Archives

WASHINGTON, D.C. - November 1, 2012 - (RealEstateRama) -- Apartment markets improved across all areas for the seventh quarter in a row, but the pace of improvement moderated according to the National Multi Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions. The survey’s indexes measuring Market Tightness (56), Sales Volume (51), Equity Financing (56) and Debt Financing (65) all measured at 50 or higher, indicating growth from the previous quarter.

Torrance, CA - October 31, 2012 - (RealEstateRama) -- When buying or selling a home, it has always been vital to have an agent who understands the local market and the complexities behind each transaction. However, as the multifaceted real estate busin...

Washington, DC - October 30, 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 adjustable-rate mortgage (ARM) contracts, was 3.56 percent based on loans closed in September. There was no change in percentage from the previous month. In March of 2012, FHFA began calculating interest rates using un-weighted survey data.

WASHINGTON, D.C. - October 25, 2012 - (RealEstateRama) -- Sales of newly built, single-family homes rose 5.7 percent to a seasonally adjusted annual rate of 389,000 units in September, according to newly released figures from HUD and the U.S. Census Bureau. This is the fastest sales pace recorded since April of 2010.

WASHINGTON, D.C. - October 24, 2012 - (RealEstateRama) -- Mortgage applications decreased 12.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 19, 2012.

Washington, DC - October 24, 2012 - (RealEstateRama) -- U.S. house prices rose 0.7 percent on a seasonally adjusted basis from July to August, according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). The previously reported 0.2 percent increase in July was revised downward to a 0.1 percent increase. For the 12 months ending in August, U.S. prices rose 4.7 percent. The U.S. index is 15.9 percent below its April 2007 peak and is roughly the same as the June 2004 index level.

LOS ANGELES, CA - October 23, 2012 - (RealEstateRama) -- A continued lack of housing inventory constrained California pending home sales in September, while the share of equity sales reached its highest level in four years, CALIFORNIA ASSOCIATION OF RE...

WASHINGTON, DC - October 19, 2012 - (RealEstateRama) -- September existing-home sales declined modestly, but inventory continued to tighten and the national median home price recorded its seventh back-to-back monthly increase from a year earlier, according to the National Association of Realtors®.

WASHINGTON, D.C. - October 17, 2012 - (RealEstateRama) -- Mortgage applications decreased 4.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 12, 2012. This week’s results include an adjustment to account for the Columbus Day holiday.

WASHINGTON, D.C. - October 17, 2012 - (RealEstateRama) -- Nationwide production and permitting of new homes rose sharply in September to their highest levels in more than four years, according to newly released figures from HUD and the U.S. Census Bureau. A 15 percent gain brought the pace of new housing construction to a seasonally adjusted annual rate of 872,000 units, while an 11.6 percent gain brought the pace of permit issuance to 894,000 units. These were the strongest numbers seen in both categories since July of 2008.

LOS ANGELES, CA - October 15, 2012 - (RealEstateRama) -- A continued shortage of available homes for sale lowered California home sales in September, while the median price reached the highest level in more than four years, the CALIFORNIA ASSOCIATION O...

COLUMBIA, S.C. - October 15, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its September Statewide Market Reports. In comparing the numbers to September 2011, New Listings in South Carolina increased 0.5 percent to 7,173, wh...

WASHINGTON, D.C. - October 10, 2012 - (RealEstateRama) -- Mortgage applications decreased 1.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 5, 2012.

NEW YORK, NY - October 8, 2012 - (RealEstateRama) -- The Federal Reserve Bank of New York today released new data1 about the distressed residential real estate market, including the inventory of real estate owned properties, or REO. Through interactive...

MEMPHIS, TN - October 8, 2012 - (RealEstateRama) -- Memphis-area home sales for September rose 17.1 percent from a year ago, with 1,287 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales d...

WASHINGTON, D.C. - October 8, 2012 - (RealEstateRama) -- Construction employers added 5,000 jobs in September while the industry's unemployment rate hit 11.9 percent, according to an analysis of new federal data released today by the Associated General Contractors of America. Association officials cautioned that construction employment has been relatively flat for more than a year as growing demand for residential and some commercial projects has been offset by declining public sector construction activity.

WASHINGTON, D.C. - October 8, 2012 - (RealEstateRama) -- Construction employment declined in 164 out of 337 metropolitan areas between August 2011 and August 2012, increased in 130 and was stagnant in 43, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that construction employment in many areas was suffering as government and business officials delay projects in the face of federal tax and funding uncertainty.

WASHINGTON, DC - October 8, 2012 - (RealEstateRama) -- When working with a real estate professional, home buyers and sellers count on their agent to be accessible and easy to reach any time of day. The National Association of Realtors® is making this even easier for its members through a new collaboration with Sprint through the REALTOR Benefits® Program, which provides members with significant savings on wireless phone service plans.

LOS ANGELES, CA - October 3, 2012 - (RealEstateRama) -- California’s housing market will continue to recover in 2013, as home sales are forecast to increase for the third consecutive year and the median price to rise for the second straight year, acc...

WASHINGTON, D.C. - October 3, 2012 - (RealEstateRama) -- Mortgage applications increased 16.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 28, 2012.