Lake Geneva Real Estate & Mortgage Info

Foreclosures Per Capita | February 2010

Travis Egan — Thu, 11 Mar 2010 13:55:30 +0000

According to foreclosure-tracking firm RealtyTrac, foreclosure filings topped 300,000 for the 12th straight month last month as 1 in every 418 U.S. homes received a foreclosure filing.

7 Weeks Remain To Find A Home, Claim Up To $8,000 In Tax Credits

Travis Egan — Tue, 09 Mar 2010 13:55:30 +0000

In November, Congress extended and expanded the First-Time Home Buyer Tax Credit program to include a subset of "move-up" buyers -- homeowners that have owned and lived in their home for 5 of the last 8 years. The credit ranges up to $8,000 per buyer. There's now just 7 weeks left to take advantage. To be eligible, home buyers must be under contract for a new home no later than April 30, 2010, and must be closed no later than June 30, 2010.

What’s Ahead For Lake Geneva Real Estate Mortgage Rates This Week : March 8, 2010

Travis Egan — Mon, 08 Mar 2010 13:49:35 +0000

Mortgage markets improved last week in low-volume trading.

Lake Geneva Real Estate Pending Home Sales Drag In January, But Should Rebound For Spring

Travis Egan — Fri, 05 Mar 2010 13:55:15 +0000

Fewer homes went under contract in January as the housing market continues to limp through the winter months. According to the National Association of RealtorsÂ®, the Pending Home Sales Index fell to its lowest level in 3 quarters this January. By contrast, in October 2009, the index had touched a 3-year high.

Tying Friday’s Jobs Report To Rising Lake Geneva Real Estate Mortgage Rates

Travis Egan — Thu, 04 Mar 2010 13:55:05 +0000

Non-Farm Payrolls is the official name of the government's monthly jobs report and, given the fragile state of the U.S. economy, Wall Street will be watching it closely. Mortgage rates could spike come Friday morning.

Lake Geneva Real Estate Existing Home Sales Drop Again In January But Stay On The Trendline.

Travis Egan — Tue, 02 Mar 2010 13:55:18 +0000

Anecdotal evidence is showing sales activity higher through February and into March. And, although it's unlikely we'll see a spike through April like we did last November, buy-side demand for homes should remain strong. The good news of the sagging sales reports is that today's buyers may find home prices are lower and sellers are more willing to negotiate.