More first-time home buyers have tough time entering the market Los Angeles Times Los High unemployment for young people, strict lending standards and massive student debt loads are among the factors hurting entry-level buyers. Read Full Story Survey: Single-family renters more likely to stay longer The Wall Street Journal Renters who opt for single-family homes […]
Headlines in Real Estate for week ending February 8th 2013
As prices continue to push higher, FHA continues to raise its reserves passing the cost on to new borrowers which could leave many wouldbe home buyers on the outside looking in. Here are the real estate headlines you may have missed this week: FHA to hike premiums on mortgages CNNMoney The Federal Housing Administration, which […]
Headlines in Real Estate for week ending January 25th 2013
Housing inventory continues to remain low making it difficult for today’s buyers, Dec homes sales dip slightly and we get a guarranty for 2013. Here are the top real estate headlines you may have missed for this week. Loans for fixer uppers The New York Times Low housing inventory has resulted in a lack of […]
December Existing-Home Sales Down but Who Cares
Existing-home sales dipped slightly in December and that may be news worthy but among the data delivered Tuesday by the NATIONAL ASSOCIATION of REALTORS®, there is a much more important take away. Here are the most significant points of NAR’s release. December’s existing-home sales, which do not include new construction were down 1% month-over-month however, year-over-year sales […]
Headlines in Real Estate for week ending January 4th 2013
With the new year comes new regulations aimed at protecting homeowners, the cliff avoided and much more. Here are the real estate headlines you may have missed. New homeowner protections go into effect Jan. 1 San Diego Union-Tribune The start of the new year brings more protections to California homeowners, mainly those who are trying […]
Headlines in Real Estate for week ending November 16th 2012
Predictions: Home prices to rise 15% in 3 years, less foreclosures hitting the auction block, the hassles of appraisals and much more. Here are the real estate headlines you may have missed: New short-sale program offers relief for underwater homeowners (via Los Angeles Times) One of the federal government’s most-important financial relief efforts for underwater homeowners started operating […]
Headlines in Real Estate for week ending November 2nd 2012
Principal mortgage reductions, home prices, first time buyers, going green paying off, foreclosures drop & much more. Here are the real estate headlines you may have missed this week: Principal relief for stressed homeowners (via San Francisco Chronicle) A limited number of underwater homeowners in California will soon be able to get principal reductions of up to […]
Headlines in Real Estate for week ending October 26th 2012
This week we’ve seen lots of real estate news from a law suit aimed at major financial institution to the decrease in inventory across the nation, especially lower priced homes. Here are the headlines in real estate you may have missed this week: End is nigh for certain tax exemptions (via The New York Times) Currently, any debt forgiven […]