Monthly Archives: March 2012

Bill Extends Mortgage Debt Relief Act of 2007

By Justin T. Hilley • March 29, 2012 • HousingWire.com Unless a newly introduced bill passes, a 2007 federal provision that allows taxpayers to exclude debt reduction income resulting from mortgage restructuring or foreclosure will expire at the end of … Continue reading

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Forecasting Home Price Recovery: Turnover Rate as a Powerful Indicator

03/29/2012 By: Carrie Bay, DSNews.com Home prices in many areas are already rebounding from the bottom of the market, according to the March HomeValueForecast.com update from Pro Teck Valuation Services. This month, the company explores the turnover rate, which is … Continue reading

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Morning Radar: It’s not Fannie or Freddie’s Fault

HousingWire.com, March 30th, 2012 HousingWire’s Morning Radar takes a look at issues trending across the Internet. It’s not Fannie or Freddie’s fault A blog on The Washington Post is challenging the notion that government policy on housing is somehow responsible … Continue reading

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Investors, Vacation Dwellers Stimulate Home Buying Activity

By Kerri Panchuk • March 29, 2012 • HousingWire.com Investment and vacation home sales surged in 2011 as more investors jumped into the market with cash in hand to acquire distressed and affordable properties, the National Association of Realtors said. … Continue reading

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Freddie Mac Mortgage Rates Back Below 4%

By Justin T. Hilley • March 29, 2012 • HousingWire.com The nation’s average 30-year fixed-rate mortgage rate dipped back below 4% on weaker housing economic indicators. The Freddie Mac survey showed the 30-year, FRM averaged 3.99% for the week ending … Continue reading

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Smart Advice About your Credit

Posted: 29 Mar 2012, KCM Blog Quick Tip Today: Be aware that companies you do business with may sell your credit information. Now, many of the people buying the names and addresses of people who have given their credit information … Continue reading

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Experts Expect to see Broad Improvements, Home Prices to Rise in 2013

03/28/2012 By: Esther Cho, DSNews.com The Urban Land Institute released its Real Estate Consensus Forecast Wednesday morning, and overall, the 38 real estate economists and analysts surveyed projected broad improvements for the economy. With signs of improvement in the housing … Continue reading

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Freddie Mac Economists sees Housing emerging from Winter Dormancy

By Justin T. Hilley • March 28, 2012 • HousingWire.com A variety of encouraging indicators suggest the housing market is awakening, “much like the garden flora reemerging from their winter dormancy,” Frank Nothaft, Freddie Mac chief economist said Wednesday. In … Continue reading

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Mortgage Applications fall 2.7%

By Kerri Panchuk, • March 28, 2012 • HousingWire.com The number of mortgage applications filed in the United States fell 2.7% from a week earlier during the period ending March 23, according to the Mortgage Bankers Association. Meanwhile, refinancing activity … Continue reading

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Home Prices have been rising for Three Months: Report

03/27/2012 By: Carrie Bay, DSNews.com Standard & Poor’s reported Tuesday that it’s closely watched Case-Shiller index declined in January for the fifth straight month, with both the 10-city and 20-city composite readings slipping 0.8 percent from December. But according to … Continue reading

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