Tag Archives: NAR

4 out of 10 Recent Buyers Used FHA Loans — New York Real Estate

According to the most recent REALTORS® Confidence Index, 39 percent of recent buyers purchased a home with a Federal Housing Administration-insured loan. REALTORS® who took part in the November survey also reported that the number of first-time home buyers continued … Continue reading

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Nine Consecutive Gains for Pending Home Sales

Pending home sales have risen for nine months in a row, a first for the series of the index since its inception in 2001, according to the NATIONAL ASSOCIATION OF REALTORS®. The Pending Home Sales Index, a forward-looking indicator based … Continue reading

Posted in Foreclosures, general, Home Buyer Tax Credit 2009, Housing Market News Update, mortgage, New York Real Estate, Short Sales | Tagged , , , , , , , , , , , , , | Leave a comment

NAR: FHA Key to Housing Market and Recovery

The Federal Housing Administration mortgage insurance program is a critical part of the American housing fabric and has never been more important than it is in today’s market, NAR President Vicki Cox Golder told a congressional panel this week. Testifying … Continue reading

Posted in commercial real estate, Foreclosures, general, Home Buyer Tax Credit 2009, Home Renovations, Housing Market News Update, mortgage, New York Real Estate, Short Sales | Tagged , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Will new virtual firms pave way for full MLS?

With online brokerages now allowed to advertise other firms’ exclusives, some say listing sharing is next A new breed of online brokerage is springing up in New York, altering the landscape of real estate sales in Manhattan and worrying traditional … Continue reading

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Real Estate Insights – November 2009

In This Issue “There’s Good News Tonight” The first-time home buyer tax credit, originally scheduled to expire on November 30th, has been extended – and expanded. That is indeed good news for first-time buyers, as well as repeat buyers, many … Continue reading

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Existing-Home Sales Record Big Gains

Driven by the home buyer tax credit, existing-home sales showed another big gain in October with a strong uptrend established over the past seven months, according to the NATIONAL ASSOCIATION OF REALTORS®. At the same time, inventories have continued to … Continue reading

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