8/23/2010 11:30:00 AM
22 Cities in Danger of a Double-Dip Recession
by Hibah Yousuf, Staff Reporter Saturday, August 21, 2010 (Courtesy of Moody's Economy.com) The chance of a national double-dip recession is hotly debated amid an increasing number of signs that the economic recovery is losing pace, but the risk is particularly ...
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5/13/2010 10:39:00 AM
Stevens: “Incredible” Market Ahead
May 12, 2010 By Robert Freedman, senior editor, REALTOR® Magazine With the housing recovery still fragile, it’s hard to look ahead with anything but caution. However, the long-term prospects for the market are “incredible,” FHA Commissioner ...
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5/13/2010 10:30:00 AM
10 Cities with Lowest Rates of Home Equity
Despite generally rising home prices, home equity continues to fall in many cites hardest hit by the unraveling of the real estate market. Equity continues to drop because of resetting mortgage rates, job losses, and high rates of foreclosure depressing home ...
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5/13/2010 10:27:00 AM
Mortgage Rates Hit 6-Week Low
Freddie Mac reports that the average interest for 30-year fixed mortgages was 5 percent this week, down from last week's 5.06 percent. Meanwhile, 15-year fixed loans averaged 4.36 percent versus 4.39 percent over that same time span. Rates on five-year, ...
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3/3/2010 4:18:00 PM
Fraud Didn't Cause Housing Meltdown
Daily Real Estate News | February 24, 2010 | The financial crisis was the result of home buyers’ rational reactions to misaligned incentives – not fraud, argues Todd Zywicki, a George Mason University law professor and a Mercatus Center senior ...
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3/3/2010 4:14:00 PM
Should Buyers Try to Beat the Tax Credit?
Daily Real Estate News February 26, 2010 Some potential home buyers say they're holding out until the tax credits expire on the theory that prices will decline once the buying incentive is gone. One person who commented on the dilemma on Zillow.com wrote: ...
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3/3/2010 3:16:00 PM
Fed: Interest Rates to Remain Low
Daily Real Estate News | February 25, 2010 Investors breathed a sigh of relief Wednesday when Federal Reserve Chair Ben Bernanke told Congress that interest rates are likely to remain low for an extended period. The economy, he said, "still requires support ...
Views: 214
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2/11/2010 1:22:00 PM
Fourth Quarter Home Sales Surge 13.9%
Daily Real Estate News | February 11, 2010 | Strong gains in existing-home sales were the predominant pattern in most states during the fourth quarter, with many more metro areas seeing prices rise from a year earlier, according to the latest survey by the ...
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2/10/2010 10:24:00 PM
4 Reasons to Sell Now
Daily Real Estate News | February 8, 2010 | Selling a property in this tough market can seem like a challenge. Here are four factors that actually make this a good time to post a For-Sale sign. Sell low and buy low . Because all property values are down, the ...
Views: 246
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2/10/2010 3:32:00 PM
Property Values Fall Again
Daily Real Estate News | February 10, 2010 | U.S. home values declined another 5 percent in the fourth quarter, compared to the previous year. This was the 12th straight quarter of year-over-year declines, reported Zillow.com. More than 29 percent of homes ...
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