Real Estate News from Around the Country

The Springs Summit Group Can Assist You With Homes For Sale in Colorado Springs
The Springs Summit Group Can Assist You With Homes For Sale in Colorado Springs
The Springs Summit Group Can Assist You With Homes For Sale in Colorado Springs
The Springs Summit Group Can Assist You With Homes For Sale in Colorado Springs
The Springs Summit Group Can Assist You With Homes For Sale in Colorado Springs
The Springs Summit Group Can Assist You With Homes For Sale in Colorado Springs

Enjoy and share this resource for real estate news gathered from around the country.  PLEASE NOTE:  Links will open a new window or tab, depending upon your settings.

JUNE 2013

MAY 2013

  • Rise in Home Prices Sets Seven-Year Record in March
    By Thomson Reuters, NBC - Tuesday, May 28, 2013
    "U.S. single-family home prices rose in March, racking up their best annual gain in nearly seven years in a further sign that the strengthening housing recovery is providing a source of support for the economy, a closely watched survey showed on Tuesday... " 
  • Wells, Citi Halt Most Foreclosure Sales as OCC Ratchets Up Scrutiny
    By Jeff Horwitz and Kate Berry, New York Times - Friday, May 17, 2013
    "Wells Fargo (WFC) and Citigroup (NYSE:C) have halted the vast majority of their foreclosure sales in multiple states following the release of new guidance by the Office of the Comptroller of the Currency... " 

APRIL 2013

MARCH 2013



  • The Year Everyone Was Wrong (Again) About Home Prices
    By Nick Timiraos, Wall Street Journal - Tuesday, January 22, 2013
    "The great thing about predictions is that, after some time has passed, it’s possible to see which ones were right, and which ones weren’t... "
  • Housing Recovery Will Surge Short Term, but Hurdles Remain
    By Christina Mlynski, Housing Wire - Monday, January 21, 2013
    "With existing home sales and property construction picking up over the past three years, all the positive momentum in housing is expected to continue, but headwinds still loom... "
  • 6 Surprising Ways Housing Recovered in 2012
    By BLAIRE BRIODY, The Fiscal Times - Monday, January 14, 2013
    "While the sluggish U.S. economy crept upward in 2012, the housing market improved at a much faster rate than anyone expected... "
  • Tips to Get a Mortgage With Little or No Money Down
    By Kirk Haverkamp, AOL News - Monday, January 14, 2013
    "With home prices and mortgage rates as low as they are, a lot of people are eyeing the opportunity to become first-time homebuyers... "
  • How to Keep Your Mortgage Approval Approved
    By Broderick Perkins, Realty Times - Monday, January 14, 2013
    "You know how tough it is to qualify for a mortgage.  Proof you've got a long-term job with ample income.  A credit score to the moon... "
  • 30% of U.S. Homeowners Are Mortgage-Free, Zillow Says
    By Teke Wiggin, AOL Real Estate - Thursday, January 10, 2013
    "Media coverage of the real estate market has focused so much on the mortgage woes of homeowners over the past five years, you might be excused for believing that only a small minority of homeowners actually, well, own their homes -- mortgage-free... "
  • Housing Inventory Steadily Declines in 2012
    By Megan Hopkins, Housing Wire - Wednesday, January 9, 2013
    "By December 2012, the number of homes on the market dropped 27% from the same month in 2011, according to Move to Real Estate data... "
  • Number of Improving Markets Spikes in January, Hits 242
    By Tory Barringer, DSNews - Tuesday, January 8, 2013
    "The National Association of Home Builders (NAHB)/ First American Improving Markets Index (IMI) continued its trend of marked monthly improvements in January, according to a release from the NAHB... "
  • 6 Tips for Buying a Fixer-Upper
    By Dian Hymer, Inman News - Monday, January 7, 2013
    "Several years ago, when the housing market was mired in the worst recession since the Great Depression, buyers shied away from houses that needed work... "
  • Rent To Own Homes:  How to Profit from a Lease Purchase
    By Brandon Turner, The Bigger Pockets Blog - Sunday, January 6, 2013
    "In some parts of the country – homes are selling like hotcakes, and multiple offers that are above the asking price are common... "
  • U.S. Continues to Add Jobs at Slow Pace, Report Shows
    By CATHERINE RAMPELL, The New York Times - Friday, January 4, 2013
    "Despite their concerns about looming tax increases and government spending cuts, American employers added 155,000 jobs in December, about apace with job growth over the last year, the Labor Department reported on Friday... "
  • Writing the ‘Hardship Letter’
    By LISA PREVOST, The New York Times - Thursday, January 3, 2013
    "Homeowners having trouble paying their mortgages may try to elicit sympathy from their lenders in long, emotional letters laden with woe... "
  • Home Mortgage Applications Grow in December:  Capital Economics
    By Housing Wire - Wednesday, January 2, 2013
    "The number of mortgage applications filed in the U.S. edged up 3% from November to December, according to Mortgage Bankers Association data cited by Capital Economics... "
  • Mortgage Industry Fares Well in Fiscal Cliff Deal, Debt Forgiveness Law Survives
    By Kerri Ann Panchuk, Housing Wire - Wednesday, January 2, 2013
    "The mortgage industry can breath a sigh of relief with the final fiscal cliff deal bringing back a popular tax break on mortgage insurance premiums and debt forgiveness for borrowers who go through a short-sale or some other type of debt reductions... "


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