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Real Estate News

Underwater mortgages on the rise

More homeowners found themselves underwater on their mortgages during the fourth quarter of 2011, according to a new market analysis from CoreLogic.

January home sales on an upward trend

According to a recently released report from the National Association of Realtors, pending home sales in the month of January were on an upward trend.

Florida real estate market shows positive trends

According to the latest housing data recently released by Florida Realtors, the Sunshine State reported gains in the housing markets, including the median sales price and a reduced inventory of homes for sale in January.

Visnic Homes recognized during Builders' Show

Visnic Homes Inc. was recently named the 2011 National Association of Home Builders Custom Home Builder of the Year at the 2012 International Builders' Show in Orlando, Florida.

Government-insured mortgages to increase

The Federal Housing Administration recently announced that the cost of government-insured mortgages will increase for new homebuyers in the United States.

Major home price composites end 2011 at record lows

According to the recently released S&P Indices for its S&P/Case-Shiller Home Price Indices, which is the leading measure of U.S. home prices, all three headline composites showed record-low numbers at the end of 2011.

Mortgage rates could be lower

Mortgage rates have teetered around historic lows in the past few years following the economic collapse that left the country in a recession. Now, according to a recent Wall Street Journal article, mortgage rates should be lower based on a historical measure.

Home prices fall in the fourth quarter of 2011

According to recently released figures from the Federal Housing Finance Agency, U.S. home prices fell in the fourth quarter of 2011 by 0.1 percent on a seasonally adjusted basis when compared with the third quarter.

Average 30-year fixed-rate mortgage increases

Freddie Mac recently released the results of its Primary Mortgage Market Survey, which revealed the 30-year fixed-rate mortgage average increased after being near record lows for months.

Collaboration to assist homeowners

The National Association of Realtors recently announced a partnership with the U.S. Department of the Treasury to help Realtors better assist homeowners who are finding it difficult to sell their homes in short sales.