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Home Owner News Archive


67 Percent of Consumers Plan Home Improvements in the Next Six Months: Survey

Nationally, 67 percent of consumers plan home renovations within the next six months, according to the latest realtor.com® Home Improvement Survey. ...


A New Challenge to HUD’s Reverse-Mortgage Program

(MCT)—The United States faces a retirement funds crisis: a rapidly growing number of people who retire without the financial capacity to support themselves during ever-increasing life spans. The Home Equity Conversion Mortgage (HECM) reverse-mortgage program, which allows older homeowners to convert some ...


Bipartisan Energy Codes Bill a Boon for Consumers

Bipartisan legislation introduced recently by Reps. Marsha Blackburn (R-Tenn.) and Kurt Schrader (D-Ore.) would help promote savings in commercial buildings and residential homes through the use of more cost-effective energy codes, which set energy efficiency baselines for buildings, according to the National ...


Costs to Incorporate Green Features

The cost to make a home green (energy efficiency, water and indoor quality, etc.) is higher than the cost of construction of other homes, and this differential may persist as more builders enter the green market. However, builder experience with green technique ...


The Dying Dining Room

The dining room isn’t what it used to be. ...


The Legal Ins and Outs of Buying a House with Someone

Many people consider buying a house together for many different reasons. Whether it is your first-time home or an investment property, buying a house together does have its perks. If done with care, this arrangement can be very beneficial in getting you a house that you may not have otherwise ...


Your Place: Though Home Sales Lag, Multiple Offers Are Common

(MCT)—I was talking with real estate agent Jane Wellbrock a few weeks back about the increasing number of multiple bids for what are, in most of the Philadelphia region, too few houses for sale. ...


What Is Sick House Syndrome, and What Causes It?

Sick House Syndrome occurs when a house can’t “breathe” and rid itself of indoor pollutants, resulting in poor indoor air quality – a “sick house.” Inadequate ventilation allows these pollutants to build up, causing potential health risks to the home’s occupants. Young ...


For Your Client: 7 Reasons to Use a Real Estate Agent

With millions of homes across the country being sold each year, and the increasing number of foreclosures and short sales, the process of selling your home has become more complex than ever before. ...


For Your Clients: How to Find the Best REALTOR®

There are good apples and bad apples in every bunch. The same can be said for myriad professionals who become involved when you are thinking of buying or selling a home. ...


New Home Purchase Applications Dip by 8 Percent in May

Mortgage applications in May 2014 decreased by 8 percent from April, according to recent information released by the Mortgage Bankers Association (MBA) Builder Application Survey. This change does not include any adjustment for typical seasonal patterns. ...


Adjustable-Rate Loans Can Be a Smart Risk

(MCT)—The Mortgage Bankers Association reports that only about 1 of every 10 home mortgages being written today carries an adjustable interest rate. A combination of negative press on adjustable-rate mortgages and a widespread belief that interest rates are bound to start rising ...


FHA Offers First-Time Homebuyers Discounted Loans for Taking Class

(MCT)—Home loans are about to go on the discount rack for first-time buyers willing to spend a few hours learning the ropes of homeownership, from applying for a mortgage to choosing a contractor for a kitchen remodel. ...


Spring-Summer Buying and Selling Season Yet to Bloom

Americans’ concerns about the direction of the economy and their household income appear to be weighing on housing growth, according to results from Fannie Mae’s May 2014 National Housing Survey. The share of respondents who believe the economy is headed in the ...


Equity Position of U.S. Households Improves

The Federal Reserve Board of Governors’ recently released statistics on the financial accounts of U.S. households. The release shows continued improvement in the financial position of U.S. households with real estate. If fact, the household real estate equity position improved ...


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