Monthly Archives: December 2010

Rates remain affordable despite recent hikes

Mortgage rates remain affordable

New government data showed that homebuyers who purchased a new home this fall were able to lock in their conventional loan at record-low rates. Continue reading

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South Florida home resales reach boom-era levels in 2010

Home sales in South Florida are at record highs

Buyers drawn by deep discounts sought to purchase a new home in South Florida, driving area resales to heights not seen since the housing boom in 2006. Continue reading

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Report shows serious delinquencies improving

Borrowers are keeping up on their mortgages at a better rate

Seriously delinquent mortgages are bucking their usual seasonal trends and decreasing, according to a new report. Continue reading

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NAR: Affordability persisted despite market fragility

Homebuying affordability has been a major theme all year

The real estate market resembled a roller coaster ride for much of 2010, but experts with the National Association of Realtors said most of all, buyers encountered one of the most affordable homebuying climates ever. Continue reading

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Home prices down nationwide, but some cities see growth

Home prices are down in many cities nationwide

Though all major markets across the country saw home prices slip on a monthly basis in October, buyers who purchased a new home in a handful of cities saw the equity in their property climb. Continue reading

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Salaries will rise in 2011, but only slightly

Workers can expect salaries to rise in 2011

Analysts expect companies to give more generous raises to workers next year, but only by a slightly larger amount compared to this year. Continue reading

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Scorecard shows housing remains affordable

Purchasing a new home remains affordable

In its latest assessment of the state of the U.S. real estate market, the Obama Administration’s housing scorecard trumpeted affordable conditions for those looking to purchase a new home. Continue reading

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Residential construction climbs 3 percent in November

New home construction is on the rise

Perhaps in an effort to meet demand from buyers looking to purchase a new home, a report shows that builders stepped up their construction of residential units last month. Continue reading

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New home sales climb more than 5 percent

New home sales rose in November

More consumers sought to purchase a new home in November, a trend that encouraged analysts across the country. Continue reading

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National home prices reach a balance

Home prices around the country are balancing out

After declining for months, the prices on U.S. homes have risen, providing much-needed relief to homeowners and mortgage holders. Continue reading

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