Tag Archives: National Association Of Realtors

Why Drop in Foreclosures Is Bad for Housing Market

In a normal housing market, lack of supply is generally considered a good thing. When demand outweighs supply, home prices rise and homeowners gain equity. Like so many things in this historic economic recovery, that premise doesn’t exactly apply. This … Continue reading

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Seller’s market returns as homes for sale drop in some areas

The dwindling inventories — driven by a mix of reluctant sellers, fewer foreclosure resales and rising demand — are spreading as the housing market gains strength. The number of homes for sale in April hit a 6.6-month supply, down from … Continue reading

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Growing Number of US Real Estate Firms Offer Multilingual Services Through Proxio

SAN BRUNO, Calif., Apr 24, 2012 (BUSINESS WIRE) – Today’s homebuyers and sellers are more diverse than ever before. The U.S. Census shows that nearly 55 million Americans, 1 in 5, speak a language other than English at home. The … Continue reading

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US home market pulls in more Chinese buyers

Buyers from mainland China and Hong Kong are snapping up luxury homes, often paying cash, in major U.S. cities such as New York, Los Angeles and San Francisco. They’re coming by the dozens to buy foreclosed properties in downtrodden cities … Continue reading

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Bay Area Mortgage Broker Highlights Record-Low Interest Rates for First-Time …

Bay Area mortgage broker AccessBanc recommends first-time homebuyers take advantage of historically low interest rates. San Jose, CA (PRWEB) March 09, 2012 First-time homebuyers are finding their dreams of owning a home more realistic than ever. A stronger job market … Continue reading

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