Archives

Crystal Beach, FL - December 2, 2011 - (RealEstateRama) -- As stated in pinellascounty.org, Pinellas County has reduced its Home Key First Mortgage interest rate to 4% to first-time Pinellas, Pasco & Polk County homebuyers. Assistance for the down...

WASHINGTON, D.C. - December 1, 2011 - (RealEstateRama) -- Construction spending increased for the third straight month in October as private activity strengthened while public spending shrank, the Associated General Contractors of America reported today in an analysis of new Census Bureau data. Association officials cautioned that further declines in public sector activity may soon swamp gains in homebuilding and private nonresidential investment.

WASHINGTON, D.C. - November 30, 2011 - (RealEstateRama) -- Mortgage applications decreased 11.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 25, 2011. This week’s results include an adjustment to account for the Thanksgiving holiday

Washington, DC - November 29, 2011 - (RealEstateRama) -- U.S. house prices rose in the third quarter of 2011 according to the Federal Housing Finance Agency¡¦s (FHFA) seasonally adjusted purchase-only house price index (HPI). The HPI, calculated using home sales price information from Fannie Mae- and Freddie Mac-acquired mortgages, was 0.2 percent higher on a seasonally adjusted basis in the third quarter than in the second quarter. On an unadjusted basis, prices rose 0.7 percent during the quarter. Over the past year, seasonally adjusted home prices fell 3.7 percent from the third quarter of 2010 to the third quarter of 2011.

WASHINGTON, D.C. - November 28, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes inched up 1.3 percent to a seasonally adjusted annual rate of 307,000 units in October, according to newly released data from the U.S. Commerce Department. The gain is from a downwardly revised rate in the previous month, and marks the best pace of new-home sales activity since this May.

WASHINGTON, D.C. - November 28, 2011 - (RealEstateRama) -- According to the New York City Quarterly Housing Update (Q3 2011) released by NYU’s Furman Center for Real Estate and Urban Policy, home sales volume remained low in the third quarter of 2011, with the number of properties sold citywide four percent lower than the number sold in the third quarter of 2010. The one year decline in the number of sales transactions was particularly large in Queens, with volume down nine percent from the third quarter of 2010.

WASHINGTON, D.C. - November 23, 2011 - (RealEstateRama) -- Mortgage applications decreased 1.2 percent from one week earlier (which included the Veterans Day holiday), according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 18, 2011.

LOS ANGELES, CA - November 22, 2011 - (RealEstateRama) -- Pending home sales in California rose in October and were up from the previous year for the sixth consecutive month. Additionally, distressed home sales rose in October from both the previous m...

SACRAMENTO, CA - November 22, 2011 - (RealEstateRama) -- California housing production increased for the third consecutive month in October as builders pulled permits for 17 percent more housing units when compared to October 2010, the California Build...

Deerfield Beach, FL - November 22, 2011 - (RealEstateRama) -- South Florida’s commercial real estate market is showing signs of life, and Florida real estate developer Stiles is seeing the benefits. Greater availability of project financing, growing ...

Washington, DC - November 22, 2011 - (RealEstateRama) -- The Federal Housing Finance Agency 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 4.19 percent based on loans closed in October. This is a decrease of 0.19 percent from the previous month.

Reston, VA - November 21, 2011 - (RealEstateRama) -- Calkain Companies, a national real estate investment brokerage firm, recently completed the sale of an investment property ground leased to Chili’s on a long-term, NNN basis. The purchaser was a private investor seeking a passive, incoming-producing asset. The property is located at The Peterson Companies’ Virginia Gateway Center in Gainesville, VA.

Washington, DC - November 21, 2011 - (RealEstateRama) -- Existing-home sales improved in October while the number of homes on the market continued to decline, according to the National Association of Realtors

WASHINGTON, D.C. - November 17, 2011 - (RealEstateRama) -- The seasonally adjusted delinquency rate for mortgage loans on one-to-four-unit residential properties fell to 7.99 percent in the third quarter of 2011, according to data from the Mortgage Bankers Association’s (MBA) National Delinquency Survey. This is the lowest level recorded since the fourth quarter of 2008.

WASHINGTON, D.C. - November 17, 2011 - (RealEstateRama) -- Single-family housing starts rose 3.9 percent to a seasonally adjusted annual rate of 430,000 units in October, according to newly released data from the U.S. Commerce Department. This improvement was somewhat masked by an 8.3 percent decline in multifamily starts that kept the combined number for nationwide housing production virtually flat at 628,000 units in October. Meanwhile, single-family permits also posted a measurable gain of 5.1 percent to 434,000 units in the latest report, which is their fastest pace since December of 2010.

LOS ANGELES, CA - November 16, 2011 - (RealEstateRama) -- California home sales posted a marginal increase in October and also were above year-ago levels, according to figures released today from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

WASHINGTON, D.C. - November 16, 2011 - (RealEstateRama) -- Mortgage applications decreased 10.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 11, 2011. This week’s results include an adjustment to account for the Veterans Day holiday.

Phoenix, AZ - November 15, 2011 - (RealEstateRama) -- We’re never at a loss for words….until we need them. Between current restraints in the work environment which prevent tapping discretionary marketing budgets to the busy lives which challenge even the most sentimental friend, family member, or grateful colleague from personalizing that moment, face, or memory to wrap into the most eloquent of holiday gifts, ONE THING IS CERTAIN: THE HOLIDAYS ARE IN FULL SWING.WE’RE PREPARING TO SING ‘AULD LANG SYNE’ FOR ANOTHER YEAR

COLUMBIA, S.C. - November 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its October 2011 statewide market reports. Record low mortgage rates, affordable prices and favorable negotiating leverage seem to be driving purcha...

WASHINGTON, D.C. - November 15, 2011 - (RealEstateRama) -- The amount contractors pay for a range of key construction materials dropped slightly (-0.6 percent) in October but climbed 6.9 percent from the year-earlier level, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Meanwhile, the price contractors charge for new nonresidential building construction edged up only 3.3 to 4.3 percent over 12 months, depending on building type.