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Marketing & Statistics

Marketing & Statistics

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 11, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 6, 2012.

RE/MAX Hot Air Balloon to Visit Charles Gates Dawes Elementary School in Chicago on...

CHICAGO, IL - April 10, 2012 - (RealEstateRama) -- The RE/MAX Hot Air Balloon will pay a visit at Charles Gates Dawes Elementary School, 3810 W. 81st Pl., in the Ashburn neighborhood of Chicago, on April 17 when the balloon crew will present an interactive educational program developed and sponsored by the RE/MAX metro Chicago real estate network.

RE/MAX Hot Air Balloon to Visit Andrew Cooke Magnet Elementary on April 18

CHICAGO, IL - April 10, 2012 - (RealEstateRama) -- The RE/MAX Hot Air Balloon will visit Andrew Cooke Magnet Elementary School, 522 Belvidere Road, Waukegan, Ill., on April 18 when the balloon crew will present an interactive educational program developed and sponsored by the RE/MAX Northern Illinois real estate network.

MBA: Fourth Quarter Mortgage Banker Production Profits Decline Despite Higher Origination Volumes

WASHINGTON, DC - April 5, 2012 - (RealEstateRama) -- Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,093 on each loan they originated in the fourth quarter of 2011, down from $1,263 per loan in the third quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Fourth Quarter 2011 Mortgage Bankers Performance Report released today.

Jones Lang LaSalle Reports Manhattan’s Trophy Buildings Boosting Rents Citywide

NEW YORK, NY - April 5, 2012 - (RealEstateRama) -- Most of the gains in Manhattan’s average asking rental rates over the past year can be attributed to increases in rates for the city’s trophy buildings. Starting rents in some of New York’s troph...

Jones Lang LaSalle Sees Flat New York Office Market in 1st Quarter of 2012

NEW YORK, NY - April 5, 2012 - (RealEstateRama) -- Jones Lang LaSalle announced the New York office market remained relatively flat in the first quarter of 2012. Average asking rental rates rose slightly as more expensive office space is added to the...

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - April 4, 2012 - (RealEstateRama) -- Mortgage applications increased 4.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 30, 2012.

15-Year Chicago Real Estate Veteran Jee Joins RE/MAX Premier Properties on Gold Coast

CHICAGO, IL - April 3, 2012 - (RealEstateRama) -- During a time in which real estate offices across the region are downsizing, RE/MAX Premier Properties at 1205 N. Dearborn Pkwy. in Chicago’s fashionable Gold Coast neighborhood continues to add to its roster of top producing real estate agents. Mona Jee, a well known real estate veteran with 15 years experience, is the latest to join the Chicago real estate brokerage.

HOPE NOW: 45K Proprietary Loan Mods for Homeowners in February

WASHINGTON, DC HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its February 2012 loan modification data. An estimated 45,000 homeowners received permanent, affordable loan modifications via proprietary programs from mortgage servicers during the month.

Investment and Vacation Home Sales Surge in 2011

Washington, DC - March 29, 2012 - (RealEstateRama) -- WASHINGTON (March 29, 2012) – Sales of investment and vacation homes* jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors®.

Northwest Indiana Housing Market in January and February Outpaces 2011

Indianapolis, IN - March 28, 2012 - (RealEstateRama) -- So much for the winter doldrums for some area realtors. According to the latest housing data compiled by RE/MAX of Indiana, the Northwest Indiana real estate market recorded modest growth for the ...

Saint Joseph Housing Market in January and February Outpaces 2011

Indianapolis, IN - March 28, 2012 - (RealEstateRama) -- So much for the winter doldrums for area realtors. According to the latest housing data compiled by RE/MAX of Indiana, the Saint Joseph County real estate market recorded strong growth for the ear...

NYU FURMAN CENTER QUARTERLY HOUSING REPORT FINDS HOME SALES DOWN IN EVERY BOROUGH, FORECLOSURES...

WASHINGTON, D.C. - March 28, 2012 - (RealEstateRama) -- According to the New York City Quarterly Housing Update (Q4 2011) released by NYU's Furman Center for Real Estate and Urban Policy, home sales volume continued to decline in the fourth quarter of 2011, with the number of transactions citywide down 15 percent from the previous quarter and 11 percent from the fourth quarter of 2010.

Refinance Applications Drop for Sixth Consecutive Week

WASHINGTON, D.C. - March 28, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 23, 2012.

California pending home sales climb from previous month and year; tight inventory in distressed...

LOS ANGELES, CA - March 27, 2012 - (RealEstateRama) -- Pending home sales in California gained ground for the second consecutive month in February, while the share of equity sales posted higher after two months of decline, the CALIFORNIA ASSOCIATION OF...

Christina Ethridge, of The Ethridge Group Launches New Short Sale Service for Idaho

Coeur d'Alene, ID - March 27, 2012 - (RealEstateRama) -- Christina Ethridge is CEO of The Ethridge Group based in Coeur d'Alene and just announced an exclusive new short sale service designed to help homeowners who owe more on their home than it's curr...

Federal Housing Finance Agency Reports Mortgage Interest Rates

Washington, DC - March 27, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.08 percent based on loans closed in February. Beginning this month, FHFA is calculating interest rates using un-weighted survey data. For January, a comparable rate based on unweighted data would have been 4.18 percent.

ABA RELEASES REAL ESTATE LENDING SURVEY

WASHINGTON, DC - March 27, 2012 - (RealEstateRama) -- The increasing regulatory burden, growing compliance costs and ambiguity over rules still in the pipeline left real estate lending conditions mostly unchanged from the previous year, according to the American Bankers Association’s 19th annual Real Estate Lending Survey.

February Existing-Home Sales Slip But Up Strongly From a Year Ago

Washington, DC - March 26, 2012 - (RealEstateRama) -- February existing-home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of Realtors®. Sales were up in the Midwest and South, offset by declines in the Northeast and West.

FHFA House Price Index Unchanged in January

Washington, DC - March 22, 2012 - (RealEstateRama) -- U.S. house prices were unchanged on a seasonally adjusted basis from December to January, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.7 percent increase in December was revised downward to reflect a 0.1 percent increase. For the 12 months ending in January, U.S. prices fell 0.8 ercent. The U.S. index is 19.2 percent below its April 2007 peak and roughly the same as the February 2004 index level