RISMEDIA, September 3, 2010—Following a sharp drop in the months immediately after the expiration of the home buyer tax credit, pending home sales have modestly risen, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator, rose 5.2% to 79.4 based on contracts signed in July from a downwardly revised [...]

RISMEDIA, September 2, 2010—“The Federal Housing Administration (FHA) is giving homeowners and buyers until October 4, 2010 to lock in a low monthly insurance premium,” said Gibran Nicholas, chairman of the CMPS Institute, an organization that trains and certifies mortgage bankers and brokers. “After October 4, the monthly insurance premiums on FHA loans will increase [...]

RISMEDIA, August 31, 2010—A home buying guide published recently by the Appraisal Institute teaches home buyers when to buy, how to find a real estate agent, how to choose the best home on the market and more—all from the uniquely unbiased perspective of a real estate appraiser. An Insider’s Guide to Home Buying by Mark [...]

RISMEDIA, August 30, 2010—Are more Americans positioning themselves for home purchase? Although May’s data showed that home sales were down 26.8% as the home buyer tax credit concluded, a new survey conducted by Relocation.com suggests some families are opting for renting while they research—cash in hand—for deals on a new, more desirable home in their [...]

This Week’s Redding Real Estate Update: Residential Market Statistics Active Listings:  1,654 (from 1,640 last week and 1,635 two weeks ago) Pending Listings:   457 (from 441 last week and 438 two weeks ago) Closed so far in August: 105 Closed in July: 168 Closed in June: 201 Closed in May: 182 Closed in April: 173 [...]

RISMEDIA, August 27, 2010—(MCT)—Everywhere you look, July was not ideal for real estate—that’s one thing on which the economists and the statistics agree. Sales figures released recently for the first month in 19, not invigorated by government tax credits, offered a poor prognosis for the housing sector. Nationally, sales of previously owned homes plunged 25.5% [...]

RISMEDIA, August 23, 2010—The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury has released the August edition of the Obama Administration’s Housing Scorecard (www.hud.gov/scorecard), a comprehensive report on the nation’s housing market. In July, housing prices remained level after 30 straight months of decline, while some price predictions [...]

RISMEDIA, August 20, 2010—(MCT)—Facing new penalties if they lowball estimates of upfront mortgage costs, lenders and brokers appear to be coming clean about how much borrowers will pay. As a result, the so-called good-faith estimates that mortgage providers must give to prospective customers show closing costs soaring 36 percent this year, interest-rate tracker Bankrate.com said [...]

Cottonwood (Cottonwood – Cottonwood, California, US)Details Beautiful home located in Cottonwood on 3+ acres. 3 large bedrooms and 2 nice bathrooms with double vanities plus a 3 car garage. A large enclosed sunroom with ceiling fans is just off the livingroom and boosts great views of the surrounding mountains and oak covered hills. The master [...]

(Southeast Redding – Redding, California, US) Details Large home in Pacific Heights nestled on a cul-de-sac lot on 1/3 acre. Built in 2003, this home features, 4 full bedrooms + an office with a closet and 3 full baths with over 3,000 square feet. Huge kitchen and pantry, 3 car garage. 2 HVAC units make [...]