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Home Owner News Archive


Millennials Fueling New-Home Building Uptick

As the housing recovery presses onward, a new generation of buyers is leading the way: millennials. Not only is this younger generation full of fresh enthusiasm for homeownership, but they have a fresh idea of what their homes should look like, ...


Fannie Mae Takes Additional Steps to Streamline Short Sale Process

Fannie Mae recently introduced a new tool to help real estate professionals successfully close short sales. Listing agents are now asked to register accepted short sale offers with Fannie Mae to provide greater transparency into the process and allow Fannie Mae to proactively work with the mortgage servicer to finalize ...


78 Percent of Key Ethnic Groups Consider Homeownership Biggest Indicator of Status

Just-Released Survey Confirms Diversity Critical to Future Real Estate Success ...


5 Tips to Prepare Your Home for a Successful Sale

Want to sell your home quickly and for the best price? Making some small improvements can give buyers the best first impression and make a world of difference when selling your home. ...


HUD and VA Team up: Provide Homes to 9,000 Homeless Vets

Approximately 9,000 homeless veterans living on the streets and in the nation’s shelter system will soon find a permanent place to call home. U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan and U.S. Department of Veterans Affairs (VA) Secretary Eric K. Shinseki announced recently that HUD will provide $60 ...


The Future of Mortgages

The current trend in real estate has been quite positive. For an extended period of time, we have seen pretty consistent growth in sales and home prices. After years of dealing with poor market conditions, we are all breathing a sigh ...


Your Place: Tools and Techniques for Cleaning Your Deck

(MCT)—I was looking at my home's back steps, constructed of pressure-treated wood, and decided it was time for the annual get-rid-of-the-mildew-and-seal-them program. ...


Builder Confidence Improves in May

Builder confidence in the market for newly built, single-family homes improved three points to a 44 reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for May, released recently. This gain, from a downwardly ...


Freddie Mac Announces Immediate Availability of Streamlined Modification for Delinquent Borrowers

Freddie Mac recently announced it is making its new Streamlined Modification program immediately available to all eligible borrowers nationwide in order to expedite financial relief for potentially thousands of distressed families. Freddie Mac's Streamlined Modification program had originally been scheduled to ...


Drastic Drop in Mass. Foreclosure Activity in March

Regional Spotlight—A significant decline in Massachusetts foreclosures during the month of March indicates the foreclosure crisis is over, according to an article in Monday's issue of Banker & Tradesman. ...


Seventy-one Percent Still Say It’s a Good Time to Buy

Home prices are rising at double digit rates. Inventories are at historic lows. Two out of five applicants for a purchase mortgage are rejected. Yet nearly three quarters of Americans say it’s a good time to buy a home. ...


Clear Capital: April’s Stable Home Prices Reflect the New Normal

Clear Capital®, a provider of data and solutions for real estate asset valuation and collateral risk assessment, has released its Home Data Index™ (HDI) Market Report with data through April 2013. Using a broad array of public and proprietary data sources, ...


Positive Equity Is Driving Down Defaults

Homeowners with positive equity in their homes have fewer problem loans and are outperforming the national average for defaults. Their default rates are close to pre-crisis norms. ...


Top 4 Homebuyer Questions Need Answered before They Buy

Buying a house is the biggest investment most people will make in their lifetime, and the complex process can be intimidating to many homebuyers. Knowing the right questions to ask and receiving professional advice will help your clients make a sound ...


Housing Recovery Continues but Headwinds Remain

Buoyed by rising home prices throughout much of the nation, both single-family and multifamily housing starts are expected to post double-digit gains over last year in 2013. However, headwinds continue to hold back even stronger growth as the housing recovery evolves, ...


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