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Home Owner News Archive


Tips for the First-Time Real Estate Investor

Are you just starting to get into the world of real estate investing? As the economy continues to recover, real estate investing is again becoming a popular investment strategy, and for good reason. Real estate investment offers long-term financial security in ways that other investment strategies don’t. ...


What Do Home Buyers Really Want?

Many in the housing industry are wondering not only what today’s home buyers really want, but also what they are ready to leave behind in light of current economic realities. A new study recently released by NAHB, What Home ...


S&P/Case-Shiller: Home Prices Closed Out a Strong 2012

Data through December 2012, released this week by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed that all three headline composites ended the year with strong gains. The national composite posted ...


Hottest Market Sales Going for a Premium over List Price

How long has it been since you heard the words “sold at a premium over list price?” For the past six years, sales prices ended up somewhere south of list prices by at least five percent. Now, in the markets where the recovery is hottest, sellers are increasingly experiencing multiple ...


Housing Continues to Gain Ground

Although the economy seems to be transitioning to a slightly stronger growth path, unresolved fiscal policy decisions pose significant headwinds in early 2013, according to Fannie Mae's Economic & Strategic Research Group. Increased taxes and reduced government spending will keep growth ...


California Association of REALTORS® Launches Tool to Help Buyers Bridge Down Payment Gap

Regional spotlight--In an effort to provide California home buyers with up-to-date information about available home buyer assistance programs, the California Association of REALTORS® (C.A.R.) recently launched California Mortgage Resource Directory, a powerful search tool that identifies current mortgage programs in communities throughout the state. ...


Modular Homes Shed Cookie-Cutter Reputation

(MCT)—Factory-built homes might be shaking their low-end reputation, as climate-controlled home-building factories increasingly cater to high-end home buyers and investors with customized, amenity-filled homes. ...


Consumer Sentiment Revised Up, But Confidence Falls on Expectations of Lower Income

Indicators of consumer confidence were mixed in the first month of the new year. Thomson Reuters and the University of Michigan reported that its final estimate of consumer confidence, Consumer Sentiment, rose by 1.2 percent on a seasonally adjusted monthly basis in January to 73.8. The final reading was revised ...


Real Estate Q&A: Banks Cut Back on Lending for Co-Ops

(MCT)—QUESTION: I bought a co-op apartment unit in January 2010 with a conventional mortgage. I am trying to refinance it and have found that big banks are not willing to work with me. Can you please explain what’s happening here? ...


HUD Announces First Round of Allocations of Hurricane Sandy Recovery Funds

The Department of Housing and Urban Development recently allocated $5.4 billion in Community Development Block Grant (CDBG) Disaster Recovery funding to five states and New York City, representing the first round of CDBG grants from the Disaster Relief Appropriations Act of 2013 signed into law by President Obama on January ...


Real Estate Trends: From Trash to Treasure

From homes to cabins to dormitories—and everything in between—re-purposed shipping containers, or ISBUs (Intermodal Steel Building Units) are making their mark on the residential real estate sector, blurring the lines between two very distinct industries as one’s trash becomes the other’s ...


Innovative Home Products Poised to Hit Market

(MCT)—In the market for a hot-water-dispensing refrigerator? That was just one of the innovative and unusual products on display last month at the International Builders’ Show in Las Vegas. ...


Living Smart: The Time Is Right for Energy-Efficient Home Improvements

(MCT)—If you’re thinking about replacing your windows this year with more energy efficient options, Washington just upped the incentive to actually get the job done. ...


Nation’s Leading Brokers Vie for Top Ranking

As the real estate market quickens its pace toward recovery, brokerage firms from around the country are reporting increasingly positive numbers. Brokers will document their organization’s success by participating in RISMedia’s 25th Annual Power Broker Report & Survey, the industry’s preeminent ...


Federal Agencies Working to Make Homes Healthier

Several federal agencies recently unveiled Advancing Healthy Housing – A Strategy for Action. White House Council on Environmental Quality (CEQ) Chair Nancy Sutley, Environmental Protection Agency (EPA) Administrator Lisa P. Jackson, Secretary of Housing and Urban Development (HUD) Shaun Donovan, Surgeon General Regina Benjamin, M.D., and Deputy Secretary of Energy ...