Archive of: Real Estate

Issue

Title

US rate on 30-year mortgage rises to 3.71 pct. June Issue 2 2012

US rate on 30-year mortgage rises to 3.71 pct.

Average rates on fixed mortgages rose this week, the first increase in seven weeks. But mortgage rates remain near historic lows, boosting prospects for home sales this year.

Report: Fewer US homes foreclosed upon in April May Issue 2 2012

Report: Fewer US homes foreclosed upon in April

National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process.

$40M Seward Hwy. project tops summer work May Issue 2 2012

$40M Seward Hwy. project tops summer work

Alaska’s roads always need work, especially after a long winter.

March Issue 3 2012

US home re-sales complete best winter in 5 years

U.S. home sales are gradually coming back. A mild winter and a stronger job market have helped boost sales ahead of the crucial spring buying season.

February Issue 4 2012

Rising sales point to better year for housing

The housing market is flashing signs of health ahead of the spring-buying season. Sales of previously occupied homes are at their highest level since May 2010.

Busy construction season slated for 2012 February Issue 1 2012

Busy construction season slated for 2012

Alaska’s contractors are back in the upswing, according to the Associated General Contractors of Alaska.

Anchorage construction to see moderate growth in 2012 February Issue 1 2012

Anchorage construction to see moderate growth in 2012

Anchorage is in for some moderate construction growth next year, as predicted by ECI/Hyer Architecture and Interiors. Principal architect Brian Miessner recently addressed the 2012 forecast to BOMA Anchorage.

Obama proposes broader housing refinance plan January Issue 5 2012

Obama proposes broader housing refinance plan

President Barack Obama called on Congress Wednesday to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth. He conceded that his administration's housing plans have not lived up to their promise.

January Issue 5 2012

Foreclosures made up 20 pct. of home sales in 3Q

Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed.

January Issue 3 2012

$25B US mortgage deal goes to states

A draft settlement between the nation's major banks and U.S. states over deceptive foreclosure practices has been sent to state officials for review.