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RE/MAX Reports Northern Illinois Commercial Real Estate MarketExhibits Positive Signs for 2012
CHICAGO, IL - March 14, 2012 - (RealEstateRama) -- Northern Illinois can expect fewer empty storefronts in 2012. Renters will have fewer vacant apartments from which to choose and should expect to pay more to rent the units that are on the market. But we should not expect many new office buildings or strip malls to rise in the area this year, according to a survey of commercial brokers affiliated with the RE/MAX Northern Illinois real estate network.
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - March 14, 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 March 9, 2012.
Commercial/Multifamily Mortgage Debt Outstanding Flat in 4th Quarter; Down 0.6 percent in 2011
Washington, DC - March 14, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding was essentially unchanged in the fourth quarter of 2011, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA). On a year-over-year basis, the amount of mortgage debt outstanding at the end of 2011 was $14 billion lower than at the end of 2010, a decline of 0.6 percent.
Metro Atlanta Luxury Home Sales Report
ATLANTA, GA - March 9, 2012 - (RealEstateRama) -- Sales of million-dollar-plus homes in metro Atlanta at large were flat in 2011. Sound boring? Look a bit closer. While some high-end communities welcomed scores of new neighbors last year, others were l...
Outer Banks Real Estate Owners Invited to Volunteer at 4th Annual Duck and Wine...
Outer Banks, NC - March 8, 2012 - (RealEstateRama) -- The annual Duck and Wine Festival is back on its fourth year and Outer Banks real estate owners are more than welcome to apply for volunteer posts. Those interested in participating in the event may...
University of Missouri Declares Intent to Invest in Startup Ventures
Columbia, MO - March 8, 2012 - (RealEstateRama) -- According to University System Pres. Tim Wolfe, a pair of MU research teams had been recently selected to receive almost $1M in terms of capital. The pair’s choice had resulted from a rigorous review...
An Indianapolis Home for Sale Will Benefit from PicturesqueSurroundings as Depicted in the 6th...
Indianapolis, IN - March 8, 2012 - (RealEstateRama) -- How beauty can be defined is truly subjective, but when captured in a photograph by a professional, something as simple as an Indianapolis homes for sale can be immediately transformed to a work ...
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - March 7, 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 March 2, 2012.
Housing Affordability Index Hits Record High
Washington, DC - March 7, 2012 - (RealEstateRama) -- Housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of Realtors®.
National Quilting Day As Introduced by Pinellas County Short Sale Realtor Wendy Smith
Crystal Beach, FL - March 7, 2012 - (RealEstateRama) -- To celebrate one of the most historically significant pastimes of the nation, Pinellas County short sale realtor Wendy Smith. invites locals and visitors alike to join in the festivities for Natio...
THE LAUREL REPORTS $23MM IN FEBRUARY SALES
NEW YORK, NY - March 7, 2012 - (RealEstateRama) -- The Laurel Condominium, located on the Upper East Side, reports brisk activity with over $23 million in sales in February. The building is experiencing tremendous interest, especially on the two an...
Syracuse NY Realtors Congratulate Judith Mower for Winning the 2012 Wisdom Keeper Award
New York, NY - March 7, 2012 - (RealEstateRama) -- Syracuse NY realtors warmly extend their felicitations to Ms. Judith Mower, this year’s recipient of the Wisdom Keeper award. The awarding ceremony will take place at the Nicholas J. Pirro Convention...
University of Missouri Phelps County Extension Now Accepting Class Applications for Volunteer Training with...
Columbia, MO - March 7, 2012 - (RealEstateRama) -- The University of Missouri Phelps County Extension started a volunteer training program with their Master Gardeners in 1997. Now in its 15th year, the program has opened again to accept applications fo...
Large NYC Apartments More Popular Than Ever
New York, NY - March 6, 2012 - (RealEstateRama) -- Whereas real estate condo developers in the past focused on apartments for singles and couples, they are lately rethinking their strategies and changing layouts to create three-, four- and even five-be...
Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - February 29, 2012 - (RealEstateRama) -- Mortgage applications decreased 0.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 24, 2012. This week’s results are adjusted for the Presidents Day holiday.
Federal Housing Finance Agency Reports Mortgage Interest Rates
Washington, DC - February 28, 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 4.25 percent based on loans closed in January. This is an increase of 0.10 percent from the previous month
FHA TAKES ADDITIONAL STEPS TO BOLSTER CAPITAL RESERVES
WASHINGTON, DC - February 28, 2012 - (RealEstateRama) -- As part of ongoing efforts to encourage the return of private capital in the residential mortgage market and strengthen the Federal Housing Administration’s (FHA) Mutual Mortgage Insurance Fund, Acting FHA Commissioner Carol Galante today announced a new premium structure for FHA-insured single family mortgage loans. FHA will increase its annual mortgage insurance premium (MIP) by 0.10 percent for loans under $625,500 and by 0.35 percent for loans above that amount. Upfront premiums (UFMIP) will also increase by 0.75 percent.
January Pending Home Sales Rise, Market on Uptrend
Washington, DC - February 27, 2012 - (RealEstateRama) -- Pending home sales are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year ago, according to the National Association of Realtors®.
January Pending Home Sales Index
LOS ANGELES, CA - February 24, 2012 - (RealEstateRama) -- Pending home sales in California climbed in January from both the previous month and the previous year, according to data collected by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Additio...
California Housing Starts Dip Across the Board in January, CBIA Announces
SACRAMENTO, CA - February 23, 2012 - (RealEstateRama) -- The state’s homebuilders pulled permits for fewer new single-family and multifamily homes in January when compared to the previous month and when compared to January 2011, the California Buildi...