April 2014

There are 3 blog entries for April 2014.

By Lorraine Woellert  Apr 28, 2014 8:21 AM MT

Contracts to purchase previously owned U.S. homes climbed in March by the most in almost three years, showing residential real estate was starting to stabilize entering the spring selling season.

The pending home sales index rose 3.4 percent, the most since May 2011 and the first gain in nine months, after a 0.5 percent drop in February that was smaller than initially reported, the National Association of Realtors said today in Washington. The median projection in a Bloomberg survey of economists called for a 1 percent increase. The gauge is 7.4 percent below a year earlier.

Housing demand has weakened since the middle of last year as rising prices and borrowing costs put ownership out of reach for

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By Les Christie  @CNNMoney March 21, 2014: 7:29 AM ET

"Borrowers with bad credit were shut out of the mortgage market after the housing bubble burst, but now a handful of small lenders are starting to offer subprime loans again.

Once synonymous with toxic, adjustable-rate mortgages -- like the "exploding ARMs" that led many homeowners to lose their homes to foreclosure during the housing bust -- subprime mortgages are once again being offered to borrowers who pose a higher credit risk, typically those with credit scores that fall below 640.

But this time around, the loans are much more costly. During the housing bubble, lenders were handing out subprime loans with cheap teaser rates and little or no down payments. Now, lenders are charging

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Published by The Steamboat Pilot & Today on Friday, April 11, 2014

By Michael Schrantz

Steamboat Springs — The numbers are in for the Steamboat real estate market’s first quarter of 2014, and while there were the same number of transactions as in 2013, the composition is markedly different a year later.

 “We kind of made up ground in March to where the numbers are actually similar to last year,” said Doug Labor, of Buyer’s Resource, referring to the slow start to 2014.

There were 173 transactions through the first three months of the year, according to Multiple Listing Service data from Labor.

 “Where the difference was we had a lot of forecloses last year still on the market,” he said.

In the first quarter of 2013, 36 of 173

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