The Experts You Can Trust
One in five American baby boomers have gifted, loaned or co-signed a loan to their children or grandchildren for a down payment on a home, this according to the latest survey commissioned by Better Homes & Gardens Real Estate and Research Solutions Inc. “Our data shows that they (baby boomers) are using what they’ve earned …
Baby Boomers are Helping their Children Become Home Buyers, Study Shows Read More »
The combined decline in home prices and mortgage interest rates gives way to the dramatic improvement in housing affordability, this according to Fiserv Case-Shiller, a leading global technology provider serving the financial services industry. “Housing affordability has improved dramatically because of declines in both prices and mortgage interest rates,” David Stiff, chief economist at Fiserv, …
Home Prices & Mortgage Interest Rates Declines Result to Dramatic Housing Affordability Read More »
The National Association of Realtors (NAR) announced last Wednesday that existing-home sales rose in November this year and stayed above one year ago. “The latest monthly data shows total existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 4.0 percent to a seasonally adjusted annual rate of 4.42 million in …
Existing-Home Sales Continue to Rise in November 2011, NAR says Read More »
The U.S. Federal Housing Finance Agency (FHFA) reported that 4,000 responded to the Request for Information of FHFA, the Department of Housing and Urban Development (HUD), and Department of the Treasury regarding the question on what to do with the single-family real estate owned (REO) properties held by Fannie Mae, Freddie Mac, and the Federal …
What To Do with Real Estate Owned Properties (Part 2) Read More »
On a year-over-year basis, or October 2011 compared to October 2010, the U.S. national home prices, including distressed sales, fell by 3.9%, this according to CoreLogic, a leading provider of information, analytics and business services. Distressed sales, according to CoreLogic, include real estate owned (REO) transactions and short sales. For the month of October 2011, …
U.S. Home Prices Down by 3.9% on a Year-Over-Year Basis Read More »