Cash buyers are sending home values down much lower than they otherwise would be, suggests a new survey by Campbell Inside Mortgage Finance, which polled more than 2,500 real estate agents nationwide.
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Archive for January, 2012
Are Cash Buyers Driving Down Home Prices?
Tuesday, January 24th, 2012More Buyers Ready to Get Off the Sidelines?
Tuesday, January 24th, 2012When you compare the cost of owning a home to renting, you’ll find that buying may soon make more sense, Paul Diggle, a housing economist at Capital Economics, told MSNBC.com.
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7 Bluesky Circle
Tuesday, January 24th, 2012
Lovely home in a cul-de-sac location. 3 BR plus an office. Excellent finishes throughout and gorgeous views of the Jemez Mountains and sunsets.
12/3/11 – 12/31/11
Wednesday, January 11th, 2012This report will show you, week by week, how many homes in Santa Fe County went under contract (U), how many homes sold (S), and how many homes became active new listings (A).
Freddie Loosens Credit Score Requirement for Refis
Monday, January 9th, 2012Freddie Mac announced it has eliminated its minimum credit score requirement for borrowers wanting to refinance, but they must have at least 20 percent equity in their home, HousingWire reports. Freddie Mac used to require a minimum credit score of 620.
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Increased Lending, Loan Modifications Key to Recovery
Monday, January 9th, 2012Stabilizing and restoring the health of the housing market is critical to a broader economic recovery, according to a white paper released yesterday by the Federal Reserve Board. Many of the issues and recommendations outlined in the paper support key principles established by the National Association of REALTORS® to help revitalize the housing industry and economy.
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Mortgage Rates Match Record Lows This Week
Monday, January 9th, 2012With signs of an improving housing market, mortgage rates took another dip this week, matching at or near the all-time record lows, Freddie Mac reports in its weekly mortgage market survey.
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45 Gold Trail
Monday, January 9th, 2012
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Southwestern contemporary style 3 BR 3 BA home plus office and TWO studios! 11 + acres provides excellent privacy. Truly an inspirational property!