Eric Colburn, PLS

Tag: Mortgages

  • Is 2012 When The Housing Market Rebounds?

    Is 2012 When The Housing Market Rebounds?

    Housing Market Improves Recent good news about the US housing market suggest that maybe, just maybe, there is life in this key economic sector, after all. With other parts of the economy now slowing down, like the what was once strong performance in manufacturing, positive signs of improvement in the housing market show that for…

  • Is The Housing Market On The Rebound?

    Is The Housing Market On The Rebound?

    For Premium Members Only. You Can Register Here »»Premium Signup The economic news and reports as of late have at best been mixed, without that shining light at the end of the economic collapse’s tunnel to lead us into decided recovery. Lagging in improvement, and as one of the largest drags on the economy, the…

  • RealtorsTV: National Association of Realtors Video-Existing Home Sales Down But Prices Rise

    RealtorsTV: National Association of Realtors-Existing Home Sales Down But Prices Rise

  • Professional Land Surveyor News: National Association of Realtors Reports December Existing-Home Sales Down but Prices Rise; 2009 Sales Up

    December Existing-Home Sales Down but Prices Rise; 2009 Sales Up Washington, January 25, 2010 After a rising surge from September through November, existing-home sales fell as expected in December after first-time buyers rushed to complete sales before the original November deadline for the tax credit. However, prices rose from December 2008 and annual sales improved…

  • Strong Gain in Existing-Home Sales Maintains Uptrend

    Washington, August 21, 2009 For the first time in five years, existing-home sales have increased for four months in a row, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.2 percent to a seasonally adjusted annual rate1 of 5.24 million units in July from a…

  • Decline in Commercial Real Estate Sectors Appears to be Slowing

    Washington, August 19, 2009 Commercial real estate activity has suffered from a severe credit crunch for commercial sectors, sustained job losses and weak consumer spending, although the decline appears to be slowing.  A forward-looking indicator shows commercial real estate will remain weak into 2010, but recent actions by the Federal Reserve should improve some flow…

  • Existing-Home Sales Up Again

    Washington, July 23, 2009 Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – increased 3.6 percent to a seasonally adjusted annual rate1 of 4.89 million units in June…

  • HUD Secretary Donovan Announces Expanded Eligibility for Making Home Affordable Refinancing

    Announces eligibility for borrowers up to 125% underwater in Las Vegas with Senate Majority Leader Harry Reid and Congresswoman Dina Titus WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan today announced an expansion of the Obama Administration’s Home Affordable Refinance Program to include participation by borrowers who are current but up to 125…

  • Pending Home Sales Record Fourth Straight Monthly Gain

    Washington, July 01, 2009 Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of Realtors®. The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in May, increased 0.1 percent to 90.7…

  • National Association of Realtors Reports Pending Home Sales Up for Three Months in a Row

    National Association of Realtors Reports Pending Home Sales Up for Three Months in a Row WASHINGTON, June 02, 2009 Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit, according to the National Association of Realtors®. The Pending Home Sales Index,1…

  • French Property Market Update – April 2009

    A moderate price reduction but no risk of a property crash The last market review published by the Fédération Nationale de l’Immobilier (FNAIM), which is the French National Federation of Real Estate Agents, confirmed the general trend with price reductions during the 1st quarter of 2009 but emphasise on the fact there is no risk…

  • Mortgage Applications Increase in Latest MBA Weekly Survey

    WASHINGTON, D.C. (April 8, 2009) — The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending April 3, 2009.  The Market Composite Index, a measure of mortgage loan application volume, was 1250.6, an increase of 4.7 percent on a seasonally adjusted basis from 1194.4 one week earlier.  On an…