Current Housing Market News | Todd MacMillan, ABR, CTA, ERS, GRI | MacMillan KY Real Estate

Foreclosures in Honolulu surge While some cities in the Continental U.S. have seen the rates of foreclosure slowing in recent months, the numbers have been skyrocketing in Hawaii's capital.	Foreclosure market impacts other home sales Many consumers that want to sell their homes have found the task difficult, and the large number of nationwide foreclosures is a part of the reason.
Government charges architect and developer with housing... A designer and architect in Chicago is in hot water with the U.S. Department of Housing and Urban Development for its failure to design and build apartments that meet minimum accessibility requirement...	Home sales increased by nearly 25 percent in June Sales of new single-family homes rose significantly in June, according to a new report that was jointly released by the U.S. Census Bureau and the Department of Housing and Urban Development.
Freddie Mac reports lowest mortgage rates ever Consumers that are considering buying a home have literally never been in a better position to get a great deal on a mortgage, as rates have hit their lowest point ever this week.	HUD, management companies agree to improve and increase... Many families that wanted to buy homes in Pompano Beach, Florida, may have found themselves unable to do so in recent years, but that is all about to change.
Home affordability remains near best level in a decade The Obama administration's Housing Scorecard brought a lot of good news to prospective homeowners this week.	Fannie Mae gets tougher on strategic defaults Homeowners that simply walk away from mortgages they can afford will now face tougher penalties from lenders for doing so.
Fannie Mae Mortgage Help Center reaches out to distress... Most mortgage guarantors are tightening their lending standards to prevent a future subprime mortgage crisis, but many are still dealing with the effects of the current real estate collapse. In an eff...	Report shows more Americans planning to re-enter real e... Despite high unemployment rates and growing bankruptcy and foreclosure statistics, a new report shows that some Americans are still considering purchasing a home in the near future. The survey - condu...
Strong finances and perfect credit score no longer suff... The onset of the mortgage crisis and consequent recession have forced lenders to tighten their credit standards, making it more difficult and time-consuming for borrowers to secure financing. In addit...	Biggest mortgage defaulters are rich While the mortgage crisis may have started with the lower and middle class, that hasn't insulated the wealthy from the problem.


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CURRENT HOUSING MARKET NEWS: what is happening today.

CURRENT HOUSING MARKET NEWS: what is happening today.