Welcome!




Expand Your Education with These Courses from
Business Creation - Prospecting: Skills for Sales Success: Part Three.
Negotiating Skills: Skills for Sales Success: Part Six.
A Consumer Advocate Approach to Real Estate & Mortgages: Courses 1 & 2.
Accredited Buyer's Representative.
Bundle 3: CIPS Institute (Non-US Version).

Home Owner News Archive


Mortgages Improve, Delinquencies Rise

While delinquencies and defaults slowly improve in the housing economy as a whole, FHA’s portfolio has not shared the same good fortune, creating increased pressure on the agency to reduce risk and increase costs to its borrowers, most of whom are first-time buyers. ...


Fed Chairman Comments on Today’s Housing Market

Federal Reserve Chairman Ben S. Bernanke made the following speech at the 2012 National Association of Homebuilders International Builders' Show, held in Orlando, Fla. on February 10. ...


Average 30-Year Fixed-Rate Mortgage Unchanged from All-time Record Low

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates unchanged amid mixed consumer sentiment data. The average 30-year fixed-rate mortgage has been at its all-time record-breaking low of 3.87 percent since the first week of February, below 4.00 percent ...


New Listings Promise Robust Prices

As of February 10, new listings tracked by Altos Research have ticked upwards for five consecutive weeks, suggesting the spring home buyer season will bring the strongest prices the nation has seen since the tax credit briefly stimulated demand two ...


More Than 95 Percent of Refinancing Borrowers Choose Fixed-Rate Mortgages

In the fourth quarter of 2011, fixed-rate loans accounted for more than 95 percent of refinance loans, based on the Freddie Mac (OTC: FMCC) Quarterly Product Transition Report released recently. Refinancing borrowers clearly preferred fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or a fixed-rate. ...


Builder Confidence Increases for Fifth Consecutive Month

Home builder confidence in the market for new single-family homes increased for the fifth consecutive month in February, rising from 25 to 29 on the NAHB/Wells Fargo Housing Market Index (HMI) released today. It is the highest level the index ...


Nation’s Home Builders Elect Leadership for 2012

Members of the National Association of Home Builders (NAHB) elected four Senior Officers to top leadership positions within the federation during the association’s International Builders’ Show in Orlando, Fla. ...


How Will the Facebook IPO Affect Housing?

Headlines were made when Facebook announced its plans to go public, creating a new generation of Facebook millionaires. Many have been speculating about what these fresh-faced millionaires will do with their money. Others have been asking how they ...


In Memory: Houston’s Unique New Jersey House

The sad news of Whitney Houston’s death this past Saturday sent shockwaves through the recording industry as well as her worldwide fan base, who adored the singer for her many gifts in acting, modeling and of course her unforgettable ...


Remodeling Looking up in 2012

Homeowners are ready to make 2012 a banner year for remodeling and the latest cost-for-value research suggests that getting the most bang for every buck is more important than ever. ...


HUD Awards Nearly $1.8 Billion to Improve and Preserve Public Housing

U.S. Department of Housing and Urban Development Secretary Shaun Donovan recently awarded nearly $1.8 billion to public housing authorities in all 50 states, the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands. The funds will allow these agencies to make major large-scale improvements to their public housing ...


Chicago Foreclosure Activity Indicates Hot Foreclosure Market in 2012

REGIONAL SPOTLIGHT—Recent reports released by the Illinois Foreclosure Listing Service, ILFLS.com, show that Chicagoland foreclosure activity rose sharply during the last two months of 2011. This increase in the number of completed foreclosures contrasts with figures from the rest of the year, which had fewer new foreclosures than the same ...


List of Improving Housing Markets Expands to Nearly 100

The list of housing markets showing measurable improvement expanded by 29 metros in February to include a total of 98 entries on the National Association of Home Builders/First American Improving Markets Index (IMI), released recently. Thirty-six states are now represented ...


CoreLogic® Reports 24 Percent Decrease in Foreclosures

CoreLogic® (NYSE: CLGX), a provider of information, analytics and business services, has released its first national Foreclosure Report, which provides monthly data on completed foreclosures, foreclosure inventory and 90+ delinquency rates. Completed foreclosures for all of 2011 totaled 830,000 compared with 1.1 million in 2010. In December 2011 there was ...


Builder Confidence for the 55+ Housing Market Ends Fourth Quarter on an Upswing

Builder confidence in the 55+ housing market for single-family homes rose four points to 18 compared to the same period a year ago, according to the latest National Association of Home Builders’ (NAHB) 55+ Housing Market Index (HMI). ...


Our Latest News >>