Real Estate News
Foreclosure Filings Down 19 Percent In One Year
Foreclosure filings fell 19 percent last month versus one year ago, says foreclosure-tracking firm RealtyTrac. It’s yet one more signal that the U.S. housing market may have already climbed off its bottom. According to RealtyTrac, a ”foreclosure filing” is any one of the following foreclosure-related events : (1) A default notice on a home; (2) A scheduled [...]
Read More >>Homebuilder Confidence Returns To Pre-Recession Levels
New construction buyers , look out. The nation’s home builders are predicting a strong 2012 for new home sales. It may mean higher home prices as the spring buying season approaches. For the sixth straight month, the National Association of Homebuilders reports that homebuilder confidence is on the rise. The Housing Market Index climbed [...]
Read More >>With Retail Sales And Consumer Confidence Rising, Home Prices Are Expected To Follow
The U.S. economy continues to show signs of a rebound. According to the Census Bureau, Retail Sales climbed to $329 billion last month on a seasonally-adjusted basis, excluding automobiles. January’s data marks the 18th time in 19 months that Retail Sales rose, a run that’s increased total sales receipts by 11 percent. This is big [...]
Read More >>Fewer Jobless Claims Suggests Higher Home Prices Ahead
Economists believe the strength of the 2012 housing market will be closely tied to jobs. If they’re right, the housing market is ripe for a boost. It spells good news for home sellers and may mean the end of bargain-basement prices for buyers. Since peaking in mid-2009, the number of U.S. workers filing for first-time [...]
Read More >>Top 10 Sunniest Cities In the United States
As compared to gloomy days, do “sunny days” put you in a good mood? If you’re like many people , the answer is “yes”. In a study of more than 1,200 people, researchers found that daily weather factors such as temperature, precipitation and length of day can alter a person’s emotional state. Of all the [...]
Read More >>Revamped HARP : Unlimited Loan-to-Value And Same Great Rates
The government’s new, revamped HARP program is 6 weeks from release. Homeowners nationwide are gearing up to refinance. HARP is an acronym. It stands for Home Affordable Refinance Program. HARP is the government’s loan product for “underwater homeowners”. HARP makes current mortgage rates available to households which would otherwise be unable to refinance because the [...]
Read More >>Quick Tips : Boost Your Credit Score For Better Mortgage Rates
http://www.msnbc.msn.com/id/32545640 Credit scores play a huge role in today’s mortgage market — larger than at any time in recent history. Blame it on the high default rates of the last half-decade. Lenders are reserving their lowest rates for the customers most likely to make on-time repayments. Mortgage rates are at an all-time low. However, the [...]
Read More >>Federal Tax Deadline Extended To April 17, 2012
Traditionally, federal income taxes must be filed with the IRS on, or before, April 15 each year. The date has become such a part of U.S. culture that many people simply call it “Tax Day”. This year, however, for the 3rd time in 7 years, your federal income taxes will not be due April 15. Instead, because [...]
Read More >>Lock An Instant 13% Savings On Your Monthly Mortgage Payment
Falling mortgage rates make owning a home more affordable. Mortgage rates are directly tied to monthly mortgage payment so as mortgage rates drop, so does the cost of home-ownership. It’s a money-saving time to buy a home — or to refinance one. Mortgage rates have never been this low in history. According to Freddie [...]
Read More >>The 10 Longest Commutes In The United States
According to the Census Bureau, more than 3.2 million U.S. workers spend over 3 hours commuting to and from work each day. Commutes exceeding 90 minutes in each direction are known as “extreme commutes” in Census Bureau parlance. As compared to typical commute times nationwide, they’re aptly named. The national, average commute time is just 25.1 [...]
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