January 2012
Monthly Archive
31 Jan 2012 04:52 pm
Consumer Sentiment Picks up in Fourth Quarter
(MCT)—The lower-than-expected annualized growth rate of 2.8 percent reported Friday for the final three months of 2011 raises doubts about the strength of the U.S. recovery, and concerns that 2012 may be another year of muddling along.
Most mainstream economists …
31 Jan 2012 04:45 pm
Mixed Mortgage Messages: Originations Decline but Quality Soars
Mortgage originations plunged 10.1 percent from November to December, continuing a decline from 2011’s September peak. At the same time, loans originated over the last two years have proved to be some of the best quality originations on record.
New …
30 Jan 2012 05:04 pm
Survey Reveals Nation’s Leading Real Estate Firms: RISMedia Annual Power Broker Survey Launches Today
Despite a challenging real estate market, the industry’s leading residential brokerage firms continue to demonstrate resiliency and growth, and will prove this by participating in RISMedia’s 24th Annual Power Broker Report & Survey. As the industry’s preeminent report ranking the industry’s top brokerages, this listing of the real estate industry’s “who’s who” has long served [...]
30 Jan 2012 04:57 pm
Investors with Cash Fuel Uptick in Home Sales
Regional Spotlight—Investors with cash continued to reap a harvest of bargain-priced bank-owned and short sale properties across the San Francisco Bay Area in the fourth quarter of 2011, sparking a slight uptick in home sales compared with the same period …
29 Jan 2012 01:05 pm
The Power of Belief and Expectation
While you may not always get what you want, you will almost always get what you expect. Surprisingly, the power of belief and expectation work just as effectively on your feelings of self-doubt and limitation as they do on your …
29 Jan 2012 01:04 pm
New Initiative Will Coordinate Probes of Mortgage Meltdown
(MCT)—The Obama administration’s new effort to investigate the causes of the nation’s mortgage meltdown will focus on coordinating the often overlapping state and federal investigations and on holding accountable those whose misconduct led to the global financial crisis.
A team …
29 Jan 2012 01:03 pm
Take Advantage of Record Low Rates before They Rise
Low interest rates, as we all know, are making history. Last week, according to an article found on CNNMoney, “rates on both the 30-year and 15-year fixed loans fell to new records, at 3.89 percent and 3.16 percent, respectively, according …
28 Jan 2012 12:02 am
Remodeling Market Index Rises to Five-Year High
Remodeling sentiment rose to the highest level in five years, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) for the fourth quarter of 2011. Released yesterday, the RMI increased to 46.6 in the fourth quarter …
28 Jan 2012 12:01 am
Obama HARP Expansion Builds on New Refi Momentum
In his recent State of the Union speech, President Obama announced he will push for legislation that will significantly expand the newly revised HARP program that allows underwater homeowners to refinance at today’s historically low rates.
Obama’s expansion would allow …
26 Jan 2012 04:31 pm
Builders Commend White House Focus on Helping Homeowners
The National Association of Home Builders (NAHB) commends President Obama for offering proposals in the recent State of the Union address to help families stay in their homes and stanch foreclosures, and is urging policymakers to take additional actions to …
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