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Buyers still cautious, survey says

five years are eligible for tax credits of up to $6,500, while first-time homebuyers — or anyone who hasn't owned a home in the past three years — would still get up to $8,000. To qualify, buyers have to sign a purchase agreement by April 30, 2010, and ...

From J.W. ELPHINSTONE, Contra Costa Times,  12 Nov 2009

Related Topics: U.S. Congress,  Joe Handley

Foreclosures dip 3 pct. in October from September

NEW YORK (AP) — The number of homeowners on the brink of losing their homes dipped in October, the third straight monthly decline, as foreclosure prevention programs helped more borrowers. But foreclosure filings are still up 19 percent from a year ...

From J.W. ELPHINSTONE, NevadaAppeal.com,  12 Nov 2009

Related Topics: United States Department of the Treasury,  Barack Obama

Foreclosure rate drops for third month

NEW YORK - The number of homeowners on the brink of losing their homes dipped in October, the third straight monthly decline, as foreclosure prevention programs helped more borrowers. But foreclosure filings are still up 19 percent from a year ago, ...

From J.W. ELPHINSTONE, Boston Globe,  11 Nov 2009

Related Topics: United States Department of the Treasury

5 pct. of Americans plan to buy a home next year

NEW YORK (AP) -- Just one in 20 Americans say they plan to buy a home within the next year, and they're most likely to be 34 years old or younger and living in the South or West, according to a survey released Wednesday. Roughly a quarter of potential ...

From J.W. ELPHINSTONE, Buffalo News,  11 Nov 2009

Related Topics: Joe Handley

Median home prices fall nationwide in 3Q

A real estate group says home prices fell in eight out of every 10 U.S. cities in the third quarter of this year as heavily discounted distressed sales made up 30 percent of all deals. up more than 11 percent from 4.76 million in the second quarter. ...

From J.W. ELPHINSTONE, Monterey County Herald,  11 Nov 2009

Related Topics: Barack Obama

Median home prices fell nationwide in 3Q

A real estate group says home prices fell in eight out of every 10 U.S. cities in the third quarter of this year as heavily discounted distressed sales made up 30 percent of all deals. But home sales continued their climb, with quarterly sales ...

From J.W. ELPHINSTONE, eTaiwan News,  10 Nov 2009

Related Topics: Barack Obama

Home prices rise in most major cities in August

NEW YORK - Home prices rose for the third straight month in August, data Tuesday showed, a key sign for a broad and sustained housing recovery. all fell to their lowest levels in August. Prices in Las Vegas have plunged by 56 percent since peaking in ...

From J.W. ELPHINSTONE, SGVTribune.com,  27 Oct 2009

Related Topics: Standard Poor's,  U.S. Democratic Party

Northeast home resales post 11 pct annual increase

NEW YORK—Home resales in the Northeast posted the biggest annual increase of any region in the country last month, reflecting a more stable market than September last year when financial markets were roiled. The nine-state region registered 81,000 home ...

From J.W. ELPHINSTONE, Boston Globe,  23 Oct 2009

Related Topics: Labor Department,  Michael Lynch (politician),  Global Insight,  IHS Inc.,  Jonathan Miller

Mortgage rates below 5 percent fuel re-fi boom

Homeowners hustled last week to refinance their mortgages after interest rates fell below 5 percent for the first time since May. Refinance applications climbed 18 percent from the previous week, the Mortgage Bankers Association reported Wednesday, as ...

From J.W. ELPHINSTONE, San Francisco Chronicle,  7 Oct 2009

Related Topics: Federal Reserve,  Barack Obama,  Fannie Mae,  Freddie Mac

Manhattan apartment sales spike in 3Q; prices vary

Sales of apartments and co-op units in Manhattan soared between 46 and 69 percent from the second to the third quarter, according to a handful of reports Friday. Though sales are still one quarter below last year, the speed of the turnaround was ...

From J.W. ELPHINSTONE, San Francisco Chronicle,  2 Oct 2009

Related Topics: Jonathan Miller

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