Auburn, AL Real Estate News

San Francisco - Tens of thousands of California families could benefit from affordable government-insured mortgages under a plan to be announced shortly that will temporarily increase home loan limits, U.S. Department of Housing and Urban Development Secretary Alphonso Jackson said today. Highlig... 03/08/2008

Half of the respondents have already moved back to New Orleans. Currently, there are 1,824 families living in a combination of rehabilitated and newly-constructed public housing units in New Orleans. There are another 253 units available for lease and another 790 units under repair. Former reside... 03/08/2008

A significant majority of public housing residents displaced by Hurricane Katrina do not want to return to public housing in New Orleans, according to an independent survey commissioned by the Housing Authority of New Orleans (HANO). Conducted by the University of Texas at Arlington (UTA), the re... 03/08/2008

Friday's bond market opened is trading in positive territory after this morning's employment figures added more fuel to the economic recession debate. The stock markets opened in negative territory before moving into positive ground. However, those gains were short-lived as the major indexes are ... 03/07/2008

FHA Mortgage Limits List - FHA Forward Message:   MORTGAGE LIMITS SUCCESSFULLY COMPLETED Mortgage maximums as of Friday March 07, 2008(1 records were selected, 1 records displayed.) MSA Name MSA Code Division County Name CountyCodeStateOne-FamilyTwo-FamilyThree-FamilyFour-FamilyLast RevisedAUBURN... 03/07/2008

The Federal Reserve on Thursday announced that, in 2007, American ownership in their homes as measured by equity fell below 50 percent for the first time since records were first kept in 1945.During the 2nd quarter of 2007 the central bank reported that homeowners' equity slipped to a downwardly ... 03/07/2008

Tuesday's bond market has opened relatively flat with no relevant economic news scheduled for release today. The stock markets showing losses with the Dow down 150 points and Nasdaq down 26 points. The bond market is currently up 4/32, but we will likely still see an increase in this morning's mo... 03/04/2008

Freddie Mac and Fannie Mae may have gotten good news from their regulator which lifted the corporations' portfolio caps, but their earnings reports for the year just ended were pretty devastating.Fannie Mae released its 2007 earnings on Wednesday and Freddie Mac followed suit on Thursday morning.... 03/02/2008

The Office of Federal Housing Enterprise Oversight (OFHEO) announced Wednesday that it would be lifting the caps it had imposed several years ago to limit growth of Freddie Mac's and Fannie Mae's owned portfolios.The caps had been instituted after both of the huge government sponsored enterprises... 03/02/2008

PAUMEanyone? Did you know that paume, the French work for palm, was a court* game in 12th century France, whereby a ball was volleyed back and forth, using the palm of the hand? As the game grew in polularity, so did the name, which became jeu de paume, and rackets were introduced. This game, beg... 03/02/2008

The foreclosure process varies in every state and it's imperative that homeowners understand this process. One this is for sure, time is NOT on your side. But, an educated consumer is always an informed consumer who can make a "good" decision based on facts. Learn everything you can because this ... 03/01/2008

As Auburn continues to grow its population and expand its city limits, the north section is seeing a good measure of exciting developments. 2007 saw the long-awaited completion of Richland Road (August), whereby a narrow, low access road was transformed into a 35-foot wide city street, with curbs... 03/01/2008

My son has been enrolled at the Auburn Academy of Martial Arts for a few months now. Wow! What an improvement. You can see the confidence in his face, his walk, his talk, and his general persona. It is a Tae Kwon Do school which is a Korean form of karate. I love this logo!Tae kwon do is more on ... 02/28/2008

Monday's bond market has opened in negative territory following early stock gains and stronger than expected housing news. The Dow is currently up 94 points while the Nasdaq has gained 15 points. The bond market is currently down 18/32, which will likely push this morning's mortgage rates higher... 02/27/2008

The JULE COLLINS SMITH MUSEUM opened in Auburn in 2003. The modern architectural style proclaims a 40,000 square foot building. I get motivated to visit because I also like their gift shop and delicious menu and urban ambiance at the cafe, seating you alongside a wall of windows, bordering the te... 02/22/2008

Great news for those traveling from the Auburn - Opelika area by plane.  Plans have started to make dramatic improvements to the Auburn - Opelika Robert G. Pitts airport. The terminal was built in 1950, and is  currently experiencing peeling paint and chronic leaks. "We've got great use out of it... 02/21/2008

There are only three economic reports worth watching this week that are likely to affect mortgage rates. Two of them are scheduled for release the same day, meaning we may see a relatively calm week for mortgage rates. The financial markets are closed tomorrow in observance of the President's Day... 02/18/2008

Just wanted to share the following information with parents of school aged children.  The Jule Collins Smith Museum offers tours for school groups.  For those interested, please email the museum at JCSMtours@auburn.edu or call the tour scheduler at (334) 844-3486.  I have taken my daughter to as ... 02/16/2008

Call me for more info or to set up a free consultation for a beautiful, customized home in Auburn. The is something new and very exciting in Auburn. Let me tell you about the development and the master plan. This is where I want to be living! (c) Copyright of photos and content, 2008. Mara Hawks,... 02/14/2008

The letter, issued Wednesday, reiterates concerns about the terms of the deal that the Cayman Island-based hedge fund expressed Feb. 1. Run by former UBS trader Jon Wood, SRM claims that the book value for Countrywide, as of December, was around $20 a share. In January, Bank of America agreed to ... 02/14/2008