Federal Reserve says housing market is improving

Friday, July 31st, 2009

While residential real estate remains weak overall, many local markets are showing signs of improvement, according to the Federal Reserve’s Commentary on Current Economic Conditions, also known as the Beige Book. Sales volume is up, especially in the Fed’s Minneapolis and San Francisco districts, and with the exception of the St. Louis district, sales declines […]

Foreclosure listings fall to 5-month low in Central Texas

Friday, July 17th, 2009

Postings remain higher than in ’08, but drop is welcome, analysts say. AMERICAN-STATESMAN STAFF Friday, July 17, 2009 Residential foreclosures for the Aug. 4 auction are at a five-month low in Central Texas, reflecting a trend in other parts of Texas, according to data from Foreclosure Listing Service Inc. On Thursday, experts cautioned against reading […]

Thursday, July 16th, 2009

REALTORS® SAY HOUSING INCENTIVES HELP ECONOMY, SMALL BUSINESSES Washington, July 15, 2009 Having a sound and well-functioning real estate sector is critical to our country’s economic growth and development, as well as the growth and sustainability of many small businesses, according to the National Association of Realtors®. In testimony on Capitol Hill before the House […]