Monthly Archives: December 2012

Loan Demand for Home Purchases Hits Another High

Mortgage applications for home purchases reached a new high for the year for the third consecutive week, as 30-year mortgage rates sank to a new all-time low, the Mortgage Bankers Association reported Wednesday. The MBA’s index measuring mortgage application activity … Continue reading

Posted in Uncategorized | Leave a comment

Home Owners Overly Optimistic About Home’s Value

Seventy-five percent of home owners say they think their home is worth more than the agent’s recommended list price, according to HomeGain’s fourth quarter home values survey. Meanwhile, 63 percent of home buyers say homes are overpriced. Thirty-six percent of … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Buyer Urgency Expected to Drive 2013

Home shoppers will likely have more urgency in the new year, wanting to buy before home prices rise even more. Home prices are edging up in most markets, and buyers are taking notice. Buyer surveys recently have shown that home … Continue reading

Posted in Uncategorized | Leave a comment

Loan Demand for Home Purchases Hits Another High

Mortgage applications for home purchases reached a new high for the year for the third consecutive week, as 30-year mortgage rates sank to a new all-time low, the Mortgage Bankers Association reported Wednesday. The MBA’s index measuring mortgage application activity … Continue reading

Posted in Uncategorized | Leave a comment

Who’s Calling the Shots: Buyers or Sellers?

The housing market is changing, creating a “new playing field for home owners, who are finally able to sell, as well as would-be buyers who’ve been delaying a purchase in anticipation that prices would keep falling,” Money Magazine reports.  Mortgages … Continue reading

Posted in Uncategorized | Leave a comment

More Americans Say Now Is a Good Time to Sell

More Americans are growing confident about selling, with the share of those who say now is a good time to sell rising 5 percentage points in November to 23 percent and reaching its highest level since Fannie Mae started its … Continue reading

Posted in Uncategorized | Leave a comment

Short Sales Surge Before Potential Tax Hike

DAILY REAL ESTATE NEWS | THURSDAY, DECEMBER 06, 2012 Real estate professionals are rushing to get short sales completed before the end of the year. That’s when a tax break expires that could leave borrowers responsible for paying any unpaid … Continue reading

Posted in Uncategorized | Leave a comment