by countyproperties | Dec 23, 2011 | Latest News, Real Estate news
Sales of existing homes rose 4% in November, according to the National Association of Realtors, which is revising its benchmarks for sales and inventory data since 2007. The trade group said sales of single-family homes, townhomes, condos and co-ops increased to a...
by countyproperties | Dec 23, 2011 | Latest News, loan modification, Real Estate news, Short Sales
Borrowers who received foreclosure counseling through a national program were twice as likely to receive a modification, according to a study released Monday. The Urban Institute evaluated roughly 800,000 homeowners who took help from the National Foreclosure...
by countyproperties | Dec 23, 2011 | Latest News, Real Estate news
Housing starts shot higher by 9.3% in November, according to Commerce Department data, climbing to the highest level of the year. On a seasonally adjusted basis, starts increased to 685,000 from 627,000 for October, which was revised downward 1,000. November housing...
by countyproperties | Dec 10, 2011 | Finance, Latest News, Real Estate news
Barclays Capital analyst Stephen Kim predicts a housing recovery buoyed by improving jobs numbers and the fact prices for nondistressed homes will have stabilized without government support. “In the absence of a government homebuyer incentives, prices for...
by countyproperties | Dec 3, 2011 | Latest News, Real Estate news, Riverside Real Estate, San Diego Real Estate
Pending home sales soared more than 10% in October and remain above year-ago levels, in a hopeful sign for the nation’s housing market, according to the National Association of Realtors. NAR’s pending home sales index,a forward-looking indicator based on...
by countyproperties | Dec 3, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
New York City foreclosure filings dropped 32% in the third quarter over last year. Lenders filed 3,168 foreclosures on single-family and multifamily properties during the quarter, according to a study from New York University Furman Center for Real Estate and Urban...
