Quick Home Search

Login | Register to Get Homes by Email

Advanced Search

Four States Back at Peak Employment: IHS

A report from Information Handling Services (IHS) showed that since the recession began, four states have reached or surpassed previous employment peaks while several more are within 1 percent of making that goal. The report, put together by IHS U.S. Regional Economist Steven Frable, stated that Alaska, North Dakota, Texas, and Louisiana have all reached or passed their prerecession employment levels, with Alaska and North Dakota reporting peak employment in 2010-11. These four states are also experiencing … [Read more...]

BofA Offering Up to $30K in Relocation Assistance for Short Sales

Just days after Bank of America officially announced its nationwide program offering up to $30,000 in relocation assistance for short sales, a Massachusetts-based real estate company revealed in a blog that one of its clients was approved to receive $10,000. “We knew this client was eligible for some relocation assistance but we did not realize it would be this much. It was a welcome surprise for our client who is having a hard time coming up with money to move,” said Anthony Lamacchia, owner and broker of … [Read more...]

Week After Week, Rates Continue to Break Record-Low Numbers

Just when it seemed like they could not fall any further, fixed-rate mortgages continued to drop, breaking record-low numbers once again, according to Freddie Mac’s weekly mortgage market survey. “The European debt crisis overshadowed improving economic indicators for the U.S. and allowed Treasury bond yields and fixed mortgage rates to ease for another week,” said Frank Nothaft, VP and chief economist for Freddie Mac. The 30-year fixed-rate mortgage averaged 3.79 percent (0.7 point) for the week ending May … [Read more...]