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Pew Research Says Homeownership Still Best Investment

The housing crash seems to have had little impact on consumer confidence, as 81 percent of adults believe buying a home is the best long-term investment a person can make. According to a report by Pew Research released this

Dallas Fed Says Texas Housing Market Still Going Strong

According to the Federal Reserve Bank of Dallas, a combination of stable home prices and few exotic loan products has kept Texas’ economy from plunging into the farthest pits of the

FHA Starts a Pilot PowerSaver Program

U.S. Housing and Urban Development (HUD) has selected 18 national, regional and local lenders to participate in a new two-year pilot program. The program will offer qualified borrowers, in certain parts of the country, low-cost loans if in turn

Home Resales Fell 10 Percent Last Month

According to a report Wednesday from the Austin Board of Realtors, home resales in central Texas fell 10 percent in March compared to a year ago. Based on this information, the month of April will not be much

Fannie and Freddie’s Foreclosure Preventions Drop Again

According to the Federal Housing Finance Agency, foreclosure prevention actions at Fannie Mae and Freddie Mac have fallen for the fifth-straight month. These foreclosure preventions include  loan modifications or repayment

Mortgage Applications Increase Within the Past Week

According to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey, the number of applications for mortgages increased by 5.3 percent from last

Housing Starts Show 7.2 Percent Improvement in March

Home construction may still be at low-levels, but the market is improving with 549,000 new housing starts in March of this

Zillow, Inc Officially Announces SEC Filing for IPO Status

Real estate site Zillow, Inc. officially announced that it is selling its common stock. The company filed a registration statement with the SEC for an initial public offering (IPO) today. This long-awaited announcement does not include the number of

Investors Account for the Sale of One Million Homes

Real estate investors now play a critical role in the housing market recovery. They account for one million homes sold in the U.S. in 2010, according to the National Association of Realtors

Sale Expectations Fell This Month for Builders

Sales expectations for homebuilders dropped in April 2011, as reported by Bloomberg today. The National Association of Home Builders/Wells Fargo sentiment index is currently at 16, a drop of one point since March, which reflects a poor outlook for

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