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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 four homebuilder stocks, including PulteGroup ($9.61 0%) and debt-ridden KB […]

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 the country. Professional/Personal Distinctions: 2007 Ryan Hill Rookie of the […]

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 has always had indemnification rules in place, it has made […]

Seattle homes below $200,000 gain buyers, not so in other markets

Buying a Home

Houses priced below $200,000 are receiving more attention in some markets while receiving less in others as borrowers react differently to record-high affordabilty. Home sales in Seattle rose to their highest level for a January in four years, driven by a more than 30% increase from a year earlier in sales of properties less than $200,000. Home prices trended lower, however, with the median sale price dipping to its lowest point in eight years, according to San Diego-based DataQuick. More than 2,500 new and resale houses and condos closed during […]

Home prices

Metro housing price declines overshadow small-market gains: LPS

Buying a Home

Home prices in December fell to a level not seen since September 2002, as depreciations in larger metros overshadowed gains in smaller markets. December was the sixth consecutive month in which prices fell, according to real estate analytics firm Lender Processing Services ($24.23). Of the 411 metropolitan statistical areas that LPS tracks, 402 showed average home price depreciation from the previous month. From June 2007 through December 2008 — the period of the quickest fall since prices peaked in June 2006 — national home prices declined at an average annual […]

Featured Gay Realtor: Robb Moss, Virginia Realty and Relocation, Richmond, VA

Buying a Home

It is my goal as your full service real estate agent specializing in the metropolitan Richmond area and surrounding counties, to provide you with superior service at all times. My local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home. Buying a home? I look forward to helping you select the home of your dreams by taking time to listen to your needs and desires. Selling a home? My real estate expertise and many effective marketing programs will give you […]

Economic and housing fears subside: Fannie Mae

Other

Americans’ economic fears are starting to subside with attitudes about personal finances, housing and employment improving, Fannie Mae said. Fannie ties this upswing in confidence to job gains made in recent months. A report from Automatic Data Processing Wednesday shows the private sector added 216,000 jobs last month. Respondents to Fannie’s national housing survey in February expect home prices to increase 0.8% on average over the next 12 months, while 15% believe home prices will fall and 53% believe prices will remain the same. The number of Americans who see […]

Raining Money Photo

FHA to lower refinance premiums

Mortgage Loan

The Federal Housing Administration will lower refinance premiums, and major mortgage servicers will provide relief to wrongfully foreclosed military members, the White House said. President Barack Obama detailed the new housing measures in a press conference Tuesday afternoon, as voters in 10 states head to polls in the latest primary battle between Republican presidential candidates. “This is not something the government by itself can solve,” Obama said. “But I’m not one of those people who can sit around and wait for the housing market to hit bottom.” The FHA will […]

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Repeat foreclosures hit an all-time high in January

Other

Foreclosure starts rose in January suggesting the pipeline is starting to move, according to the latest mortgage monitor report from Lender Processing Services ($23.69 1.27). LPS said foreclosure starts in the first month of 2012 rose 28% from December but fell 11.5% from a year earlier. The data firm says 203,458 starts were recorded in January, compared to 230,023 in January 2011. Repeat foreclosures hit an all-time high in January, representing 47% of all starts. LPS sees positive changes in the foreclosure pipeline, but says it’s too soon to call […]

Gay Realtor Janie Hunter

Featured Gay Realtor: Janie Hunter, Austin Homes Realty, Austin, TX

Buying a Home

We are an all Gay Owned & Operated Full Service Real Estate Brokerage. Our slogan is “Putting FAMILY First” and we do! We also own and operate a property management company, Austin Homes Management. Our goal is to use our expertise to take care of OUR community. Let us take care of you. You deserve it! Click here to search for a gay or lesbian real estate agent anywhere in the country. Professional/Personal Distinctions: Multi-Million Dollar Producers Our team are all Members of: Austin Gay & Lesbian Chamber of Commerce […]

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