by admin | Sep 24, 2008 | News
WASHINGTON – Sept. 24, 2008 – Existing-home sales were down in August following a healthy gain in July as tight mortgage credit curtailed activity, according to the National Association of Realtors (NAR). Sales rose in the Midwest and South but fell in the Northeast...
by admin | Sep 23, 2008 | News
ORLANDO, Fla. – Sept. 23, 2008 – While a number of factors have contributed to a home sales decline in Florida, an increase in foreign homebuyers has modified the trend, according to a just-released research paper from the National Association of Realtors (NAR), the...
by admin | Sep 22, 2008 | News
Sept. 22, 2008 – Increasingly, sellers seeking short sales are encountering a new twist. Lenders are agreeing to let some short sales go through, but they want the home owners to sign a note promising to pay some or all of the balance due – debts that could burden...
by admin | Sep 19, 2008 | News
WASHINGTON – Sept. 19, 2008 – Rates on 30-year mortgages dropped sharply again this week, falling to the lowest level in seven months, as rates continue to decline following the government’s dramatic takeover of mortgage giants Fannie Mae and Freddie Mac....
by admin | Sep 18, 2008 | News
JACKSONVILLE, Fla. – Sept. 18, 2008 – Two big-ticket purchases are coming up for Spencer Craven and his fiancee. They’re buying a townhome and having a wedding. Which will cost them more this year? “Oh, I don’t know,” Craven said with a laugh....