“Today’s report shows that housing affordability at the end of 2010 was at its highest level since we started computing the HOI,” said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) as well as a home contractor from Reno, Nev. “Nevertheless, even though this is good news for consumers, both property purchasers and builders continue to deal with incredibly tight credit conditions, and this continues to be a major hurdle to numerous potential property sales.”
February 25th, 2011 | Posted in Real Estate Headlines,Residential | Read More »
There are resounding fears that the increasing number of foreclosures that continue to flood the market will eventually depress home prices to a devastating level. In fact, some are afraid that they can even affect exchange-traded funds (EFTs).
February 22nd, 2011 | Posted in Mortgages,Real Estate Headlines,Residential | Read More »
A senior official with the Federal Reserve announced earlier this month that even though the commercial real estate (CRE) industry has shown some improvements in the U.S., it “is still distressed and the strength and pace of improvements remains uneven.”
February 19th, 2011 | Posted in Commercial,Real Estate Headlines | Read More »
Large lenders do not seem to be phased by the losses in commercial real estate (CRE) in the last few years. According to an official at the Federal Reserve, the losses do not pose a threat to the stability of the banks.
February 11th, 2011 | Posted in Commercial,Real Estate Headlines | Read More »
A report which was leaked from Washington revealed that during the third quarter of 2010 alone, payments totaling $710,000 were made from the National Association of Home Builders (NAHB) to push for different aspects of the housing industry.
February 3rd, 2011 | Posted in Real Estate Headlines,Residential | Read More »
