Catherine Nesset's Real Estate News

National home sales plummet to a 40-year low
February 1st, 2010 3:30 PM

National home sales plummet to 40-year low

Atlanta Business Chronicle

Published: January 25, 2010

Existing home sales declined almost 17 percent in December, the largest in more than 40 years — and the latest sign that the economy and the housing market continue to struggle.

View full article

Posted by Catherine A. Nesset on February 1st, 2010 3:30 PMPost a Comment (0)

Atlanta's December home sales are down nearly 17%
February 1st, 2010 3:27 PM

December home sales down nearly 17 percent
AJC 1/25/2010

Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, plunging far deeper than expected after lawmakers gave buyers extended time to use a tax credit.


Posted by Catherine A. Nesset on February 1st, 2010 3:27 PMPost a Comment (0)

Washington Report: FHA Tightening Standards
February 1st, 2010 3:20 PM

Washington Report: FHA Tightening Standards

Realty Times  1/25/2010
------------------
FHA is tightening up its standards for home buyers - but the changes are not as tough as some analysts had feared - especially on downpayments.
Full Story: http://realtytimes.com/rtpages/20100125_washingtonreport.htm


Posted by Catherine A. Nesset on February 1st, 2010 3:20 PMPost a Comment (0)

Can Home Market Bouce Back Without More Help?
December 15th, 2009 1:37 PM

Posted by Catherine A. Nesset on December 15th, 2009 1:37 PMPost a Comment (0)

Home values rise for 2nd consecutive quarter
December 15th, 2009 1:36 PM

Atlanta Business Chronicle

Published: December 8, 2009

Freddie Mac's quarterly report on home prices shows they rose for the second consecutive quarter in all but two of the regions in tracks.

View full article

Posted by Catherine A. Nesset on December 15th, 2009 1:36 PMPost a Comment (0)

Mortgage apps, housing starts fall
November 19th, 2009 9:16 AM

Atlanta Business Chronicle  - Nov. 18, 2009

Recent enthusiasm for the housing market is waning. The latest reports show mortgage applications and new home construction on the decline.

In the South, new home starts dropped 33.2 percent and new housing permits were down 24.5 percent compared with October 2008.

Breaking down the mortgage activity report, the index of home purchase applications sank nearly 5 percent last week to the lowest level since November of 1997 while refinance applications eased 1 percent even as refinancing expanded its majority of mortgage activity.


Posted by Catherine A. Nesset on November 19th, 2009 9:16 AMPost a Comment (0)

Fannie Mae sees end to the housing slump
November 19th, 2009 9:07 AM

Fannie Mae sees end to the housing slump

The Washington Post

Nov. 18, 2009

Fannie Mae, responsible for almost one in four U.S. residential mortgages, said the three-year housing slump may end in 2010 with an 11 percent jump in home sales as the economic recession is "unofficially" over.

The economic rebound will still be "relatively weak" compared with other recoveries from deep recessions, the District-based company said in an economic and housing forecast. Median home prices are still likely to fall next year, by less than 1 percent, as sales rise, Fannie Mae said.


Posted by Catherine A. Nesset on November 19th, 2009 9:07 AMPost a Comment (0)

Conforming mortgage caps won't change
November 14th, 2009 7:26 PM

Conforming mortgage caps won't change

Published: November 13, 2009

Despite falling housing prices, the limits on what are considered conforming mortgages won't change for 2010.

To continue reading, go to: http://atlanta.bizjournals.com/atlanta/stories/2009/11/09/daily83.html?surround=etf&ana=e_article


Posted by Catherine A. Nesset on November 14th, 2009 7:26 PMPost a Comment (0)

Realtors: Housing, economy outlook hopeful
November 14th, 2009 7:26 PM

Realtors: Housing, economy outlook hopeful

Published: November 13, 2009

Aided by the home buyer tax credit, the outlook for housing and the economy appears headed for a sustainable recovery, the National Association of Realtors said Friday.

To continue reading, go to: http://atlanta.bizjournals.com/atlanta/stories/2009/11/09/daily91.html?surround=etf&ana=e_article


Posted by Catherine A. Nesset on November 14th, 2009 7:26 PMPost a Comment (0)

Pending Sales Rise
November 11th, 2009 10:41 AM

Real Estate Outlook: Pending Sales Rise

Nov. 10.2009
---------------------------------------
A record jump in pending home sales -- pointing to higher numbers of closed transactions in the next two to three months -- tops the housing economic news this week.

Read the Full Story At:

http://realtytimes.com/rtpages/20091110_realestateoutlook.htm


Posted by Catherine A. Nesset on November 11th, 2009 10:41 AMPost a Comment (0)

Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

Coldwell Banker Residental Brokerage
Phone: Cell: Fax:

Contact Us | Getting the Highest Price | Free Home Valuation | Catherine's Newsletter | Market Watch-N Metro Atl | Real Estate Glossary | Featured Listings | Home | Fixed Rate Mtg Calc | Required Income Calc | Refi Interest Savings Calc | Refi Breakeven Calc | Mortgage Calculators | How to Sell Your Home | Staging Your Home | A holiday sale? | RealEstateNews

Copyright © 2010 Coldwell Banker Residental Brokerage
Portions Copyright © 2010 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.