Monthly Archives: June 2012
FHFA : Home Values Up 3% Since Last Year
The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis.
Simple Real Estate Definitions : Right To Cancel
Refinancing homeowners are granted a 3-day “cooling off” period.
New Home Sales Rise To 2-Year High
As reported by the Census Bureau, 369,000 new homes were sold last month on a seasonally-adjusted, annualized basis.
Existing Home Sales Slip 2% In May
Home resales slipped last month; a temporary setback for the housing market’s recovery.
How To Choose The Proper Paint Color(s) For A Room
For your next paint job, make sure you choose the best color scheme and paint-type for your soon-to-be-painted room.
Will The Foreclosure Boom Come Back To Hawaii?
According to the Pacific Business News, Hawaii foreclosures last month (May 2012) were down 70 percent to the lowest level since July 2008. Hawaii was ranked No. 40 in the nation for foreclosures, according to RealtyTrac. According to RealtyTrac, there were …
Mortgage Rates Make New Lows At 3.66%
The national average 30-year fixed rate mortgage rate fell 5 basis points to 3.66% this week.
A Simple Explanation Of The Federal Reserve Statement (June 20, 2012)
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.
Housing Starts Up 26% In Last 12 Months
Sometimes, the housing data headlines tell just half the tale. May’s Housing Starts figures are proving to be a terrific illustration.
Building Confidence Rises To 5-Year High
Home builders expect a strong second-half in the 2012 housing market.
