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Brent Rasmussen
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Office: 800-519-1870
Cell: 402-578-0008
brent@mtg-specialists.com

8420 W Dodge Rd, Ste 113
Omaha, NE 68114
www.mtg-specialists.com

Consumer Sentiment Rises in January for Fifth Monthly Gain

January 30th, 2012

A measure of consumer sentiment rose in January for the fifth straight monthly gain, according to data released Friday, as job gains helped put worries about U.S. government finances in the background.

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Existing Home Sales Rose 5% in December

January 23rd, 2012

Home sales rose in December to the highest pace in nearly a year. The gain coincides with other signs that show the troubled housing market improved at the end of last year. The National Association of Realtors said Friday that sales increased 5 percent last month to a seasonally adjusted annual rate of 4.61 million, the best level since January 2011 and the third straight monthly increase.

Tags: Home Sales, NAR, NE
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Foreclosure Filings Hit 4 Year Low

January 17th, 2012

The number of U.S. homes that received a foreclosure filing fell to a four-year low in 2011 as a slowdown in processing hit the market, RealtyTrac said in a report on Thursday.

Tags: foreclosure, NE, Omaha
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Jobs Data Points the way to Stronger Housing

January 9th, 2012

Real Estate used to be about location, location, location. Now it is most certainly about jobs, jobs, jobs.

Tags: Homes, Jobs, Mortgage, Omaha
Posted in Home Sales, Jobs | No Comments »

Pending Home Sales Hit 19 Month High

January 3rd, 2012

The number of Americans who signed contracts to buy homes in November rose to the highest level in a year and a half. The best reading on pending homes sales since a federal home-buying tax credit expired appeared to encourage traders on Wall Street. The Realtors group said Thursday that its index of sales agreements jumped 7.3 percent last month to a reading of 100.1. A reading of 100 is considered healthy. The last time the index was that high was in April 2010, one month before the tax credit expired.

Tags: Homes, Mortgage, Omaha, Wall Street
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New Home Sales Continue To Rise

December 28th, 2011

Investors cheered yet another U.S. report showing signs of improvement in the housing market. The Commerce Department report showed US new home sales rose for the third straight month in row, increased by 1.6% to a seasonally adjusted annual rate of 315,000 from October..

Tags: Housing Market, Nebraska, New Homes, Omaha
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Job Claims, Factory Data Suggest Recovery Picking Up Steam

December 19th, 2011

Government reports on weekly jobless claims, manufacturing activity and inflation offered fresh evidence the U.S. economic recovery is picking up steam. New U.S. claims for unemployment benefits dropped to a 3 1/2 year low last week, a government report showed on Thursday, suggesting the labor market recovery was gaining speed. Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 366,000, the Labor Department said. That was the lowest level since May 2008.

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Housing Industry Rebound

December 12th, 2011

After half a decade of withering sales and slumping prices, there are strong and diverse signs that the single-family housing market is poised for a rebound. In some metropolitan areas, the market has bottomed, with both sales and prices on the rise and foreclosures on the decline. This contrarian — and largely overlooked — thesis flies in the face of the persistent gloom that has nagged the industry since 2007, when the subprime crisis flared.

Tags: housing, Jobs, NE, Omaha
Posted in Home Sales, Unemployment | No Comments »

Pending Home Sales Pop

December 5th, 2011

Potential home buyers came out of the woodwork in October, signing contracts to buy existing homes at a higher-than expected pace. Pending home sales jumped 10.4 percent compared to September, according to the National Association of Realtors, with the biggest gains in the Midwest, up 24 percent. The Northeast also saw sizeable gains, as did the South. Only out West did buyers stay on the sidelines, with pending home sales there basically flat month to month.

Tags: Home Sales, Midwest, NAR, Omaha
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New Home Sales Rise – Fastest Pace in Five Months

November 28th, 2011

New single-family home sales rose in October and the supply of homes on the market fell to its lowest level since April of last year, showing some healing in the housing sector. The Commerce Department reported on Monday that sales edged up 1.3 percent to a seasonally adjusted 307,000-unit annual rate, which was the fastest pace in five months.

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Mortgage Specialists, LLC
8420 W. Dodge Rd, Suite 113, Omaha NE, 68114
Phone: 800-519-1870
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