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Demand for Luxury Slowly Increasing

According to the Institute for Luxury Home Marketing’s Luxury Housing Report, early numbers from the spring home buying season suggest that demand for luxury homes is warming

Housing Affordability Rises, But Mortgage Access Falls

Housing is cheaper than at any point in the last 35 years, but mortgages are harder to get than at any point in the last 15 years, according to new research from Zillow.com, as reported by the Wall Street

Fannie Mae and Freddie Mac Release Delinquency Rate Reports

According to Fannie Mae, the serious delinquency rate decreased to 4.44 percent in February from 4.45 percent in January. This is a decrease from a high of 5.59 percent in February 2010. Freddie reported the delinquency rate decreased to

Affordable Rental Properties Now Harder to Find

According to a report released Tuesday by the Harvard Joint Center for Housing Studies, a large number of renters are allocating more than half their income to

March Pending Home Sales Up 5.1 Percent

According to a report released this morning by the National Association of Realtors, pending home sales increased 5.1 percent in

“Jumbo” Mortgages Could Change Their Rules

Beginning on Oct. 1, the government will dial back on the size of mortgages it guarantees in high-cost areas like San Francisco, New York and Washington. After that deadline, the maximum loan amount that Fannie Mae and Freddie Mac

Homeownership Rates Drop; Rental Demands Increase

The homeownership rate dropped to 66.4 percent in the first quarter, the lowest level since 1998, according to the Census Bureau. The rate is down from last year’s 67.1 percent, and a single basis point dip from the previous

IMF Does Not Support the Mortgage Interest Deduction

The International Monetary Fund believes the U.S. should consider cutting the popular tax deduction for mortgage interest, according to the Wall Street

Top and Bottom of Housing Market Showing Improvement Slowly in 2011

While recent home prices and sales haven’t been strong, the top and the bottom of the housing market is doing just fine according to Builder’s Pulse. Those with a decent income are keeping the upper market afloat, paying large

Texas Metropolitan Home Prices Fall 1.2 Percent from 2010

Prices of single-family homes declined in 20 metropolitan areas by 0.2 percent from January to February, according to the S&P/Case Shiller composite index released today. This decrease places the current composite index of 139.7 just slightly above the 2009

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