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Today’s Marketplace Archive
RISMEDIA, March 19, 2009-(MCT)-Homeowners across the country are losing out on the American Dream as they find themselves faced with out-of-control mortgage rates they can't afford to pay. The third installment of The Neighborhood Assistance Corporation of America's Save the Dream tour that made a stop in Columbia, South Carolina may be the lifeline that these homeowners need.
RISMEDIA, March 19, 2009-For the first time in eight months, nationwide housing starts turned upward this February, posting a 22.2% gain that was due primarily to a big bump on the often-volatile multifamily side, according to numbers released from the U.S. Commerce Department. ...
RISMEDIA, March 18, 2009-As the real estate market begins to turn around, the most important thing on your mind should be whether you are positioned to take advantage of this uptick. ...
RISMEDIA, March 18, 2009-The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for
thirty-year mortgages fell for the first time in a month to 5.21%, down from 5.28% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com. Meanwhile, rates for ...
RISMEDIA, March 18, 2009-Builder confidence in the market for newly built single-family homes remained unchanged in March as economic woes continued to take their toll on potential buyers, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI held steady at 9 in March, ...
RISMEDIA, March 17, 2009-Ask homeowners about their DTI (debt-to-income) ratios, and they're likely to respond with something like, "My what ratios?!" However, when distressed homeowners are sizing up their foreclosure options, they need to brush up on DTI ratios. Lenders will be scrutinizing these ratios to determine homeowner eligibility for ...
RISMEDIA, March 17, 2009-(MCT)-Even with its strong rally last week, the stock market's steady drop this year has prompted more investors to fold up their tents and walk away. ...
RISMEDIA, March 17, 2009-It's not uncommon for the typical cube-land employee to feel like a pinball, being bounced around from setback to setback. ...
RISMEDIA, March 17, 2009-The weakening economy and continued credit crunch contributed to increases in commercial/multifamily mortgage delinquencies during the fourth quarter of 2008, according to the Commercial/Multifamily Delinquency Report from the Mortgage Bankers Association (MBA). ...
RISMEDIA, March 14, 2009-Social networking sites are constantly being integrated with the real estate industry, giving prospective home buyers the chance to search the Internet in the manner most comfortable to them when looking for a home. ...
RISMEDIA, March 21, 2009-The latest survey by the Pew Research Center for the People & the Press finds that 20% of all homeowners-or 30% of mortgage holders-say that if they had to sell their home right now, it would sell for less than they owe. And homeowners who feel underwater on their mortgages report considerably more financial strain that those who do not.
RISMEDIA, March 13, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS include: savings up to 42% on Lenovo PC's available through the REALTOR Benefits® Program; read what crucial tax information homeowners, buyers, and sellers need to know; and REALTORS® get the Right Tools, Right Now. ...
RISMEDIA, March 13, 2009-Ask homeowners about their DTI (debt-to-income) ratios, and they're likely to respond with something like, "My what ratios?!" However, when distressed homeowners are sizing up their foreclosure options, they need to brush up on DTI ratios. Lenders will be scrutinizing these ratios to determine homeowner eligibility for loan modification and other debt relief.
RISMEDIA, March 10, 2009-"The more things change, the more they stay the same." We've heard that old phrase many times, and nowhere does it apply more graphically than in our own industry. Markets change, the economy changes, and so do public perceptions. But some things-particularly good, sound business strategies-need only to be tweaked a bit to stimulate success in any market.
RISMEDIA, March 10, 2009-(MCT)-It's coming. But will it help? The long-awaited federal program to try to get up to $1 trillion in loans flowing into the hands of consumers and small businesses is ready to be launched March 17, but it has taken so long in coming that some analysts wonder if it will be the boon for the economy that many envisioned. The Term Asset-Backed Securities Loan Facility, known as TALF, is aimed at providing money for loans to people for cars, college, credit cards and small businesses.
