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March 2010 - Posts
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The U.S. House of Representatives passed health care reform legislation Sunday night, with revisions passing both the House and Senate Thursday. Read more > Read More...
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Lowering balances and temporary help for unemployed borrowers are part of the Obama administration's expanded foreclosure prevention program. Read more > Read More...
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Forbes ranked the U.S. cities with the lowest foreclosures and delinquencies, where buyers get the best terms and interest rates from banks. Read more > Read More...
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Sales declined 0.6 percent nationally in February, though gains were reported in the Northeast and Midwest, according to the NATIONAL ASSOCIATION of REALTORS. Read more > Read More...
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The average rates for 30-year fixed loans stopped just short of 5 percent this week, according to Freddie Mac. Read more > Read More...
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New foreclosures are expected in the coming months due to a high number of home owners behind on their mortgage, according to a new government report. Read more > Read More...
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The federal government's incentives for lenders to expedite the short-sale process take effect in two weeks. Read more > Read More...
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In Money's Magazine's annual home-price projections, Santa Rosa, Calif., tops the list of gainers, while Miami is cited as the biggest loser. Read more > Read More...
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Administrative fees charged in real estate transactions have been a source of confusion since a federal court last year ruled them in violation of RESPA. Read more > Read More...
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A study by the U.S. Census reveals that those near retirement are staying close to major cities with employment opportunities. Read more > Read More...
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By increasing the number of Americans with health insurance, the health care reform bill could spark rising interest in medical office space. Read more > Read More...
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Peter Breitlander - Residential Sales by Unit and Dollar Volume John Federici - Residential Sales by Unit and Dollar Volume John Racich - Residential Sales by Unit and Dollar Volume The entire 2009 Sales Award Special Edition of Chicago REALTOR Magazine Read More...
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Analysts believe that an increase in jobs and available credit have helped start the housing recovery. Read more > Read More...
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The number of foreclosed homes that banks are sitting on is rising, and housing values could go down when these distressed properties are put on the market. Read more > Read More...
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Representatives from Credit Suisse and FTN Financial Capital Markets predict that rates will remain between 5 and 5.25 percent for 2010. Read more > Read More...
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According to new data from the U.S. Census Bureau and the Pew Research Center, the number of Americans living in multi-generational households is on the rise. Read more > Read More...
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Federal Reserve is committed to keeping interest rates low, though it will stop buying mortgage-backed securities at the end of March. Read more > Read More...
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Rates for 30- and 15-year mortgages barely inched up this week, which Freddie Mac attributes to the impact of snowy weather on the housing market. Read more > Read More...
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Stephen East of Ticonderoga Securities reports that spring is keeping builders busy across the country. Read more > Read More...
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Housing has stalled recently but pieces are in place for broad-based improvement. Read more > Read More...
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The monthly survey by the National Association of Home Builders reports that member confidence index is down two points. Read more > Read More...
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3/10/10 purchase rates with 0 % points 30-yr fixed @ 5% 15-yr fixed @ 4.25% 5-yr ARM @ 3.75% 5-yr Interest Only @ 3.875% FHA 30-yr fixed @ 5% FHA 5-yr ARM @ 3.875% 30-yr fixed jumbo @ 6.125% 5-yr jumbo ARM @ 3.875% 5-yr Jumbo Interest Only @ 4.125% Purchase Read More...
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3/1/10 purchase rates with 0% points 30-yr fixed @ 5% 15-yr fixed @ 4.25% 5-yr ARM @ 4% 5-yr Interest Only @ 4.375% FHA 30-yr fixed @ 5% FHA 5-yr ARM @ 4.125% 30-yr fixed jumbo @ 6.5% 5-yr jumbo ARM @ 3.875% 5-yr Jumbo Interest Only @ 4.125% Purchase Read More...
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NAR data shows that existing-home sales declined in January, but are up significantly from the same time last year. Read more > Read More...
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Federal Reserve Chair Ben Bernanke told Congress that interest rates will stay low, reassuring borrowers and investors. Read more > Read More...
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The number of foreclosures for sale has decreased by about 25 percent from 2008. Read more > Read More...
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The IRS has clarified which documentation taxpayers need to submit to claim the first-time and move-up homebuyer tax credit. Read more > Read More...
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See which U.S. cities have had the biggest price jumps in single-family homes since last year, according to Altos Research. Read more > Read More...
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Some people believe home prices will go down after the incentive expires, and they're planning their purchases accordingly. Read more > Read More...
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Although the average interest rate for a convention fixed loan had flirted with record lows recently, it rose above 5 percent this past week. Read more > Read More...
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"[This] gives us growing confidence that the size of the problem now is about as bad as it will get," said Jay Brinkmann, MBA's chief economist. Read more > Read More...
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NAR's latest Commercial Real Estate Outlook reports that increased demand for office and warehouse space won't happen until the job market grows. Read more > Read More...
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A new report will list the median appraisal fees for 3,000-plus counties and districts in the United States. Read more Read More...
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