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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 p…
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 …
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…
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 …
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 qua…
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 …
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 action…