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Weekly Market Statistics 05/13/2013 thru 05/19/2013 303 New Listings 107Sold Listings 290 Pending Sales By Classification 80 Residential $19,000 to $1,075,000 Median $156,200 Mean $213,681 22 Vacant Land $12,000 to $440,000 Median $79,000 Mean $97,527
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Mortgage Giants to Limit Loan Purchases to 'Qualified Mortgages' Daily Real Estate News | Tuesday, May 07, 2013 --> Mortgage giants Fannie Mae and Freddie Mac will begin next year to purchase only loans that meet new “qualified mortgage”
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Daily Real Estate News | Tuesday, May 07, 2013 --> Delinquencies on home loans dropped in March to 0.84 percent of the nation's 50.2 million mortgages -- the first month since 2007 that delinquencies were below the 1 percent mark, Lender Processing
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April 15, 2013 Numbers don't lie, and the statistics and stories alike point to a new real estate boom in Traverse City. The residential real estate rebound is a classic case of supply and demand, with supply of homes in Traverse City down 41 percent
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Daily Real Estate News | Thursday, March 14, 2013 --> Several economists have recently revised their predictions on housing values to reflect a stronger-than-expected real estate rebound, and some have even doubled their original forecasts over the rise
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Daily Real Estate News | Thursday, March 14, 2013 --> RealtyTrac counted a total of 154,281 U.S. properties with foreclosure filings — default notices, scheduled auctions, or bank repossessions — last month. The number is up 2 percent from
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Daily Real Estate News | Tuesday, March 05, 2013 --> The Federal Housing Finance Agency (FHFA) announced Monday that mortgage giants Fannie Mae and Freddie Mac will create a new joint company for securitizing home loans. The move is viewed as a step toward
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Daily Real Estate News | Tuesday, March 05, 2013 --> A very tight mortgage lending environment “promises improvements this year as the drivers of tough credit standards reverse,” according to Moody’s Analytics ResiLandscape Report. Still,
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Daily Real Estate News | Friday, February 15, 2013 --> The housing market is in recovery mode, but overall activity still remains near historic lows, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for February. "Across
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Daily Real Estate News | Tuesday, January 29, 2013 --> Home owners looking for the most return on their investment when it comes to remodeling should consider exterior replacement projects. According to the 2013 Remodeling Cost vs. Value Report , REALTORS®
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Daily Real Estate News | Wednesday, January 23, 2013 --> Forget the myth that winter is a bad time to sell real estate. While sales usually inch lower in the cooler months, some real estate pros are saying this winter in particular may be a great time
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Daily Real Estate News | Friday, January 11, 2013 --> First-time home buyers are playing a larger role in the housing market, but they’re finding big changes. Thirty-nine percent of home sales nationwide were from first-time home buyers during the
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Daily Real Estate News | Wednesday, January 02, 2013 --> Record low mortgage rates and rising consumer confidence has been helping to give the housing market a lift and helped it become the hottest trade in 2012, CNBC reports. For example, stock shares
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Weekly Market Statistics 11/26/2012 thru 12/02 /2012 119 New Listings 97 Sold Listings 256 Pending Sales By Classification 74 Residential $18,000 to $1,235,000 Median $142,750 Mean $174,953 20 Vacant Land $5,300 to $401,000 Median $36,500 Mean $63,652
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By Nick Timiraos Agence France-Presse/Getty Images One reason? Falling inventories of homes for sale. Home prices rose by 0.1% in September from the prior month and by 3.6% from one year ago, the largest such gain in six years, according to a report released
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