NAMB West postponed until fall '07

Jun 08, 2006

SMR Financial introduces recession survival kitMortgagePress.comLuxury mortgage lending, SMR Financial Services In the face of rising interest rates, large-scale layoffs and a weak stock market, which it asserts are signs of an inevitable mortgage recession, SMR Financial Services has introduced the Mortgage Recession Survival Kit, a step-by-step program designed to help loan originators and brokers tap the "recession-proof" luxury home market. "The Mortgage Recession Survival can give you the tools you'll need to not only survive the mortgage recession, but learn how to earn commissions of more than $20,00 per deal in just seven days after putting the system to work," said Sean Reynolds, president of SMR Financial Services. SMR Financial Services is a luxury home lender based in San Clemente, Calif. For more information, call (800) 766-0665 or visit www.smrfinancial.com.

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Jun 08, 2006

Analysis and Data

Monthly, Yearly Jump In New Home Sales In March

The growth coincides with roughly a quarter of builders saying they cut prices last month.

Sales of newly built, single-family homes in March jumped 8.8% month-over-month, reaching a seasonally adjusted annual rate of 693,000 units compared to February's revised 637,000 units, according to data released jointly today by the U.S. Census Bureau and the Department of...

Analysis and Data

Home Price Growth Expected To Remain Stagnant

Redfin Home Price Index shows 0.6% growth month-over-month

Redfin’s latest Home Price Index (HPI) echoed the findings of other HPIs reflecting quarter-one data, with prices remaining on a slight incline across the U.S. Home prices climbed 0.6% nationally in March on a seasonally-adjusted basis, matching February’s 0.6% month-over...