| Trump Sells $100 Million Mansion and Sets New Real Estate Record |
| butterflylister |
| 7/22/2008 |
| Real estate tycoon Donald Trump set a new record last Tuesday, as he agreed to sell his sprawling Florida mansion to Dmitry Rybolovlev, a Russian billionaire who owns Uralkali, a mining company whose net worth is said to be over $12 billion. The 62,000....(more) |
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| Fannie Mae and Freddie Mac Stocks Take Huge Hit |
| butterflylister |
| 7/8/2008 |
| Fears over increasing loan defaults and a loss of consumer confidence caused shares and bonds in two mortgage giants, Fannie Mae and Freddie Mac, to plunge yesterday. The two government-backed mortgage lenders suffered their biggest losses in more than....(more) |
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| Foreign Investments in U.S Real Estate Continues to Increase |
| butterflylister |
| 6/23/2008 |
| Here's a dose of positive news for the widely troubled real estate market: Foreign investments in U.S. in both commercial and residential real estate is continuing to increase. Thanks to the devaluation of the U.S. dollar and deflating home and....(more) |
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| Mortgage Rate Update and Analysis |
| butterflylister |
| 5/2/2008 |
| Mortgage rates rose slightly again this week, marking the highest level in seven weeks, according to national averages from Bankrate.com and Freddie Mac. While only modest increases were reported, concerns over inflation were reflected in the....(more) |
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| New Home Sales Plummet in March |
| butterflylister |
| 4/30/2008 |
| According to a new report from the Commerce Department, the sale of new homes plummeted in March. The report shows that sales of new homes dropped a substantial 8.5% last month to the lowest levels in sixteen years. The data reports that the....(more) |
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| The Best Cities to Invest in Real Estate These Days |
| butterflylister |
| 4/21/2008 |
| Cities to Consider Investing in:Atlanta- I absolutely agree with this choice because Georgia, specifically the Atlanta region, has one of the best economic outlooks in the country. Realtytimes says, "the Atlanta market didn't....(more) |
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| Housing Inventory Up 12% |
| butterflylister |
| 4/11/2008 |
| The for-sale housing inventory is up an average of 12% in major metropolitan areas since last year, according to data from ZipRealty. The data shows a listing of twenty-nine metro areas for the month of March. According to the data, housing....(more) |
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| New Rules for Jumbo-Conforming Loans |
| butterflylister |
| 3/26/2008 |
| The federal government has recently revised the guidelines for jumbo-conforming loans as a result of the mortgage crisis. Temporary increases to Fannie Mae's conventional loan limits for first mortgage loans in high-priced areas, as defined by....(more) |
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| $200 Billion Initiative to Increase Mortgage Market Liquidity |
| butterflylister |
| 3/19/2008 |
| The government's latest attempt at easing the housing crisis will provide an additional $200 billion to financial giants Freddie Mac and Fannie Mae in an initiative to increase liquidity to the mortgage-backed securities market. The Office of Federal....(more) |
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| Chief Economist leaves MBA for Fannie Mae |
| butterflylister |
| 3/17/2008 |
| Earlier this month, Doug Duncan, chief economist at the Mortgage Bankers Association announced his decision to leave the MBA for a position at Fannie Mae. Duncan's new position as head of the economic and mortgage market analysis....(more) |
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