Daily Archives: June 19, 2012

Difficult Financing Conditions Don’t Deter Realtors’ Optimism in May

Posted on June 19, 2012 by

Bankers&Tradesmen, June 19th, 2012 In May, for the second straight month, the Realtor Market Index (RMI) and the Realtor Price Index (RPI) tracked by the Massachusetts Association of Realtors hit all-time highs, despite the fact that almost half of local … Continue reading →

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O’Brien: ‘Time to Collect’ Unpaid Transfer Taxes from Fannie, Freddie

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Bankers&Tradesman, June 19th, 2012 Highly vocal Southern Essex District Register of Deeds John O’Brien thinks Massachusetts should be more like Michigan when it comes to dealing with Fannie Mae and Freddie Mac. In a statement released this morning, O’Brien called … Continue reading →

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Builder Confidence Rises in June

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Associated Press, June 19th, 2012 Washington — Confidence among US builders ticked up this month to a five-year high, an indication that the housing market is slowly improving. The National Association of Home Builders/Wells Fargo builder sentiment index rose in … Continue reading →

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Not Enough REOs to Meet Investor Demand

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Bloomberg: Bulk sales slow to materialize By Inman News Inman News®, June 19th, 2012 Investors eager to capitalize on low home values and a booming rental market are reportedly finding there are not enough foreclosed homes to buy. Inventories of … Continue reading →

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FHFA Introduces Initiative to Protect Against Fraud

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06/18/2012 By: Esther Cho, DSNews.com As an additional measure against fraud, the FHFA announced an initiative requiring Fannie Mae, Freddie Mac, and the Federal Home Loan (FHL) Banks to notify the agency when an act of fraud is committed by … Continue reading →

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Household Net Worth Plummeted After 2005, Alongside Income

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06/18/2012 By: Ryan Schuette, DSNews.com The middle class seemed to take another drubbing Monday with news that U.S. median household net worth fell 35 percent between 2005 and 2010. Excluding home equity, the Census Bureau found that median household net … Continue reading →

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Vacation Home Market

Posted on June 19, 2012 by

RealtyTimes.com, June 19th, 2012 Are you in the market to buy a vacation home? If so, you’re not alone. There is a ripe and ready segment of today’s market that is geared up for taking advantage of today’s favorable buying … Continue reading →

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