Home Buying 101 | RISMedia

Regional Spotlight – Florida’s Existing Home, Condo Sales Rise in 3Q 2009

RISMEDIA, November 14, 2009—Sales of existing single-family homes in Florida rose 33% in the third quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. A total of 44,345 existing homes sold statewide in 3Q 2009; during the same period the ...

Foreclosure Activity Slows for Third Straight Month

RISMEDIA, November 12, 2009—RealtyTrac one of the leading online marketplaces for foreclosure properties, released its October 2009 U.S. Foreclosure Market Report,

The First-Time Homebuyer Tax Credit – A Consumer’s Point of View

RISMEDIA, November 11, 2009—Like many first-time homebuyers across the country, Jen Bond and Matt Huisking were motivated to get off the sidelines

Understanding Home Owners Association Fees

“The Home Owners Association fee is too high!” RISMEDIA, November 10, 2009—That is one of the most common objections to purchasing real estate

Expanded Version of Tax Credit Will Allow More Homebuyers to Qualify

RISMEDIA, November 9, 2009—President Obama recently signed an expanded version of the $8,000 first-time homebuyer tax credit that was set to expire on November 30.

Home Buying 101: College Towns are Undiscovered, Affordable and Stable Markets for Homebuyers

RISMEDIA, December 7, 2009—Every fall, college football fans feel nostalgic for the tradition, lifestyle and spirit of their college towns as they cheer on their favorite teams.

5 Spaces to Consider When Creating a Flexible Home

RISMEDIA, December 7, 2009—The definition of family has expanded far beyond the traditional image of a married couple and 2.2 children, and daily lives are busier than ever. Understanding a family’s unique needs and lifestyle is important in helping them find a house that really feels like home. Flexibility may be the buzzword of the millennia. Flexible schedules, flexible work hours, flexible space—Americans are regaining control by rearranging the flow of their day-to-day lives. Very few of us lead cookie-cutter lives, so cookie-cutter home solutions

Senate Clears Homebuyer Tax Credit Extension; May Pass as Early as This Week

RISMEDIA, November 5, 2009—After two weeks of delay, the Senate cleared the way to pass a seven month extension and expansion of the tax credit for homebuyers. By an 85 to 2 roll call vote, the Senate voted to cut off debate on a package of measures that includes the homebuyer credit, making it virtually certain that the legislation will reach President Obama for his signature this week. The homebuyer tax credit, due to expire at the end of November

What Impact Will Homebuyer Tax Credit Extension Have on Housing Industry?

RISMEDIA, November 4, 2009—(MCT)—Congress is a step closer to extending the $8,000 first-time homebuyer tax credit and offering a new credit to other types of buyers, but some analysts are downplaying the controversial stimulus' effect on the housing market. In a recent interview, Fox-Pitt Kelton analyst Robert Stevenson said the Senate’s proposal for extending the $8,000 tax credit for new homebuyers will have a "limited impact" on home sales.

Coming Together to Rebuild and Restore – How Two Companies are Bringing Hope to America’s Home Buyers

RISMEDIA, November 3, 2009—We’ve heard a lot about the ‘perfect storm’ over the past year—appreciating home prices, plus loans gone bad, plus unemployment equals a devastating downturn for real estate. But there’s another perfect storm you should know about: distressed properties, plus a growing pool of buyers, plus HUD’s FHA 203k program equals increased homeownership and brand-new business for Realtors. To spread the word about 203k—an FHA loan that enables home buyers to purchase and renovate properties—

Pending Home Sales Rise for Record Eight Straight Months

RISMEDIA, November 3, 2009—Pending home sales rose again, marking eight consecutive monthly gains–the longest streak since measurement began in 2001,

Top 3 Real Estate Mortgage Scams: What You Need to Know

RISMEDIA, November 2, 2009—Being a homeowner is one of the biggest dreams for the American people. Due to record numbers of homeownership and cheap mortgage rates, individuals who did not own a home previously are now looking for mortgages for financing their ambitions. On certain occasions, the dream of homeownership is associated with a cost that exceeds the mortgage. For finding out how much your mortgage is going to cost you,

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