Real Estate News 8.5.14

1.Mortgage Credit Availability Increases Slightly in July
“Mortgage credit availability increased in July according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from the AllRegs® Market Clarity® product.  ”

2.Improving Housing Market Luring Would-Be Brokers
“To motivate a classroom packed with 87 aspiring real estate agents, instructor Keith Grandy started off his one-week, intensive course with the promise of big money: With hard work, fresh licensees in the Miami metro area could make $100,000 a year if they complete at least two transactions per month, according to current property prices and commissions.”

3.Real Estate’s Epic Rebound Starts to Cool
“The U.S. real-estate market has stormed back over the past five years after enduring its most brutal period since the Great Depression. The rebound has rewarded investors and boosted the overall economy.”

4.Improving housing market luring would-be brokers
“To motivate a classroom packed with 87 aspiring real estate agents, instructor Keith Grandy started off his one-week, intensive course with the promise of big money: With hard work, fresh licensees in the Miami metro area could make $100,000 a year if they complete at least two transactions per month, according to current property prices and commissions.”

5.Home prices rise at slowest pace in 20 months
“U.S. home prices rose in June by the smallest year-over-year amount in 20 months, slowed by modest sales and more properties coming on the market.”

6.U.S. economic confidence dips in July
“Gallup’s Economic Confidence Index fell two points in July to a minus 17, which is the lowest index reading since March.”

7.Home prices rose by 7.5 percent in June
“Home prices nationwide, including distressed sales, increased 7.5 percent in June compared to June 2013, according to a new report Tuesday from financial information company CoreLogic Inc. (NYSE: CLGX) of Irvine.”

8.Can You Still Get a Good Deal on a Home?
“The seesawing housing market continues to defy economists and expectations.”

TonyAlvarez.com

 

 

 

 

 

 

 

 

 

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