Marketing & Statistics

WASHINGTON, D.C. - September 15, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending September 10, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 8.9 percent on a seasonally adjusted basis from one week earlier. This week's results include an adjustment to account for the Labor Day holiday. On an unadjusted basis, the Index decreased 27.4 percent compared with the previous week.

WASHINGTON, DC - September 13, 2010 - (RealEstateRama) -- Independent mortgage bankers and subsidiaries made an average profit of $917 on each loan they originated in the second quarter of 2010, up from $606 per loan in the first quarter of 2010, according to the Mortgage Bankers Association (MBA)’s 2nd Quarter 2010 Mortgage Bankers Performance Report released today

Edison, NJ - September 13, 2010 - (RealEstateRama) -- Registration is now open for the tenth year of the Triple Play REALTOR® Convention & Trade Expo, the largest annual real estate event in the region.

McLean, VA – Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®). While the 30-year fixed-rate mortgage rate and the 5-year adjustable rose slightly, other rates remained flat or fell lower.

WASHINGTON, D.C. - September 8, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending September 3, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 1.9 percent compared with the previous week.

Chicago, IL - September 7, 2010 - (RealEstateRama) -- As the recession comes to an end and the real estate market starts to steady, a new survey by Chicago Agent magazine highlights the notion that modern agents are working harder despite a steep income decline

EMERYVILLE, CA - September 6, 2010 - (RealEstateRama) -- The number of price-reduced homes on the market increased 3.26 percent in August compared to July, according to the latest data from national brokerage ZipRealty (www.ziprealty.com; NASDAQ: ZIPR). ZipRealty’s monthly review of MLS-listed properties in 26 major markets found that 47 percent of “for sale” homes had at least one price reduction and the average seller actually slashed their list price twice to attract buyers.

McLean, VA - September 2, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), and for yet another week, fixed-rate mortgages reached record lows, as did the 5-year adjustable rate in this survey. (The 30-year fixed-rate survey began in 1971, the 15-year began in 1991, and the 5-year adjustable in 2005.)

Washington, DC - September 2, 2010 - (RealEstateRama) -- Delinquency rates were mixed in the second quarter for commercial/multifamily mortgage investor groups, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report

Washington, DC - September 2, 2010 - (RealEstateRama) -- Following a sharp drop in the months immediately after expiration of the home buyer tax credit, pending home sales have modestly risen, according to the National Association of Realtors

WASHINGTON, D.C. - September 1, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 27, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased 2.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 2.3 percent compared with the previous week.

DANBURY, CT - August 31, 2010 - (RealEstateRama) -- Today, Congressman Chris Murphy (CT-5) visited Vet House in Danbury for a tour and to announce that for the first time, Danbury is receiving 15 new federal housing vouchers dedicated to housing homeless veterans in the city. Currently, there are at least 1,000 homeless veterans in Connecticut on any given night, and in the 5th Congressional District, 10% of homeless adults have served in the military.

New York, NY - August 31, 2010 - (RealEstateRama) -- +aRt, a new condominium development in the heart of West Chelsea’s art district, Chashama, an organization that transforms donated retail storefronts in New York City into art exhibitions, and Cannery Works, a non-profit arts catalyst in support of debut projects, have partnered to present a new two-part art exhibition series this fall, beginning with Jason Covert’s CARNIVORA which opens to the public on September 16.

Home Values Edge Down Slightly Relative to a Year Ago. McLean, VA - August 31, 2010 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) announced today the results of its second quarter Conventional Mortgage Home Price Index (CMHPI).

WASHINGTON, D.C. - August 31, 2010 - (RealEstateRama) -- The National Association of Home Builders' National Sales and Marketing Council launched the inaugural issue of SMI Digital today, the digital version of its award-winning Sales + Marketing Ideas (http://www.smimagazine.com) magazine. SMI Digital has the same layout as the print version of Sales + Marketing Ideas, but is delivered to subscribers' email addresses as an interactive PDF document.Both Sales + Marketing Ideas magazine and SMI Digital feature articles for new home sales and marketing professionals by top experts in the industry on such topics as sales and marketing trends, market research, advertising, marketing plans, model merchandising and sales management.

New York, N.Y. - August 30, 2010 - (RealEstateRama) -- Turner Construction Company announced that the Third Quarter 2010 Turner Building Cost Index remains unchanged from the second quarter of 2010. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index value is 798 for the Third Quarter of 2010. This reflects a 2.68% decrease from the Third Quarter 2009 and an overall decline of 13.16% over the past two years

MILFORD, CT - August 26, 2010 - (RealEstateRama) -- Total Mortgage Services, LLC, a leading mortgage lender and broker, announced today that it has been named to the 2010 Inc. 5000 list of America’s Fastest Growing Companies. The company was ranked as number 2,815 on the Inc. 5000’s annual list with a three year growth rate of 79 percent.

McLean, VA - August 26, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), and for yet another week, fixed-rate mortgages reached record lows, while the 5-year adjustable rate remained tied at its low for this survey. (The 30-year fixed-rate survey began in 1971, the 15-year began in 1991, and the 5-year adjustable in 2005

WASHINGTON, D.C. - August 26, 2010 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties dropped to a seasonally adjusted rate of 9.85 percent of all loans outstanding as of the end of the second quarter of 2010, a decrease of 21 basis points from the first quarter of 2010, and an increase of 61 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate increased two basis points to 9.40 percent this quarter from 9.38 percent last quarter.

Washington, DC - August 26, 2010 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today released its first Conservator’s Report on the Enterprises’ Financial Condition. The Conservator’s Report provides an overview of key aspects of the financial condition of Fannie Mae and Freddie Mac (the Enterprises) during conservatorship. The report will be released on a quarterly basis following the filing of the Enterprises’ financial results with the Securities and Exchange Commission (SEC).

Washington, DC - August 26, 2010 - (RealEstateRama) -- The Federal Housing Finance Agency today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.78 percent based on loans closed in July. This is a decrease of 0.13 percent from the previous month. This Contract Rate series can be found at http://www.fhfa.gov/Default.aspx?Page=251.

LOS ANGELES, CA - August 25, 2010 - (RealEstateRama) -- California home sales decreased 20.8 percent in July compared with the same period a year ago, while the median price of an existing home rose 10.4 percent from July 2009, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

WASHINGTON, D.C. - August 25, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 20, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased 4.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 4.5 percent compared with the previous week

STATEHOUSE, IN - August 25, 2010 - (RealEstateRama) -- Foreclosures are still a major concern for many homeowners and neighborhoods across Indiana with lenders taking action against another 4,876 borrowers in July, state figures showed.

WASHINGTON, D.C. - August 25, 2010 - (RealEstateRama) -- Sales of newly built, single-family homes declined 12.4 percent to a seasonally adjusted annual rate of 276,000 units in July, according to data released by the U.S. Commerce Department today. This was the lowest sales rate for new homes on record."Today's report, though not unexpected, is disappointing in view of the improvement in sales activity that we saw in June," said Bob Jones, chairman of the National Association of Home Builders (NAHB) and a home builder from Bloomfield Hills, Mich. "Potential home buyers have become very hesitant due to uncertainty about the economy and job market, and are putting off the decision to buy until they feel more confident."

ORLANDO, FL - August 24, 2010 - (RealEstateRama) -- Sales of existing condominiums in Florida rose 11 percent in July, with a total of 5,557 condos sold statewide compared to 4,991 units sold in July 2009, according to the latest housing data released by Florida Realtors®.Eleven of Florida’s metropolitan statistical areas (MSAs) reported higher existing condo sales in July, according to Florida Realtors. The statewide existing condo median sales price last month was $87,200; in July 2009 it was $108,500 for a 20 percent decrease. The national median existing condo price was $181,300 in June, according to the National Association of Realtors® (NAR

Albany, NY - August 24, 2010 - (RealEstateRama) -- Statewide sales of existing single-family homes in New York State fell by 50 percent in July compared to the record-setting June total, which was bolstered by buyers who closed before the then-June 30 federal homebuyer tax credit deadline.

WASHINGTON, DC - August 20, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today a major Recovery Act milestone: 100 affordable housing developments, including 8,112 homes, around the country have been awarded more than $100 million to complete energy efficient renovations with Recovery Act funds. These renovations will not only generate many necessary upgrades to thousands of affordable apartments, but they will also create jobs and save money for thousands of residents. A complete list of Recovery Act Green Retrofit Program awards being issued today can be viewed in full here.

WASHINGTON, DC - August 20, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today a major Recovery Act milestone: 100 affordable housing developments, including 8,112 homes, around the country have been awarded more than $100 million to complete energy efficient renovations with Recovery Act funds. These renovations will not only generate many necessary upgrades to thousands of affordable apartments, but they will also create jobs and save money for thousands of residents. A complete list of Recovery Act Green Retrofit Program awards being issued today can be viewed in full here.

WASHINGTON, DC - August 20, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today a major Recovery Act milestone: 100 affordable housing developments, including 8,112 homes, around the country have been awarded more than $100 million to complete energy efficient renovations with Recovery Act funds. These renovations will not only generate many necessary upgrades to thousands of affordable apartments, but they will also create jobs and save money for thousands of residents. A complete list of Recovery Act Green Retrofit Program awards being issued today can be viewed in full here.