THE WALL STREET JOURNAL MARKET WATCH BY Nathalie Tadena REPORTS…… The total number of mortgage applications filed in the U.S. last week rose 5.9% from the prior week as interest rates generally declined, the Mortgage Bankers Association said Wednesday. The refinance index jumped 8% from the previous week, according to the MBA’s weekly survey, which
BUSINESS NEWS DAILY REPORTS THE …. THE High-rolling members of Gen Y will soon be the mainstay of marketers of luxury products and services, a new study shows. The affluent segment of these millennials (those ages 18-34, living in households that earn more than $100,000 in annual income) already has the largest current spending for
Americans’ Overall Economic Sentiment Shows Marked Improvement, Some Areas Post Record Highs WASHINGTON, DC – Results from Fannie Mae’s September 2012 National Housing Survey show Americans’ optimism about the recovery of the housing market and with regard to homeownership continued its gradual climb, bolstered by a series of mortgage rate decreases experienced throughout the summer.
National Housing Market New Home prices have turned the corner and forces are driving rising prices in the foreseeable future. In this article, we discuss these forces and reveal the trends that are not evident to those who rely only on publicly-available data to form their views on home prices. The popular aggregate price indices
FORBES REPORTS Atlanta Business Chronicle by Jacques Couret, Senior Online Editor Date: Wednesday, December 12, 2012, 3:44pm EST Georgia moved up three spots to No. 8 on Forbes’ annual “Best State for Business” list. Forbes compiled the list using six vital categories: costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of
ATLANTA HOUSING DEMAND ON THE RISE…. Atlanta Business Chronicle by Jacques Couret, Senior Online Editor Date: Thursday, November 1, 2012, 1:41pm EDT Housing demand now outpaces supply in metro Atlanta and demand is expected to continue to grow with unemployment waning, Metrostudy reported Thursday. Housing demand now outpaces supply in metro Atlanta and demand is
The NATIONAL ASSOCIATION OF REALTORS® has developed an informational brochure that provides examples of different scenarios in which the new 3.8% tax — passed by Congress in 2010 — could be relevant to you and your customers. Since this new tax will affect some real estate transactions, but will not be imposed on all transactions