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NEW YORK (CNNMoney.com) -- Home prices fell 12.4% during the fourth quarter of 2008, the largest year-over-year decline since the National Association of Realtors began keeping comprehensive records in 1979. The median price for a U.S. home sold during the fourth quarter of 2008 fell to $180,100,...
Posted about 5 years ago
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WASHINGTON - Feb. 3, 2009 - Homebuyers could see lower mortgage rates and get tax credits as part of a sweeping economic stimulus package being considered on Capitol Hill.Lawmakers are heeding the pleas of two powerful and well-heeled interest groups: real estate agents and homebuilders. Those in...
Posted about 5 years ago
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WASHINGTON - Feb. 3, 2009 - Homebuyers could see lower mortgage rates and get tax credits as part of a sweeping economic stimulus package being considered on Capitol Hill.Lawmakers are heeding the pleas of two powerful and well-heeled interest groups: real estate agents and homebuilders. Those in...
Posted about 5 years ago
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ORLANDO, Fla. - Feb. 5, 2009 - What can Realtors do about mortgage fraud? According to "The Impact of Mortgage Fraud On Florida," a research report compiled by the National Association of Realtors® (NAR), Florida ranks in the top 10 nationally, per capita, for mortgage fraud. But Realtors can pla...
Posted about 5 years ago
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ORLANDO, Fla. - Feb. 9, 2009 - Buying a house doesn't necessarily require getting a 30-year, fixed-rate mortgage. More and more people are exploring alternative financing plans as it gets harder to get a conventional bank loan.Here are some creative ways to pay for a home, according to some finan...
Posted about 5 years ago
WASHINGTON - Feb. 9, 2009 - Fannie Mae modified a policy that allowed real estate investors to have only four financed properties. The number can now be five to 10, depending on whether certain eligibility, underwriting and delivery requirements are met. Florida Association of Realtors® (FAR) Pre...
Posted about 5 years ago
PERRY & YOUNG SPONSORS FORECLOSURE SEMINAR - Why the federal government bailout isn't the answer.    With home foreclosures at an all time high in Bay County, the law firm of Perry & Young is sponsoring a free seminar to assist home owners, realtors and investors to help guide their way through t...
Posted about 5 years ago
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(Fortune Small Business) -- Not long ago, for sale by owner (FSBO) Web sites were heralded as a fresh entrepreneurial wave that was going to upend the staid real estate industry. In 2006 real estate sales "unassisted" by a broker accounted for 20% of sales made, says Steve Murray, editor and owne...
Posted about 5 years ago
WASHINGTON - May 4, 2007 - As state lawmakers rush to reform lending practices that have contributed to a recent surge of mortgage defaults and foreclosures, consumer advocates say these efforts fall short of what is truly needed: a federal law protecting home buyers.The number of foreclosures na...
Posted almost 7 years ago
WASHINGTON, May 03, 2007 - NAR has supported FHA modernization legislation in H.R. 1852, the Expanding American Homeownership Act of 2007, that would increase loan limits, eliminate the statutory 3 percent minimum cash down payment, and allow FHA flexibility to provide risk-based pricing. NAR als...
Posted almost 7 years ago
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