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Viewing by month: June 2012

Jun 27 2012

Pending Home Sales in May Soar to Highest Level in Two Years...

Prospective home-buyers signed the most contracts to buy existing homes last month in more than two years, according to new data from the National Assn. of Realtors.

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50 comments - Posted by Suzanne Baker at 9:49 PM - Categories:

Jun 15 2012

Calif. Hones Sell at Fastest Pace in Three Years...

California’s housing market moved at its fastest pace — and biggest year-over-year gain — in three years in May, according to the California Association of Realtors.

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48 comments - Posted by Suzanne Baker at 12:44 PM - Categories:

Jun 10 2012

Discussion: Is the Housing Market Bottoming Out?

Has the housing market hit bottom? It depends on where you are – and whom you ask. Developments posed the question to a handful of economists, real-estate agents and industry watchers. Here are their thoughts:

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339 comments - Posted by Suzanne Baker at 11:45 AM - Categories: Real Estate News

Jun 7 2012

Mortgage Rates Sink to New Record Low...

30-year mortgage rates have fallen to an all-time low, says Freddie Mac.

NEW YORK (CNNMoney) -- Mortgage rates have fallen to a new record low, according to Freddie Mac, and the stagnant economy is to blame.

The 30-year fixed-rate mortgage dropped to an average of 3.67% in the week ended June 7, Freddie Mac said Thursday.

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33 comments - Posted by Suzanne Baker at 4:22 PM - Categories:

Jun 1 2012

Home Ownership Still Holds High Emotional Value...

Despite the economic downturn, a study conducted by Coldwell Banker and psychotherapist Dr. Robi Ludwig found that even though people’s feelings about homeownership have changed, owning a home is still very much a goal for many Americans.

Coldwell Banker conducted the online survey through Harris Interactive and polled more than 2,100 adults aged 18 and older. One of the findings stated while 79 percent of U.S. adults indicated the recession has caused society to rethink the concept of homeownership, 91 percent agreed owning a home is part of the American Dream.

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56 comments - Posted by Suzanne Baker at 4:41 PM - Categories:

     
   
 
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