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| Main / Real Estate |
Author: maricela Created: 2/12/2007 10:01 AM |
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Real Estate information locally or nationally. |
Tuesday, May 29, 2007
Boise Bench and Southeast Ada County property values have increased. The median increase in assessed value in Ada County is 16.7 percent. But in Southeast Ada County, the median assessment increased 23.64 percent. Boise Bench residents should expect to see the largest jump at 23.79 percent.
Source: Idaho Statesman
| Posted by maricela at 9:33 AM |
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Thursday, May 10, 2007
THE HOUSING NEWS isn't all grim. Even as prices sag nationwide, there are several cities in the country where home values are climbing smartly.
Portland, Ore., Boise, Idaho, Seattle, Salt Lake City Houston, Austin, and Charlotte and Raleigh, N.C, are among the cities bucking the national trend. Homes' appreciation there between the fourth quarters of 2005 and 2006 far exceeded the national average of 5.9%, according to the Office of Federal Housing Enterprise Oversight. In some markets, like Boise and Seattle, the appreciation jumped well into the double digits.
Source:
Wall Street Journal New York, NY 05/09/2007
By Dean Treftz
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| Posted by maricela at 11:47 AM |
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Tuesday, April 17, 2007
Rhode Island received $200,000 in federal housing grants to raise awareness about the rights of buyers and tenants under state and federal fair-housing laws. Rhode Island Housing's Executive Director, Richard Godfrey said, "Discrimination in the industry continues to hinder many Rhode Islanders' access," The Fair Housing Assistance Program investigates more than 10,300 discrimination complaints a year. Last October HUD awarded over $18 million to housing agencies in 42 states to promote education about housing discrimination.
Source: RISMedia
| Posted by maricela at 10:10 AM |
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Monday, April 02, 2007
McLean, VA Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.16 percent with an average 0.4 point for the week ending March 29, 2007, unchanged from last week when it averaged 6.16 percent. Last year at this time, the 30-year FRM averaged 6.35 percent.
The 15-year FRM this week averaged 5.86 percent with an average 0.4 point, down from last week when it averaged 5.90 percent. A year ago, the 15-year FRM averaged 6.00 percent.
Five-year Treasury-indexed hybrid adjustable-rate mortgages (ARMs) averaged 5.88 percent this week, with an average 0.5 point, down from last week when it averaged 5.91 percent. A year ago, the 5-year ARM averaged 6.02 percent.
One-year Treasury-indexed ARMs averaged 5.43 percent this week with an average 0.6 point, up from last week when it averaged 5.40 percent. At this time last year, the 1-year ARM averaged 5.51 percent.
(Average commitment ...
| Posted by maricela at 10:52 AM |
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Thursday, March 15, 2007
Attractive cities such as: New York, San Francisco, Moscow, and Shanghai continue to have increasing house prices on high-end property contrary to the real estate slowdown in the United States.
Sue Foxley, head of residential-property research at Jones Lang LaSalle said, "It's quite an interesting irony that these buyers are globally footloose, because there are probably only 100 streets around the world on their shopping lists."
Realtor Magazine Online Article
| Posted by maricela at 9:38 AM |
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Monday, March 12, 2007
Primary Mortgage, Market Survey
March 8, 2007
Average rate for 30-year was 6.14% and Fees/Pts were 0.5. The average rate for a 15-year was 5.86% and 0.5.
Freddie Mac Report
| Posted by maricela at 12:26 PM |
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Friday, March 02, 2007
Yesterday, March 1st, Freddie Mac released the results of Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage averaged 6.18 percent with an average 0.4 point for the week ending March 1, 2007. Last week the average was 6.22 percent and last year it averaged 6.24 percent. According to Frank Nothaft, Freddie Mac vice president and chief economist, "Mortgage rates drifted lower this week largely on the basis of new economic information suggestion a slower economy and lower inflation."
Source: Freddie Mac
| Posted by maricela at 10:53 AM |
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Friday, February 23, 2007
"Thirty year fixed-rate mortgages declined this week to an average of 6.22 percent, down from 6.30 percent last week and 6.26 percent a year earlier" quoted from Realtor Magazine Online based on Freddie Mac reports. For the end of this week a 15-year fixed-rate mortgage averaged 5.97 percent. Last week it was 6.03 and a year ago it was 5.97 percent. 5 and 1-year ARMs also dropped. Next week reports will indicate the strength of the housing industry and how it's affecting the economy. Realtor Magazine Online ArticleFreddie Mac
| Posted by maricela at 12:25 PM |
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Tuesday, February 13, 2007
This article is a report conducted by nightly business correspondent, Erika Miller as she interviews Economist, Societe Generale, Stephen Gallagher and Chief Economist, Fact and Opinion Economics, Stephen Gallagher, and Chief US Economist, Deutsche Bank, Joseph Lavorgna. They reviewed what will effect 2007's economy and how the housing market will play a role in the economy's future.
PBS Article
| Posted by maricela at 11:19 AM |
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Monday, February 12, 2007
Are you debating if you should cash in or double down before the next boom. Experts suggest that both options are strategies that can be used in today's market. This article reflects on different strategies that you can use in the real-estate market.
CNN Money Article
| Posted by maricela at 10:01 AM |
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