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Chief Blogger: Christopher Dente, Director of Public Relations | 212.685.7777 | cdente@citi-habitats.com	More Posts

August 2009 Housing Data Point to Recovery That May Help Economy Posted by Christopher Dente |  August 28, 2009 Housing Data Point to Recovery That May Help Economy By Kathleen M. Howley Aug. 27 (Bloomberg) -- The worst U.S. housing market since the Great Depression may be on the mend after prices rose in 18 of 20 U.S. cities in June, existing home sales hit a two-year high, and new home sales gained for a fourth consecutive month. Read full article here.   Comments(0) Filed under: News, Sales Share The Housing Market: Has It Turned the Corner? Posted by Christopher Dente |  August 28, 2009 The Housing Market: Has It Turned the Corner? By Barbara Kiviat (Time) What should we make of the housing market now? The past few days have seen a cascade of new data about house prices, home sales and troubled loans. The broad takeaway is that the market continues to steady. But behind the headline numbers are plenty of signs that the sector is still fragile — and that our housing-related troubles are far from definitively over. Read full article here.   Comments(0) Filed under: News, Sales Share Mortgage Rate Update Credit to: Christopher Dente Posted by Christopher Dente |  August 28, 2009 Regular Mortgages Jumbo Mortgages Source: BankRate.com View: three months   5/1 A.R.M.        4.58% 15-Year Fixed  4.72% 30-Year Fixed  5.29%           5/1 Jumbo        4.98% 15-Year Jumbo  5.84% 30-Year Jumbo  6.21%   Comments(0) Filed under: News, Sales Share Act fast! Homebuyer tax credit ends soon Posted by Christopher Dente |  August 28, 2009 Act fast! Homebuyer tax credit ends soon There's barely three months left before the $8,000 tax credit for first-time buyers ends -- and it can take that long to close on your new home. By Les Christie, CNNMoney.com staff writer NEW YORK (CNNMoney.com) -- Use any metaphor you want: the ticking clock, sands running through the hourglass or pages falling away from the calendar. The fact is, time is running out to claim the $8,000 first-time homebuyers tax credit. Read full article here.   Comments(0) Filed under: News, Sales Share Mortgage rates up slightly, still near record lows Posted by Christopher Dente |  August 28, 2009 Mortgage rates up slightly, still near record lows By Alan Zibel, Associated Press WASHINGTON — Rates for 30-year home loans edged up this week, but remain close to record lows reached over the spring. The average rate for a 30-year fixed mortgage was 5.14%, up from 5.12% a week earlier, mortgage company Freddie Mac said Thursday. Rates, while above the record low of 4.78% hit in the spring, are still at attractive levels for people looking to buy a home or refinance. Read full article here.   Comments(0) Filed under: News, Sales Share	RECENT POSTS Mortgage Rate Update U.S. Mortgage Rates Fall for Third Consecutive Week With F.H.A. Help, Easy Loans in Expensive Areas U.S. Housing Recovery Delayed to 2010 as Market Wanes Real Estate Outlook: Moving Towards Recovery First-time homebuyers leading market back Bidding Wars Resume Mortgage Rate Update RELATED Events Manhattan Market Reports New Developments News Press Releases Rentals Sales All Sections ARCHIVES November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 Add CitiBlog feed

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