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Brendan Font…, Real Estate Pro in Auburn, ME
Homes are more affordable now than anytime in the past 20 years, according to the National Association of Home Builders Housing Opportunity Index. The index measures the percentage of homes affordable… Read more
Blogged Tue Feb 28, 2012 by Brendan Fontaine Home Buying Financing Foreclosure
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Brendan Font…, Real Estate Pro in Auburn, ME
The U.S. Census Bureau and the Department of Housing and Urban Development’s New Residential Sales report for January shows sales of new single-family homes were 0.9 below December’s upwardly… Read more
Blogged Tue Feb 28, 2012 by Brendan Fontaine Home Buying Home Selling Financing
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Brendan Font…, Real Estate Pro in Auburn, ME
According to the Mortgage Bankers Association’s Weekly Applications Survey, mortgage applications decreased 4.5 percent last week from the week before. Despite the decline, the Market Composite… Read more
Blogged Fri Feb 24, 2012 by Brendan Fontaine Home Buying Home Selling Financing
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Brendan Font…, Real Estate Pro in Auburn, ME
The National Association of Realtors reports that existing-home sales rose again in January, the third improvement in the past four months. Sales of previously owned homes, including single-family,… Read more
Blogged Thu Feb 23, 2012 by Brendan Fontaine Home Buying Home Selling Financing
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Brendan Font…, Real Estate Pro in Auburn, ME
The number of homes for sale nationwide fell for the eighth-straight month in January and is now 23.2 percent below last year’s levels. According to data from Realtor.com, inventory dropped 6.59… Read more
Blogged Wed Feb 22, 2012 by Brendan Fontaine Home Buying Financing Foreclosure
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Brendan Font…, Real Estate Pro in Auburn, ME
The U.S. Census Bureau and the Department of Housing and Urban Development’s new residential construction statistics for January show privately-owned housing starts rose to a seasonally adjusted… Read more
Blogged Wed Feb 22, 2012 by Brendan Fontaine Home Buying Home Selling Financing
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Brendan Font…, Real Estate Pro in Auburn, ME
Builder sentiment rose for the fifth consecutive month in February, according to the National Association of Builders’ Housing Market index. The index measures builder confidence in the market… Read more
Blogged Thu Feb 16, 2012 by Brendan Fontaine Home Buying Home Selling Financing
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Brendan Font…, Real Estate Pro in Auburn, ME
According to the Mortgage Bankers Association’s Weekly Applications Survey, demand for home loans was flat last week, with the Market Composite Index dipping just 1.0 percent after surging… Read more
Blogged Thu Feb 16, 2012 by Brendan Fontaine Home Buying Home Selling Financing
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Brendan Font…, Real Estate Pro in Auburn, ME
Fannie Mae’s National Housing Survey polls 1,000 Americans each month about their attitudes toward homeownership, mortgage rates, the economy, personal finances, and overall consumer confidence.… Read more
Blogged Tue Feb 14, 2012 by Brendan Fontaine Market Conditions Home Buying Financing
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Brendan Font…, Real Estate Pro in Auburn, ME
According to Gallup, Americans’ economic confidence and sense of well being both rose in January. Gallup’s Life Evaluation Index, which asks Americans to rate their current and future lives… Read more
Blogged Tue Feb 14, 2012 by Brendan Fontaine Market Conditions Home Buying Financing
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Brendan Font…, Real Estate Pro in Auburn, ME
The National Association of Realtors Housing Affordability Index reached a record high in 2011. The index, which began in 1970, measures the relationship between median home price, median family income,… Read more
Blogged Tue Feb 14, 2012 by Brendan Fontaine Home Buying
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Brendan Font…, Real Estate Pro in Auburn, ME
The number of foreclosures completed in 2011 fell 24 percent to 830,000 from 1.1 million in 2010. Data released by CoreLogic shows that, not only were foreclosures down year-over-year, but they also… Read more
Blogged Fri Feb 10, 2012 by Brendan Fontaine Financing Foreclosure
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Brendan Font…, Real Estate Pro in Auburn, ME
According to the Mortgage Bankers Association’s Weekly Applications Survey, demand for mortgage loans surged last week. The Market Composite Index, which measures total loan application volume,… Read more
Blogged Wed Feb 8, 2012 by Brendan Fontaine Financing
Brendan Font…, Real Estate Pro in Auburn, ME
The National Association of Home Builders/First American Improving Markets Index rose by 29 metropolitan areas in February bringing the total number of entries to 98. There are now 36 states represented… Read more
Blogged Tue Feb 7, 2012 by Brendan Fontaine Home Buying Home Selling Financing
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Brendan Font…, Real Estate Pro in Auburn, ME
Freddie Mac recently released their fourth-quarter refinance analysis and it shows that 85 percent of homeowners who refinanced their mortgagesduring the fourth quarter of 2011 maintained or reduced… Read more
Blogged Tue Feb 7, 2012 by Brendan Fontaine Financing
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Brendan Font…, Real Estate Pro in Auburn, ME
Data from the U.S. Bureau of Labor Statistics shows total nonfarm payrollemployment rose by 243,000 in January, bringing the unemployment rate down to 8.3 percent from 8.5 percent the month… Read more
Blogged Mon Feb 6, 2012 by Brendan Fontaine Home Buying
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Brendan Font…, Real Estate Pro in Auburn, ME
A U.S. Census Bureau report on fourth-quarter vacancy and homeownership rates shows vacancies among non-rental housing at levels last seen in 2006. The national vacancy rate for single-family homes… Read more
Blogged Thu Feb 2, 2012 by Brendan Fontaine Home Buying
Brendan Font…, Real Estate Pro in Auburn, ME
According to the Mortgage Bankers Association’s Weekly Applications Survey, the Market Composite Index, which measures total mortgageloan application volume, dipped 2.9 percent last week.… Read more
Blogged Thu Feb 2, 2012 by Brendan Fontaine Home Buying
Brendan Font…, Real Estate Pro in Auburn, ME
The S&P/Case-Shiller Home Price Indices, the most closely followed measure of national home values, registered a decline of 0.7 percent for their 20-city composite index through November, a bigger… Read more
Blogged Wed Feb 1, 2012 by Brendan Fontaine Home Buying
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Brendan Font…, Real Estate Pro in Auburn, ME
According to the Thomson Reuters/University of Michigan consumer sentiment index, Americans’ confidence in the economy rose again in January. The overall reading for the month rose to 75.0 from… Read more
Blogged Tue Jan 31, 2012 by Brendan Fontaine Home Buying Home Selling Financing
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