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Home Buying 101 Archive
RISMEDIA, January 29, 2010—While some of the "hottest" real estate markets in the country- those where homes are selling most above their list prices- continue to be distressed areas
RISMEDIA, January 28, 2010—(MCT)—New-home buyers responded to the tough times in 2009 by opting for smaller houses, driving down the average size of a house built in the United States for the first time in 27 years.
Data recently released by the National Association of Home Builders (NAHB) found the average size of a new home that was completed in 2009 fell to 2,480 square feet from 2,520 square feet in 2008. The last time the average completed-home size fell by a statistically significant amount was 1982.
RISMEDIA, January 28, 2010—The Home Buyer Tax Credit is a great program providing a tremendous stimulus for the real estate industry, but the impact of the tax credit is going to be
RISMEDIA, January 27, 2010—A survey of consumers and builders, conducted in 2009 by the National Association of Home Builders (NAHB) and the MetLife Mature Market Institute, has yielded a new round of data revealing the housing preferences of the 55+ consumer. This analysis of data–the third in a series–compared the preferences of the 55-to-64 year old age group to those of the 65+ group.
RISMEDIA, January 26, 2010—After a rising surge from September 2009 through November 2009, existing-home sales fell as expected in December after first-time buyers rushed
RISMEDIA, January 25, 2010—(MCT)—Americans want smaller houses and they are willing to strip some of yesterday's most popular rooms—such as home theaters—from them in order to accommodate changing lifestyles, consumer experts told audiences at the International Builders Show.
"This is a traumatic time in this country and the future isn't something we're 100% sure about now either. What's left? The answer for most home buyers is authenticity," said Heather McCune, director of marketing for Bassenian Lagoni Architects
RISMEDIA, January 22, 2010—Federal Housing Administration (FHA) Commissioner David Stevens announced a set of policy changes to strengthen the FHA's capital reserves,
RISMEDIA, January 22, 2010—When Maitland, Florida residents Sean and Catherine Woods found their “dream home,” they thought their search was over. Filled with what Sean Woods describes
RISMEDIA, January 21, 2010—(MCT)—In hopes of reviving one of the nation's hardest-hit condominium markets, the giant mortgage backer Fannie Mae is making it easier for people
RISMEDIA, January 19, 2010—In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan recently announced
RISMEDIA, January 15, 2010—Helping home buyers easily understand the home buyer tax credit is the goal of Better Homes and Gardens Rand Realty with the launch of its new
RISMEDIA, January 14, 2010—(MCT)—First came foreclosures, then short sales. Now we are seeing more half-finished homes for sale: bare-stud, bare-yard houses abandoned by their builders and left to languish on the market.
Purchasing a partially-built home is nothing new; during the housing boom, many new-home contracts were signed before even a slab had been poured. The difference now is that the builder might no longer be around to finish the job,
RISMEDIA, January 14, 2010—Trulia.com recently announced that 21% of homes currently on the market in the United States as of January 1, 2010 have experienced at least one price cut.
RISMEDIA, January 13, 2010—After nearly two decades of moving up and down the West Coast, as well as moving to—and back—from Asia, a Seattle real estate agent who was managing a home for public relations expert Mark Lamb recommended he get himself a Move Advocate.
So, Lamb took the advice and got in touch with the Scottsdale, Arizona-based company and made the acquaintance of Jan Mascheri, a 15-year moving coach. This was a move Lamb wished he’d made a few years earlier.
RISMEDIA, January 12, 2010—First-time buyers as well as move-up buyers across the country are entering the market at a rapid pace in order to take advantage of the extended and expanded tax credit. In this month’s Power Broker Roundtable, Lennox Scott and Jim Gillespie, two well-known industry leaders discuss how real estate professionals across the board can make the most of the extended and expanded home buyer tax credit.
