Matt McClain
Matt McClain
(888)886-2606
Real Estate News
Monday, March 08, 2010

Despite the impact of the recession on the Golden State, Los Angeles appears to be weathering the storm.Jobs in Washington D.C. are growing quickly, and in 2008 the city produced more in goods and services than almost anywhere in the country.





Washington DC - Weather - Recession - United States - Washington
Monday, March 08, 2010

A home is offered for sale in Elgin, Ill., in May 2009. That area was hit hard by foreclosures and short sales.NYT: The Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.





Presidency of Barack Obama - New York Times - President - United States - Barack Obama
Thursday, March 04, 2010
The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states.


Business - Construction and Maintenance - Residential Housing - Real estate - Thomson Reuters
Thursday, March 04, 2010

Mortgages rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to run out.




Monday, March 01, 2010

Fort Bend County, an  upscale suburb west of downtown Houston, saw incomes grow 10 percent between 2007 and 2008. The county has also added 5,913 new jobs since the second quarter of 2007. Professional success often requires some degree of sacrifice. Surprisingly, one of those sacrifices might include moving to the outskirts of some big cities.





Forbes - Business - United States - Business and Economy - Business Services
Monday, March 01, 2010
The government is giving homeowners another year to refinance their loans under a little-used program designed to help borrowers whose homes have plummeted in value.


Loan - Refinancing - Government - Mortgage - United States
Monday, March 01, 2010
Construction spending fell for a third straight month, pulled down by a slump in private nonresidential spending and weak public construction, a government report showed.


Public school - Business - Construction and Maintenance - Consulting - Economic
Monday, March 01, 2010
It sounded like a great idea three months ago: Hand homeowners a $6,500 tax credit to find a new place to live, giving a thrust of energy to the housing market's recovery.


Real estate economics - Real estate - Business - Residential - Financial Services
Monday, March 01, 2010
Friday, February 26, 2010

A "Sold in 2 Days" sign is seen at a home for sale in Concord, N.H. Sales of previously occupied homes tumbled for the second straight month in January.Sales of previously occupied homes took a large drop for the second straight month in January. It was another sign the housing market's recovery is faltering.





U.S. Housing Market - Business - Real estate - Residential - Marketing and Advertising
Friday, February 26, 2010
Fannie Mae needs another $15 billion in federal assistance, bringing its total to more than $75 billion. And worse, the mortgage finance company warned its losses will continue this year.


Fannie Mae - Freddie Mac - Business - Thailand - Provinces
Friday, March 05, 2010

Why are the mansions of one of America’s richest women sitting vacant? Click to follow this photo narrative of the reclusive Huguette Clark and her father, William Andrews Clark, the "Paris millionaire senator." Where is Huguette Clark? And what will become of her fortune?Why are the mansions of one of America’s richest women sitting vacant? Click to follow this photo narrative of the reclusive Huguette Clark and her father, William Andrews Clark, the "Paris millionaire senator." Where is Huguette Clark? And what will become of her fortune?





United States - Wealth - Narrative - Government - Politics
Friday, February 26, 2010

Louisville, Kentucky’s, low foreclosure rate — only 1.15 percent of homes are in foreclosure, half the national average — illuminates it as one of the cities least affected by the dramatic housing market collapse of the past three years. Families in the market for a house are shopping at the right time: Nationally, homes are near the most affordable they've been in 18 years.





Pittsburgh - House - Real estate - Business - Residential
Wednesday, February 24, 2010
Sales of new homes plunged to a record low in January, underscoring the formidable challenges facing the housing industry as it tries to recover from the worst slump in decades.


Business - United States - Marketing and Advertising - Recreation - Picture Ratings
Tuesday, February 23, 2010
Home prices rose nationally for the seventh straight month in December as the U.S. housing market continues its bumpy road to recovery.


Real estate pricing - Real estate economics - United States - Real estate - Business
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