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Dallas Foreclosures for Sale Hinders Full Market Recovery
Dallas foreclosures for sale are still clogging the housing market and pulling down home prices and values. This trend prevents the housing market from obtaining full recovery. " Dallas foreclosures for sale continue to clog the market, dragging down home prices and values....Bargain Bank Foreclosure List Holds Back Home Market Recovery
Total home sales in May rose by 2.4 percent from April. However, the median price dropped by 16.8 percent as one property on bank foreclosure list was included in every three houses sold last month."Properties on bank foreclosure list still have a significant share in home...Rising: Foreclosure Listings, Jobless Rates, Home Sales
With rising unemployment levels, analysts said foreclosure listings will continue to grow despite modest gains in home sales. " Positive economic figures in March, such as increased home sales, increased consumer...Stimulus Bill to Stop Foreclosure and To Benefit First Time Ho...
As the housing market continues to fall due to falling home prices and home sales, and the flood of foreclosures, the government continues to come up of ways to address these problems. " With the $819 billion economic stimulus bill passed by the House, first time home buyers...Declining Mortgage Rates Helps Foreclosure Prevention
The mortgage interest rates provided by Freddie Mac are presently at their lowest in years. This trend has been a good opportunity for homeowners who are facing foreclosure to take advantage of loan refinancing options. " From 6.06 percent last year, the average for 30-year...U.S. Home Resales Fall; Prices Drop by Record 13.2%
Home sales in the US are falling rapidly, and economists are predicting that they will fall further as increasing unemployment saps demand for new homes, even though interest rates have been cut so dramatically. " Sales of previously owned homes in the U.S. fell more than...
Home Sales Activity in California Soar 65%
Last September, home sales activity in California jumped by 65 percent as median home price drop by 34 percent from last year. Most of the activity was generated by bargain hunters who are buying up much of the... Home Sales Drop 10.7%
A mixed bag in terms of housing market news. Big drops but perhaps not as big as it could have been."The good news is, the pace of the Housing slow down is now decelerating. The bad news, there is no bottom in sight. And seasonally, we usually see an uptick in...Home Sales Activity in South California Jumps 13.8%
Last month, home sales activity in Southern California rose for the very fist time since 2005. The said increase is believed to be the result of the huge discounts being offered for both existing and foreclosure...April Sales: Still Not Looking Good for the Housing Market
From a report released by the National Association of Realtors, it seems that home sales for the month of April slowed down. It is therefore not surprising that inventory of homes for sale soared by 10 percent and...Massachusetts Sees Home Sales Increase in April
With home prices at historic lows all across the country and the federal interest rate extremely low, economists and government officials are hoping that sooner or later people will start to take advantage and buy...South Florida Home Prices Fall, But Will Sales Rise?
South Florida home prices continued to drop in February even as the national real estate market showed a slight, unexpected sign of improvement after months in the doldrums.An average home sold for around $306,000 here -- down more than $50,000 from the same time last year....Banks increase provisions for loan losses
" The National Association of Realtors reported that sales of existing single-family homes and condominiums dropped by 1.2 percent last month to a seasonally adjusted annual rate of 4.97 million units. The median price of a home sold last month declined to $207,800, a drop...Real estate on the verge of a “blogging revolution
"Weblogs are now commonly used as a marketing tool by major businesses in global proportions. In a national symposium on real estate technology held last month in New York, panelists believe the industry was on the “cusp of blogging revolution.”" Full StoryFuture of Sarasota Real Estate Market
"Although experts have perceived a bleak future for Florida real estates, within the state lie a region whose real estate market continue to flourish. Sarasota continues to be a haven for vacationers and retirees with its overlooking bay and white beaches. Sarasota is on the...
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