Marketing & Statistics
RealEstateRama Marketing & Statistics
Mortgage Applications Decline as Mortgage Rates Jump in Latest MBA Weekly Survey
WASHINGTON, D.C. - November 17, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 12, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 14.4 percent on a seasonally adjusted basis from one week earlier. The results do not include an adjustment for Veterans Day. On an unadjusted basis, the Index decreased 15.0 percent compared with the previous week.
Housing Starts Decline in October
WASHINGTON, D.C. - November 17, 2010 - (RealEstateRama) -- Nationwide housing starts declined 11.7 percent to a seasonally adjusted annual rate of 519,000 units in October, according to figures released by the U.S. Commerce Department today. The decline was primarily registered in the more volatile multifamily sector, where starts retreated 43.5 percent to an 83,000-unit rate, while single-family starts posted a more modest 1.1 percent decline to 436,000 units."Home builders continue to be very cautious about starting new projects at this time," said Bob Jones, chairman of the National Association of Home Builders (NAHB) and a home builder from Bloomfield Hills, Mich. "That said, in markets where consumer demand for new homes is reviving, builders are finding it almost impossible to obtain construction financing, and this frustrating situation is producing an unnecessary drag on both new home production and economic growth."
NAR Praises FHA’s Increased Stability
Washington, DC - November 17, 2010 - (RealEstateRama) -- The latest independent audit of the Federal Housing Administration shows the agency’s financial condition has improved from last year, when it announced its capital reserve fund had fallen below the 2 percent level mandated by Congress. The annual audit shows that the capital ratio for the single-family portfolio rose from 0.42 percent to 0.79 percent over the past year.
Local real estate can be influenced by national market
Forecasting the Upstate's real estate market is best determined by local data that focuses on the supply of houses that are entering the market. Real estate is local -- meaning there is no such thing as a national real estate market.
Soft-Market Secrets To Selling A High-End Home
Sales of new homes dropped last month to their lowest level in more than 12 years. Mortgage applications have fallen to their lowest level in a year. Bidding wars are pretty much done
4 Free Ways to Maximize Your Marketing Reach
If you’ve got a Web site, you’ve likely spent time and money trying to drive more traffic to your site. Maybe you’ve tried different strategies for search engine optimization, which typically focus on clever use of keywords to increase the chances your site will place high in search results.
House Prices Weaken Further In Most Recent Quarter
Washington, DC, November 29, 2007 – For the first time in nearly thirteen years, U.S. home prices experienced a quarterly decline. The OFHEO House Price Index (HPI), which is based on data from sales and refinance transactions, was 0.4 percent lower in the third quarter than in the second quarter of 2007.
Mortgage Applications Decrease In Latest MBA Weekly Survey
WASHINGTON, D.C., November 28, 2007 The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 23, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 652.5, a decrease of 4.3 percent on a seasonally and holiday adjusted basis from 681.7 one week earlier. On an unadjusted basis, the Index decreased 25.5 percent compared with the previous week reflecting the Thanksgiving holiday on November 22 and was up 24.6 percent compared with the same week one year earlier.
Important Trends In Real Estate Marketing Photography: Photo Size Is Important
Miami Beach, FL (PRWEB) November 26, 2007 -- Eighty percent of people across the country who bought a new home last year used the Internet while house hunting, and they rated photographs as the most useful tool in their search, according to a survey of buyers and sellers by the National Association of Realtors. Since property photos are meant to be a sales tool, Fizber.com,
Want to sell your house at a nice price?
In early October, when Dorte and Houschang Pakpour put their Mediterranean-style villa in Laguna Beach, Calif. on the market, they put a little extra bait on the hook. In the glossy sales brochure touting the ocean and canyon views, European gardens and cathedral ceilings, the Pakpours noted that seller financing was available.
Real Estate in 2008 – Realtors Share Ideas for 2008 Real Estate Market
In only one week, hundreds of top real estate agents from across the country have contributed over 1,000 ideas to publish Real Estate in 2008. During the National Association of Realtors (NAR) annual conference in Las Vegas from November 12-16, 2007, the conference helped to write and publish an entire book of ideas.
Most Metro Areas See Modest Price Gains
The vast majority of U.S. metropolitan areas showed rising or stable home prices in the third quarter, with most experiencing modest gains compared with a year earlier, says the latest quarterly survey by the NATIONAL ASSOCIATION OF REALTORS
Median Home Prices Rise in Most Metros; Majority Show Modest Gains
WASHINGTON, Nov. 21 /PRNewswire-USNewswire/ -- The vast majority of metropolitan areas showed rising or stable home prices in the third quarter with most experiencing modest gains compared with a year earlier, despite a broad decline in existing-home sales, according to the latest quarterly survey by the National Association of Realtors.
Loan and Share Growth Continues
Alexandria, VA, Nov. 20, 2007 -- Federally insured credit unions reported strong asset and share growth through September 30, 2007, according to third-quarter 2007 Call Report data submitted by the nation’s 8,163 federally insured credit unions.
Commercial Market Shows Signs of Leveling Off
Commercial real estate market activity is expected to level out, suggesting stable business opportunities for commercial practitioners in the months ahead, according to a NATIONAL ASSOCIATION OF REALTORS® forward-looking index for the commercial real estate sectors.
Have You Overlooked a Key Market?
Many salespeople are overlooking fast-growing demographic groups containing large swaths of underserved consumers, says Frances Martinez Myers, senior vice president of business development at Prudential Fox & Roach.
Top 5 Markets Where Home Prices are Rising
Home prices have risen in five major markets, while continuing to fall in the rest of the country, according to the S&P/Case-Shiller home price index for August, released Tuesday.
NAR Finds For-Sale-By-Owner Transactions Remain at Record Lows
LAS VEGAS, November 13, 2007 - The level of for-sale-by-owner transactions remains at a record low, according to the National Association of Realtors® 2007 Profile of Home Buyers and Sellers. The survey was released today at the 2007 REALTORS® Conference & Expo, here through November 16.
America’s Undervalued Real Estate Markets
When a market goes through uncertain times, investor caution reigns. And whether you're talking about the housing market or the financial services sector, there's been so much bad news lately that it makes sense for buyers and investors to remain wary.
Realtors(R) Convene in Record Numbers, Aim to Improve Market Confidence
LAS VEGAS, Nov. 12 /PRNewswire-USNewswire/ -- Pat V. Combs, president of the National Association of Realtors, today urged Realtors to help restore confidence in the real estate market by educating the public about the value of housing as a good long-term investment. With the market's positive economic fundamentals, 2007 is turning out to be one of strongest years on record, she said.