I am writing this based on various websites throughout the US. The rental market has been up and down this year but now in late August and the beginning of September it is going strong. My guess it that people were watching the Olympics and there has been a huge flood in the […]
Like the normal trend in the rental market around this time as soon as school starts the rental market get very slow. This would make sense to anyone in a normal market but in this horrible rental and real estate market this might be the time to rent. There are so many rentals […]
NEW YORK (CNNMoney.com) — Interest rates for long-term mortgages held steady this week as the troubled housing market continued to weigh on the nation’s economy, Freddie Mac reported Thursday.
The government-backed mortgage finance giant said rates for 30-year fixed-rate mortgages averaged 6.52% for the week ending Thursday, unchanged from last week.
The recent average remains lower from […]
NEW YORK (CNNMoney.com) — The number of pending homes for sale rose in June, a rebound from the previous month, according to a report released Thursday.
The National Association of Realtors’ Pending Home Sales Index rose 5.3% in June to 89 from a downwardly revised reading of 84.5 in May.
The index remains 12.3% below its level […]
International real estate purchases in the U.S. continue to be a significant share of business for many real estate professionals, according to the 2008 National Association of Realtors® Profile of International Home Buying Activity.
This new research indicates that international buying activity in the U.S. is widespread. NAR estimates that between 150,000 and 190,000 homes were […]