|
|
|
|
| Main / Real Estate |
Author: maricela Created: 2/12/2007 10:01 AM |
|
Real Estate information locally or nationally. |
Wednesday, September 12, 2007
Problems with subprime and some other nontraditional mortgages moved the Idaho Housing and Finance Association to market its post-purchase and foreclosure-prevention counseling services more aggressively. The nonprofit association about two years ago rolled out the services for anyone in Idaho, not just people who took out Idaho Housing and Finance loans. The Federal Housing Administration approved Idaho Housing as a counseling center.
Idaho Housing and Finance views the foreclosure-prevention counseling services as important given fresh concerns about subprime mortgage foreclosures and delinquencies, as well as the large number of borrowers facing upward-adjusting mortgage payments, President and Executive Director Gerald Hunter and Homeownership Lending Director Susan Semba said in an interview.
Semba said Idaho Housing foreclosure-prevention counselors assess the borrower's financial situation including ratios of monthly obligations to income. Idaho Housing can work with the borro...
| Posted by maricela at 10:24 AM |
|
|
Tuesday, September 11, 2007
Boise is the capital and largest city in Idaho with an estimated population of 193,000 (2005 Census estimate). Boise, nicknamed the "City of Trees", has been ranked nationally by Forbes and Money Magazines as one of the top 10 places to live because of access to recreational activities, employment opportunities, and the lifestyle it affords. The beautiful Boise River is a prominent feature as it runs through the heart of the city and the Boise National Forest serves as the city's backdrop. Boise is the headquarters for several major companies including Albertsons, Micron Technology, J.R. Simplot Company, as well as Washington Group International, Inc.
Boise, Idaho real estate has experienced considerable growth in recent years as the booming real estate market demonstrates. In the beginning of 2006, the Boise real estate housing market saw record breaking growth as the median house value climbed to over $183,000. During the first fiscal quarter in 2006, the value of homes in the Bois...
| Posted by maricela at 2:05 PM |
|
|
Tuesday, June 05, 2007
Each year since 2002, President Bush has designated June as National Homeownership Month, with the goal of increasing minority homeownership in America by 5.5 million by the end of the decade.
To celebrate National Homeownership Month 2007, NAR presents a wealth of resources and tools that support homeownership and strong communities.
Association Executives and State and Local Association members are encouraged to participate actively in efforts to encourage homeownership and strengthen our neighborhoods, towns and cities.
Learn about these NAR programs that support homeownership and strong communities.
Source: National Association of Realtors
| Posted by maricela at 1:32 PM |
|
|
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 |
|
|
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
...
| Posted by maricela at 11:47 AM |
|
|
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 |
|
|
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 |
|
|
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 |
|
|
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 |
|
|
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 |
|
|
|
|
|