Green Homes and Sales Trends
Saturday, November 07
Green is the New Black The housing industry hasnt developed a reliable way of breaking down green versus conventional homes sales figures. But its clearly a hot button issue and will even become more important, perhaps mandatory, as we begin to seriously deal with global warming.What Others are S...
Renters who lose their homes to foreclosures
Thursday, November 05
Most of the occupants are homeowners, who must scramble to find housing with little notice. They're being joined by scores of renters who discover, often with no warning, that their rented house or apartment is now owned by a bank, which wants them out.Federal legislation signed in May 2009 ...
Tracking the Bond Markets for Direction
Saturday, October 31
Bill Gross, who runs the Pimco Bond Fund is considered one of the gurus of the bond markets. Investors know this and so the Pimco Bond Fund is huge. If Pimco buys or sells bonds or mortgage backed securities, it can move the market. see chart here Recently, Gross sold off 30 billion dollars of ...
Freddie Mac Weekly Update: Mortgage Rates Low, Increasing Affordability
Thursday, October 29
30-year fixed-rate mortgage: Averaged 5.03 percent with an average 0.7 point for the week ending October 29, 2009, up from last week when it averaged 5.00 percent. Last year at this time, the 30-year FRM averaged 6.46 percent.. The...
Mortgage Bankers Weekly Update
Thursday, October 29
Market Composite Index: (loan application volume) decreased 12.3 percent on a seasonally adjusted basis from one week earlier see chart here Refinance Index: decreased 16.2 percent from the previous week ...
Are the Stock Markets Telling us Something
Wednesday, October 21
The report, released last week is another green shoot pushing upwards. Home prices in the U.S., as measured by the S&P Case-Shiller home price indexes, rose in July over the previous month, as 18 of the 20 metropolitan areas comprising the benchmark saw saw a boost to real estate values.se...