Real Estate News Archives
May 2011
- Pending home sales drop in April
According to the National Association of Realtors' most recent information, pending home sales during April experienced a decline.May 31st, 2011 4:32am - Personal income grows, provides optimism for real estate market
According to the most recent release from the U.S. Department of Commerce, personal and disposable income both increased during April.May 31st, 2011 4:31am - National foreclosure figures increase slightly during first quarter
According to the most recent data released by RealtyTrac, the number of transactions involving distressed properties nationwide increased slightly during the first quarter of 2011.May 26th, 2011 4:22am - Home Price Index falls 0.3 percent during March
The Federal Housing Finance Agency's home price index declined for March, revealing that property prices throughout the country were 0.3 percent lower than February.May 26th, 2011 4:21am - Houston single-family home sales plummet in April
According to the most recent information released by the Houston Association of Realtors, home sales in the region during April did not reflect the improvement experienced across the country.May 25th, 2011 7:53am - Commercial real estate could experience increased demand
A report from the National Association of Realtors relayed that one result of the recent increase in jobs nationally could mean more demand for commercial real estate.May 25th, 2011 7:50am - Past-due mortgage payments not likely to represent further credit risks
A recent report from TransUnion discovered that those who defaulted on their mortgage as a result of the economic recession are not as likely to be credit risks as others with multiple past-due accounts.May 24th, 2011 8:15am - New budget could lead to 'massive state layoffs' in Texas
Recently, Texas legislators came to an agreement on a two-year, $80.6 billion budget for the state.May 23rd, 2011 9:34am - Declining foreclosure rate not necessarily a good thing
A recent article for the Express-News discussed how the declining foreclosure rate, both nationally and specifically in San Antonio, might not necessarily be a positive sign.May 23rd, 2011 9:32am - Unemployment rate in Texas shows improvement
According to the most recent data released from the Texas Workforce Commission, the state's unemployment rate continued to improve, declining for the third consecutive month.May 23rd, 2011 9:30am - New Texas bill protects active military personnel against foreclosures
Texas legislators recently approved a bill that looks out for active military personnel who also own a home.May 20th, 2011 6:26am - Not enough first-time homebuyers exist to balance current inventory
According to Campbell/Inside Mortgage Finance's HousingPulse Tracking Survey, the number of first-time homebuyers looking for properties is not enough to reduce the current market's inventory.May 20th, 2011 6:24am - Houston existing home sales, median price decline during April
The National Association of Realtors recently released its data regarding April's real estate market, which revealed a negative trend for Houston properties.May 20th, 2011 6:22am - Morgan Stanley: Commercial mortgage delinquencies surpass 10 percent
According to Morgan Stanley, commercial mortgage delinquencies surpassed 10 percent for the first time recently.May 19th, 2011 5:14am - Weekly mortgage applications up
According to the Mortgage Bankers Association's most recent data, the number of mortgage applications submitted during the week of May 13 increased.May 19th, 2011 5:12am - More consumers moving closer to work due to gas prices
A recent report from Coldwell Banker Real Estate discovered that rising gas prices are affecting more than just consumer's savings lately.May 19th, 2011 5:11am - HAR: Houston home sales down during April
According to the most recent information compiled by the Houston Association of Realtors, the region experienced year-over-year declines in home sales during April.May 18th, 2011 4:42am - Buying a home makes more sense than renting
A recent CNNMoney article explained that, given the current real estate market and renting trends, buying a home makes more sense for consumers than renting one.May 18th, 2011 4:40am - Home prices down, insurance premiums up
A recent Wall Street Journal article relayed that, while home prices continue to fall, the price on homeowners insurance premiums is going the opposite direction.May 17th, 2011 5:07am - Rent prices increasing in several major cities
According to a recent US News Money report, the average rental price in several large metropolitan areas is increasing at significant rates, leaving many to reevaluate their financial situation.May 17th, 2011 5:06am - Home sales to continue improved performance
According to a recent report issued at the National Association of Realtors Midyear Legislative Meetings & Trade Expo, the group expects home sales to continue to improve throughout 2011.May 17th, 2011 5:04am - Report: Final-stage foreclosures to reach 6 million by 2014
According to one financial expert, the number of final-stage foreclosures within the U.S. is expected to reach 6 million by the end of 2014.May 16th, 2011 4:16am - Report: Houston real estate market experiences gains during April
According to the most recent report from Altos Research, the real estate market in Houston experienced increases in both median home values and inventory during April.May 16th, 2011 3:05am - Report: First-time unemployment claims down 44,000
According to a recent Bloomberg article, the number of first-time unemployment claims experienced a significant reduction recenMay 16th, 2011 2:35am - Report: Rental growth to experience gains by end of 2011
According to a recent report conducted by the CoStar Group, landlords should expect a significant amount of rental growth by the end of 2011, as vacancy rates decline and real estate demand increases.May 13th, 2011 6:30am - Regulators movement toward mortgage requirements being met with opposition
Federal regulators have recently proposed a rule that would seek to define qualified residential mortgages under the Dodd-Frank Wall Street Reform and Consumer Protection Act.May 13th, 2011 6:28am - Minneapolis, Dallas, Denver among most popular commercial real estate markets
According to a recent report from the CoStar Group, Minneapolis, Dallas and Denver were among the most popular real estate markets for commercial properties during the first quarter of 2011.May 13th, 2011 6:26am - Freddie Mac: 30-year fixed-rate mortgages drops to 4.63 percent
According to Freddie Mac's recent report, the average rate for 30-year fixed-rate mortgages experienced a week-over-week decline to 4.63 percent during the week ending May 12.May 12th, 2011 6:05am - Bill proposed to replace Fannie Mae and Freddie Mac
On Thursday, May 20, two lawmakers introduced a proposal to the U.S. Senate that aims to replace Fannie Mae and Freddie Mac with at least five private companies that would provide mortgage-backed securities.May 12th, 2011 5:29am - Report: Foreclosure rates lowest since 2007/2008
According to a recent RealtyTrac report, April's foreclosure rates are the lowest they've been in 40 months, dating back to late 2007 and early 2008.May 12th, 2011 5:28am - Fannie Mae: Consumer optimism up quarter-over-quarter
According to the most recent national housing survey conducted by Fannie Mae, optimism from consumers was up quarter-over-quarter, increasing during the first quarter of 2011.May 11th, 2011 6:21am - NAR: First-quarter existing-home sales up in majority of states
According to a recent survey conducted by the National Association of Realtors, existing-home sales during the first quarter of 2011 were up in almost every state.May 11th, 2011 6:18am - MBA: Mortgage applications up week-over-week
The Mortgage Bankers Association recently released its latest survey regarding mortgage applications, which found the overall volume increased by 8.2 percent week-over-week for the week ending May 6.May 11th, 2011 6:16am - Report: 8 straight months of year-over-year decline for CoreLogic's Home Price Index
According to a recent report from CoreLogic, the company's Home Price Index showed a year-over-year decline for home prices for the eighth consecutive month.May 10th, 2011 9:51am - Report: Home values suffer sharpest decline in three years
According to a recent Zillow report, home values recently suffered their worst downward shift in nearly three years, leading experts to predict a bottoming out in 2012.May 10th, 2011 9:49am - Young adults set to benefit from weak housing market
A recent Washington Post column stated that the weak housing market is set to help many young adults going forward, despite causing tremendous turmoil for many since 2007.May 10th, 2011 9:46am - Number of new households increasing at record rate
With more young adults moving out from their parents houses or new families beginning their lives, the number of new households in the country is growing at a record pace, Bloomberg reports.May 9th, 2011 8:21am - Houston real estate market receives boost from jobs, inventory
According to a recent report conducted by Metrostudy, which compiled national housing data, the economy in Houston is undergoing a revival, boosted by an increase in jobs, real estate inventory and more.May 9th, 2011 8:20am - Home prices double dip during April, according to Clear Capital
According to Clear Capital's most recent Home Data Index, prices in the West, South and Northeast regions of the country experienced a double dip during April, falling 0.7 percent below previous lows in March 2009.May 9th, 2011 8:19am - Uneven recovery continues for commercial properties
While there continues to be some kind of positive movement in the commercial real estate market, analysts with the Real Estate Roundtable say without improvement in jobs, secondary markets will continue to struggle.May 6th, 2011 10:27am - Interest rates continue downward slide
Weakness in the economy may be contributing to the continuing slide in mortgage rates, as seen in the latest weekly report from the Mortgage Bankers Association, which has boosted mortgage applications.May 4th, 2011 10:32am - Commercial property prices may be poised for dip
With building owners looking to refinance many of their mortgages in the coming months, analysts told Bloomberg commercial real estate prices could see a drop sometime in the next year.May 4th, 2011 6:42am - Many consumers lack mortgage knowledge
While low mortgage rates have made Houston homes much more affordable in recent months, a report from Seattle-based Zillow finds many people looking to buy a home don't understand many basic mortgage questions.May 3rd, 2011 8:54am - Statewide sales indicate strong Texas housing market
Data from the Texas Association of Realtors finds that while numbers from the first quarter are still somewhat below their levels from last year, the state is still giving a strong showing, given the effects of the recession.May 2nd, 2011 10:14am
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