Marketing & Statistics

Washington, DC - August 3, 2010 - (RealEstateRama) -- Pending home sales edged down with near-term sales expected to be notably lower in contrast to the spring surge when buyers rushed to take advantage of the home buyer tax credit, according to the National Association of Realtors

Palos Verdes Peninsula, CA - August 2, 2010 - (RealEstateRama) -- It was emergencies, disasters and unfortunate situations that produced the Disaster Response Industry. It also was these same things that produced the Insurance industry, and since the beginning of both industries there has been a dark shroud surrounding both filled with greed, ambulance chasing and misinformation.

Nine of Top 10 Most Severely Affected Metros Post Year-Over-Year Declines in Foreclosure Activity, but Rates Remain 3 to 5 Times Higher than National Average IRVINE, Calif. - July 30, 2010 - (RealEstateRama) -- RealtyTrac® (realtytrac.com), the leading online marketplace for foreclosure properties, today released its Midyear 2010 Metropolitan Foreclosure Market Report, which shows 154 of the 206 U.S. metropolitan areas with a population of 200,000 or more posted year-over-year increases in foreclosure activity even while foreclosure activity decreased in nine of the 10 metros with the highest foreclosure rates.

Top Mortgage Loan Fraud SARs by Metropolitan Statistical Areas, County, State. VIENNA, VA - July 30, 2010 - (RealEstateRama) -- The Financial Crimes Enforcement Network (FinCEN), today released its 2009 Mortgage Loan Fraud (MLF) study which found the number of mortgage fraud suspicious activity reports (SARs) filed in 2009 grew 4 percent compared with the number of mortgage fraud SARs filed in 2008. FinCEN also reported today that just looking at the fourth quarter of 2009, mortgage fraud SAR filings increased 6 percent over the same period in 2008

Washington, DC - July 30, 2010 - (RealEstateRama) -- Testifying before a House panel today, Jim Helsel, treasurer of the National Association of Realtors® and commercial real estate specialist, told members that a strong commercial real estate sector is vital to millions of U.S. jobs and helps keep the national economy afloat.

WASHINGTON, D.C. - July 30, 2010 - (RealEstateRama) -- The remodeling market slid backward during the second quarter, according to the latest National Association of Home Builders' (NAHB) Remodeling Market Index (RMI). The RMI (combining current and future market indicators) sunk to 40.7 from 43.8 in the first quarter. Current market conditions slid back to 42.6 from 44.5 in the previous quarter. Future indicators of remodeling business declined to 38.9 from 43.1 in the last quarter.

WASHINGTON, D.C. - July 29, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 23, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 4.4 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 4.2 percent compared with the previous week

Washington, DC - July 29, 2010 - (RealEstateRama) -- Second quarter 2010 commercial and multifamily mortgage loan originations were one percent higher than during the same period last year and 35 percent higher than during the first quarter, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

McLean, VA – Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), with the 30-year and 15-year fixed-rate mortgages reaching record lows for this survey. (The 30-year fixed-rate survey began in 1971, and the 15-year began in 1991

WESTLAKE VILLAGE, CA - July 28, 2010 - (RealEstateRama) -- Reflective of the real estate buyers’ market conditions in many regions in the U.S., satisfaction with real estate companies among home buyers has improved from 2009, while satisfaction among home sellers has declined, according to the J.D. Power and Associates 2010 Home Buyer/Seller StudySM released today.

McLean, VA - July 28, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) released the results of its second quarter cash-out refinance analysis.

WALTHAM, MA - July 27, 2010 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales were up in June, marking the 12th straight month of year-over-year increases. Both single-family and condominium median prices were also up in June and in Q2 compared to the same time last year.

Washington, DC - July 27, 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 4.91 percent based on loans closed in June. This is a decrease of 0.08 percent from the previous month

EMERYVILLE, CA - July 26, 2010 - (RealEstateRama) -- Despite slowdowns in home sales across the country, California is still the nation’s hottest spot for home buying activity, with homes fetching multiple offers and selling above list price, according to the Q2 2010 Home Hunter report released today by ZipRealty (ZIPR).

SACRAMENTO, CA - July 26, 2010 - (RealEstateRama) -- Total housing starts in California continued to gain ground in June and posted the largest monthly total since December of 2008, the California Building Industry Association announced today

WASHINGTON, D.C. - July 26, 2010 - (RealEstateRama) -- Coming off an historic low in May, sales of newly built, single-family homes rose 23.6 percent to a seasonally adjusted annual rate of 330,000 units in June, according to U.S. Commerce Department data released today.

LOS ANGELES, CA - July 23, 2010 - (RealEstateRama) -- Home sales decreased 4.2 percent in June in California compared with the same period a year ago, while the median price of an existing home rose 13.6 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

SPRINGFIELD, IL - July 23, 2010 - (RealEstateRama) -- Home prices in Illinois are showing signs of stabilizing with continued positive year-over-year median price growth and 10 straight months of mostly double-digit sales increases; the Chicago region marked a year of positive sales activity in June. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in June 2010 were up 18.3 percent, totaling 13,072 homes sold compared to June 2009 sales of 11,048 homes. The median price in June 2010 was $170,000, up 2.5 percent from $165,825 in June 2009. The median is a typical market price where half the homes sold for more, half sold for less.

ORLANDO, FL - July 23, 2010 - (RealEstateRama) -- Sales of existing homes in Florida rose 15 percent in June, marking 22 consecutive months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®.A total of 18,038 single-family existing homes sold statewide last month compared to 15,732 homes sold in June 2009, according to Florida Realtors. June’s statewide existing home sales increased 7.7 percent over statewide sales activity in May. Meanwhile, last month’s statewide existing-home median price of $143,400 was 2.1 percent higher than May’s statewide existing-home median price of $140,400. It marks the fourth month in a row that the statewide existing-home median price has increased over the previous month’s median.

McLean, VA - July 22, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), with the 30-year and 15-year fixed-rate mortgages reaching record lows for this survey. (The 30-year fixed-rate survey began in 1971, and the 15-year began in 1991.)

Washington, DC - July 22, 2010 - (RealEstateRama) -- With the scheduled closing deadline for the home buyer tax credits, existing-home sales slowed in June but remained at relatively elevated levels, according to the National Association of Realtors

Albany, NY - July 22, 2010 - (RealEstateRama) -- The New York state housing market continued its strong start to 2010 as second quarter sales, helped by a record-setting June sales total, jumped more than 71 percent from the first quarter, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.

The size of new U.S. single-family homes completed in 2009 declined, dropping to a nationwide average of 2,438 square feet and reversing trend of the past three decades, according to a National Association of Home Builders (NAHB). New single-family homes were almost 100 square feet smaller in 2009 than they were [...]

WASHINGTON, D.C. - July 21, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 16, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased 7.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 19.5 percent compared with the previous week, which included the Independence Day holiday.

Taos, NM - July 21, 2010 - (RealEstateRama) -- Your email signature is your daily communication with friends, family, co-workers, vendors and your customers. Each and every email communication should be treated as a potential source of business that is targeted at keeping your products and services in the forefront of your recipients minds. Doing so can greatly increase your business and your overall image as a leader in your industry

Albany, NY- July 20, 2010 - (RealEstateRama) -- The New York State Association of REALTORS, in partnership with the Siena Research Institute (SRI) released the first-ever quarterly New York State Consumer Real Estate Sentiment scores for the 2010 second quarter.

ASHINGTON, DC - July 21, 2010 - (RealEstateRama) -- Concerns about the global economic recovery, including lingering worries regarding European sovereign debt, and increasing caution at home among private employers and consumers are evidence of the tenuous nature of the current economic recovery, according to the July 2010 Economic Outlook released today by Fannie Mae's (FNMA/OTC) Economics & Mortgage Market Analysis Group. The group has revised its projected growth for 2010 to 2.8 percent from 3.2 percent, and remains on guard for a setback amidst increased uncertainty and downside risks.

WASHINGTON, DC - July 20, 2010 - (RealEstateRama) -- Independent mortgage bankers and subsidiaries made an average profit of $606 on each loan they originated in the first quarter of 2010, down from $890 per loan in the fourth quarter of 2009 and $1,088 in the first quarter of 2009, according to the Mortgage Bankers Association (MBA)’s 1st Quarter 2010 Mortgage Bankers Production Survey released today

July 20, 2010 - (RealEstateRama) -- Town & Country Real Estate is pleased to report that the North Fork Home Sales Report for the 2nd quarter 2010 demonstrates a solid rebound. JAMESPORT (which includes Aquebogue, Baiting Hollow and South Jamesport) leads the report with an outstanding 160% increase in the Number of Home Sales from 10 in 2nd quarter 2009 to 26 in 2nd quarter 2010. Additionally, JAMESPORT’S Total Home Sales Volume continues that ascend with a 169% increase from $3.8M to $10.2M in 2nd quarter 2009 to 2010 respectively. The Median Home Sales Price rose slightly (2.76%) from $370,000 to $380,200, year to year. Most of the activity occurred in the price category of under $500,000 where 24 of the 26 home sales occurred.

July 20, 2010 - (RealEstateRama) -- What a difference a year makes! It’s a wonderful thing to see Black dominate over Red! Town & Country Real Estate monitors 11 specific Hampton markets – each very different. We are pleased to report that in all 11 Hampton markets, the Number of Home Sales and Total Home Sales Volume saw increases – significant ones at that.