• Fed Renews Vow to Keep Rates Low 03/14/2012 The Federal Reserve sounded more upbeat about the direction of the economy, citing signs of an improving job market and increased household spending, according to a statement released after the Fed’s annual policy-making committee meeting. The Fed said they expect “moderate economic growth,” but threats still remain, […]

  • Mobile Tools Become More Important in Home Searches 03/14/2012 Smartphones and tablets are being increasingly important tools that home buyers are relying on in their home search, according to a new survey from The Real Estate Book and RealEstateBook.com. The survey shows that 68 percent of mobile users contacted a real estate professional to schedule […]

  • 02/11/2011 By: DSNews The Treasury Department released the Obama administration’s plan Friday for reforming the nation’s housing finance system and winding down Fannie Mae and Freddie Mac.Officials say the reform measures will shrink the government’s footprint in the mortgage market, fix “fundamental flaws” in the system, increase transparency for investors, and improve underwriting and mortgage […]

  • According to the Center for Responsible Lending, since the housing crisis took hold, 2.5 million homeowners have already lost their homes and another 5.7 million are at risk of foreclosure. It’s projected that between 10 and 13 million foreclosures will have occurred by the time this crisis abates. The Center argues that the power to […]

  • Foreclosure Radar has released its July 2010 foreclosure report, Read the latest California Foreclosure Report: DOWNLOAD HERE Highlights from this report: Notices of Trustee Sale fell 18.91% back down to expected levels after a 22% spike last month Cancellations drop 13.75%, a reversal of last months trend, but remain up 75.10% year over year Pre-Foreclosure inventory […]

  • This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general. Please click on this link to view the Housing Trends JULY 2010 The Housing Trends eNewsletter […]

  • The Senate unanimously approved the Homebuyer Tax Credit until September 30, 2010.  The credit was set to expire on June 30, 2010.  According to the National Association of Realtors (NAR), some 180,000 buyers were at risk of losing the credit if an extension of the closing deadline was not enacted. According to NAR, distressed short […]