Archive for September, 2015


REALTORS® are a potent force in cultivating and protecting homeownership in …

Homeownership has proven throughout history to be a worthwhile dynamic in America, benefiting families as well as communities. Although a drop in homeownership in recent years marks the largest decline since the great depression, homeownership continues to be a fundamental pursuit for most Americans.  It’s possible that the latest decline of homeownership could be made […]

Read More...

NAR: Pending home sales have now been rising for a full year

Although pending home sales backslid slightly in August, housing is still in short supply and home prices continue to climb in many markets, according to the National Association of Realtors’ (NAR) latest Pending Home Sales Index (PHSI). According to the PHSI, a forward-looking indicator based on contract signings, pending home sales have now risen year-over-year […]

Read More...

Fannie Mae’s and Freddie Mac’s Increased Loss Mitigation Efforts Pay Dividends

Increased loss mitigation efforts on the part of Fannie Mae and Freddie Mac resulted in 63,593 foreclosure prevention actions in the second quarter of 2015, bringing the total of such actions to more than 3.5 million since the conservatorships began in September 2008, according to the FHFA‘s Foreclosure Prevention Report for Q2 2015. Of those […]

Read More...

Fitch Rates Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2015-HQA1

NEW YORK–(BUSINESS WIRE)–Fitch Ratings assigns the following ratings and Rating Outlooks to Freddie Mac’s risk-transfer transaction, Structured Agency Credit Risk Debt Notes Series 2015-HQA1 (STACR 2015-HQA1): –$160,000,000 class M-1 notes ‘A-sf’; Outlook Stable; –$160,000,000 class M-1F exchangeable notes ‘A-sf’; Outlook Stable; –$160,000,000 class M-1I notional exchangeable notes ‘A-sf’; Outlook Stable; –$360,000,000 class M-2 notes ‘BBB-sf’; […]

Read More...

Real Estate Agents Join John R. Wood Properties’ 5th Avenue Office

John R. Wood Properties is proud to announce the addition of the following new agents to its 5th Avenue office in Old Naples. John R. Wood Properties welcomes: William “Bill” Bruno as a Licensed Sales Associate. Originally from Redbank, New Jersey, Bruno attended Nova Southwestern University, Florida International University and the Culinary Institute of America. […]

Read More...

Forex Market: NZD/USD daily trading forecast

Friday’s trade saw NZD/USD within the range of 0.6295-0.6392. The pair closed at 0.6386, soaring 0.46% on a daily basis, while extending gains from Thursday. The daily high has been the highest level since September 21st, when the cross registered a high of 0.6405. In weekly terms, NZD/USD lost 0.17%, marking the first drop in […]

Read More...

Pending home sales fell 1.4% in August

“Pending sales have leveled off since mid-summer, with buyers being bounded by rising prices and few available and affordable properties within their budget,” said Lawrence Yun, chief economist for the NAR. “Even with existing-housing supply barely budging all summer and no relief coming from new construction, contract activity is still higher than earlier this year […]

Read More...

On the market: Yuma realty specialists discuss housing data

Photo by Randy Hoeft/Yuma Sun For sale Earlier this month, SmartAsset, a financial technology company based in New York, released a ranking of housing markets throughout the nation for their “ease of sale” for homes. Yuma was ranked as the third-easiest market to unload a home in Arizona, with an average stay on the market […]

Read More...

Rock Hill agent named SC Realtor of the year

Jay Rinehart of Rock Hill has been named the South Carolina Realtor of the Year. The award was given at the state association’s recent conference in Hilton Head. The Realtor of the Year program honors a member who has contributed most to the advancement of the real estate profession and community within the past year. […]

Read More...

Itasca County Board of Realtors names new board

Nathan Bergstedt | Herald Review Itasca County Board of Realtors The Itasca County Board of Realtors named its new board on Wednesday. Pictured, back row, from left: Luke Garner, Mona Sjostrand, Sandy Ortman, Terry Schmitz, Greg Anselmo, Alex Bloch, Cathy Beddoe, Clint Corrow, Brett Beckfeld. Front row: Wendy Uzelac, Terry Haapoja, Patty Gould St. Aubin. […]

Read More...