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May 2013 RealtyTrac Foreclosure Report Shows Strength For The US Housing Market
RealtyTrac recently reported that national foreclosure filings are down while foreclosure filings are seeing marked increases in some states.
read moreUpswing In April 2013 Jobs Report Signals Good News For Real Estate
The Bureau of Labor Statistics released its monthly Non-farm Payrolls and National Unemployment Rate for April last Friday. These two reports are collectively called the Jobs Report.
165,000 jobs were added in April, while the unemployment rate dropped from 7.60 percent in March to 7.50 percent in April.
read moreWhat's Ahead For Mortgage Rates This Week – May 6, 2013
Mortgage rates fell last week and approached or reached record low levels. According to Freddie Mac, the average rate for a 30-year fixed rate mortgage (FRM) fell from 3.40 percent to 3.35 percent. Average rates for a 15-year FRM moved from 2.61percent to 2.56 percent.
read moreFed Meeting Statement Points To Continuing Low Interest Rates
Wednesday’s Federal Open Market Committee (FOMC) statement indicates the Federal Reserve’s commitment to keeping long term interest rates and inflation under control.
read moreCase-Shiller Home Price Indices Post Highest Growth Rates Since 2006
Housing markets continue to improve according to the S&P Case Shiller Home Price Indices released April 30 for Februaryâs data.
The Indices consist of a 10-City Composite Index and a 20-City Composite Index with housing markets for each city reported based on a three-month rolling average of home prices.
The data released yesterday comprised the Indicesâ highest growth rates since May 2006.
read moreUnderstanding And Purchasing Distressed Property For Profit
According to the the latest Foreclosure Inventory Analysis showed nearly 1.5 million properties were currently in the foreclosure process or being held by banks as Real Estate Owned.
This was up 9 percent from the first quarter of 2012, but down significantly from the apex of foreclosure activity — 2.2 million units — in December 2010.
read more5 Important Questions To Ask Before You Invest In Solar Power For Your Home
If you’ve been considering taking your home in a green direction, April is the perfect month to make an environmentally friendly update. Installing a solar energy system may be a very smart way to help the environment.
read moreHARP Loan Extended Through 2015
Breaking News! The HARP Loan is extended another 2 years until December 31, 2015.
read moreWhat's Ahead For Mortgage Rates This Week – April 22, 2013
Mortgage rates fell for the third consecutive week. According to Freddie Mac, the average rate for a 30-year fixed rate mortgage fell by two basis points to 3.41 percent as compared to last week’s 3.43 percent and 3.90 percent year-over-year.
read moreFour Ways To Ensure Your House Sells Quickly And For Top Dollar
Selling a house in the current market can be tricky, but there are certain mistakes an owner can make that will cause a home to sit still without a decent offer and cause the listing to go stale.
In order to prevent that from happening, make sure you are not making one of the following mistakes when putting your property on the market.
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