Housing Market News Archive

What Do Today’s Home Buyers Look Like?

By Gary Thomas, 2012 President-Elect, National Association of REALTORS® There was so much helpful and interesting information presented at Annual.   Sometimes it can be a little overwhelming!  Only now, a few weeks later, am I catching up on all...
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December 6, 2011

Get in This Market, Or Lose Out, Posted by Moe

Understanding this economic time and the financial crisis, in my mind, is sort of like when an aging short pudgy bald cigar smoking guy practicing sound financial management for 30 or 40 years of his life starts seeing himself...
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April 8, 2010

Appraisal Update, Posted by Charles

I just returned to Texas after a whirlwind trip to the east coast, where I met with the New York Attorney General’s office and officials from the Federal Housing Finance Agency and Fannie Mae. The topic: appraisals, and specifically...

Mortgage Credit, a Thorn in the Economy’s Side, Posted by Charles

Scientist Hugh Miller said: “Problems are only opportunities with thorns on them.” We have a great opportunity right now to get the housing market back on track. Affordability is at an all-time high, thanks to low prices and record...
April 10, 2009

Ohio REALTORS® Don’t Blink, Posted by Steve

Late last week, NAR Chief Economist Lawrence Yun was in Dayton, Ohio for an economic summit at the University of Dayton. That afternoon, Lawrence met with about 200 of my agents at the Dayton Area Board of REALTORS® to...
April 3, 2009

Thank You, Jon Stewart, Posted by Steve

This past week I attended the Region One meetings in Portsmouth, New Hampshire. Dr. Paul Bishop, Managing Director of Real Estate Research for NAR, presented some extraordinarily enlightening stats from recent homebuyer research: • 67% of first-time home buyers...
March 17, 2009

Bullish on Housing, Posted by Charles

Earlier today, President Obama announced his plan to help millions of families avoid foreclosure by refinancing or modifying their mortgages. The plan also strengthens the federal commitment to Fannie Mae and Freddie Mac. Visit the page below for more...
March 4, 2009

One-Two Punch for Homeowners, Posted By Dick

Yesterday President Barack Obama announced a $75 billion Homeowner Affordability and Stability Plan to help address the foreclosure crisis – the right cross in a one-two punch to help the housing market recover. The plan complements the new American...
February 18, 2009

Rates Are Low, Now Show Us the Money! Posted by Gary

With the Federal Reserve’s announcement this past Tuesday that it will dramatically increase the level of purchases of agency debt and mortgage-backed securities, mortgage rates have dropped to the lowest levels in 50 years. That’s right, 50 years! We’ve...
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December 18, 2008

Media Is Local, Too! — Posted by Charles

I wanted to take just a minute in between my travels to share with you a recent interview I did with a local NBC affiliate in Orlando last week. http://www.wesh.com/video/17949595/index.html I appreciated this opportunity to share some optimism about...
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November 17, 2008