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Pending Home Sales Show Healthy Gain

RISMEDIA, February 4, 2009-Pending home sales increased as more buyers took advantage of improved affordability conditions, according to the National Association of Realtors®. Big gains in the South and Midwest offset modest declines in other regions. The Pending...

30-Year Mortgage Rates Rise to 5.25%

RISMEDIA, February 4, 2009-The weekly average rate borrowers were quoted on Zillow for thirty-year mortgages rose again last week to 5.25%, up from 5.12% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate website...

Housing Crisis Needs Solutions, Not Scapegoats

RISMEDIA, February 4, 2009-(MCT)-As a real estate writer for The Philadelphia Inquirer I am being inundated by opinions on the housing crisis. They fall into two categories: assigning blame and criticizing others’ proposals without offering alternatives....
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