Archives
More than 7,000 Homes, Businesses Affected by Power Outage
SEATTLE - December 28, 2011 - (RealEstateRama) -- Gusty winds are causing scattered outages across Seattle City Light’s service territory Christmas day. Outages are leaving more than 7,000 customers without power. Some of the largest outages are in t...
New-Home Sales Rise for Third Consecutive Month in November
WASHINGTON, D.C. - December 23, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes edged up 1.6 percent to a seasonally adjusted annual rate of 315,000 units in November, according to newly released figures by the U.S. Commerce Department. This marks the third consecutive monthly gain in new-home sales and the fastest pace of such activity since April.
FHFA House Price Index Falls 0.2 Percent in October
Washington, DC - December 22, 2011 - (RealEstateRama) -- U.S. house prices fell 0.2 percent on a seasonally adjusted basis from September to October, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.9 percent increase in September was revised downward to reflect a 0.4 percent increase. For the 12 months ending in October, U.S. prices fell 2.8 percent. The U.S. index is 19.2 percent below its April 2007 peak and roughly the same as the February 2004 index level.
Praxius Technology Provides Real Estate Social Media Marketing Training For Agents and Loan Officers
AMHERST, NH - December 21, 2011 - (RealEstateRama) -- Praxius Technology, a leading real estate marketing technology company based in New Hampshire, is launching extensive real estate social media marketing training for agents and loan officers who collaborate using the company's Lender Agent Collaborative (http://praxiustechnology.com/services/lac)
Existing-Home Sales Continue to Climb in November
Washington, DC - December 21, 2011 - (RealEstateRama) -- Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors®. Also released today were periodic benchmark revisions with downward adjustments to sales and inventory data since 2007, led by a decline in for-sale-by-owners.
Outer Banks Oceanfront Real Estate Absorption Rate
Outer Banks, NC - December 20, 2011 - (RealEstateRama) -- This is the third year in a row with increased real estate sales across all sectors of the Outer Banks real estate market from the low end properties all the way up to oceanfront real estate.
Hatters Island Oceanfront Home Absorption Rate
December 20, 2011 - (RealEstateRama) -- Hatters Island, on the south end of the Outer Banks, is in the middle of an oceanfront home shortage. No need to worry though, because the shortage is only because there are not enough oceanfront houses for sale...
Kill Devil Hills Oceanfront Home Absorption Rate
Outer Banks, NC - December 19, 2011 - (RealEstateRama) -- For those interested in selling their Kill Devil Hills oceanfront home, right now is not a bad time to give it a try. Jumbo loans are available and there are plenty of people with down payment m...
November market report data correction
COLUMBIA, S.C. - December 19, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) released its November 2011 statewide market reports last week, which included an error in the MLS statistics for Greater Columbia. The original statewide report sh...
Southern Shores Oceanfront Home Absorption Rate
Outer Banks, NC - December 17, 2011 - (RealEstateRama) -- You don' t see a whole lot of turnover along the Southern Shores oceanfront. People who own beachfront homes in Southern Shores tend to hold onto their properties longer than their contemporarie...
California home sales and median price post increases in November, C.A.R. reports
LOS ANGELES, CA - December 15, 2011 - (RealEstateRama) -- California home sales posted an increase both on a monthly and annual basis in November, marking the fifth consecutive month of year-to-year sales increases, according to figures released today ...
South Carolina REALTORS® release November Market Numbers
COLUMBIA, S.C. - December 15, 2011 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its November 2011 statewide market reports. Home prices are one of the most popular barometers of market vitality, yet they only tell part of the st...
Duck Oceanfront Home Absorption Rate
Outer Banks, NC - December 15, 2011 - (RealEstateRama) -- The recession seems to be affecting different segments of the population differently. While all we ever hear about are the people who lost their jobs and who lost their houses and trashed their ...
Refinance Applications Increase as Rates Drop to 2011 Lows in Latest MBA Weekly Survey
WASHINGTON, D.C. - December 14, 2011 - (RealEstateRama) -- Mortgage applications increased 4.1 percent from one week earlier, driven by a surge in refinance applications, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 9, 2011
Corolla Beachfront Home Absorption Rate
Outer Banks, NC - December 13, 2011 - (RealEstateRama) -- To calculate the absorption rate for beachfront homes sales in the OBX vacation destination of Corolla you have to figure the amount of time it will take to sell off all the available real estat...
Lee & Associates Closes Lease Deal and Two Sales, as East Valley Commercial Real...
Phoenix, AZ - December 9, 2011 - (RealEstateRama) -- Lee & Associates Arizona is pleased to announce a pair of commercial property sales and a five-year lease in the East Valley. In the first deal, the Freeway Executive Center II office developmen...
November Market Report
MEMPHIS, TN - December 8, 2011 - (RealEstateRama) -- Memphis-area home sales for November jumped 28.4 percent from a year ago, with 1,076 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales...
Pinellas County Short Sale Realtor Shares the Good News for Pinellas County Home Buyers
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...
CONSTRUCTION SPENDING INCREASES FOR THIRD STRAIGHT MONTH IN OCTOBER; HOMEBUILDING, PRIVATE NONRESIDENTIAL SEGMENTS RISE,...
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.
Mortgage Applications Decrease in Latest MBA Weekly Survey
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