CRE prices rise for seventh straight month in November

Though only by a small margin, commercial real estate prices increased once again in November, marking the seventh consecutive month of gains and continuing to lead to steady interest in properties nationwide, CoStar Group reports.
Though only by a small margin, commercial real estate prices increased once again in November, marking the seventh consecutive month of gains and continuing to lead to steady interest in properties nationwide, CoStar Group reports. [More]


Appraisal group: Don't blame us for low appraisals, home values

Feeling as if they are receiving the brunt of the blame for the housing crisis, due to low home appraisals that have led to declining residential property values nationwide, the Appraisal Institute is speaking out against critics.
Feeling as if they are receiving the brunt of the blame for the housing crisis, due to low home appraisals that have led to declining residential property values nationwide, the Appraisal Institute is speaking out against critics. [More]


More foreclosures for failed HAMP participants

Recent real estate records from the Treasury Department indicate that mortgage servicers put a greater number of borrowers who entered the Home Affordable Modification Program into foreclosure during 2011 than they did in 2010.
Recent real estate records from the Treasury Department indicate that mortgage servicers put a greater number of borrowers who entered the Home Affordable Modification Program into foreclosure during 2011 than they did in 2010. [More]


Orlando house market improved in December

A major spike in home prices during December was enough to push overall property values in Orlando into positive territory for 2011, says the Orlando Regional Realtor Association.
A major spike in home prices during December was enough to push overall property values in Orlando into positive territory for 2011, says the Orlando Regional Realtor Association. [More]


Report: Home sales higher than projected for December

Home sales ended last year strong, according to a report by RE/MAX, which indicates a substantially higher number of homes came off the nation's market in December than the month before.
Home sales ended last year strong, according to a report by RE/MAX, which indicates a substantially higher number of homes came off the nation's market in December than the month before. [More]


Freddie Mac: Lowest mortgage rates recorded again

The new year has started off with a new record, as Freddie Mac reports the average rates for short- and long-term mortgage rates hit new all-time lows during the second reported period of 2012.
The new year has started off with a new record, as Freddie Mac reports the average rates for short- and long-term mortgage rates hit new all-time lows during the second reported period of 2012. [More]


Population growth could be key to Texas housing market success

Positive trends in the Texas real estate market could be heavily rooted in the state's population growth during recent years, the Real Estate Center at Texas A&M University reports.
Positive trends in the Texas real estate market could be heavily rooted in the state's population growth during recent years, the Real Estate Center at Texas A&M University reports. [More]


Housing market outlook more positive in 2012

A growing number of industry experts anticipate the housing market to reach its bottom in 2012, USA Today reports.
A growing number of industry experts anticipate the housing market to reach its bottom in 2012, USA Today reports. [More]


West Coast foreclosure rate sees improvement

The number of foreclosure starts on the West Coast saw a notable decline during December, ForeclosureRadar reports.
The number of foreclosure starts on the West Coast saw a notable decline during December, ForeclosureRadar reports. [More]


CFPB set to begin oversight of nonbank lenders

With the appointment of Richard Cordray as director of the Consumer Finance Protection Bureau, the agency will now begin its review process of nonbank lenders.
With the appointment of Richard Cordray as director of the Consumer Finance Protection Bureau, the agency will now begin its review process of nonbank lenders. [More]