| • |
11/28/2007 October home sales plummet, inventory soars
|
|
The U.S. sales rate for previously owned homes fell for the eighth consecutive month in October, the National Association of Realtors reported today, while inventory levels climbed for the ninth consecutive month.
|
|
|
| • |
11/28/2007 Refis tumble during Thanksgiving week
|
|
Despite an uptick in loan applications for home purchases, overall application volume fell during the week of Thanksgiving, the Mortgage Bankers Association reported today.
|
|
|
| • |
11/28/2007 Wells Fargo tightens home equity loan standards
|
|
Wells Fargo & Co. said it is tightening underwriting standards on home equity loans as it takes a $1.4 billion fourth-quarter write-down on loans originated through wholesale and correspondent channels.
|
|
|
| • |
11/28/2007 Overnight real estate rates continue decline
|
|
Long-term mortgage interest rates were down again Tuesday, and the benchmark 10-year Treasury bond yield rose to 3.95 percent.
|
|
|
| • |
11/28/2007 Local knowledge key for small investors in urban areas
|
|
Editor's note: After decades of decline, many U.S. cities are showing
signs of rebirth. This three-part series examines a little of what happened to
pull people and development away from cities, what's attracting them back, how
shrewd private investors are spotting trends, and what institutional investment
and redevelopment projects have done to bring some cities back to life. (Read
Part 1, "Why cities shrink ... and grow.")
|
|
|
| • |
11/28/2007 How to Web 2.0 your real estate company
|
|
|
|
|
| • |
11/28/2007 Freddie Mac issuing $6 billion in stock to raise capital
|
|
Freddie Mac will issue $6 billion in preferred stock and cut fourth-quarter dividends to shareholders in an effort to maintain mandatory capital surpluses, the mortgage repurchaser said Tuesday.
|
|
|
| • |
11/28/2007 Fannie Mae and Freddie Mae Report Losses
|
|
During the past two weeks Fannie Mae and Freddie Mac have reported losses of more than $3.5 billion, enough to worry Wall Street investors and drive down stock values for both companies. But the question is: What about you? Should you be concerned?
|
|
|
| • |
11/28/2007 Case/Shiller Index Housing Prices Down, Interest Rates Follow
|
|
Housing prices have fallen five percent since their peak July 2006, according to the September Standard & Poor's Case/Shiller monthly index, but the damage isn't as bad as the financial press makes it out to be. While Robert Shiller, chief economist for MacroMarkets LLC notes that the 1.7 percent drop in 20 index markets is the biggest single slide ever, the aggregrate 4.5 percent year-over-year slide is nothing compared to the 10 percent bath stockholders took just this month.
|
|
|
| • |
11/28/2007 Virginia Cook of Virginia Cook, Realtors: Texas Real Estate Market is Strong and Stable
|
|
There are many great reasons to feel very good about owning Texas real estate, according to industry experts.
|
