tag:typepad.com,2003:weblog-41515 2009-11-12T12:02:38-05:00 TypePad 40.765714-73.985607newhomebloghttp://feedburner.google.com tag:typepad.com,2003:post-6a00d8341cce4453ef012875894fcc970c 2009-11-12T12:02:38-05:00 2009-11-12T12:02:38-05:00 Primary Editor The Mortgage Bankers Association’s index of applications to buy a house dropped 12 percent in the week ended Nov. 6 to 220.9, the lowest level since Dec. 2000. The group’s refinancing gauge rose 11 percent as interest rates decreased, pushing the...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/Z5xOoe-WEFU" height="1" width="1"/> http://new.homeblog.com/2009/11/home-purchase-index-in-us-plunges-to-lowest-level-since-2000.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a5d9039f970b 2009-10-11T09:41:16-04:00 2009-10-11T09:41:16-04:00 Primary Editor If you’re planning to put your home on the market, it’s not your manners that need polishing. Try your silver, among other improvements. Now, more than ever, getting a signed contract in hand is all about price and quality. Here's a few tips to...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/JVPP99jAWTg" height="1" width="1"/> http://new.homeblog.com/2009/10/how-to-move-your-house-in-a-tough-market.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a62f96c0970c 2009-10-11T09:35:35-04:00 2009-10-11T09:35:35-04:00 Primary Editor U.S. housing prices may still fall more than 10 per cent, killing an incipient recovery, as demand from first-time home buyers fades, leading economist Nouriel Roubini said Thursday. Mr. Roubini, one of the few economists who accurately predicted...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/4GKJiQ6L0x8" height="1" width="1"/> http://new.homeblog.com/2009/10/us-housing-hasnt-bottomed-prices-may-fall-10.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a5d90119970b 2009-10-11T09:33:23-04:00 2009-10-11T09:33:23-04:00 Primary Editor The worst recession since the Great Depression has left a scorched landscape that will weigh on the labor market and the broader economy for years to come, according to economists in the latest Wall Street Journal forecasting survey. The 48 surveyed...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/6zpu5LyvRvY" height="1" width="1"/> http://new.homeblog.com/2009/10/us-jobless-rate-may-exceed-6-until-2013-poll-shows.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a6252eda970c 2009-10-08T14:22:51-04:00 2009-10-08T14:22:51-04:00 Primary Editor Mortgage rates for 30-year fixed U.S. home loans fell for the second consecutive week, pushing borrowing costs to near record lows. The average U.S. 30-year rate dropped to 4.87 percent from 4.94 percent last week. The 15-year rate was 4.33 percent,...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/xqPf4PwwPgs" height="1" width="1"/> http://new.homeblog.com/2009/10/thirty-year-mortgage-rates-drop-to-near-record-487.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a60e3afb970c 2009-10-02T20:07:47-04:00 2009-10-02T20:07:47-04:00 Primary Editor Manhattan apartment prices fell for a second consecutive quarter, helping drive the biggest gain in sales in more than 13 years as buyers seized on discounts. The median price slid 8.4 percent to $850,000 in the third quarter from a year earlier....<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/Jrel01pj56M" height="1" width="1"/> http://new.homeblog.com/2009/10/manhattan-apartment-prices-drop-for-second-quarter.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a5e3a45d970c 2009-09-22T10:05:21-04:00 2009-09-22T10:05:21-04:00 Primary Editor Among U.S. homeowners with mortgages, a record 7.58 percent were at least 30 days late on payments in August, up from 7.32 percent in July, according to the data obtained exclusively by Reuters. August marked the fourth consecutive monthly increase...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/ezKs2f6yRfI" height="1" width="1"/> http://new.homeblog.com/2009/09/us-mortgage-delinquencies-set-record.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a5801c5d970b 2009-09-18T10:43:30-04:00 2009-09-18T10:43:30-04:00 Primary Editor Warren Buffett tells CNBC that while the economy "hasn't gotten worse" but also hasn't "gotten much better" over the past three months, he doesn't expect a 'double-dip' recession and sees significant improvement in residential real estate. He also...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/-dnNE-3OS2E" height="1" width="1"/> http://new.homeblog.com/2009/09/warren-buffett-to-cnbc-no-bounce-for-economy-but-residential-real-estate-has-improved.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a5be2d9b970c 2009-09-12T10:58:02-04:00 2009-09-12T10:58:02-04:00 Primary Editor START WITH THE BASICS Let’s begin with some other standards, tried and true advice that served banks and borrowers well for years, until they forgot all about them in the race to write more loans and buy bigger houses. Put 20 percent down, so you...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/N9w-h0YoI2Q" height="1" width="1"/> http://new.homeblog.com/2009/09/seven-new-rules-for-the-first-time-home-buyer.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a5679e5a970b 2009-09-12T10:41:08-04:00 2009-09-12T10:41:08-04:00 Primary Editor The president’s chief economic adviser warned Friday that the nation’s unemployment rate could stay “unacceptably high” for years to come — a situation that would seriously complicate Barack Obama’s ability to convince Americans that he’s beating...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/Vwmrb-FlVBU" height="1" width="1"/> http://new.homeblog.com/2009/09/white-house-econ-advisor-high-unemployment-for-years-to-come.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a560e2aa970b 2009-09-10T11:28:27-04:00 2009-09-10T11:28:27-04:00 Primary Editor Foreclosure filings in the U.S. exceeded 300,000 for the sixth straight month as job losses that boosted the unemployment rate to a 26-year high left many homeowners unable to keep up with their mortgage payments. A total of 358,471 properties...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/hsLikL_AFMs" height="1" width="1"/> http://new.homeblog.com/2009/09/us-foreclosure-filings-top-300000-for-sixth-straight-month.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a50d300d970b 2009-08-21T14:14:58-04:00 2009-08-21T14:14:58-04:00 Primary Editor Existing-home sales surged 7.2 percent to a 5.24 million annual pace, the highest jump since August 2007. Economists had expected a rise of just 2.2 percent. Home sales were up 5 percent year over year. It was the fourth straight month sales have...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/rFvPW6_Z-L0" height="1" width="1"/> http://new.homeblog.com/2009/08/dow-soars-over-100-points-after-july-home-sales-numbers.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a5634515970c 2009-08-21T09:58:32-04:00 2009-08-21T09:58:32-04:00 Primary Editor More than one in every eight homeowners with a mortgage was behind on home loan payments or in some stage of foreclosure at the end of the second quarter, as mounting unemployment aggravated the housing crisis, the Mortgage Bankers Association said...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/jsbtNiVlxek" height="1" width="1"/> http://new.homeblog.com/2009/08/mounting-joblessness-fuels-us-housing-crisis.html tag:typepad.com,2003:post-6a00d8341cce4453ef0120a5492ee1970c 2009-08-13T21:23:23-04:00 2009-08-13T21:23:23-04:00 Primary Editor There were more than 360,000 properties with foreclosure filings -- including default notices, scheduled auctions and bank repossessions -- an increase of 7% from June and 32% from July 2008, according to RealtyTrac, an online marketer of foreclosed...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/w-Lh8mMCJyc" height="1" width="1"/> http://new.homeblog.com/2009/08/foreclosure-plague-continued-to-devastate-in-july.html tag:typepad.com,2003:post-6a00d8341cce4453ef0115724a05a9970b 2009-07-30T11:47:38-04:00 2009-07-30T11:47:38-04:00 Primary Editor Las Vegas and Cape Coral-Fort Myers, Florida led U.S. metropolitan areas in foreclosures in the first half of the year as unemployment and falling home prices forced home-loan defaults, The Las Vegas area had the highest rate of foreclosure filings,...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/c4jrbhjkrIU" height="1" width="1"/> http://new.homeblog.com/2009/07/las-vegas-fort-myers-florida-lead-us-cities-in-foreclosures.html tag:typepad.com,2003:post-6a00d8341cce4453ef01157151587a970c 2009-07-29T10:37:00-04:00 2009-07-29T10:37:00-04:00 Primary Editor "This is the first time in almost three years that we've seen price increases," says Yale University professor Robert Shiller, who helped design the home price index. "So when we see a break in the downward trend that's definitely encouraging news."...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/BsCQELer6Ks" height="1" width="1"/> http://new.homeblog.com/2009/07/housing-market-shows-some-signs-of-recovery.html tag:typepad.com,2003:post-6a00d8341cce4453ef0115714c8eb0970c 2009-07-28T09:35:23-04:00 2009-07-28T09:35:23-04:00 Primary Editor New house sales in the US jumped by 11 per cent in June, providing some of the strongest evidence yet that the market has bottomed out after being savaged for three years. Greater demand is also chipping away at the housing glut. Last month the...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/VPk8wphv2W4" height="1" width="1"/> http://new.homeblog.com/2009/07/new-us-home-sales-up-11-in-june.html tag:typepad.com,2003:post-6a00d8341cce4453ef0115723c441b970b 2009-07-27T12:28:23-04:00 2009-07-27T12:28:23-04:00 Primary Editor After a Price Drop ($1.635 million), the Treasury Secretary Decides to Rent His House ($7,500 a month) and He's Not Alone. » ABC [ Contribute: submit link / submit article ]<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/WiTLD41vBYs" height="1" width="1"/> http://new.homeblog.com/2009/07/recessionomics-tim-geithner-cant-sell-house-either.html tag:typepad.com,2003:post-6a00d8341cce4453ef0115723716d6970b 2009-07-26T11:21:04-04:00 2009-07-26T11:21:04-04:00 Primary Editor The largest homebuilders are mothballing communities across the U.S., signaling they have little confidence that a market rebound is imminent. Builder shares have rallied 76 percent from the lows in November. They may fall more than 20 percent in...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/C0UtaJKPWI4" height="1" width="1"/> http://new.homeblog.com/2009/07/buyers-flee-signals-fleeting-builder-rally.html tag:typepad.com,2003:post-6a00d8341cce4453ef0115714235cf970c 2009-07-26T09:55:29-04:00 2009-07-26T09:55:29-04:00 Primary Editor July 22, 2009 -- The benchmark 30-year fixed-rate mortgage fell 3 basis points, to 5.55 percent. One year ago, the mortgage index was 6.77 percent; four weeks ago, it was 5.8 percent. The Fed "believes that a highly accommodative stance of monetary...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/VRErICYaKKE" height="1" width="1"/> http://new.homeblog.com/2009/07/mortgage-rates-down-for-4th-week.html tag:typepad.com,2003:post-6a00d8341cce4453ef0115713fe354970c 2009-07-25T15:25:36-04:00 2009-07-25T15:25:36-04:00 Primary Editor Can auctioning your cash to the highest bidder earn you a better deal? Is it worth paying more for a coastal property? Plus - could you get a better mortgage deal from China? [ MP3 ] Should you invest in coastal property?<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/y2FvpTFJaCM" height="1" width="1"/> http://new.homeblog.com/2009/07/podcast-should-you-invest-in-coastal-property.html tag:typepad.com,2003:post-34624180 2007-05-29T05:54:48-04:00 2007-05-29T05:54:48-04:00 Primary Editor Dr. Rajeev Dhawan, director of the Economic Forecasting Center at… Georgia State University: "The state's default rate on home loans, especially in the subprime market, is below the national average, [but] we've seen a steady rise in foreclosures…...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/yVtW_fU1XfY" height="1" width="1"/> http://new.homeblog.com/2007/05/georgia_economy.html tag:typepad.com,2003:post-34431324 2007-05-23T18:58:13-04:00 2007-05-23T18:58:13-04:00 Primary Editor As part of a New York state investigation into whether mortgage brokers pressure appraisers to inflate property values, First American Corp. (FAF)… A borrower who gets a home loan based on an inflated appraisal and falls behind on payments would...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/_xDcfSUq1XQ" height="1" width="1"/> http://new.homeblog.com/2007/05/ny_probe_into_a.html tag:typepad.com,2003:post-34349332 2007-05-22T09:36:20-04:00 2007-05-22T09:36:20-04:00 Primary Editor Historically, condos have cost more, partly because they had looser rules, and partly because of their scarcity. Although both are changing, the price differential between condos and co-ops has remained roughly the same. Nor has the shift toward...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/h4cOq7WlVLc" height="1" width="1"/> http://new.homeblog.com/2007/05/manhattan_condo.html tag:typepad.com,2003:post-34346678 2007-05-22T08:30:33-04:00 2007-05-22T08:30:33-04:00 Primary Editor Bubbles have silver linings because the infrastructure built during bubbles — the physical infrastructure and the cultural infrastructure — doesn't get torn down after they pop… All that new construction and renovation (fueled by home equity lines...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/VaQQbryX0gg" height="1" width="1"/> http://new.homeblog.com/2007/05/silver_lining_i.html tag:typepad.com,2003:post-34198430 2007-05-18T09:06:12-04:00 2007-05-18T09:06:12-04:00 Primary Editor Marin County's median for resale houses reached $1,010,000 last month, the first time any California county passed the million-dollar mark… The median price paid for a Bay Area home increased last month to $659,000, a new peak. That was up 3.1% from...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/om8veUMVXk4" height="1" width="1"/> http://new.homeblog.com/2007/05/california_mari.html tag:typepad.com,2003:post-34122278 2007-05-16T11:05:30-04:00 2007-05-16T11:05:30-04:00 Primary Editor The Department of Commerce said Wednesday morning construction permits fell to a ten-year low of 1.429 million. The 8.9% drop was the most severe in 17 years, and was well below the seasonally adjusted rate of 1.51 million forecasted by economists....<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/X6TCPUFJVz0" height="1" width="1"/> http://new.homeblog.com/2007/05/housing_permits.html tag:typepad.com,2003:post-34089162 2007-05-15T15:21:26-04:00 2007-05-15T15:21:26-04:00 Primary Editor Homeowners may well spend through the slump. With builders, lenders, and realtors slashing jobs, the housing bust is a serious drag on the economy. But there's a case to be made that despite the weakness in home prices, homeowners will keep spending...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/TUufzQGn2R4" height="1" width="1"/> http://new.homeblog.com/2007/05/housings_roof_w.html tag:typepad.com,2003:post-34026672 2007-05-14T09:39:10-04:00 2007-05-14T09:39:10-04:00 Primary Editor An auction of nearly 100 foreclosed homes here Saturday showed that mortgage lenders are having to accept huge discounts in some cases to unload such properties. A surge of foreclosures over the past year or so has left lenders struggling to sell a...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/85G0-hLhVoI" height="1" width="1"/> http://new.homeblog.com/2007/05/mortgage_woes_f.html tag:typepad.com,2003:post-33943494 2007-05-11T11:14:29-04:00 2007-05-11T11:14:29-04:00 Primary Editor While many Americans are worried that real estate prices have flattened and may even turn downward, some of the country's top commercial developers say there always is opportunity for those who manage their projects efficiently in a global market,...<img src="http://feeds.feedburner.com/~r/newhomeblog/~4/hQ5j26uwRSs" height="1" width="1"/> http://new.homeblog.com/2007/05/the_real_estate.html