New Home Sales Rise In February, Commerce Dept. Says
Sales of new single-family homes rose in February, up 4.7 percent from January, announced the Commerce Department today.
The increase is based on sales of an estimated 337,000 homes in February, up from 322,000 in January. But it's still declined more than 41 percent since February 2008.
Mortgage Industry Group Calls For Regulation
Perhaps they saw the writing on the wall. The Mortgage Bankers Association is calling for federal regulation of the mortgage lending industry. And not only do they want it, they're offering bullet points for what Congress should include in the legislation!
Is it a conflict of interest? MBA is…
Home Sales Increase In February, NAR Says
Existing home sales rose by 5.1 percent in February as compared with January, announced the National Association of Realtors this morning.
But they fell 4.6 percent from February 2008.
The median home price fell to $165,400, down from $195,800 a year earlier. NAR's chief economist, Lawrence Yun…
New Video Series: For Sale By Owner
Check out the first video in our "For Sale By Owner" series. We've got lots of information about how to do it, what sites to use, mistakes people make, and general tips and advice for selling your own home.
Be sure to come back and see the rest of the videos in the "For Sale By Owner" video series.
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February 2009 Housing Starts Increase
The number of new private home construction projects rose by 22 percent last month as compared with January. But they fell by 47 percent as compared with one year ago.
The number of building permits issued increased by 3 percent compared with January. But they fell by 44 percent since February 2008.
…
Ilyce Glink's Makeover Your Money Event
For our friends in the Atlanta area, Ilyce is hosting a special half-day event, "Makeover Your Money"
Buy tickets early for less than $10! Or get the special lunch package with a box lunch, an additional afternoon session, and an autographed copy of one of Ilyce's books.
Check out…
Freddie Mac Shares At 42 Cents
Freddie Mac announced fourth quarter 2008 and full year results today, after the closing bell. It made me curious to see what was the company's current stock price. It closed at 42 cents a share today. It fell 2 cents to 40 cents a share in after hours trading.
If the company doesn't raise its share…
Mortgage Lending Reform Testimony
Sandra F. Braunstein, Director, Division of Consumer and Community Affairs, Federal Reserve Mortgage lending reform Before the Subcommittee on Financial Institutions and Consumer Credit, Committee on Financial Services, U.S House of Representatives, Washington, D.C. March 11, 2009
Chairman Gutierrez…
As you can tell, there's a lot of exciting things going on at ThinkGlink.com!
Today, we launched the new redesign of ThinkGlink.com. Sure, we've got a fancy new logo and pretty colors, but this redesign is really all about making the thousands of pieces of content easier for you to find. We have…
Real Estate Investment Trusts Lose Value
The National Association of Real Estate Investment Trusts recently released some new data about REITs.
A real estate investment trust, or REIT, is a way for investors to diversify into real estate without becoming a landlord. REITs own residential and/or commercial real estate and some specialize in…
