News / Features
Clear Capital’s monthly Home Data Index Market Report was released today, with the current results demonstrating that quarterly U.S. home prices decreased 2.3 percent; however, this is a sign of improvement in light of last month’s report marking a
In 2008, Fannie Mae and Freddie Mac received $164.4 billion from the Treasury Department; the mortgage giants pay a 10 percent dividend each quarter-leading to a first quarter payment of $12.4 billion from Fannie, and a $11.6 billion payment
Movoto statistics from May show that listing prices rose 2.5 percent since April in 16 major metropolitan areas, establishing an average median listing price of $246,000; inventory for May was also on the rise, with the market acquiring an
In the continually unpredictable market, mortgage applications fell .04 percent in the beginning of June/end of May, said Housing
Any adjustments in real estate will impact the sensitive market, but some real estate professionals worry that the widely debated QRM proposal, which requires 20 percent down on all mortgages, will be “detrimental to the housing sector,” said Agent
With so many recent foreclosures, it’s no surprise that homeowners are going through hard times, but in South Florida, Bank of America made a unique mistake–mistakenly foreclosing the home of Warren and Maureen Nyerges in February of 2010, said
Almost 40 percent of homeowners nationwide who took out second mortgages are underwater on their loans. That is more than twice the rate of owners who didn’t take out such loans. According to the Wall Street Journal, nearly 40
South Florida’s single-family home prices have dropped again; home prices have posted modest increases during two past summers as government incentives pumped demand, but seem to have fallen still, according to the Miami
“State of the Housing Market,” a report from Harvard University’s Joint Center of Housing Studies showed that 70.8 million Americans can afford a mortgage today, an increase from the amount that could four years
Due to enforcement of upcoming laws, mortgage loan limits will be reduced for Fannie Mae, Freddie Mac and the Federal Housing Administration in October 2011, according to National Association of Home
Florida’s real estate community has been the victim of many fraudulent crimes, from those who pose as agents, to mortgage fraud criminals; now one of their own — a real estate agent, Barbara Lockett — has taken advantage of
A Realtors’ median income for 2010 was $34,100 last year, a four-and-a-half percent drop from the previous 3 percent decline from 2009, said United Press
Real estate organizations, FIABCI and ICREA signed an agreement of alliance at last week’s ICREA board meetings in Berlin, seeking to “optimize the combined strength of the two groups and maximize the benefits for the professional real estate community
According to Agent Genius, data from NAR shows the average real estate agent — residential and commercial — had eight transactions in 2010. Despite the number of transactions being less than one per month, the good news is this
The 2011 NAR Member Guide reports that nearly two thirds of all Realtors have had a website for at least five years. Of that number, half use social media and only 10 percent blog on a daily
Dale Atkins and Dennis Stevick of DND Associates join the team of ONE Sotheby’s International Realty. These two top producing agents together have more than 20 years experience in the Fort Lauderdale real estate
