Market Updates
November 27th, 2011
The square feet of new homes is expected to continue its decline in future years. The National Association of Home Builders predicts that U.S. houses will average 2,152 square feet in 2015, which will be down...Read More »
The square feet of new homes is expected to continue its decline in future years. The National Association of Home Builders predicts that U.S. houses will average 2,152 square feet in 2015, which will be down...Read More »
November 27th, 2011
As of Jan. 1, Freddie Mac will require parties involved in a short sale to sign affidavits that will make them liable for any negligent or intentional misrepresentations in the transaction, HousingWire reports. Mortgage servicers are...Read More »
As of Jan. 1, Freddie Mac will require parties involved in a short sale to sign affidavits that will make them liable for any negligent or intentional misrepresentations in the transaction, HousingWire reports. Mortgage servicers are...Read More »
November 26th, 2011
Financial analysis firm 24/7 Wall St. has identified the housing markets expected to offer some of the biggest discounts for home buyers. Many of these markets have been plagued with large gluts of foreclosures that have...Read More »
Financial analysis firm 24/7 Wall St. has identified the housing markets expected to offer some of the biggest discounts for home buyers. Many of these markets have been plagued with large gluts of foreclosures that have...Read More »
November 26th, 2011
Immigrants are expected to make up a large number of the future home buyers of America in the coming decades, according to a new report, “Assimilation Tomorrow: How America’s Immigrants Will Integrate by 2030” by the...Read More »
Immigrants are expected to make up a large number of the future home buyers of America in the coming decades, according to a new report, “Assimilation Tomorrow: How America’s Immigrants Will Integrate by 2030” by the...Read More »
November 25th, 2011
A growing number of real estate professionals are finding pets left behind in vacant homes after families have moved on. Pets are being increasingly left behind in homes for any number of reasons, not just in...Read More »
A growing number of real estate professionals are finding pets left behind in vacant homes after families have moved on. Pets are being increasingly left behind in homes for any number of reasons, not just in...Read More »
November 25th, 2011
This week, the federal government released more details about its revamped Home Affordable Refinance Program, which sets out to allow more home owners to refinance their mortgage and take advantage of ultra-low rates. The program is...Read More »
This week, the federal government released more details about its revamped Home Affordable Refinance Program, which sets out to allow more home owners to refinance their mortgage and take advantage of ultra-low rates. The program is...Read More »
November 23rd, 2011
Some college students are trading in cramped dorm rooms for ultra-large luxury McMansions, complete with Jacuzzis, grand great rooms, five-bedrooms, chandeliers, and three-car garages. For example, in Merced, Calif., which has been hard-hit by the foreclosure...Read More »
Some college students are trading in cramped dorm rooms for ultra-large luxury McMansions, complete with Jacuzzis, grand great rooms, five-bedrooms, chandeliers, and three-car garages. For example, in Merced, Calif., which has been hard-hit by the foreclosure...Read More »
November 23rd, 2011
The Census Bureau reports that not even 12 percent of the U.S. population relocated over the last year, down from more than 20 percent in 1985 and marking the lowest level since 1948. Part of the...Read More »
The Census Bureau reports that not even 12 percent of the U.S. population relocated over the last year, down from more than 20 percent in 1985 and marking the lowest level since 1948. Part of the...Read More »
November 23rd, 2011
Hard to believe this Thursday is Thanksgiving and the start of our Holiday celebration. It feels good to approach such a time that invites us to take pause and focus on what is good in our...Read More »
Hard to believe this Thursday is Thanksgiving and the start of our Holiday celebration. It feels good to approach such a time that invites us to take pause and focus on what is good in our...Read More »
November 23rd, 2011
There are several government reports out now stating that most homeowners who lose their home to foreclosure never contact the bank to determine whether they can work something out with them, despite the ubiquitous government, bank...Read More »
There are several government reports out now stating that most homeowners who lose their home to foreclosure never contact the bank to determine whether they can work something out with them, despite the ubiquitous government, bank...Read More »
November 22nd, 2011
In several markets, Bank of America is reporting that it has picked up its pace in moving through its inventory of foreclosed homes faster than it has in the past, The Wall Street Journal reports. Brian...Read More »
In several markets, Bank of America is reporting that it has picked up its pace in moving through its inventory of foreclosed homes faster than it has in the past, The Wall Street Journal reports. Brian...Read More »
November 22nd, 2011
Foreclosed homes left standing empty are increasingly becoming overtaken and turned into marijuana farms inside. The problem has particularly surfaced in Las Vegas. For example, at one foreclosed home in Las Vegas, police seized 878 marijuana...Read More »
Foreclosed homes left standing empty are increasingly becoming overtaken and turned into marijuana farms inside. The problem has particularly surfaced in Las Vegas. For example, at one foreclosed home in Las Vegas, police seized 878 marijuana...Read More »
November 22nd, 2011
We’re getting close to the end of the year, which begs the question of whether it’s worthwhile trying to sell your home now. Is it a waste of time? Will it sit on the market and...Read More »
We’re getting close to the end of the year, which begs the question of whether it’s worthwhile trying to sell your home now. Is it a waste of time? Will it sit on the market and...Read More »
November 21st, 2011
Buyers have a lot to lose if they cancel deal. A lease-to-own house purchase (also “rent-to-own purchase” or “lease purchase”) is a lease combined with an option to purchase the property within a specified period, usually...Read More »
Buyers have a lot to lose if they cancel deal. A lease-to-own house purchase (also “rent-to-own purchase” or “lease purchase”) is a lease combined with an option to purchase the property within a specified period, usually...Read More »
November 21st, 2011
Q: I experienced a hardship two years ago and had to sell my house via short sale. I am now ready to purchase a home but heard I would have to wait another year because of...Read More »
Q: I experienced a hardship two years ago and had to sell my house via short sale. I am now ready to purchase a home but heard I would have to wait another year because of...Read More »
November 16th, 2011
Freddie Mac has sold a record number of single-family REO homes in the first nine months of 2011, and the homes are selling for an average of 94 percent of market value, Tracey Mooney, Freddie Mac’s...Read More »
Freddie Mac has sold a record number of single-family REO homes in the first nine months of 2011, and the homes are selling for an average of 94 percent of market value, Tracey Mooney, Freddie Mac’s...Read More »
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