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Home arrow News

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A blog of all section with no images

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Improvements in the Real Estate Sectors Persist
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Wednesday, 13 September 2006

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Tightening vacancy rates and rising rents are pouring funds into commercial sectors.  Commercial real estate markets expect this.  

David Lereah, NAR's chief economist, said most commercial market fundamentals are solid. "Commercial real estate markets move in response to changes in fundamental demand, which remains solid as a result of sustained job creation and economic growth," he said. "Except for some weakness in the retail sector, the commercial market is benefiting from lower vacancies and higher rents."

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Higher Allocations experienced by Real Estate
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Print E-mail

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Wednesday, 13 September 2006

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WASHINGTON, DC- Real estate allocations are increased in portfolios after many firms sold holdings in 2002-2003.  This is to take advantage of high valuations, said the Commercial Real Estate Outlook of the National Association of Realtors. 
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Real Estate Market finds its pulse
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Print E-mail

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Wednesday, 13 September 2006

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News a couple of days say that real estate market is still dead.  The percentage drop in existing and new home sales is in the double digits.  Flyers are being stuck to front doors telling buyers they can move in for $1.  This indicates that some builders are desperate to perk up sales figures.
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Higher mortgages get paid by Minorities
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Print E-mail

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Wednesday, 13 September 2006

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Gannett News Service informs that Americans taking heavy mortgage loads leads to housing debt more increasingly.  Almost half of all blacks and Hispanics who bought homes last year are paying above average mortgage rates. 
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Mortgages are paid more by Hispanics and Blacks
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Print E-mail

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Tuesday, 12 September 2006

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WASHINGTON - Black and Hispanic home buyers pay more for their mortgages than do whites, according to a Federal Reserve report released Friday.  Federal Reserve reports that Black and Hispanics pay more for their mortgages.  The Fed’s analysis of 2005 home lending data found that 54.7 percent of black borrowers paid a higher-than-typical interest rate on home mortgages.  That was up sharply from 32.4 percent in 2004.
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As inflation rises Mortgage qualms
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Print E-mail

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Tuesday, 12 September 2006

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Homeowners are gearing up for another hike in mortgage rates after inflation rose to its joint highest level since Labour came to power nine years ago.  The inflation hike was caused by increases in the price of games and toys, including a big upward contribution from computer games.
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