Tag Archives: Industry News

Job Loss Protection Program

August 26, 2009

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Today, Prudential Northwest Properties, is announcing a new program that pays up to $10,800 toward mortgage payments if a home buyer unexpectedly loses their job! Fear of job loss has kept some potential home buyers from taking advantage of the fantastic mortgage rates and real estate inventory currently available. Our new mortgage assistance program is a great solution to alleviate those fears.

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Strong Gain in Existing-Home Sales

August 21, 2009

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For the first time in five years, existing-home sales have increased for four months in a row, according to the National Association of REALTORS®.

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Pending Home Sales up for Fifth Consecutive Month

August 5, 2009

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August 5, 2009-Pending home sales are up for the fifth consecutive month, the first time in six years for such a streak, according to the National Association of Realtors®.

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Existing-Home Sales Rise Again

July 23, 2009

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Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June, according to the National Association of REALTORS®. Existing-home sales — including single-family, townhomes, condominiums, and co-ops — increased 3.6 percent to a seasonally adjusted annual rate of 4.89 million units in June from a downwardly revised [...]

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New Construction vs. Short Sales and Foreclosures

July 20, 2009

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RISMEDIA, July 20, 2009-(MarketWatch)- New construction of U.S. houses expanded for the second straight month in June after hitting a record low in April, the Commerce Department estimated Friday. Starts rose 3.6% in June to a seasonally adjusted 582,000 annualized units stronger than the 531,000 pace expected by economists surveyed by MarketWatch. This is the [...]

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