Tag Archives: Robust Recovery

Rising Mortgage Rates Spook Housing

“Despite the Federal Reserve’s announcement last week that it would purchase an additional $45 billion in Treasury securities per month as part of its continuing quantitative easing effort, rates increased in the second half of the week,” said Mike Fratantoni, … Continue reading

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Home Sales Disappoint Twice

Sales of newly built homes fell hard in June, despite newfound optimism in the housing recovery, especially among the home builders themselves. Signed contracts to buy new homes fell 8.4 percent from the previous month, according to the U.S. Commerce … Continue reading

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Santa Clara County Real Estate Shows Signs of a Strong Market

SAN JOSE, Calif., May 17, 2012 — /PRNewswire/ — The Santa Clara County housing market is showing multiple signs of a robust recovery: prices are up, days-on-the-market are shorter, and the number of closed sales is increasing. In April, the … Continue reading

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Santa Clara County Real Estate Shows Signs of a Strong Market

SAN JOSE, Calif., May 17, 2012 /PRNewswire via COMTEX/ – The Santa Clara County housing market is showing multiple signs of a robust recovery: prices are up, days-on-the-market are shorter, and the number of closed sales is increasing. In April, … Continue reading

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Housing Hype: Recovery Turns to Relapse?

the fundamentals might not be supporting the sentiment was met with harsh criticism. And then suddenly it wasn’t. A slew of new housing data last week disappointed the analysts and the stock market, and all of a sudden you started … Continue reading

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Mortgage Rate Spreads Widen

I can’t get off the phone with anyone I know without first having to hear about their particular mortgage story; Okay, maybe that’s an exaggeration, but not that far off. The first I heard this morning was about a mortgage … Continue reading

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Foreclosure Slowdown a Factor of Delays and Prevention Policies

Foreclosure activity dropped significantly again in July according to figures released on Thursday by RealtyTrac, however the Irvine California firm states that this is not as much a sign of economic improvement as it is an indication of a growing … Continue reading

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Polk County Foreclosures Fall 64% From 2010

Polk’s total foreclosure filings — default notices, scheduled auctions and repossessions — were down 64 percent in July compared to the year before, and increased 26 percent from June, according to RealtyTrac. Statewide, filings fell about 57 percent from July … Continue reading

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Housing Recovery Hindered in U.S. as Government Works at Cross-Purposes

Fannie Mae and Freddie Mac increased loan standards about a dozen times in the last year. Photographer: Andrew Harrer/Bloomberg Sue Stamper, a business owner in Sacramento, California, wants to buy a home. After mortgage- financiers Fannie Mae and Freddie Mac … Continue reading

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