Homebuyer’s First Steps

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Mortgage rates are at 50-year lows – the 30-year fixed-rate mortgage averaged 3.95 percent at the close of 2011 – making homeownership more affordable than ever for families with a stable income and good credit. But before you begin house hunting in earnest, it’s important that you get the facts about buying a home...
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Montgomery County Real Estate

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Montgomery County Recorder of Deeds NANCY J. BECKER is urging recorders/registers of deeds across state and the country to withdraw public money from any banks affiliated with the Mortgage Electronic Registry System (MERS), which she claims is undermining the practice of accurate land recording. In recent years, mortgages have been assigned and...
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The Future Of Housing

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The Future Of Housing

Six Key Principles for the Future of the Housing Finance Market By Feddie Mac  CEO Ed Haldeman Freddie Mac was chartered by Congress in 1970 with a public mission to stabilize the nation’s residential mortgage markets and expand opportunities for homeownership and affordable rental housing. Our statutory mission is to...
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New Residential Construction

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New Residential Construction

Building Permits, Housing Starts, and Housing Completions or the letters indicate a document is in the Microsoft® Excel® Spreadsheet Format (XLS). To view the file, you will need the Microsoft® Excel® Viewer available for free from Microsoft®. or denotes a file in Adobe’s Portable Document Format. To view the...
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Existing Home Sales

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Washington, DC, November 21, 2011 Existing-home sales improved in October while the number of homes on the market continued to decline, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 1.4 percent to a seasonally adjusted annual rate of 4.97 million in October...
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Houses for Sale by the U. S. Government

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Houses for Sale by the U. S. Government

The HomeSales.gov web site provides current information about single family homes for sale by the U.S. Federal Government. These previously owned homes are for sale by public...
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Flood Insurance Reform

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“The National Association of Realtors® is pleased that a continuing resolution passed by Congress today included a short-term extension of the National Flood Insurance Program, but still believes a longer term extension is needed to ensure access to affordable flood insurance for millions of homeowners. “As the leading advocate for homeownership...
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New Residential Home Sales

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New home sales and existing home sales are released each month at about the same time. Many comparisons are made between the two series, but before doing any comparisons, one must be aware of some definition differences that affect the timing of the statistics. The Census Bureau collects new home sales based upon the following...
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Making Homes Affordable

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The Advertising Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), announced today the launch of a national public service advertising (PSA) campaign designed to encourage homeowners who are struggling with their monthly mortgage payments to learn about the Making Home Affordable Program....
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How Do I Identify Loan Officers?

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The loan origination business was like the wild west. Now, there is a new sheriff in town: WASHINGTON (Reuters) – Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to final rules issued on Wednesday by the Federal Reserve and other regulators. The...
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International Interest in U.S. Homeownership

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The following article is part of a long term study The Golden Rule’s Social Justification. ARTICLE International home buyers are increasingly attracted to property in the U.S., according to the National Association of Realtors®’ 2010 Profile of International Home Buying Activity. Several factors, including the strength of the dollar, the value and desirability of U.S. real...
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HUD Charges Philadelphia-area Landlords with Housing Discrimination

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HUD has charged the owners of several apartment buildings in suburban Philadelphia with discrimination against families with children for terminating the lease of a woman because she adopted an 11-year-old child. The charge also alleges that the owners made discriminatory statements and discouraged families from applying….
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RSS Greater Philadelphia Region

  • Philadelphia See The Light
    Philadelphia, PA – The Department of Licenses and Inspections (L&I) has implemented two ordinances designed to encourage the use of solar panels systems in Philadelphia. Sponsored by Councilman Jim Kenney, the two ordinances amend the Philadelphia Building Construction and Occupancy Code to greatly reduce the costs of securing both electrical permits and […]
  • Serving the Youth of Northeast Philadelphia
    On Saturday, January 21, 2012, Cub Scouts from all over Northeast Philadelphia will gather at Wissinoming Park, (5801 Frankford Avenue) for the Annual Roosevelt District, Cub Scout Klondike Derby. This year’s theme is; A Hillbilly Hoedown in Dogpatch. The day’s program will run from 9 a.m. until completion. At the Boy Scout level a Klondike Derby [...] […]