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Today’s Marketplace Archive
RISMEDIA, April 13, 2009-A total of 3.2 million foreclosure filings from default notices, auction sale notices and bank repossessions were reported on 2.3 million U.S. properties during 2008, a 225% increase in total properties from 2006, according to HUD statistics. ...
RISMEDIA, April 13, 2009-(MCT)-With mortgage rates dancing around a 65-year-low of 4.75%, homeowners are checking their credit scores and lenders are being deluged with refinancing applications. ...
RISMEDIA, April 11, 2009-Consumers' confidence in their own bank, and in the banking system as a whole, is improving for the first time since September 2008, according to a new Morpace survey. ...
RISMEDIA, April 10, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS include: REALTORS® say FHA is key to the housing rebound; financial solutions offered through NAR's REALTOR Benefits® Program; and April savings through the Right Tools, Right Now initiative. ...
RISMEDIA, April 9, 2009-Despite it being one of the most challenging hiring environments in the nation's history, 41% of workers who were laid off from full-time jobs in the last three months reported they found a new full-time, permanent position while another 8% found part-time work. This is according to ...
RISMEDIA, April 9, 2009-The Mortgage Bankers Association (MBA) 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 1,250.6, an increase of 4.7% on a seasonally adjusted basis from 1,194.4 one week earlier. On an ...
RISMEDIA, April 11, 2009-Thanks to record low mortgage rates and declining home prices, 55 million families - or half of all U.S. households - can afford today's $200,000 median-priced new home, according to figures released by the National Association of Home Builders (NAHB). "That's an increase of 17 million households from conditions just two years ago and the best housing affordability number we have seen in years," said NAHB Chairman Joe Robson, a home builder from Tulsa, Okla. "We are now seeing the first signs that buyers are returning to the marketplace."
RISMEDIA, April 8, 2009-April is now here and we're all starting to hear positive news, almost daily, about the real estate industry. Don't get me wrong - the "Chicken Littles" of the world are still out there, telling everyone who will listen that the sky is still falling. ...
RISMEDIA, April 8, 2009-The weekly average rate borrowers were quoted on
Zillow Mortgage Marketplace for thirty-year mortgages remained stable for the third consecutive week at 5.08%, down slightly from 5.09% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com. Meanwhile, rates ...
RISMEDIA, April 7, 2009-(MCT)-Many home sellers are still out of touch with the changing housing market, a new survey shows. ...
RISMEDIA, April 6, 2009-As recession-battered companies look to save money on real estate costs, a growing number of businesses are equipping their employees with Blackberry smartphones and laptops and moving them out of the main office as a way of reducing expenses. The Regus Group, one of the leading global ...
RISMEDIA, April 6, 2009-(MCT)-Employers shed 663,000 jobs in March, the fifth consecutive month of huge job losses, pushing total U.S. jobs lost in this recession above 5 million and the unemployment rate up four-tenths of a percentage point to 8.5%, the Labor Department reported. ...
RISMEDIA, April 6, 2009-Despite partisan debate, the American people find common ground on their support for a number of measures to address the nation's energy problems. At least 10 major energy proposals that would provide incentives for energy efficiency, reduce gasoline usage and support alternative energy have widespread support. But ...
RISMEDIA, April 6, 2009-The message that resounded during the Leading Real Estate Companies of the World® annual conference March 26-29 was the tremendous window of opportunity that exists to turn around the housing market in the next 90 days. With record-low interest rates, bargain prices, increased affordability, declining inventory, mortgage ...
RISMEDIA, April 4, 2009-Despite lower employee confidence in the areas of job security and pay raises, the majority of employees have a surprising level of optimism relating to their ability to sidestep layoffs, the future outlook of their employer and expectations for pay increases, according to the Q1 Glassdoor.com Employee ...
