by admin | Oct 27, 2008 | News
To move the country out of this economic crisis, Congress and the next administration must place significant emphasis on restoring confidence in the housing market, Charles McMillan, the National Association of Realtors® president, testified to the House Financial...
by admin | Oct 27, 2008 | News
WASHINGTON – Oct. 27, 2008 – U.S. mortgage lenders are showing more willingness to rewrite loans for troubled homeowners, a trade organization said. “There’s really no reluctance anymore,” said Chairman-elect of the Mortgage Bankers Association David Kittle. “Lenders...
by admin | Oct 27, 2008 | News
WASHINGTON (AP) – Oct. 27, 2008 – Sales of new homes recorded an unexpected increase in September as median home prices dropped to the lowest level in four years. The Commerce Department reported Monday that sales of new single-family homes rose by 2.7% last month to...
by admin | Oct 27, 2008 | News
WASHINGTON – Oct. 17, 2008 – Rates on 30-year mortgages jumped to the highest level in eight weeks, squeezing some potential homebuyers out of the market, and reflecting how nervous lenders remain despite the massive global intervention in the credit markets. Mortgage...
by admin | Oct 24, 2008 | News
ORLANDO, Fla., Oct. 24, 2008 – For the first time in almost three years, Florida’s existing home sales rose in September, noting a 24 percent increase in activity in the year-to-year comparison; last month’s sales of existing condos statewide increased 11 percent in...
by admin | Oct 24, 2008 | News
Florida saw a drop in monthly foreclosures in October, but Orange County saw in an increase in pre-foreclosures, according to Foreclosures.com. Orange County reported 4,877 pre-foreclosure filings in October, 11 percent higher than the 4,387 filed a month prior,...
