The Federal sequestration cuts are taking a toll on the economy and the legislation being finalized by the policymakers is expected to hit some of the largest government agencies. The Department of Housing and Urban Development is being considered to be in the danger zone. The
The spring-buying season has turned into a boon for the country with home prices benefiting immensely. If we look at the records from past months, the forecasts are turning true for most of the states. The forecasted growth percentage of yearly, two-quarter and quarterly gains
The revision and improvements in the disclosure form requirements has given the opportunity to moneylenders for improving mortgage-closing process. The proposal from Consumer Financial Protection Bureau in this regard also contains a provision wherein the delivery of this new Closing Disclosure has to be done
With reference to the latest reports from HUD and the U.S. Census Bureau, it has been noted that a rise of 2.3% in sales of single-family homes has occurred. The sales numbers are higher than the previous month and show a significant progress. The sales prices
The National Association of Home Builders (NAHB) appreciated “the bipartisan Senate sponsors of legislation to advance comprehensive immigration reform” and suggested an improvement to the guest worker provisions which could be an answer to the current labor issues in the nation. Foreign workers have always
Southern California is home to Hollywood, celebrities, beaches and yearlong sunny skies. Do these factors have an effect on home sales in the region? Let’s take a look at the home sales in the area for the month of February. According to a study conducted
As we all know, President Obama recently made his first State of the Union speech after his re-election. The history of this annual speech goes all the way back to George Washington who delivered the first annual message before the Congress. This speech gives an
It is that time of the year again when everyone is rushing to finish their holiday shopping and kids are waiting for Santa to visit. It is also time to look back at the year that has gone by, to review the good and bad.
We are sure that many of you would have been huddled in the cold, waiting for your favorite stores to open on Black Friday. Those who prefer to shop from the comfort of their homes, would have looked forward to Cyber Monday. However, did any