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Home Owner News Archive


Home Prices Expected to Rise at least 3.3 Percent Annually through 2017

The housing recovery is expected to grow at an annualized rate of 0.6 percent through the third quarter of this year, then gain momentum and prices are projected to grow 3.7 percent between the third quarters of 2013 and 2014 until ...


February’s U.S. Home Prices Signal Solid Start to Spring Buying Season

Clear Capital recently released its Home Data Index(TM) (HDI) Market Report with data through February 2013. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the most granular home data and analysis earlier than nearly any other index provider in the industry. ...


Residential Construction Spending Unchanged in January

Private residential construction spending was relatively unchanged for the first month of 2013 due to declines in the volatile remodeling spending category. Nonetheless, total residential construction spending remains near post-2009 highs and has experienced growth in 15 of the last 17 months according to data from the Census Bureau. ...


Single Family REITs: A New Definition of Homeownership

The most significant innovation to hit the residential real estate market in decades occurred in 2012 to little fanfare: A first single family REIT (real estate investment trust) went public. For the first time in history, everyday people can own shares of the American Housing Market, one share at a ...


Exterior Replacement Projects Provide Biggest Return on Investment for Homeowners, Say REALTORS®

Homeowners looking for the most return on their investment when it comes to remodeling should consider exterior replacement projects. According to the 2013 Remodeling Cost vs. Value Report, REALTORS® rated exterior projects among the most valuable home improvement projects. ...


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 ...


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