Archive for December, 2012


Fayetteville area housing market sluggish while nation rebounds

By Michael FutchStaff writer The outlook for Fayetteville’s housing market remains uncertain going into 2013, despite strong signs of a rebound across the state and nation. Local sales were down in November from the month before, and buyers continue to hold an advantage because of an oversupply in listings of existing homes. There are hints […]

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Top 10 Real Estate Trends for 2013

Could 2013 be the new 1997? After six years of lackluster sales and falling prices, 1997 was the year that launched a tripling of Orange County home prices within a decade. Will 2013 – coming after a seven-year housingdownturn — be the next turnaround year? Forecasters say yes. Assuming the recurring specters of recession or […]

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US pending home sales rise to highest in 2-1/2 years

Advertisement Washington — A measure of Americans who signed contracts to buy homes increased last month to its highest level in two and a half years, the latest sign of improvement in the once-battered housing market. The National Association of Realtors said Friday that its seasonally adjusted pending home sales index rose 1.7 percent in […]

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Colvin heads Realtors Association of NM

Click photo to enlargeCathy Colvin, CRS, Associate Broker at Vista Encantada REALTORS of Albuquerque, has begun her term as 2013 President of the REALTORS Association of New Mexico (RANM). Colvin earned her real estate license in 1993 and has been selling homes, advancing her real estate education, and starring in volunteer leadership roles ever since. […]

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Video: Real estate on the road to recovery

December 30, 2012 6:33 PM The National Association of Realtors projects 2013 to be a good year for home owners. Some Americans who wrongfully lost their homes to foreclosure could be due some money. Bill Whitaker reports.

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U.S. housing, factory data point to momentum in the economy

WASHINGTON (Reuters) – Contracts for U.S. home resales hit a 2-1/2 year high in November and factory activity in the Midwest expanded this month, suggesting some strength in the economy despite the threat of tighter fiscal policy. The National Association of Realtors said on Friday its Pending Home Sales Index, based on contracts signed last […]

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Pending home sales highest in 2½ years

The National Association of Realtors says its pending home sales index, which measures contracts to buy homes, increased last month to its highest level in two and a half years. It’s the latest sign of improvement in the battered housing market. The NAR said its seasonally adjusted index rose 1.7% in November from October to […]

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Fannie Mae Reports November 2012 Monthly Summary

(RTTNews.com) – Fannie Mae (FNMA.OB) reported November 2012 Monthly Summary. Fannie Mae’s Book of Business increased at a compound annualized rate of 4.0 percent in November. Fannie Mae’s Gross Mortgage Portfolio declined at a compound annualized rate of 17.5 percent in November. The Conventional Single-Family Serious Delinquency Rate fell five basis points to 3.30 percent […]

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Freddie Mac: 30 Year Fixed Mortgages End Year at 3.35%

This morning Freddie Mac released the last Primary Mortgage Market Survey of the year.  Rates on fixed mortgages were virtually unchanged from last week, with the average rate on a 30-year fixed rate mortgage at 3.35% and the 15-year fixed rate at 2.65%.  Despite a lot of day-to-day volatility, rates have been in essentially the […]

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GLVAR announces new president – Las Vegas Review

When he was officially installed as president of the Greater Las Vegas Association of Realtors, Dave Tina told hundreds of his peers that his year leading Southern Nevada’s largest professional organization will be driven by 3 D’s. “My theme for 2013 is diversity, destination and determination,” he said. He said he aims to weave these […]

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