President Obama announced his Making Home Affordable Program (MHA), designed to help up to 7-9 million families avoid foreclosure by restructuring or refinancing their mortgages. In doing so, the plan not only helps responsible homeowners behind on their payments or at risk of defaulting, but … [Read more...]

Take a look at any new home sales near you. It doesn't matter what size the homes are, but what you will find is they are sparingly furnished where anyone could move right in.   They are mostly anonymous for "anyone" who would want to move in. There may be a frame or two in some of the rooms, but … [Read more...]

Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, … [Read more...]