Joe A. Mathew's (ajmathew) Blog

Real Estate Agent - Homes of Westchester, Inc. White Plains, NY 10605
I am a licensed real estate agent in Westchester County, NY but during the day I work full time for a marketing firm and we help small businesses around Westchester County New York. I work with some of the best contractors and local business around Westchester so if you ever need help or advice i...
Home mortgage rates fell again to a fresh 2011 low as a week of downbeat jobs data fueled concerns over a possible economic slowdown this year, according to the latest survey from Freddie Mac. The decline in fixed rates represented the eighth-straight weekly fall and comes after the Bureau of Lab...
Fewer Americans purchased previously occupied homes in April. Activity among first-time homebuyers increased and foreclosure sales declined, but those factors weren't enough to signal a recovery in the weak housing market. Sales of previously occupied homes fell 0.8 percent in April to a seasona...
U.S. homebuilders are concerned that the struggling housing market won't recover this year and some feel it may be getting worse. Builders' outlook for the industry in May was unchanged at 16, the National Association of Home Builders said Monday. It has been at that level for six of the past se...
By summer's end, buyers and sellers in some of the country's most upscale housing markets are slated to lose one their biggest benefactors: the deep pockets of the federal government. In this seaside community of pricey homes, the dread of yet another housing shock is already spreading. "We're lo...
New data just out from Zillow, the real-estate information company, show house prices are falling at their fastest rate since the Lehman collapse. Average home prices are down 8% from a year ago, 3% over the quarter, and are falling at about 1% every month, according to Zillow. And the percentag...
U.S. home values fell in the first quarter at the fastest rate since late 2008, real estate data firm Zillow said on Monday, suggesting that a bottom will not be seen until 2012 at the earliest. Zillow said its home value index fell 3 percent in the first three months of the year from the previou...
We're always looking at indicators to see where the housing market is headed, like today's reading of the Realtors' "Pending Home Sales Index,"  which measures contracts signed for home purchases, hence an indicator of future closings. We look at consumer confidence, construction permits, even em...
Pending home sales jumped 5.1% in March, according to a National Association of Realtors report released Thursday morning. An index that measures the number of contracts signed to buy previously owned homes in the U.S. jumped 5.1% in March month-over-month to a reading of 94.1, from a downwardly ...

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