Home prices fell to their lowest point in more than a decade in January, but that helped to lift the pace of home sales, according to a report from an industry trade group.
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Home prices at lowest point in more than 10 years
February 22nd, 2012 
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Real Estate Still Best Long Term Investment According to OwnAmerica Survey – MarketWatch (press release)
February 22nd, 2012 admin |
Real Estate Still Best Long Term Investment According to OwnAmerica Survey
MarketWatch (press release) RYE, NY, Feb 22, 2012 (BUSINESS WIRE) — Despite a prolonged downturn in the housing market, real estate is still the best long term investment, according to 84% of respondents in OwnAmerica's recent survey on real estate investing. |
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Pure Industrial Real Estate Trust Provides Update on Recent Operations
February 22nd, 2012 admin VANCOUVER , Feb. 22, 2012 /CNW/ – Pure Industrial Real Estate Trust ("PIRET" or "REIT") (TSXV: AAR-UN.V – News) today provides an update on recent operational activities.PIRET has refinanced … View full post on real estate – Yahoo! News Search Results
LPS Previews January Delinquency Data
February 22nd, 2012 admin Posted To: MND NewsWire
In its Monthly Mortgage Monitor Report Lender Processing Services (LPS) will report that the national delinquency rate , loans that are 30 days or more late, but not in foreclosure, decreased 2.2 percent in January to 7.97 percent. This is a drop of 10.5 percent from the rate in January 2011. The total number of loans in the 30+ day delinquent category nationwide is 3,998,000. Of those loans a total of 1,772,000 are seriously delinquent, that is 90+ days overdue but not yet in foreclosure. The foreclosure inventory, loans that are in the process of foreclosure continues, to rise and is 1.1 percent higher than in December at 4.15 percent. This is 1 basis point below where it was one year earlier. Loans in foreclosure now number 2,084,000. The total of mortgage loans that are at least one payment…(read more)
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Mortgage Applications Slow as Average Rates Rise
February 22nd, 2012 admin Posted To: MND NewsWire
Mortgage applications decreased during the week ended February 17 according to the Weekly Mortgage Applications Survey released this morning by the Mortgage Bankers Association (MBA), The Market Composite Index measuring the volume of applications decreased 4.5 percent on a seasonally adjusted basis and 3.6 percent unadjusted from the week ended February 10. The Refinancing Index declined 4.8 percent while the volume of applications for home purchases decreased 2.9 percent on a seasonal adjusted basis. The unadjusted Purchase Index was 1.4 percent lower than the week before and down 9.2 percent from the same week in 2011. Applications for refinancing composed 80.1 percent of all applications compared to 81.1 percent the previous week. The four week moving average of the seasonally adjusted…(read more)
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