With the $8,000 homebuyer tax credit due to expire in little more than a month, the Congress is looking into the possibility of extending it for another six months and perhaps even expanding the program's reach.
On Tuesday the Senate Banking Committee held a hearing on the State of the Nation's Housing Market. Committee Chairman Chris Dodd (D-CT) called for an extension of the homebuyer tax ...
NEW YORK (CNNMoney.com) -- National home prices may be on the road to recovery.
After three years of declines, home prices increased 2.9% in the three months ended June 30, according to the latest S&P/Case-Shiller report. That is the first quarter-over-quarter improvement in three years.
Prices in the national index are down 14.9% compared with the second quarter of 2008, the report said. ...
Index of 20 major cities rises on a monthly basis for the first time since July 2006, hinting that the worst of the declines may be over.
NEW YORK (CNNMoney.com) -- The value of U.S. homes grew on a monthly basis in May for the first time in nearly three years, according to 20-city index released Tuesday.
The month-over-month increase was 0.5%, according to the report from financial data company ...
Investor Report: Energy Efficiency by Kenneth R. Harney
For real estate investors buying houses at discount prices, it could be a hot new trend. Instead of simply doing the usual renovations, paint jobs and landscaping to turn around properties for resale or rental, growing numbers of investors are emphasizing energy efficiency improvements to increase market values and cut marketing times.
In ...
On a more personal note...
I just finished another invigorating jog out on the trails and felt compelled to write a few words about the wonderful climate we enjoy here in Albuquerque. How many places are there to live where you rarely experience weather extremes? I have lived all over the country and can attest to having experienced some pretty wild and/or uncomfortable weather; i.e. hurricanes, ...
WASHINGTON, June 03, 2009
A secondary mortgage market model that includes some level of government participation is necessary to ensure affordable and available home mortgages. That is the message the National Association of Realtors® delivered during a House Financial Services Subcommittee hearing today.
"Fannie Mae and Freddie Mac serve an important role in expanding homeownership and providing ...
You may not be quite ready to accept the idea that housing on a national basis has moved beyond bottoming out and is now in slow recovery mode.
But think about this: Even if you're bearish on the market, you've got to notice that some extraordinarily positive signs are popping up that point to recovery.
New mortgage applications last week for home purchases and refinancings were up 77 percent ...
By Saul Klein
Editor's Note: The following information is compiled from a White Paper recently released by the author. The White Paper is titled, "MLS 5.0: The MLS of the Future" and can be accessed by clicking here.RISMEDIA, Aug. 12, 2008-Time is of the essence. The real estate industry has the opportunity to "take back its future." In order to do so, it must begin the process of socializing and ...
Viewpoint January 27, 2009, 12:01AM EST
With a struggling economy and lower oil prices, we'll get to see how committed to green technology companies really are
By Ursula M. Burns
Please tell me that "green" isn't a fad.
I don't know about you, but for the past two years I have been on green overload. Everywhere I turned, read, listened, and watched, the race to say "I am greener than you" ...
