Mortgage Rates at New Lows

“Mortgage interest rates hit new lows this week as both the 30-year and the 15-year fixed-rates fell, according to a weekly survey by Freddie Mac. It was the second consecutive week that rates broke records.”

Read the article:  http://money.cnn.com/2012/05/10/real_estate/mortgage-rates/index.htm

Home Prices Predicted to Stabilize by End of Summer

“Nearly all non-price metrics – existing home sales, rising home order volumes, increased spending on home improvement, a jump in multi-family construction – indicate that the housing sector hit bottom last year and has started along a path of slow recovery.”

Read the article:  http://www.dsnews.com/articles/fiserv-expects-home-prices-to-stabilize-this-year-then-rise-slowly-2012-05-09

 

Understanding Appraisals

“It’s a term homeowners and sellers hear all the time. What does “appraisal” really mean and how will it affect your ability to make a deal?”

Read the article:  http://realtytimes.com/rtpages/20120508_appraisals.htm

Expectation for Rising Home Prices

“Both the expectation for home prices and the percentage of those who think the U.S. economy is on the right path reached record highs in Fannie Mae’s April 2012 National Housing Survey.”

Read the article:  http://www.dsnews.com/articles/fannie-mae-more-americans-expressing-confidence-in-economy-and-home-values-2012-05-07

How to Dive into a Backyard Pool Addition

“Adding a swimming pool to your property can add cash value and an enhanced lifestyle, but it’ll also cost you to keep it sparkling and, perhaps, some extra effort when it’s time to sell.”

Read the article:  http://realtytimes.com/rtpages/20120503_pooladdition.htm

Seniors and the Real Estate Bust

“The real estate bust has hit retirees especially hard because so many of them were planning to use the proceeds from the sale of their house to buy spots in retirement communities…”

Read the article:  http://dailynightly.msnbc.msn.com/_news/2012/05/03/11521570-helping-retirees-battle-the-real-estate-bust?chromedomain=bottomline&lite

Celeb Real Estate – Jeter, Meg Ryan & Britney

“This week in celebrity real estate Yankees’ star Derek Jeter relisted his bachelor pad penthouse for $18 million, Meg Ryan is hoping for a buyer for her Bel-Air home and Britney Spears’ estate may have finally sold.”

Read the article:  http://bottomline.msnbc.msn.com/_news/2012/04/29/11415616-celebrity-real-estate-jeter-britney-and-meg-ryan-hit-the-market?lite

Last Chance for a Bargain?

“Several housing experts are predicting that this year will be the last chance for bargain hunters to cash in on the best deals of the weak housing market.”

Read the article:  http://money.cnn.com/2012/05/03/real_estate/home-buying/index.htm

Foreclosures and Inventory Down in March

“Year-over-year, the number of completed foreclosures decreased about 19 percent to 69,000 in March 2012 compared to 85,000 in March 2011, according to CoreLogic’s National Foreclosure Report for March.”

Read the article:  http://www.dsnews.com/articles/foreclosures-down-to-69000-in-march-inventory-also-indicating-alternatives-being-used-2012-05-01

Mixed Foreclosure Activity

“While the majority of metro areas continued to show foreclosure activity down from a year ago, more than half reported increasing foreclosure activity from the previous quarter – an early sign that long-dormant foreclosures are coming out of hibernation in many local markets.”

Read the article:  http://www.dsnews.com/articles/out-of-212-metro-areas-more-than-half-increase-in-foreclosure-activity-realtytrac-reports-2012-04-25