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 »
According to Lender Processing Services, Inc., a leading provider of data and analytics to the mortgage and real estate industries, reported that as of November last year, 6.26 million properties were 30 or more days delinquent or in foreclosure. The data and analytics provider added that as of November of last year, 2.11 million properties were …
Foreclosures Will Continue to Hammer Home Prices in 2012, Inside Mortgage Finance Says Read More »
The National Association of Realtors (NAR), last Wednesday, revised or re-benchmarked its own home sales estimate from the original estimate of 5,157,000 average home sales for the 2007-2010 period to 4,420,000 or 14% lowered home sales estimate for the 4-year period. This revised data shows that fewer existing homes were sold from 2007 to 2010 than previously …
NAR Lowers the 2007 to 2010 Home Sales Estimates by 14% 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 »