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NAR: Pending home sales up for 4th straight month

July 2nd, 2009 8:36 pm
WASHINGTON – July 2, 2009 – Pending home sales show a sustained uptrend, rising for four consecutive months, according to the National Association of Realtors®. Very favorable housing... [Read More]

Florida’s $8K program effective today but not available yet

July 1st, 2009 12:58 pm
TALLAHASSEE, Fla. – July 1, 2009 – Florida created a program to help first-time homebuyers get their federal tax credit early, allowing them to use up to $8,000 toward a downpayment. The e... [Read More]

Lawmakers look at rising scams for reverse mortgages

June 30th, 2009 12:21 pm
U.S. lawmakers heard testimony about problems with reverse mortgages, such as increasing fraud cases. Read more.... [Read More]

Data suggest more moving out of Fla.

June 29th, 2009 12:12 pm
Moving company reports on relocation find that Florida's population remains stable at best and may be diminishing. Read more.... [Read More]

Mortgage rates tick up, remain above lows

June 26th, 2009 12:42 pm
Freddie Mac says 30-year fixed mortgages averaged 5.42% this week; analysts fear higher rates threaten a housing recovery. Read more... [Read More]

May new-home sales dip 0.6%

June 25th, 2009 11:50 am
The Commerce Dept. said sales were at a seasonally adjusted rate of 342,000; many analysts think January was the bottom. Read more.... [Read More]

Not paying the mortgage, yet stuck with the keys

June 24th, 2009 12:19 pm
More homeowners are badly behind on their loans but banks have not yet foreclosed, which can take 9 months to start. Read more.... [Read More]

Florida’s existing home, condo sales up in May 2009

June 23rd, 2009 12:18 pm
ORLANDO, Fla. - June 23, 2009 - Florida's existing home sales rose in May - the ninth month in a row that sales activity increased in the year-to-year comparison, according to the latest housing data... [Read More]

Housing markets bump along bottom, head up in some areas

June 22nd, 2009 12:40 pm
Declining foreclosures, increasing home sales and higher average sale prices indicate markets may have bottomed out. Read more.... [Read More]

Consumer Confidence on the Rise

June 19th, 2009 1:31 pm
Consumer confidence recently saw its most dramatic rise in eight months, showing Americans are regaining their confidence in the U.S. economy. According to the Conference Board Consumer Confidence Index, which had improved considerably in April, May saw a

Mortgage rates fall back from 7-month high

June 19th, 2009 12:06 pm
Rates for 30-year home loans fell to 5.38% this week after soaring to a seven-month high last week. Read more.... [Read More]

Consumer agency wants to revamp lending

June 18th, 2009 12:22 pm
WASHINGTON – June 18, 2009 – A new consumer protection agency announced Tuesday by the Obama administration would overhaul current U.S. mortgage lending practices and boost oversight of th... [Read More]

Treasury provides $3B more for foreclosure program

June 17th, 2009 11:39 am
The Treasury gave Countrywide, part of BofA, the biggest boost. More than 32,000 borrowers are now participating in the plan. Read more... [Read More]

May U.S. housing construction jumps by 17.2 percent

June 16th, 2009 1:16 pm
Experts see it as an encouraging sign that the housing recession is bottoming out. Read more.... [Read More]

Young homeowners gain despite stagnant economy

June 15th, 2009 12:36 pm
Today's economy and the $8,000 tax credit are helping young people who couldn't enter the housing market a few years ago. Read more.... [Read More]
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