real estate news: Home Prices Experience Biggest Annual Decline in 21 Years - 02/26/09 09:37 AM
The S&P/Case-Shiller U.S. National Home Price Index plunged 18.2% during the final quarter of 2008, the biggest annual decline in the closely watched index's 21-year history. Separately, for the month of December alone the Case-Shiller 20-City Composite Index fell 18.5% compared with the previous December, also a record decline.
The seven … (3 comments)
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real estate news: Two-thirds of Americans Support Home Buyer Tax Credit - 02/11/09 09:19 AM
The Senate yesterday approved an $838 billion economic stimulus bill that includes a $15,000 homebuyer tax credit. In addition, U.S. Treasury Secretary Timothy Geithner unveiled a multitrillion-dollar financial stability plan that includes $50 billion for foreclosure prevention programs.
Officials hope that the $15k tax credit - with no repayment … (4 comments)
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real estate news: New Housing Radio Show Set to Debut - 02/10/09 08:37 AM
Call me old-school, but I like to listen to radio talk shows when I'm in my car. Over the last few years, the housing market boom then bust has been a topic that's dominated the airwaves. And for one new radio show, there's still plenty more to talk about.
… (1 comments)
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real estate news: Homescape Web Site Changes Name to HomeFinder.com - 01/08/09 10:33 AM
I usually post a blog everyday on ActiveRain, but over the past few weeks I've been a bit busy preparing for some new changes at Homecape, so I apologize for my absence here on the AR. Below is a message from Tim Fagan, President of CV Real Estate (and my boss), about all the new … (2 comments)
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real estate news: Foreclosure Activity Down in November - 12/15/08 09:49 AM
November was a classic good news bad news month for foreclosure activity. According to RealtyTrac's most recent U.S. Forelosure Market Report, which shows foreclosure filings - default notices, auction sale notices and bank repossessions - foreclosure activity decreased 7 percent in November from October, but jumped 28 percent from the … (3 comments)
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real estate news: Pending Home Sales Fall in October - 12/10/08 09:13 AM
Despite a rise in unemployment and falling retail sales, pending home sales remain in a stable range, according to the National Association of Realtors (NAR). NAR's Pending Home Sales Index (PHSI), a forward-looking indicator based on contracts signed in October, slipped 0.7 percent to 88.9 from an upwardly revised reading of … (1 comments)
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real estate news: Home Prices Tumble to Record Lows - 11/25/08 10:37 AM
The Standard & Poor's/Case-Shiller U.S. National Home Price Index tumbled a record 16.6 percent during the quarter from the same period a year ago. Prices are at levels not seen since the first quarter of 2004.
The monthly indices also showed record declines. The 20-city index fell by 17.4 … (1 comments)
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real estate news: Fannie and Freddie Suspend Foreclosures - 11/24/08 09:44 AM
Some troubled homeowners on the verge of losing their property are starting to feel extra thankful this holiday season. Lending giants Freddie Mac and Fannie Mae, which were seized by the government in September, announced last Thursday that they will contact an estimated 16,000 borrowers who are facing foreclosure or evictions … (3 comments)
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real estate news: Homescape is a Hit at 2008 NAR Conference - 11/13/08 08:58 AM
While we here at Homescape are optimistic about the future of the real estate market across the country, we also recognize that these are trying times.
And in today's challenging market, Homescape has become more committed than ever to providing our customers and consumers with a comprehensive set of online marketing … (0 comments)
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real estate news: Homescape Goes Mobile - 11/07/08 10:56 AM
I'm going home,And when I want to go home, I'm going mobile. Well I'm gonna find a home on wheels, see how it feels,Goin' mobile. Keep me moving...
- The Who, "Going Mobile"
Searching for a home on the go is simple with Homescape's new property listings for smartphones.
There's nothing … (2 comments)
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real estate news: The American Dream - 11/04/08 08:41 AM
Today's election day, and I'm feeling extra patriotic - even without sporting my American flag lapel pin. I got out of bed bright and early this morning to cast my votes for the next president of the United States and other candidates running for office in my area. But I'll keep … (2 comments)
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real estate news: Homescape to Show New Products at NAR - 11/03/08 09:08 AM
This has been a very exciting year for us here at Homescape. From the new, übercool redesign of our home page to the launch of our home buying guides and green property listings, we've worked hard in 2008 to give you a top-notch real estate Web site.
We'll … (3 comments)
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real estate news: New Plan to Help Troubled Home Loans - 10/31/08 09:14 AM
Put away the pitchforks and torches, there may be some help on the way for struggling homeowners. The $700 billion bailout of Wall Street and private banks has been under heavy scrutiny from taxpayers, who say the government has done little or nothing for Main Street Americans on the … (1 comments)
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real estate news: Back to the Future of the Housing Market - 10/30/08 08:49 AM
In the film, "Back to the Future," Marty McFly meets Doc as planned in the parking lot of Twin Pines Mall. Doc presents a DeLorean DMC-12 which he has modified into a time machine. As Marty videotapes, Doc explains the car travels to a programmed date and time upon reaching 88 … (8 comments)
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real estate news: Home Prices Continue Dropping in August - 10/29/08 08:35 AM
The housing market has been slightly uplifted in recent weeks with positive news from the U.S. Department of Commerce and the National Association of Realtors about increases in new and existing home sales. But don't start celebrating yet. Prices of existing homes in August continue to show broad declines across the … (1 comments)
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real estate news: New Home Sales Up in September - 10/28/08 08:59 AM
As median home prices dropped to the lowest level in four years, many economists appeared pleased that the housing market is beginning to chip away at the inventory glut. The U.S. Commerce Department said Monday that sales of new single-family homes rose by 2.7 percent in September to a … (8 comments)
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real estate news: Home Sales Up in September - 10/27/08 09:19 AM
The National Association of Realtors (NAR) reported on Friday that existing home sales increased last month as buyers responded to improved housing affordability conditions. Existing sales - which consist of single-family homes, townhomes, condominiums and co-ops - rose 5.5 percent to a seasonally adjusted annual rate of 5.18 million units in … (4 comments)
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real estate news: NAR Wants Additional Housing Rescue from Washington - 10/21/08 09:27 AM
From Wall Street to the nation's automotive giants, everyone wants a piece of Congress's $700 billion bailout pie. And last week, the National Association of Realtors (NAR) called for housing stimulus legislation that would tap the rescue pot. The stimulus legislation NAR is proposing would include eliminating the repayment of … (3 comments)
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real estate news: Housing Starts Plummet in September - 10/20/08 09:28 AM
Privately owned housing starts fell to a seasonally adjusted annual rate of 817,000 in September, according to the U.S. Commerce Department report on new residential construction. The rate was down 6.3 percent from August's revised reading of 872,000 and 31 percent lower than September 2007. Building permits also sank. … (1 comments)
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real estate news: Pending Home Sales Rise in August - 10/09/08 08:40 AM
A glimmer of good news on the housing front! Pending sales of U.S. resale homes increased 8.8 percent in August compared to the same month last year, the National Association of Realtors reported on Tuesday, rising to the highest level since June 2007.
The index offers an indication … (3 comments)
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