May 15, 2012 (Chris Moore) Fixed rate loans, spurred by historically low mortgage rates, continued to be the overwhelming choice with borrowers who refinanced their home loans in the first quarter of 2012 according to Freddie Mac’s Quarterly Product Transition Report. […]
May 15, 2012 (Shirley Allen) A record percentage of purchases by investors helped push monthly sales of new and resale homes in the Las Vegas area higher in March, accounting for over half the purchases during the month, according to the latest data released from DataQuick. […]
May 15, 2012 (Jeff Alan) The list of improving metropolitan areas fell by one market this month, dropping to 100, leaving the Index at almost the same level it has been at over the last three months according to the NAHB/First American Improving Market Index (IMI). […]
May 14, 2012 (Shirley Allen) Sales of existing single-family homes in Texas fell from the fourth quarter of 2011 to the first quarter of 2012 but were still higher than a year earlier, while home prices remained flat compared to the previous quarter but were also higher than a year ago according to the latest [...]
May 14, 2012 (Jeff Alan) Wells Fargo is holding another Home Preservation Workshop, this time in Houston, Texas, on May 17th, 2012. The event is being held at the Reliant Center and will be open from 9:00 a.m. until 7:00 p.m. […]
May 14, 2012 (Chris Moore) Home sales continued to climb during the last month but at the slowest pace reported in the last two months, while home prices remained flat for a third consecutive week according to the weekly National Home Sales Snapshot released by DataQuick. […]
May 14, 2012 (Shirley Allen) First-time foreclosure starts hit a five month high in March helping to push overall foreclosure starts up 8.1 percent from the previous month according to the Mortgage Monitor Report released by Lender Processing Services (LPS), but rates were still more than 31 percent below last year’s levels. […]
Spring Home Sales Rise in Colorado May 11, 2012 (Shirley Allen) The positive effects of the spring home buying season were felt in Colorado as monthly sales of existing single-family homes and condominiums surged in March while home prices remained mixed according to the latest data from the Colorado Association of Realtors® (CAR). […]
May 11, 2012 (Jeff Alan) Wells Fargo reports that 9,447 active trial or completed loan modifications were started in March bringing the total amount of trial and completed modifications to 749,806 since its mortgage relief efforts began in March 2009. […]
