Earthquake Insurance After Virginia Quake

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Most homeowners in the Northeastern United States did not think they needed to worry about their homeowner’s insurance covering damage from an earthquake; however, most homeowner’s insurance does not cover earthquakes. After the 2011 earthquake in Virginia, FEMA has issued the following statement: Common Misunderstandings Could Delay or Limit Your Assistance Virginia’s earthquake declaration has spanned five...
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Existing-Home Sales Show Uptrend

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Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago, according to the National Association of Realtors®. The latest monthly data shows total existing-home sales1 rose 5.0 percent to a seasonally adjusted annual rate of 4.61 million in December from a downwardly revised 4.39 million in...
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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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RSS Greater Philadelphia Region

  • Abraham Lincoln Union Open House
    Philadelphia, Pennsylvania: The Union League of Philadelphia, founded in 1862 as a patriotic society to support the Union and the policies of Abraham Lincoln, will host its annual Open House on Saturday February 4, 2012 from 11 a.m. to 2 p.m. The public is invited to stay after the open house for a special [...] […]
  • Benefit Dinner For Occupy Philadelphia
    You are invited to a dinner to benefit Occupy Philadelphia Friday, February 10, 2012 6:00 p.m. at the Friends Center 1501 Cherry Street, Philadelphia *a children’s program will be provided. Hundreds, perhaps thousands, of Philadelphians have quietly supported Occupy Philadelphia from the background. Though the encampment has been disbanded for the winter, Oc […]