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Showing page 3 of 11 (106 total posts)
  • 4 Keys Identified for a Full Housing Recovery

    Daily Real Estate News | Friday, January 17, 2014 --> In order to have a fully recovered housing market and economic recovery, economists point to the need for four positive indicators:  1. A healthy job market with low stable unemployment;  2. Mortgage delinquencies that have returned to historical averages;  3. ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 20, 2014
  • 2013 Traverse City area Real Estate Statistics - Market Improving

    Happy 2014 from Traverse City. The 2013 Traverse City / Grand Traverse area real estate market statistics are in for our local MLS/ 5 County area and the market has improved in every category as you can see by the attached document. If you or anyone you know has any selling or buying real estate needs please Contact Jon anytime, ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 13, 2014
  • FHA Closing Gap on Capital Shortfall

    Daily Real Estate News | Monday, December 16, 2013 --> A year ago, the Federal Housing Administration was projected to face a $16.3 billion shortfall, but the shortfall now has fallen to $1.3 billion, a new independent audit shows.  FHA received $1.7 billion in funds from the U.S. Treasury in September to help cover projected ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on December 16, 2013
  • Foreclosures Fall to 5-Year Lows

    Daily Real Estate News | Monday, November 25, 2013 --> National foreclosure pre-sale inventory is at its lowest point since 2008, Lender Processing Services reports.  The inventory—which reflects the number of loans that are in some stage of foreclosure—represents 2.54 percent of all mortgaged homes in LPS' ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 25, 2013
  • Lenders Loosen Down Payment Requirements

    Daily Real Estate News | Monday, November 18, 2013 --> Lenders' tight underwriting standards have been blamed for sidelining many potential home buyers the last few years. But lenders may be showing signs of loosening up a bit.  The average down payment on a 30-year, fixed-rate mortgage fell 2.74 percent from the second ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 19, 2013
  • High-Priced Properties Drive Housing Recovery

    Daily Real Estate News | Wednesday, November 06, 2013 --> Sales growth is strongest among homes in the highest home tiers, according to a new analysis of housing data from the National Association of REALTORS®. Homes in the above-median-priced categories are outselling homes in the lower-priced tiers.  Over the past year, ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 6, 2013
  • Housing Moves Toward 'Healthy Equilibrium'

    Daily Real Estate News | Thursday, October 17, 2013 --> The housing market is finding its center again, showing signs of greater balance, according to realtor.com’s latest National Housing Trend Report. The analysis finds year-over-year trends revealing strong gains in median list prices and declines in days on the ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 17, 2013
  • NAHB Says Housing Will Strengthen in 2014

    Daily Real Estate News | Monday, October 07, 2013 --> Despite many headwinds, the housing recovery is expected to pick up in the next year. “The cards are in play for a decent and fairly strong recovery in 2014 and particularly in 2015,” says David Crowe, chief economist for the National Association of Home Builders. ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 7, 2013
  • Foreclosure Starts Cut in Half

    Daily Real Estate News | Monday, September 30, 2013 --> Foreclosure starts have fallen to half the level they were a year earlier, according to second quarter data recently released from the Office of the Comptroller of the Currency.  In the second quarter, there were 150,592 foreclosures started—down 50.8 percent from the ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on September 30, 2013
  • Michigan's Foreclosure Rate drops 55%

    8 States With Biggest Foreclosures DropsDaily Real Estate News | Tuesday, September 17, 2013 --> The number of home owners entering the foreclosure process dropped below pre-recession levels in August, according to RealtyTrac. In some states, the declines were even more pronounced. Financial site 24/7 Wall St. reviewed the states with ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on September 17, 2013