-year fixed mortgages was 5 percent this week, down from last week's 5.06 percent. Meanwhile, 15-year fixed loans averaged 4.36 percent versus 4.39 percent over Read More...
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Daily Real Estate News | May 10, 2010 The NATIONAL ASSOCIATION OF REALTORS® is bringing together legislators, public policy makers, and industry leaders this week in Washington, D.C., to develop strategies and solutions for addressing ongoing challenges Read More...
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Daily Real Estate News | May 5, 2010 Despite today’s tight economy, many areas of the country have not seen a significant drop in their high cost of living. To help meet this critical need for more affordable housing for low- to moderate-income Read More...
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Daily Real Estate News | May 4, 2010 Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®. The Pending Home Sales Index Read More...
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Daily Real Estate News | April 30, 2010 Borrowers say they spend no more time researching a mortgage loan today than they did two years ago before the market meltdown, according to a survey by Zillow.com. And that’s unfortunate, says Zillow Chief Read More...
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Daily Real Estate News | April 30, 2010 Freddie Mac reports a slight drop in the 30-year fixed mortgage rate to 5.06 percent during the week ended April 29 from 5.07 percent the prior week. A year ago, rates were just under 5 percent. The 15-year fixed Read More...
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Daily Real Estate News | April 28, 2010 Members of the U.S. military, foreign service and intelligence communities have another year to purchase a home and claim the home buyer tax credit. Any service member who is or has been on extended duty for 90 Read More...
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Daily Real Estate News | April 28, 2010 As the home buyer tax credits near their end, analysts are concluding that the program was both expensive and successful. The Treasury Department estimates that the credits helped 1.8 million people buy homes, but Read More...
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