Daily Real Estate News
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Existing-Home Sales Record Big Gains
Existing-home sales are up and inventories are down, thanks in large part to the home buyer tax credit.
Fastest-Growing 'Burbs Dive in 2008
Areas where real estate was the main economic driver are now losing population.
Fed May Stay in Mortgage Securities
A representative of the Federal Reserve has suggested that the organization will continue to invest in mortgage-backed securities, but will adjust its portfolio as the economy changes.
Foreclosures Becoming Party Central
Foreclosed and vacant homes in some areas are being targeted as party sites by local "entrepreneurs."
FSBO Sites Charging for Services
While many basic features on Web sites that assist FSBOs are free, some services may cost money.
GM: If Housing Rebounds, So Will Trucks
Detroit is keeping an eye on housing starts, as an increase may bode well for pickup truck sales.
Real Estate Market FAQs
Practitioners and consumers have many of the same questions about where housing is headed. Here are a few answers provided by industry experts.
Wanted: Selling Sources
Do you have a story to tell about a recent sale? How about your first sale? We want to hear about it!
15-Year Rate Hits Record Low
The average rate for 15-year mortgages dipped to a new bottom this week, and the 30-year rate approached its record low as well.
Delinquent Mortgages Reach Record Levels
The percentage of mortgages in some state of foreclosure has hit a new high, but housing experts still see brighter days ahead.
Fannie Mae 'En Espanol'
The secondary mortgage finance organization has gone bilingual.
Green Renovations to Gain Market Share
According to the research firm SBI Energy, the market for green renovation products will grow 50 percent faster than the rest of the renovation sector.
Hiring Boom for Mortgage Restructuring
Due to the need for mortgage restructuring, loan servicers are among the few businesses hiring right now.
Housing at Its Most Affordable in Years
The typical U.S. family could afford more than two-thirds of all homes sold during the third quarter of this year.
