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A ‘Mega Force’ Emerging in Housing?

Other

The Latino population is becoming a growing force in the housing market, with this demographic’s purchasing power more than doubling over the past decade, according to a new report by the National Association of Hispanic Real Estate Professionals called “The State of Hispanic Home Ownership 2011.” The purchasing power of Latinos grew to $1.1 trillion in 2011 and is projected to reach $1.6 trillion by 2016, according to NAHREP. Rapid population growth (the Hispanic population more than tripled between 1980 […]

Featured Austin Realtor: The Basun Team Shannon Bailey – Val Sundell Keller Villiams

Buying a Home

Domestic Partners for 29 years, Val and Sharron have lived in Austin for 20 years. After separate careers in other professions, Sharron and Val decided to go into the real Estate business about 4 years ago and have enjoyed working together ever since. We give the same commitment and effort to our clients from all cultural and economic backgrounds that we have given to our own relationship. The result is that we have been having a great time working with […]

Colorado foreclosures edge up, auction sales slow down

Other

Foreclosure filings rose 3.5% in Colorado’s major metro areas last month, growing from 1,986 filings in February of 2010 to 2,056 in the most recent period, the Colorado Division of Housing said Wednesday. At the same time, foreclosure auction sales reached a five-year low, with total sales down 6.7% from 2011, making it the lowest February sales total since 2008. The housing division cautioned against trying to extrapolate a larger connection between the two events. Ryan McMaken with the Colorado […]

Mortgage applications decline 2.4%

Mortgage Loan

The number of mortgage applications filed in the U.S. fell 2.4% for the week ended March 9 as refinancing activity declined, an industry trade group said. The Mortgage Bankers Association released its Market Composite Index – a measure of monthly loan application volume on Wednesday. The report shows the refinancing index falling 4.1% on a seasonally adjusted basis, making it the fourth consecutive weekly decline. Home purchases, on the other hand, soared as the MBA’s purchase index rose 4.4%. Still, […]

Hope Now, Nevada governor partner to help struggling homeowners

Other

Several of the largest mortgage servicers will be in Las Vegas Friday and Saturday to work with struggling Nevada homeowners, under a program sponsored by Hope Now and Gov. Brian Sandoval. The free, two-day event will allow homeowners to explore possible alternatives to foreclosure. Since 2008, Las Vegas hosted four similar events, which have assisted almost 5,500 area homeowners, Hope Now said. The last event was in January 2011. Mortgage servicers participating include American Home Mortgage, Bank of America, Chase, […]

Purchasing power increases among Latinos

Buying a Home

Purchasing power among Latinos in the U.S. rose to $1.1 trillion in 2011, a sign of continued growth in influence on the economy and housing market, according to a real estate trade group. The National Association of Hispanic Real Estate Professionals said many factors, including relative young age, population growth and increased incomes likely signal a heightened share of Hispanic homebuyers. Latinos saw purchasing power more than double over the past decade, compared to a 52% increase for the country […]

Gay Realtor Don Robinson

Featured Gay Realtor: Don Robinson, Premier Properties of Texas, PLR Estate, Austin, TX

Buying a Home

I believe that I have the right mix to make your real estate experiance a great one. I have been in Real Estate for over 30 years. I received my BBA in Finance and Real Estate from the University of North Texas. I have taught Real Estate courses for the Professional Development Institute, and have served on local, state and national committees. I try to use my expertise, innovative ideas, and integrity, to make your real estate transactions the easiest […]

Homebuilder spring selling season off to solid start

Other

The homebuilder spring selling season just started, but reports from the field confirm that sales activity in communities are materializing in a way not seen in years, Barclays Capital said. “We believe the spring selling season has arrived strongly enough to kick-start a positive feedback loop in housing for the first time since 2005,” BarCap analysts said after discussions with executives of some of the largest companies in the industry. As a result of the newly inspired optimism, Barclays upgraded […]

Featured Gay Realtor: Cathy Packer, Ryan Hill Realty, Elmhurst, IL

Buying a Home

It is important that the clients I work with are comfortable with my services and trust that I will meet their every need. I have lived in the suburbs of Illinois since 1997 and attended graduate school at Western Illinois University where I earned a Masters of Science degree. I currently live in Elmhurst, but am familiar with many areas in the western suburbs of Chicago. Click here to search for a gay or lesbian real estate agent anywhere in […]

HUD expected to increase fraud claims with FHA refi changes

Mortgage Loan

Changes to the Federal Housing Administration streamlined refinance process is expected to benefit homeowners with a mortgage originated before June 2009. However, an analyst at the Royal Bank of Scotland warns that the Department of Housing and Urban Development will likely increase its indemnification demands for lenders that, it feels, wrongfully wrote the new mortgage. “We expect HUD to be more active in seeking claims for fraud,” said mortgage securities analyst Jeana Curro in an email to clients, “while HUD […]

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