Mortgage Market Minute: June 2011

Pending Home Sales Up 8.2% in May

The National Association of Realtors' seasonally adjusted index for pending sales of existing homes increased 8.2% on a monthly basis to a reading of 88.8, the industry group said Wednesday. It was the strongest monthly gain since last November. -- WSJ
0 comments • Thomas Crate, CA DOC, NMLS #332624 • June 29 2011 01:24PM
Time to buy a home? Now, says Barbara Corcoran
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CBS MoneyWatch. com By Claire Lambrecht | Jun 27, 2011 What you have here are the good old days that we were all talking about for 20 years, ” says real estate magnate Barbara Corcoran. “You have cheap money, 4. 5 percent for a fixed-rate mortgage,… more
Three New Rules for Today's Home Buyers & Sellers
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Special Offers - Fannie Mae Expands Incentives for HomePath®…
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HomePath® Buyer Incentive: June 14 – October 31 Fannie Mae is currently offering buyers up to 3. 5% in closing cost assistance through October 31, 2011. A $1, 200 selling agent bonus is also available to selling agents who close on an owner… more
County of San Bernardino, Office of the Assessor, Parcel Numbering…
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The Assessor's parcel number refers to a mapbook record, which shows all basic survey and deed description information used to identify a property. The parcel number consists of four parts: 1. The Assessor's map book 2. The map page number and the… more
Why housing is a buy!
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By Gerri Willis, Fox Business June 10, 2011 Reports today that housing prices could go down another 10 percent to 25 percent. I'm just not that bearish. I could be wrong but there is a great case for buying a house now. First off, housing… more
Good News and Bad News About a Common Pricing Strategy
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By David Fletcher -- Inman News Say comparable homes in the neighborhood are selling for $200, 000, and the seller has spent $5, 000 upgrading it for sale. The seller insists that the price has got to be at least $205, 000. The seller doesn't have… more
The primary reason people buy homes is that they want a home of their…
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The 2010 NAR's Profile of Home Buyers and Sellers asked first-time buyers: Q: Why did you buy? A: Because I wanted a home. more
Employers Added 54K Jobs, Rate Ticks Up to 9. 1
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www. nmlsconsumeraccess. org
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Welcome to NMLS Consumer Access www. nmlsconsumeraccess. org, a free service for consumers to confirm that the mortgage company or mortgage professional with whom they wish to conduct business is licensed in their state. Users of NMLS Consumer Access… more