Home resales rise, prices fall
Friday, June 27th, 2008 Posted in Boston Metrowest News, Market Conditions, Mortgage Information, Sudbury Real Estate | No Comments »WASHINGTON - Sales of previously owned homes in the United States rose in May from the lowest level in at least nine years as a slide in prices lured some buyers into the market. Resales increased 2 percent to a 4.99 ...
Mortgage Pre-Approval versus Mortgage Pre-Qualification
Wednesday, March 12th, 2008 Posted in Market Conditions, Mortgage Information | No Comments »Is there a difference between a Mortgage Pre-Qualification letter and a Mortgage Pre-Approval letter? The reality is that most all buyers need to obtain a mortgage loan to purchase a home. Since mortgage approval is such an integral aspect of a ...
Housing prices to free fall in 2008 - Merrill
Thursday, January 24th, 2008 Posted in Market Conditions | No Comments »According to a Merrill Lynch report, home prices will drop 15 percent this year, and declines will continue in 2009. NEW YORK (CNNMoney.com) -- The worst housing financial crisis in decades is only going to get worse, a Merrill Lynch report ...
It’s official: Prices fell in 2007
Thursday, January 24th, 2008 Posted in Market Conditions | No Comments »The median price of an existing U.S. home fell 1.4 percent last year, the National Association of Realtors reported today. It is the first drop in annual median prices since the NAR started reporting data in 1968, and possibly the ...