Brenda Donato's (seniorliving) Blog

The Pending Home Sales Index, a forward looking indicator, fell 6.5 percent to a reading of 85.5 from an uipwardly revised 91.4 in July, based on contracts signed in August.  It was 21.5 percent below the August 2006 index of 108.9.Lawrence Yun, NAR senior economist, said the mortgage market impa...

NAR is encouraged by today's House Ways and Means Committee vote to adopt this measure and send it to the full House for consideration, said NAR President Pat Combs of Grand Rapids, Mich., and vice president of Coldwell Banker. Changing the IRS code for these situations will relieve a tax burden ...

Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30 year fixed rate mortgage averaged 6.31 percent with an average 0.5 point for the week ending September 13, 2007 down from last week when it averaed 6.46 percent. Last year at this time, the 30 year FRM av...

Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30 year fixed rate mortgage averaged 6.31 percent with an average 0.5 point for the week ending September 13, 2007 down from last week when it averaed 6.46 percent. Last year at this time, the 30 year FRM av...

Exisitng home sales were essentially unchanged in July, with increases in the West and Northeast offset by a decline in the Midwest, according to the National Asociation of Realtors.Total existing home sales including single family, townhomes, condominiums and co-ops slipped 0.2 percent to a seas...

The financial markets are struggling with the results of abusive lending practices in the subprime market, including the collapse of several investment funds and the failure of more than 100 subprime lenders, noted the National Association of Realtors in a letter to the Federal Reserve System Boa...

The housing market will  probably hold close to present levels in the months ahead, according to the latest foecast by the National Association of Realtors.Lawrence Yun, NAR senior economist, said he isn't looking for any notable changes in sales activiy. Existing-home sales should be relatively ...

The housing market will  probably hold close to present levels in the months ahead, according to the latest foecast by the National Association of Realtors.Lawrence Yun, NAR senior economist, said he isn't looking for any notable changes in sales activiy. Existing-home sales should be relatively ...

A forward-looking indicator based on pending home sales shows the market is likely to stabilize in the months ahead, according to the National Association of Realtors.The Pending Home Sales Index, based on contracts signed in June, was 5.0 percent higher from the downwardly revised May index of 9...

Sales of existing homes fell in June with some potential buyers staying on the sidelines, but prices rose modestly as inventories eased, according to the National Association of Realtors; including single family, townhomes, condominiums and co-ops declining 3.8 percent to a seasonally adjusted an...