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Americans confident they can be home owners

More Americans Confident They Can Get Mortgages

The housing slowdown may have been accompanied by an inability for potential homeowners to obtain mortgages, but the latest Fannie Mae National Housing Survey shows movement on the mortgage consumption-front. For the month of November, 51% of survey respondents said it would now be easier to obtain a mortgage. This larger vote of confidence suggests …

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Is Now the “Perfect Storm” for Home Buyers?

Barry Habib with Mortgage Market Guide was a guest on the CNBC show Squawk Box yesterday and shared some great insight on why now is the “perfect storm” for homebuyers. He points to three big reasons all renters should jump into homeownership: 1. Rent rates are increasing in some markets. It is becoming increasingly more …

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US Home-Buying Season Finally Signaling a Recovery

WASHINGTON (AP) — Five years after the U.S. housing bust sent sales and prices plunging, the spring home-buying season is pointing to a long-awaited recovery. Reduced prices, record-low mortgage rates, higher rents and an improving job market appear to be emboldening many would-be buyers. Open houses are drawing crowds. A wave of foreclosures is leading …

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2012 Homes Sales Looking Up

National Association of Realtors has released their latest home sales information and things are looking up. According to the “Pending Home Sales Index”, homes under contract are up 7.3%, the second straight month with an increase. This is the first time since the Homebuyer Tax Credit that the Pending Home Sales Index has gone above …

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Houses Are On Sale Across the Country

InfoGraphic The graphic depicts pricing of all homes from their ‘peak through current declines’ as per Case Shiller. This index looks at prices in 20 major metropolitan areas. Each market peaked at different times. Therefore, the InfoGraphic doesn’t cover one segment of time. Here is a site where you can see when each market actually peaked: http://www.housingviews.com/2011/11/29/how-the-cities-did-in-the-latest-release/how-cities-did-september-2011/ Courtesy …

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Barclays Analyst Sees Housing Rebound Coming in 2012

Barclays Capital (BCS: 11.52 -4.24%) analyst Stephen Kim predicts a housing recovery buoyed by improving jobs numbers and the fact prices for nondistressed homes will have stabilized without government support. “In the absence of a government homebuyer incentives, prices for non-distressed home sales have stabilized for almost a year,” Kim said. “This is the most important trend …

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