Rise in Home Sales Signifies Strengthening Market

The long-awaited housing recovery is beginning to blossom, according to industry experts taking a look at recent existing-home sales. While admitting home sales “are still very low,” Paul Dales, chief economist at Capital Economics, says “it is clear that housing recovery is now well underway.” The evidence: home sales have been on the rise for …

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A New Year for Our Industry

I enjoyed reading this article by the editor of DSNews.com, and thought you might too: CEO’s Corner: A New Year for Our Industry With a New Year comes new challenges for our industry – and the promise of a better tomorrow. For homeowners. For our economy. For our nation. As it does for many Americans, …

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All-cash bought a third of homes in 2011

Despite record low mortgage rates, 2011 has seen a surprisingly high level of cash home purchases, according to the real estate research firm Hanley Wood Market Intelligence. Jonathan Dienhart and Ken Lee, two analysts with the company, say between tight lending standards and a desperate search for yield by investors, cash purchases of homes – …

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Obama Pledges to Refinance Millions of Mortgages at Today’s Rates

Housing got only a brief mention in President Obama’s highly anticipated jobs speech last Thursday night. But it was a pledge that some pundits say is finally a step in the right direction. Others say it’s likely to have little impact. Obama told Congress that his administration is going to work with federal agencies to …

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