New Jersey Real Esate “Hoboken Real Estate ”
Jersey City Real Esate “Hoboken Condominiums ”
Washington, January 5, 2010 - Pending home sales pulled back in November marking the first time in nine months that the index failed to post gains.
Experts had anticipated a correction to 111.8 however the index declined below the expected number to pull down 16% from the from dOctober’s revised reading of 114.3.
The Northeast and Midwest [...]
In 2009 US loan issuance dropped by 28 percent to $547 billion, from $764 billion in 2008, according to data from Reuters Loan Pricing.
Here is the breakdown:
Investment-grade loans down 28 percent to$229 billion, from$319 billion.
Lleveraged loan issuance down 19 percent slid to $239 billion,from $294 billion in 2008.
Source and Story here
S&P stated that the annual rate of decline improved IN ALL METROPOLITAN AREAS
November marks the third month in a row of increasing home sale
National pending sales data indicates that people actually buying homes is one of factors contributing to the low supply.
Housing inventory at 2.5bb year low
The average contract interest rate for 30-year fixed-rate mortgages decreased to 4.83 percent from 4.90 percent
President Signs Legislation to Extend and Expand Tax Credit
As of today, no formal bill regarding an amended tax credit program has been passed
Fiserv Case-Shiller Home Price Insights: U.S. Housing Prices Forecast to Decrease 11 Percent over the Next Year
