Idaho industry appointments update - 6/1/2007

May 31, 2007

Chase sponsors homeownership telenovelaMortgagePress.comHomeownership telenovela,nuestro barrio The first episode of a Spanish-language soap opera, or telenovela, was aired in the New York City/New Jersey and Sacramento/Stockton/Modesto, Calif. areas on June 1, with Chase as the exclusive sponsor in those markets. "Nuestro Barrio," which translates to "Our Neighborhood," combines dramatic storylines with educational messages on important financial issues, including money management, credit and homeownership. Chase will also be the exclusive sponsor when the show airs in the Los Angeles and San Francisco/Oakland/San Jose, Calif. areas on a yet-to-be-determined date. New York-based Chase is a home equity lender and subsidiary of JPMorgan Chase. For more information, visit www.chaseb2b.com.

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May 31, 2007

Analysis and Data

Home Sales Rise — Along With Prices And Inventory

February saw a 4.2% increase in home sales nationally, NAR data show

Existing-home sales rebounded in February, offering a glimmer of momentum in a housing market still grappling with affordability pressures and high mortgage rates. Sales rose 4.2% from January to a seasonally adjusted annual rate of 4.26 million, according to the latest data...

Analysis and Data

Half Of Renters Give Up On Buying

Nearly half of renters polled say they don't see homeownership as possible — ever

Nearly half of all renters responding to a new survey said the roadblocks in their way of buying a house — high prices, high loan costs, and a tight inventory of homes for sale — are just too great to overcome. Indeed, 48% of the 4,400 renters polled by NeighborWorks Amer...