Daily Real Estate News  |  March 29, 2010  |  

 
Some of the best housing deals are on high-end homes, many over $1 million. Some of them need TLC or they aren’t in the most-coveted locations. But there are plenty of desirable properties and lots of sellers who are getting impatient. Read the rest of this entry »

Daily Real Estate News  |  March 4, 2010 

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Mortgage applications rose 14.6 percent last week on a seasonally adjusted basis compared with the previous week. They were up 15.5 percent on an unadjusted basis.

Much of the increase was in refinances as rates dropped below 5 percent, although the purchase index increased 11.7 percent compared with the previous week and was just 9.8 percent lower than the same week one year ago. Read the rest of this entry »

Daily Real Estate News  |  March 3, 2010  |  

 
According to John Migliaccio, director of research for MetLife’s Mature Market organization, more than 78 million baby boomers, born between 1946 to 1964, will reach age 55 over the next 10 years.

He and other trend spotters believe this dominant group of home owners will lead the industry out of its slump. Read the rest of this entry »

Daily Real Estate News  |  March 2, 2010  |  
Potential home buyers who delay have a lot to lose.

First-time home buyer and move-up tax credits worth $8,000 and $6,500, respectively, expire April 30. Buyers who qualify get a dollar-for-dollar reduction in taxes or a cash payment if they don’t pay enough taxes to cover the credit. Read the rest of this entry »