Thursday, August 20, 2009

Mortgage Bankers Association - "Delinquencies Continue to Climb, Foreclosures Flat in Latest MBA National Delinquency Survey" (8-20-09)

"
The delinquency rate for mortgage loans on one-to-four-unit residential properties rose to a seasonally adjusted rate of 9.24 percent of all loans outstanding as of the end of the second quarter of 2009, up 12 basis points from the first quarter of 2009, and up 283 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate increased 64 basis points from 8.22 percent in the first quarter of 2009 to 8.86 percent this quarter."

Bloomberg - "
Worker Deaths Fall on Decline in Construction" (8-20-09)

"
U.S. workplace deaths fell 10 percent in 2008 to the lowest number in 16 years as fatalities declined in the construction industry amid a drop in housing starts."

Orange County Register - "Is a ‘man cave’ a must-have in a new home?” (8-20-09)

“70% of women made up their mind to buy the day they first saw a home for sale, vs. 62% of men. 55% of women place more importance on living closer to extended family than to their job; only 37% of men felt the same way.”

Realty Times“Turning Internet Confusion into Success” (8-20-09)

“The simple fact that the internet is a part of the returning real estate market is not big news, but with so much information coming out so fast, understanding it can be difficult. This article is the first in a series of six that decodes the basics, and even some mild intricacies, of the world of electronic marketing and will show you how to compete and succeed in an area of marketing where you might have previously feared to tread.”

Realty Times – “Market Conditions” (8-20-09)

“Zillow has reported that 18 of 142 declining markets, have seen at least three consecutive quarters of smaller year over year home value declines.”

Realty Times“Differentiate Yourself: Build With Home Gateways, Digital Possibilities in Mind” (8-20-09)

“The growing market adoption of home networking is leading to increased demand for gateways, which will only grow in the next 18 to 24 months”


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