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Home Buying 101 Archive


High-End Housing Markets Home to Biggest Bargains in 2010, According to ZipRealty Home Hunter Report

RISMEDIA, April 23, 2010—High-end housing markets were home to the biggest bargains for buyers in the first quarter of this year, according to a Home Hunter Report released by ZipRealty, one of the nation’s leading online-based real estate brokerages. ...


Builders Pin Hopes on Tax Credit Rush as Clock Continues to Tick

RISMEDIA, April 22, 2010—(MCT)—Builder Marshal Granor is hoping this will be a banner month for home sales. In fact, an eight-foot-long banner announcing Granor Price Homes' "Let's Make a Deal Weekend" will greet prospective buyers at its developments on two ...


More Than 80 Percent of First-Time Home Buyers Believe Now Is a Good Time to Buy a Home

RISMEDIA, April 22, 2010—Century 21 Real Estate LLC, the franchisor of one of the world’s largest residential real estate sales organizations, announced the results of its First-Time Home Buyers and Sellers Survey, which captured and compared the opinions of prospective ...


4 Things First-Time Home Buyers Need to Know about Home Inspections

RISMEDIA, April 21, 2010— A professional home inspection can not only provide a great education about the home's systems, but also be a crucial tool in negotiating the most equitable price on the home, according to HouseMaster, one of the ...


How Shopping for Title Insurance Can Help You Be More Successful

RISMEDIA, April 21, 2010—In the current real estate market, you need every tool available to get would-be clients to sign on the dotted line. Home buyers may be waiting for real estate prices to bottom out so they can purchase more home for their money. ...


Housing Starts Maintain Upward Trend in March 2010

RISMEDIA, April 20, 2010—(MCT)—Fresh data on new construction of U.S. housing units revealed an upward trend in place since the beginning of the year, with an initial report of February 2010 weakness revised away. ...


Expiring Tax Credit Has Buyers Rushing to Sign Dotted Line

RISMEDIA, April 19, 2010—(MCT)—Latasha Hall never envisioned herself a homeowner. But by the end of the month, she will be. Just in time. ...


New Nationwide Survey Provides Comprehensive Look at Sentiment Toward Housing

RISMEDIA, April 14, 2010—A new national survey gauging attitudes toward housing finds that two-thirds of Americans (65%) still prefer owning a home, despite the challenging economic environment and the housing downturn. The Fannie Mae National Housing Survey, conducted between December 2009 and January 2010, polled homeowners and renters to assess ...


First-Time and Move-Up Tax Credits Require Paper Trail When Filing Taxes

RISMEDIA, April 10, 2010—(MCT)—Living in a world of tax apps for iPhones and e-filing of tax returns, you do a double-take after finding out that the Internal Revenue Service wants paper from taxpayers filing for a home buyer credit. ...


203k Funds Ensure Safe Homes; Give Homeowners Peace of Mind

RISMEDIA, April 8, 2010—For many home buyers who use the government’s 203k program to renovate a home, the emphasis may be on flooring, kitchen/bath renovations or fencing. However, for one Florida home buyer, his concern was a bit more serious—ensuring ...


Regional Spotlight: Activity in Manhattan Continues to Improve; Prices Remain Down but Show Steady Gains

RISMEDIA, April 7, 2010—According to the first quarter market report recently released by Brown Harris Stevens, the average apartment price of $1,369,883 was up slightly from last quarter but down 9% from the previous year in Manhattan. The total number of closings recorded this quarter was up 92% when compared ...


Revamped Good Faith Estimate Criticized as Impeding New Mortgages

RISMEDIA, April 5, 2010—(MCT)—If you're a prospective home buyer exploring real estate this spring, there's plenty to learn about, from bank-owned properties to the strict criteria for getting a mortgage these days. And now the federal government has added something ...


Home Prices Increase Slightly in January 2010

RISMEDIA, April 1, 2010—(MCT)—A national index of home prices rose unexpectedly in January 2010, with California cities posting strong gains, but some experts warned that the nation's struggling housing market could be headed for another dip. ...


C.A.R. Reports February 2010 Median Price Increased 14.1 Percent; Home Sales Decreased 11.7 Percent

RISMEDIA, March 30, 2010—Home sales decreased 11.7% in February 2010 in California compared with the same period a year ago, while the median price of an existing home rose 14.1%, the California Association of Realtors® (C.A.R.) recently reported. ...


Top 4 Questions Home Buyers Have About the Tax Credit

RISMEDIA, March 29, 2010—As the April 15 deadline to file 2009 federal tax returns approaches, the National Association of Home Builders (NAHB) is providing answers to some of the questions home buyers are most frequently asking about the home buyer ...