U.S. mortgage rates fall to lowest on record

Sep 09, 2011 Comments Off by

U.S. mortgage rates tumbled to the lowest in at least four decades. The average rate for a 30-year fixed loan dropped to 4.12 percent in the week ended today from 4.22 percent, Freddie Mac said in a statement today. That’s the lowest in the McLean, Virginia-based company’s records dating back to 1971. The average 15-year […]

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Seeing a homecoming for home builders

Sep 09, 2011 Comments Off by

There are encouraging signs of a rebound underway for the real-estate market after a significant hangover from the heady days of the last decade. While there is no easy path to recovery in the U.S. housing market, signs of recovery are often overlooked and underappreciated by investors, management teams and home builders who are jaded […]

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US: Has the housing market finally found its footing?

Sep 08, 2011 Comments Off

For those looking for a bright spot amid the barrage of depressing data recently, news that housing prices were up for the third month in a row might have buoyed morale a bit. The latest data showed that home prices in the nation’s largest metropolitan areas ticked up 1.1 percent, on average, in June, following […]

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Realtors moderate growth projections for US commercial property

Sep 08, 2011 Comments Off

Modest improvements are expected over the coming year, according to the National Association of Realtors, this is a breath of fresh air since commercial real estate vacancy rates in the United States are flat and projections for growth are moderated Full Article: Source

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