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Finance, Economy & Government Issues Archive


Turnaround: 4 Months and Counting?

RISMEDIA, May 16, 2011—Price declines will end and average U.S. home prices will stabilize by Labor Day. Prices in even the hardest-hit markets will level out by the end of 2012. ...


Housing Finance Market Reform Must Ensure Mortgage Affordability

RISMEDIA, May 13, 2011—Reforms to America's housing finance market must ensure a reliable source of affordable mortgage lending for creditworthy consumers. That's according to REALTORS® and other industry insiders who examined the federal government's future role in the secondary mortgage market at the "Fannie Mae & Freddie Mac: Obama Options ...


New Data from NAHB Breaks down Housing Affordability by Race/Ethnicity

RISMEDIA, May 13, 2011—According to new data released by the National Association of Home Builders (NAHB), stark contrasts exist in housing affordability between major races and ethnic groups across the United States. The NAHB’s quarterly index, the NAHB/Wells Fargo Housing Opportunity Index (HOI), which measures housing affordability in metropolitan areas ...


Existing-Home Sales Rise in Most States in First Quarter

RISMEDIA, May 12, 2011— Existing-home sales continued to recover in the first quarter with gains recorded in 49 states and the District of Columbia, while 22 percent of the available metropolitan areas saw prices rise from a year ago, according to the latest survey by the National Association of REALTORS®. ...


Spring Breathes Life into Prices

RISMEDIA, May 12, 2011— A seasonal uptick in both median prices and inventory has appeared in most metropolitan areas across the country, contradicting earlier price reports, according to Altos Research’s 20-city Composite trends data in April. Price increases are apparent in 24 of the 26 tracked markets, and inventory increases ...


HUD and German Ministry of Transport, Building and Urban Development Agree to Cooperate On Sustainability

RISMEDIA, May 12, 2011— While the U.S. Department of Housing and Urban Development (HUD) is working to promote sustainability in this country, the Ministry of Transport, Building and Urban Development (BMVBS) is pursuing a set of similar goals in the Federal Republic of Germany. Today, both agencies signed a Joint ...


April Housing Scorecard Shows Growing Evidence of Economic Progress

RISMEDIA, May 10, 2011—The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury recently released the April edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation’s housing market. Officials caution that ...


75 Percent of Refinancing Homeowners Maintain or Reduce Debt in First Quarter

RISMEDIA, May 10, 2011—Freddie Mac (OTC: FMCC) released the results of its first quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house: ...


HUD Offers Grants to Clean Up Health Hazards in Housing

RISMEDIA, May 7, 2011—The U.S. Department of Housing and Urban Development recently announced that it is offering $2.5 million in grants to improve and develop methods and knowledge for detecting and controlling lead-based paint and other housing-related health and safety ...


HUD’s Home Program Reaches One-Million Mark

RISMEDIA, May 6, 2011—Twenty years ago, Senator Alan Cranston, Congressman Henry Gonzalez and housing advocates from across the country designed a new block grant program exclusively dedicated to producing affordable housing. Recently, the U.S. Department of Housing and Urban Development’s HOME Investment Partnerships Program (HOME) has produced one million units ...


Build Your Business on Substance and Results

RISMEDIA, May 5, 2011—With the market we have today, consumers desperately need an experienced real estate agent for the largest financial transaction most of them will ever make. They want to know they’re working with a skilled, trusted professional who’s capable of closing sales. ...


Spring Warms Luxury Demand

RISMEDIA, May 5, 2011—It’s still very much a “cold” buyer’s market according to the Institute for Luxury Home Marketing’s April 24 Luxury Housing Report, but early numbers from the spring home buying season suggest that demand is warming up. ...


Latest MBA Weekly Survey Shows Increase in Mortgage Applications, Driven by Refinances

RISMEDIA, May 5, 2011—Mortgage applications increased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 29, 2011. The Market Composite Index, a measure of mortgage loan application volume, increased 4.0 percent on a seasonally adjusted basis ...


Gallup: Time Is Right to Buy

RISMEDIA, May 5, 2011—Consumer attitudes towards the housing markets are echoing views in the years immediately preceding the peak of the housing boom, according to a new national survey by the Gallup poll. Americans continue to see a buyer’s market in housing, according to an April 2011 Gallup poll. Sixty-nine ...


1parkplace to Host Listings Webinar: “The Art of Connecting with Your Community”

RISMEDIA, May 4, 2011--1parkplace, a leader in online real estate marketing, believes high quality education and training is paramount to the success of its valued members. As a result, the company is kicking off the spring training season with ...


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