Category Archives: Real Estate

“Tech Developer’s Survey Finds Lenders Expect Surge in Online Mortgage Volume”

“18% of mortgage lenders offer so-called ’smart’ Web-based mortgage application services. The survey defines ’smart’ software products as those that are interactive mortgage-application systems that are a fully transactional, Web-based solution that intelligently guides borrowers through the application, adjusting the … Continue reading

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Indicators all are pointing to a recovery in the housing market

Indicators all are pointing to a recovery in the housing market, but buyers shouldn’t have to worry about massive bidding wars breaking out anytime soon. The combination of relatively low mortgage rates, still sticky real estate prices, and a hidden … Continue reading

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Economic indicators continue to provide

Economic indicators continue to provide evidence that the worst of the housing market downturn may be over, but the road to recovery will be long. Housing Starts The latest government-issued housing data indicates that the key single-family home production sector “is … Continue reading

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Who watching the Warranty

While the number of foreclosures & distressed assets continue to rise, lenders and representative agency are operating in uncharted waters without understanding the full impact of their liability exposure

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Good News From the Housing Sector

Although the housing inventory exceeded the demand in 2007 and 2008, we have known for a while that the fundamental supply and demand ingredients would permit a genuine housing recovery to begin in 2009.  As demand caught up, housing prices stopped … Continue reading

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S&P/Case-Shiller Composit

Looking at the chart which compares the seasonally adjusted new home sales series and the non-seasonally adjusted S&P/Case-Shiller Composit-10 sale pair count series, both smoothed with a 12 month simple moving average, you can see that there is a great … Continue reading

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5 percent to more than 5.3

The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 percent in just the past week. As mortgages get more expensive, more would-be homeowners are priced out of the market — a threat … Continue reading

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This week is going to be interesting

TIME (ET) REPORT PERIOD ACTUAL CONSENSUS FORECAST PREVIOUS MONDAY, MARCH 8 None scheduled TUESDAY, MARCH 9 None scheduled WEDNESDAY, MARCH 10 10 am Wholesale inventories Jan. N/A -0.8% 2 pm Federal budget statement Feb. N/A -$194 bln THURSDAY, MARCH 11 … Continue reading

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Concerning Charts

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New Home Sales Report shows a 9.5 % rise

A leading private report shows sales of newly built homes surged in January, as investors and upgraders returned to the market. The Housing Industry Association’s New Home Sales Report shows a 9.5 percent rise in the number of new homes … Continue reading

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