Catherine Nesset's Real Estate News

Metro Atanta Foreclosures Skyrocket this Month
March 1st, 2010 12:54 PM

Foreclosure notices in metro Atlanta jumped 27 percent in February, compared with January. They were up 34 percent when compared to a year ago, according to data just released from Equity Depot.

Metro Atlanta foreclosures skyrocket this month

AJC.com 2/8/10


Posted by Catherine A. Nesset on March 1st, 2010 12:54 PMPost a Comment (0)

Home Prices Stabilize at end of '09
March 1st, 2010 12:50 PM

Home sale prices in metro Atlanta fell 3.4 percent in the last three months of 2009 from a year earlier, the smallest annual decline in several quarters and an indication the local market has at least stabilized.

Home prices stabilize at end of ‘09*

The Atlanta Journal-Constitution 2/11/10


Posted by Catherine A. Nesset on March 1st, 2010 12:50 PMPost a Comment (0)

Foreclosures Down in January, but Surge on way?
March 1st, 2010 12:46 PM

The number of U.S. households facing foreclosure in January increased 15 percent from the same month last year, and a surge in cash-strapped homeowners who've fallen behind on mortgages could be on the way.

Foreclosures down in January, but surge on way?*

AJC 2/11/2010


Posted by Catherine A. Nesset on March 1st, 2010 12:46 PMPost a Comment (0)

Georgia 10th in Foreclosures in January
March 1st, 2010 12:43 PM

Georgia started the year in a familiar place in January -- in the top 10 for foreclosures, according to RealtyTrac’s January 2010 Foreclosure Market Report.

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Atlanta Business Chronicle 2/11/2010


Posted by Catherine A. Nesset on March 1st, 2010 12:43 PMPost a Comment (0)

Mortgage Rates Back Below 5%
March 1st, 2010 12:41 PM

Long-term mortgage rates are back below 5 percent, according to Freddie Mac’s (NYSE: FRE) weekly rate report.

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Atlanta Business Chronicle 2/11/2010


Posted by Catherine A. Nesset on March 1st, 2010 12:41 PMPost a Comment (0)

Foreclosure Notices Could Climb in Months to come
March 1st, 2010 12:38 PM

The number of published foreclosure notices in the 13-county metro area rose in February and will likely rise again in March, according to according to data from Alpharetta-based Equity Depot.

Foreclosure notices could climb in months to come*

The Atlanta Journal-Constitution 2/8/2010


Posted by Catherine A. Nesset on March 1st, 2010 12:38 PMPost a Comment (0)

Consider FICO Score Before Closing that Credit Card Account
March 1st, 2010 12:35 PM

More than 43% of consumers say their credit card companies have made one or some combination of the following changes to their accounts:

Consider FICO score before closing that credit card account - USATODAY.com*

USATODAY 2/9/2010


Posted by Catherine A. Nesset on March 1st, 2010 12:35 PMPost a Comment (0)

Mortgage Applications Jump 21% on Refi Wave
March 1st, 2010 12:32 PM

Mortgage Applications Jump 21% on Refi Wave
Demand for U.S. home loans rose to a six-week high on a mini refinance wave, with borrowers pushing to lock in rates before they climb later this year, the Mortgage Bankers Association said on Wednesday.

http://www.cnbc.com/id/35213452/

CNBC 2/3/2010


Posted by Catherine A. Nesset on March 1st, 2010 12:32 PMPost a Comment (0)

Pending Home Sales Stabilize, Remain above Year-Ago Levels
March 1st, 2010 12:29 PM

RISMEDIA, February 3, 2010—Pending home sales have leveled from a market swing driven by response to the home buyer tax credit, according to the National Association of Realtors®.

http://rismedia.com/2010-02-02/pending-home-sales-stabilize-remain-above-yea
r-ago-levels/

RisMedia 2/3/2010


Posted by Catherine A. Nesset on March 1st, 2010 12:29 PMPost a Comment (0)

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)

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