Archive for June, 2014


Housing Update: Pending Home Sales Surge In May

View photo . The National Association of Realtors reports that Pending Home Sales in May rose by 6.1 percent. May’s jump in home sales was the largest monthly increase since April 2010, was well above expectations for an increase of 1.1 percent, and above last month’s rise of 0.4 percent. Lawrence Yun, NAR chief economist, […]

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U.S. pending home sales hit eight-month high in May

By Moriah Costa WASHINGTON (Reuters) – Contracts to buy previously owned U.S. homes hit an eight-month high in May, the latest indication that housing was pulling out of a recent soft patch. The National Association of Realtors (NAR) said on Monday its Pending Home Sales Index, based on contracts signed last month, increased 6.1 percent […]

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Aldorisio Named Greater Boston Association of REALTORS® Affiliate Member of …

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Pending sales of US homes up 6.1 per cent in May, but pace is still slower than in 2013

WASHINGTON – The number of Americans who signed contracts to buy homes shot up in May. But the pace of buying this year remains slower than in 2013, in part because of sluggish sales during winter. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index rose 6.1 per cent […]

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The Zacks Analyst Blog Highlights: Fannie Mae, Freddie Mac, Citigroup, U.S. …

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Fannie Mae, Freddie Mac Wind-Down To Boost Sub-Prime: Bove

Increased regulation and winding down Fannie Mae and Freddie Mac will push people outside traditional financial system, Bove argues Sub-prime mortgages have been creeping back into the mainstream for months now, but a sympathetic article that appeared in The New York Times over the weekend presented them as a misunderstood tool that helps non-standard applicants […]

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Freddie Mac Text: Mtg Survey: 30Y Fixed Avg 4.14% June 26 Wk

WASHINGTON (MNI) – The following is the text of the latest Freddie Mac Primary Mortgage Market Survey released Thursday: Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed mortgage rates moving lower following the release of the first quarter real GDP final estimate. Fixed mortgage rates […]

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Joanna Josephson of AZ Affiliated With Phoenix Association of Realtors

Joanna Josephson of AZ is affiliated with a real estate professional group and has found it very helpful. PHOENIX, AZ, USA, June 28, 2014 /EINPresswire.com/ — Joanna Josephson of AZ is associated with the Phoenix Association of Realtors and has been for some time. She has found this organization to be of helpful support and […]

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Canadians may no longer be top foreign buyers of U.S. real estate

Alain Forget, the head of sales and business development at RBC Bank, is watching to see whether Canadians retain their top spot in the rankings of international buyers of U.S. properties this year. The data, which come from the National Association of Realtors south of the border, have been slightly delayed but are expected to […]

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Existing home sales up 4.9%; best gain since ’11

A duplex home for sale in the Coconut Grove neighborhood in Miami in May.(Photo: Lynne Sladky, AP) Existing home sales rose for the second-straight month in May — climbing to their strongest pace since fall — as more homes on the market helped draw buyers. Sales of single-family homes, townhomes, condos and co-ops hit a […]

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