Good Real Estate News

Home Sales Up in the OC

Home Sales Up in the OC by 7% submit_url = "http://www.positiveonrealestate.com/pr/545";  [Read more...]

10 Most Undervalued Housing

10 most undervalued areas, according to the study: Las Vegas, -41.4 percent Vero Beach, Fla., -39.8 percent Merced, Calif., -37.7 percent Cape Coral, Fla., -36.8 percent Houma, La., -34.6 percent Port St. Lucie, Fla., -33.3 percent Warren, Mich., -32.3 percent Vallejo, Calif., -31.9 percent Modesto,... 

Pending home sales rise for 9th month in a row

The pending home sales index rose a seasonally adjusted 3.7% in October from September, the National Association of Realtors (NAR) reported. The index is up 31.8% compared with last October. The index rose 6% in September. Lawrence Yun, the chief economist for NAR, said the increase in pending home... 

Federal Reserve Chairman Ben Bernanke Bright Times Ahead

Federal Reserve Chairman Ben Bernanke “Housing in the coming year is going to be a relative bright spot - a helpful driver of national economic growth, rather than the wet blanket it’s been for the past couple of years.” http://realtytimes.com/rtpages/20091124_realestateoutlook.htm ... 

Home Sales Jump 2nd Month

Home sales surged for the second month in a row in October, climbing to the highest level in 2½ years as first-time buyers rushed to take advantage of an expiring tax credit. Home sales nationwide are now up nearly 37% from their bottom in January, data Monday showed, though they are still 16% below... 

More Good News

Selling Lifestyle Over Greed

The following is an article originally posted with housingtrendsenewsletter.com that  I wrote it in an attempt to illustrate the necessity of selling lifestyle value in today’s real estate marketplace. It... 

NAR 2010:”Prices Up,Durable Recovery”

NAR  announced to their national convention that “housing prices will rise in 2010″. Over a cheering crowd, Lawrence  Yun, chief economist for NAR gave several reasons to see 2010 housing... 

70 Percent Of Execs Think Economy Will Improve In 2010

About 70% of 130 executives polled believe revenue and profitability in the financial services sector will improve in 2010, according to the business climate survey conducted by the audit, tax and advisory... 

NAR’s Yun Says :

“With low interest rates, lower home prices, and a first-time buyer tax credit, we’ve been seeing healthy increases in home sales, which are a hopeful sign for the economy,” says Lawrence Yun,... 

Trumark Homes Buys 11 Acres in the OC

Confident that a down economy is the right time to buy land for building new homes, recently launched Trumark Homes – a homebuilding company unencumbered by the legacy issues faced by existing builders... 

Real Estate and Mortgage News

Selling Lifestyle Over Greed

The following is an article originally posted with housingtrendsenewsletter.com that  I wrote it in an attempt to illustrate the necessity of selling lifestyle value in today’s real estate marketplace. It is so easy to get caught in a “greed trap”. Selling rising home prices, or... 

NAR 2010:”Prices Up,Durable Recovery”

NAR  announced to their national convention that “housing prices will rise in 2010″. Over a cheering crowd, Lawrence  Yun, chief economist for NAR gave several reasons to see 2010 housing with rose colored glasses. “Things are much better,” Lawrence Yun said to applause at the organization’s... 

70 Percent Of Execs Think Economy Will Improve In 2010

About 70% of 130 executives polled believe revenue and profitability in the financial services sector will improve in 2010, according to the business climate survey conducted by the audit, tax and advisory firm. However, respondents were split about whether a recovery among financial firms will lead... 

NAR’s Yun Says :

“With low interest rates, lower home prices, and a first-time buyer tax credit, we’ve been seeing healthy increases in home sales, which are a hopeful sign for the economy,” says Lawrence Yun, NAR chief economist. “There have been sustained sales gains in Arizona, Nevada, and Florida, as... 

Trumark Homes Buys 11 Acres in the OC

Confident that a down economy is the right time to buy land for building new homes, recently launched Trumark Homes – a homebuilding company unencumbered by the legacy issues faced by existing builders – recently purchased 11 acres of land for $4.8 million. Located on the corner of Regency Lane and... 

Good Mortgage News

EXPAND HOME AFFORDABLE REFINANCE PROGRAM TO 125 PERCENT LOAN-TO-VALUE

  The Federal Housing Finance Agency has authorized Fannie Mae and Freddie Mac to... 

Monthly Payments Lowered by 67%

If you you could buy a valuable asset for what once cost 44% of your income now costs... 

Builders Take the Rates Even Lower

Some  home builders are offering lower mortgage interest interest rates than the...