Real Estate Veteran Reveals Five Trends to Watch in a Struggling Market !
Greg Rand, a 20-year real estate veteran and author of "Crash Boom," recently divulged five new trends in the struggling housing market. The secret to making sure your real estate doesn't turn into a money pit, he says, is to watch these trends so you can predict where prices will rise and where they won't. Rand contends that no matter how the markets change, no matter which way the winds shift, people will always need a place to live - an ideal that's been true of America since the first log cabin. http://ping.fm/QGUEq

Atlanta Real Estate

Conventional loans FHA loans Jumbo loans

30-year
4.5% 4.375% 4.875%

15-year
3.625% 4.0% 4.0%

5-year ARM
2.625% 3.25% 3.25%

Atlanta Real Estate
According to an analysis authored by a former chief economist of Freddie Mac and a real estate economics professor at University of Aberdeen, responsibility for the failure of Fannie Mae and Freddie Mac falls directly on regulators and indirectly on their political overseers. The two analysts argue that the U.S. government's involvement in housing finance nurtured the excessively risky loans that fueled the housing bubble of the last decade and resulted in the systemic collapse of the global financial system.
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770-886-9000

Atlanta Georgia Real Estate News Update
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Atlanta Real Estate, weekend Mortgage rates:

Loan type Conventional loans FHA loans Jumbo

30-year 4.375% 4.25% 4.625%

15-year 3.5% 3.5% 3.875%

5-year ARM 2.625% 3.25% 3.0%

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or visit www.markspain.com

More Distressed Sales and Fewer Delinquencies
The shadow inventory of repossessed and soon-to-be repossessed homes not yet visible to the market has been trimmed, according to CoreLogic. The company reports that as of April 2011, the industry's shadow supply fell to 1.7 million units, down from 1.9 million a year earlier. CoreLogic attributes the decline to fewer new delinquencies. Read More! http://ping.fm/ewFth

Analysts Don't Foresee Rise in Home Prices Until 2014
Markets across the country are in full-fledged correction mode. That combined with the prevalence of foreclosures has analysts at the research firm Capital Economics convinced that the double dip in home prices will continue throughout this year.Economics expects up to three million foreclosed homes to make their way to the market over the next few years. http://ping.fm/GyGEW

Atlanta Real Estate:
Stability Ahead as Distressed Property Prices Rise
Clear Capital sees signs of market stability as we move into the summer months. New data released Thursday by the company shows that U.S. home prices continue to fall, but the 2.3 percent drop recorded for three months ending in May-Read More
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Atlanta Georgia Real Estate Interest Rate Update
www.MarkSpain.com
Conventional- 30 yr 4.375%, 15yr 3.5%, 5-year ARM 2.625%
FHA loans- 30 yr 4.25%, 15yr 3.5%, 5-year ARM 3.25%
Jumbo loans- 30 yr- 4.75%, 15 yr 3.875%, 5-year ARM 3.0%

Atlanta Weekend Mortgage Rates:
Loan type Conventional loans FHA loans Jumbo loans

30-year 4.375% 4.25% 4.75%

15-year 3.5% 3.5% 3.875%

5-year ARM 2.625% 3.25% 3.0%

www.markspain.com 770-886-9000
Delinquencies Retreat in May After Record-Setting April
Deliquent Loans held in commercial mortgage-backed securities (CMBS) fell slightly in May from the new record high set the month before, according to Trepp LLC. The research firm says the percentage of CMBS loans 30 or more days delinquent, in foreclosure, or REO has fallen back 5 basis points to 9.60 percent.

Atlanta Georgia Real Estate Interest Rate Update
www.MarkSpain.com
Conventional: 30yr-4.375%, 15yr-3.75%, 5yr ARM-2.75%
FHA: 30yr-4.375%, 15yr-4.0%, 5yr ARM-3.25%
Jumbo Loans- 30yr-4.75%, 15yr-4.125%
5yr ARM-3.25%