Case Shiller: Thoughts From Around The Web
Thursday, April 28
OptimistsAPA wave of foreclosures is forcing down home prices in most major U.S. cities. But economists and real estate agents are noticing what they call a key first step for any housing recovery: a drop in the glut of homes for sale in markets hit hardest by foreclosures.If we were to see sever...
Freddie Mac: 30-Year Mortgage Up Slightly for Second Week
Thursday, March 31
30-year fixed-rate mortgage: averaged 4.86 percent with an average 0.7 point for the week ending March 31, 2011, up from last week when it averaged 4.81 percent. Last year at this time, the 30-year FRM averaged 5.08 percent. The 15-year fixed-rate mortgage: this week averaged 4.09 percent with...
Mortgage Bankers Weekly Update: Mortgage Applications Decrease
Thursday, March 31
Mortgage Bankers Association for the week of 3/30/2010 Market Composite Index: (loan application volume) a measure of mortgage loan application volume,decreased 7.5 percent on a seasonally adjusted basis from one week earlier Refinance Index: decreased 10.1 percent from the previous week. The se...
Multi Family: Recovering
Wednesday, March 30
Multi FamilyA Recovering Market We all know whats happening to the single family home markets. Over supply and shadow inventory and the subsequent price declines will continue until fear is overcome and inventory is soaked up. The kinds of issues that led to a boom bust in housing did not take pl...
Green Landlording: Getting Tenants To Go Green
Wednesday, March 23
Getting Tenants to Go Green. As property managers, we can't insist on behavioral changes. Going green can be a tough sell to a renter. After all, a building is only as green as the people who manage and live in it. Managers are key players and can encourage activities that reduce consumption ...
Freddie Mac Weekly Update: 30-Year Fixed-Rate Mortgage Drops to 5 Percent
Thursday, February 24
30-year fixed-rate mortgage: A veraged 4.95 percent with an average 0.6 point for the week ending February 24, 2011, down from last week when it averaged 5.0 percent. Last year at this time, the 30-year FRM averaged 5.05 percent. .The 15-year fixed-rate mortgage: A verage 0.7 point, down from l...