Delinquencies, Foreclosure Starts Increase in Latest
WASHINGTON, D.C. - May 19, 2010 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 10.06 percent of all loans outstanding as of the end of the first quarter of 2010, an increase of 59 basis points from the fourth quarter of 2009, and up 94 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased 106 basis points from 10.44 percent in the fourth quarter of 2009 to 9.38 percent this quarterFull article: Delinquencies, Foreclosure Starts Increase in Latest ...
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- VOIT REPORTS POSITIVE NET ABSORPTION FOR THE TENTH CONSECUTIVE QUARTER IN INLAND EMPIRE INDUSTRIAL MARKET
Inland Empire, CA - February 2, 2012 - (RealEstateRama) -- In the fourth quarter of 2011, the Inland Empire industrial market displayed positive net absorption for the tenth consecutive quarter, posting 1.8 million square feet, for a total of 13.6 million square feet in all of 2011, according to the Fourth Quarter Market Report from Voit Real Estate Services. The market demonstrated steady activity in Q4 2011, as vacancy dropped 22 percent below its 2010 rate and construction began on a number of large industrial properties, according to Walt Chenoweth, Executive Vice President of Voit’s Inland Empire office.
- Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - February 1, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2012.
- CHFA Mortgage Rate hits a historic low of 3.250%
ROCKY HILL, CT - January 31, 2012 - (RealEstateRama) -- The Connecticut Housing Finance Authority (CHFA) provides below-market rate mortgages to first- time homebuyers in the state. In January, CHFA’s interest rate dropped to a record low of 3.250 percent for a 30-year fixed mortgage. “The interest rate has been gradually decreasing this year, but this is the lowest rate in the 42-year history of CHFA,” said John Craford, Executive Vice President. According to a recent Freddie Mac survey, the nationwide 30-year fixed rate mortgage average was 3.88 percent, down from 4.74 percent at the same time last year.
- Agents Take the Helm at RE/MAX Countryside in Hoffman Estates
CHICAGO, IL - January 31, 2012 - (RealEstateRama) -- RE/MAX Countryside at 1634 W. Algonquin Road, Hoffman Estates, Ill., is now under new ownership. Enrique Aguilar and Sergio Cardoso, who have been affiliated with the office as agents, purchased the ...
- Most Likely Housing Markets to Recover Announced
Destin, FL - January 30, 2012 - (RealEstateRama) -- The five most likely U.S. metropolitan housing markets forecast to recover in 2012 are being announced by Housing Predictor, which forecasts more than 230 cities housing markets. The pack is lead by Miami, Florida and has a handful of what might appear to be polar opposites.
- New-Home Sales Slip 2.2 Percent in December
WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- Following three consecutive months of gains, sales of newly built, single-family homes edged down 2.2 percent to a seasonally adjusted annual rate of 307,000 units in December, according to newly released figures from the U.S. Commerce Department.
- TRYKO CAPS YEAR OF GROWTH WITH ATLANTIC CITY MULTIFAMILY ASSET
BRICK, N.J. - January 26, 2012 - (RealEstateRama) -- With the January acquisition of Barclay Arms in Atlantic City, N.J., private equity real estate group Tryko Partners, LLC, marked a 12-month period of aggressive growth that nearly doubled its multif...
