Category Archives: Real Estate Market

American home equity cut by one-third

The head of global securitized products research at Citi Global Markets said that home equity held by American households is down from 60% to 39%. Mary Kane, speaking at an American Securitization Forum session about consumer trends and the state of the housing market, … Continue reading

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This housing crisis is NOT the Great Depression

The subject line of one email HousingWire received Tuesday from the Toronto-based firm read: “US Housing Market Monthly – Worse than the Great Depression.” Coverage on CNBC, later aggregated by the Drudge Report, stated “the housing crisis that began in … Continue reading

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The 10 most affordable U.S. home markets

The Home Listing Report considers average listing prices of four-bedroom, two-bathroom homes on ColdwellBanker.com. The report looked at 2,300 markets in North America, analyzing properties listed between September 2010 and March 2011. Some of the most affordable markets in the … Continue reading

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Who do you want to control your Estate?

When you use a Will to pass your property, the probate system takes control over all of your assets.  This means that the court system, not your family or heirs, is in charge of your assets until they are distributed (an average … Continue reading

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IRS Scrutinizes Gifts of Real Estate

A court document with the IRS filing described efforts by Josephine Bonaffini, the coordinator of an IRS state and federal gift-and-estate tax program, to find people who haven’t filed Form 709 to report U.S. gift and generation-skipping transfer taxes to … Continue reading

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Pending Home Sales Reach New Low as a Result of Unpredictable Circumstances

Pending sales of existing homes plummeted in April by 11.6%, reaching a seven month low after two consecutive months of increases. Pending home sales typically led existing home sales by a month or two and appear to be down in … Continue reading

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Housing Policy & Data: An Update

Rates for 30-year fixed-rate conventional mortgages dropped another basis point to 4.60% last week, continuing the record lows in 2011

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