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Home Owner News Archive


RE/MAX Announces Closing of Its Initial Public Offering

RE/MAX Holdings, Inc. has completed its initial public offering of 11,500,000 shares of Class A common stock at $22.00 per share, including the full exercise of the option to purchase 1,500,000 additional shares granted to the underwriters. The Company’s Class A common stock began trading on the New York Stock ...


Ask the Expert: How Do I Know If My Contracted Home Has Appliance Problems?

Today's Ask the Expert column features Robert Allender, owner of Pillar to Post Home Inspections in Woodbury, Minn. ...


Rebound Continues: Housing Markets Back to Normal in 52 Metros

Housing markets in 52 out of the approximately 350 metro areas nationwide have now returned to or exceeded their pre-recessionary levels of activity, according to the newly minted National Association of Home Builders/First American Leading Markets Index (LMI), released recently. ...


Real Estate Q&A: Loan Modification Based on What You Still Owe

(MCT)—QUESTION: I paid my 15-year mortgage for eight years before I suffered a hardship and had to stop making payments. I am trying to get a loan modification and want to know what happens to the equity in my home. And is the modification done on the original loan amount ...


How Buyers Can Stand Out in a Multiple-Offer Market

A Beverly Hills home listed at $2.5 million and sold within 10 days at $100,000 over asking price with multiple-offers. A bank real estate-owned property listed at $4.9 million and received 21 offers—some were $250,000 over asking price. Far from exceptional, ...


For Sale: Kurt Cobain’s Childhood Home, Nirvana Nostalgia, Bad Carpet

(MCT)--Got more money than you know what to do with? A terminal case of Nirvana nostalgia? A fondness for dingy carpet? Then you’ll be happy to know Kurt Cobain’s childhood house is for sale. ...


Coldwell Banker Previews International Survey Shows More Young Money Entering the Luxury Real Estate Market

A new survey by Coldwell Banker Previews International® and the Luxury Institute finds that wealthy younger buyers are driving the luxury real estate market, and they are willing to pay more than similar wealthy buyers age 55 ...


Great Spaces: Scarlett Sells Condo for Half a Million

Actress Scarlett Johansson, of “Lost in Translation” and “The Avengers,” recently sold her Hollywood condo for $470,000. The two-bedroom unit spans 1,148 square feet, and the building includes a doorman, swimming pool and ...


All Top 100 Markets Gained in Homes.com July Data

Utilizing home pricing data for the period ending July 2013, the Homes.com Price Index showed gains for single-family properties in all 100 markets, up from 87 in the previous reporting period. ...


Sources of New Home Sales Financing

While the sources of finance for new home sales have changed noticeably since the start of the Great Recession, cash sales remain more common for existing homes compared to new construction. ...


August Existing-Home Sales Rise, Limited Inventory Continues to Push Prices

Existing-home sales increased in August and reached the highest level in six-and-a-half years, while the median price shows nine consecutive months of double-digit, year-over-year increases, according to the National Association of REALTORS®. ...


Homebuyers Keep the New York State Housing Market Hot

REGIONAL SPOTLIGHT– Robust buyer activity continued to drive the summer housing market across New York State during August with gains being posted in closed sales, median price and pending sales, according to a housing market report released recently by the New York State Association of REALTORS®. ...


Great Spaces: An Inside Look at a Wowing Connecticut Custom Contemporary

Hidden in the quaint town of Easton, Conn., sits this unique custom-built contemporary, designed by architect John Newman and inspired by Frank Lloyd Wright’s “Fallingwater” home. Just a little over an hour away from New York City, this six-bedroom, nine-and-a-half-bathroom home ...


RE/MAX Asks Consumer to Share “My Perfect Fit”

This week, RE/MAX kicks off its new social media campaign, “My Perfect Fit.” Inspired by the RE/MAX national ad campaign For All the Things That Move You®, consumers are asked to embrace the art of storytelling by sharing what makes their home the “perfect fit,” with a chance to win ...


Cash for Homes: Policy Implications of an Investor-Led Housing Recovery

Across the country, investors are taking advantage of the nation’s foreclosure crisis to purchase homes at bargain prices, often beating out potential homeowners who remain sidelined. In July, cash-on-hand investors bought about 55 percent of the homes sold in Las Vegas and numerous properties in other major metropolitan areas such ...


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