FHA Mortgage Applications Increase 31% in February

HousingWIRE - Jon Prior - Applications for FHA-insured mortgages climbed 31.1% in February, according to a report from the Federal Housing Administration (FHA). Read Article...

First Step to Listing Success

Realty Times - Dirk Zeller - The need for Agents to focus more on securing listings is at hand. It is impossible to become a great listing Agent without investing time in prospecting for listings and practicing your qualifying and presentation skills. Read Article...

What Will Labor Market Recovery Look Like?

Wall Street Journal - Justin Lahart - Will it be another jobless economic recovery, like after the last recession? Or will the labor market bounce back strongly, as it did after the downturns of the 1970s and 1980s? Read Article...

A Day of Real Estate Weirdness

inmanNEWS - Marlow Harris - Atlas Obscura is an online guide to wondrous, curious and bizarre sites across the globe. Its range is varied and global, and the site includes a section featuring strange and unusual homes and architecture in the U.S. Read Article...

Yearly House Price Decline Narrows to Less Than 1% in January

HousingWIRE - Austin Kilgore - National home prices were down less than 1% in January compared to one year earlier, and down 1.9% from the previous month, according to First American CoreLogic’s monthly home price index (HPI). Read Article...

For the First Time in a Year, Fewer Sellers Slash Asking Prices

Realty Times - Phoebe Chongchua - How times change. Trulia.com is reporting this month that nationally fewer sellers cut their listing price on their homes and in some markets that's even resulting in bidding wars on lower-end properties, according to Trulia's March 2010 Price Reduction Report. Rea...

ValueNation: Foreclosures as Comps?

National Mortgage Professional - Charlie W. Elli - We have all heard complaints concerning appraised values being lower than selling prices in today’s recessionary environment. The buyer wants to buy a property and the lender wants to make a loan, but the appraisal stands in the way. There are a l...

Largest UK Homebuilder Calls Bottom on Recession

HousingWIRE - Jacob Gafney - In announcing its final results for 2009, the Miller Group, the UK’s largest, privately-owned homebuilder and property developer said UK “housing and commercial property markets [are] past the worst,” in an accompanying statement. Read Article...

Supply of Foreclosed Homes on the Rise Again

Wall Street Journal - James R. Hagerty - The supply of foreclosed homes that banks need to sell is rising again, signaling further downward pressure on home prices in some parts of the U.S. Read Article...

Has the Home Buyer Tax Credit Extension Flopped?

Wall Street Journal - Nick Timiraos - Fannie Mae cut its home sales forecast for 2010, after the housing market faced a “setback” during the first quarter of the year. Read Article...

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Upcoming Live courses (ID: 1055)
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With the deadlines quickly approaching, MTI is holding approved courses in different formats. MTI Services Corporation is approved by the National Mortgage Licensing System and Registry (NMLS), Provider Number: 1400044. Classes are being offered in traditional live classroom environments and classroom equivalent, through a webinar-based platform. Obtain credit for the required 20 hours of education.

Selling & Financing with the New FHA
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Housing Indicators


Housing Indicator	Latest	Previous
Construction Spending (Jan)	-0.6%	-1.2%
NAHB Housing Market (mar)	15	17
Housing Starts (Feb)	575K	611K
Existing Home Sales (Jan)	5.05M	5.45M
New Home Sales (Jan)	309K	342K