U.S. Real Estate Market: Are There Positive Signs of Market Recovery?

WASHINGTON, D.C. - August 23, 2010 - (RealEstateRama) — The U.S. economy has made moderate gains in several key categories over the past few months. GDP growth has been positive, though hovering around 1% per quarter. Unemployment has leveled off as job losses have been abated, but the domestic hiring engine has sputtered of late. Corporate earnings have soared this past quarter by some 35 to 40% year-over-year, but growth overseas has been the winner while domestic production has remained flat. Consumer spending has always dragged our economy out of recession in the past, but retail sales show only marginal growth, and the sale of new homes are over 40% below where they were fifteen years ago.

{More»}

National Real Estate News

EUGENE, OR - September 2, 2010 - (RealEstateRama) — IDX, Inc. is pleased to announce Joseph Mercado, of Gig Harbor, Washington and Properties NW, has adopted a dynamic IDX solution to improve the accessibility and functionality of his real estate search page. As a member of the Northwest MLS (NWMLS), Mercado has long had the ability to scan thousands of listings to show his clients. Now, IDX Broker software gives home seekers the same opportunity to search through the NWMLS listings, from the convenience of his website. Never before has it been simpler or more effective to find the perfect home online, than it is with Mercado and his IDX synced real estate resource. more »

McLean, VA - September 2, 2010 - (RealEstateRama) — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), and for yet another week, fixed-rate mortgages reached record lows, as did the 5-year adjustable rate in this survey. (The 30-year fixed-rate survey began in 1971, the 15-year began in 1991, and the 5-year adjustable in 2005.) more »

Washington, DC - September 2, 2010 - (RealEstateRama) — Delinquency rates were mixed in the second quarter for commercial/multifamily mortgage investor groups, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report. more »

WASHINGTON, D.C. - September 2, 2010 - (RealEstateRama)
WHAT: MBA’s 2010 Quality Assurance & Residential Underwriting Conference focuses on the best ways for residential mortgage professionals to improve their business processes. more »

WASHINGTON, D.C. - September 2, 2010 - (RealEstateRama)
WHAT: MBA’s 2010 Mortgage Operations Conference address all aspects of the mortgage production process and is essential to anyone involved in strategic planning for mortgage operations. Join industry professionals and learn about the most recent developments in: more »

Funding to protect children from lead poisoning

WASHINGTON, DC - September 2, 2010 - (RealEstateRama) — The U.S. Department of Housing and Urban Development today announced that it is making approximately $110 million in grants available to help eliminate dangerous lead-based paint from lower income homes and to protect young children from lead poisoning. The grants to States and local governments are being offered through HUD’s Lead-Based Paint Hazard Control and Lead Hazard Reduction Demonstration Programs. more »

Pending Home Sales Rise

Washington, DC - September 2, 2010 - (RealEstateRama) — Following a sharp drop in the months immediately after expiration of the home buyer tax credit, pending home sales have modestly risen, according to the National Association of Realtors®. more »

Los Angeles, CA - September 1, 2010 - (RealEstateRama) — George Russell of Charles Dunn Company’s West Los Angeles office negotiated the sale transaction of a 10,000-square-foot industrial property at 4521-25 W. Jefferson Blvd. in Los Angeles. more »

Nation’s top lenders agree to give NSP grantees first crack at buying foreclosed homes

WASHINGTON, DC - September 1, 2010 - (RealEstateRama) — U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced an unprecedented agreement with the nation’s top mortgage lenders to offer selected state and local governments, and nonprofit organizations a “first look” or right of first refusal to purchase foreclosed homes before making these properties available to private investors. more »

McLean, VA – Freddie Mac (OTC: FMCC) announced today that it will not issue a Reference Notes® security on September 1, 2010. The company’s 2010 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities. more »

Older Posts »

Real Estate Press News