Higher FHA loan limits reinstated for high-cost housing markets
Written by Curt Sunday, 20 November 2011 07:25 Higher FHA loan limits reinstated for high-cost housing marketsNovember 18, 2011 | 3:10 pm6 Uncle Sam has thrown California and other high-priced housing markets a lifeline. President Obama on Friday signed into law a bill that will reinstate higher limits for Federal Housing Administration-backed mortgages in high-cost areas. In expensive housing areas such as Los Angeles and Orange counties, the limit for these FHA-backed loans had dropped to $625,500 from $729,750 on Oct. 1. The... Second Recession Fears Ease
Written by Administrator Thursday, 01 September 2011 17:53 Second Recession Fears EaseDAILY REAL ESTATE NEWS | THURSDAY, SEPTEMBER 01, 2011 Many home buyers have been reluctant in recent weeks to move forward on home purchases due to fears that the country could be heading to a double-dip recession, but new data suggests they have nothing to fear. The job picture seems to be improving, according to new economic data. For example, a report from ADP, a payroll processing company, showed that private employers had added 91,000 new jobs in... Home prices notch third straight monthly gain
Written by Administrator Thursday, 01 September 2011 06:16 Home prices notch third straight monthly gainA key index of home prices in 20 metropolitan areas rose 1.1% from May to June. Real estate experts say the improvement is seasonal and that prices could fall again as sales slow in the fall and winter.By Alejandro Lazo, Los Angeles Times August 31, 2011 With an uptick in June, home prices in major U.S. cities have recorded three consecutive months of gains. But the glimmer of improvement is almost certainly seasonal in nature, real estate... Housing shows glimmer of progress
Written by Administrator Tuesday, 19 July 2011 16:42 Housing shows glimmer of progress By Charles Riley @CNNMoney July 19, 2011: 9:08 AM ET NEW YORK (CNNMoney) -- New home construction ticked higher in June, the government said Tuesday, as two key measures topped expectations. Housing starts, the number of new homes being built, rose 14.6% in June to an annual rate of 629,000 units, up from a revised 549,000 in May, the Commerce Department said. That's the highest level since January, when 636,000 housing starts were reported. Economists had...Page 1 of 8 
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