Contracts for homes across U.S. rose last month
BY: Associated Press
POSTED: April 26, 2012
Tags: builders, buyers, contracts, foreclosure, housing market, mortgages, national assocaition of realtors, new-home sales, Real Estate, realtors, sales agreements, sellers
WASHINGTON — An index that tracks the number of signed contracts to buy U.S. homes rose to its highest level in nearly two years last month, the latest sign the battered housing market is slowly improving. The National Association of Realtors said Thursday that its index of sales agreements increased 4.1 percent last month to [...]
Robert Nusgart: Get prepared to make loan qualifying easier 
BY: Robert Nusgart
POSTED: April 25, 2012
Tags: borrow, home, loan, mortgage, qualifying, Real Estate, Robert Nusgart, spring
The real estate spring market is underway and you are finally thinking of purchasing a new home. The fun part is going out and looking at homes and envisioning your family settling into a beautiful new house with a rolling backyard, and a fresh kitchen with stainless steel appliances and granite countertops and first-floor master [...]
Real Estate Weekly – 4/20/12: Pierce’s Park opening slated at Inner Harbor
BY: Daily Record Staff
POSTED: April 20, 2012
Tags: Aronson LLC, Baltimore, bankannapolis, ExecuStay, Inner Harbor, marriott, maryland, Maryland Public Service Commission, opening, Pierce’s Park, power plant, Real Estate, real estate weekly, Towson, U.S. General Services Administration, waldorf
Aronson creates new division to speed back-office operations Aronson LLC, a Rockville-based accounting and consulting firm, announced the launch of a new division, Aronson Systems, which it created to help construction companies, real estate developers, government contractors and small businesses use smart technology to improve efficiency and streamline their back offices. Aronson Systems is an authorized [...]
Bank of America bad-loan provisions at 2007 level
BY: Associated Press
POSTED: April 19, 2012
Tags: accounting charge, bad loans, Bank of America, customers, debt, earnings, financial crisis, households, JPMorgan Chase, loans, losses, Real Estate, wells fargo
NEW YORK — Bank of America said Thursday that it set aside less money to cover bad loans in the first three months of the year than it has since before the 2008 financial crisis. Because Bank of America serves about half the nation’s households, the results could be seen as a statement about the [...]
Mortgage rates drop close to all-time lows
BY: Associated Press
POSTED: April 12, 2012
Tags: all-time, fannie mae, freddie mac, housing, lows, market, mortgage rates, Real Estate, united states
WASHINGTON — The average rate on the 30-year fixed mortgage dropped near its all-time low this week, making home buying and refinancing a bargain for those who can qualify. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan fell to 3.88 percent from 3.98 percent. That’s just above the rate of [...]
U.S. foreclosures drop 16% in 1st quarter
BY: Melody Simmons
POSTED: April 12, 2012
Tags: default, Foreclosures, housing, lenders, loan, market, maryland, mortgage, Real Estate, RealtyTrac, united states
The number of foreclosure filings in the U.S. during the first quarter of 2012 was down 16 percent from the opening quarter of 2011, possibly signaling a “hairline crack” in the pent-up housing market, a new report released Thursday said. In Maryland, foreclosure filings decreased by 12.4 percent over the same period. The report, by [...]
Real world real estate challenge
BY: Maria Zilberman
POSTED: April 11, 2012
Tags: American University, challenge, design, Development, Greyhound bus station, johns hopkins university, National Association of Industrial and Office Properties, plans, Real Estate, students, University of Maryland
After about two months and countless hours of researching, planning and designing, students at one of the region’s universities may get the chance to see their real estate development efforts come to fruition. The University of Maryland, Johns Hopkins University, American University and Georgetown University are participating in the 2012 Capital Challenge, an intercollegiate real [...]
Fed survey shows growth, hiring improves
BY: Danny Jacobs
POSTED: April 11, 2012
Tags: auto sales, beige book, consumers, equipment, federal reserve, hiring, jobs, Labor Department, Manufacturing, Real Estate, regional banks, Unemployment, united states
WASHINGTON — A Federal Reserve survey of business conditions across the United States suggests last month’s pullback in hiring may prove to be temporary. The survey released Wednesday showed that each of the Fed’s 12 bank districts grew steadily from mid-February through April 2. And the survey noted that hiring was stable or increased in [...]
Slower foreclosures lift March home sale prices
BY: Shane Doyle
POSTED: April 10, 2012
Tags: first quarter, home prices, home sales, march, maryland, metropolitan regional information systems, Real Estate
The median sales price for homes in the Baltimore metropolitan area increased over last year for the second straight month, according to a report released Tuesday, but the trend may not continue if foreclosure sales increase. Of the 1,894 homes sold last month —1.7 percent more than in March 2011 — only 13.9 percent were [...]
Homebuying, refinancing costs stay low
BY: Associated Press
POSTED: April 5, 2012
Tags: buyers, fannie mae, freddie mac, homes, interest rate, loans, market, mortgage, Real Estate, united states
WASHINGTON — The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan fell slightly to 3.98 percent from 3.99 percent last week. In February, the rate touched [...]
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