Park Meadows Blog

Existing-home sales rose in April with strong buyer activity in lower price ranges, according to the National Association of Realtors®.

The general economic downturn, complicated by a severe credit crunch in commercial real estate, is dampening commercial real estate activity.

Limited availability and unusually high interest rates in the jumbo loan market are adversely affecting the rest of the housing market.

National Association of Realtors® President Charles McMillan encouraged those gathered at the “59 and ½ Minutes: A Member-Director Forum” to continue a dialogue toward finding solutions to today

Shaun Donovan, Secretary of the Department of Housing and Urban Development, said the FHA will permit its lenders to allow homeowners to use the $8,000 tax credit as a down payment.