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Home Owner News Archive


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 ...


Housing Recovery Progresses as Short Term Momentum Stalls

Clear Capital, a premium provider of data, collateral risk assessment, and real estate asset valuation and analytics, recently released its Home Data Index™ (HDI) Market Report with data through January 2013. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the most granular home ...


Don’t Let Winter Pinch Your Wallet: How to Save Money on Heating and Cooling

By now, homeowners around the country have begrudgingly made that often pricey decision to turn on the furnace and crank up the dial. Winter is here and for some territories that means brisk to freezing temperatures, frost on the ground and windows, and the looming threat of higher-than-normal utility bills. ...


Donovan and DeMarco Announce Extended Foreclosure Relief for Hurricane Sandy Storm Victims

U.S. Housing and Urban Development Secretary Shaun Donovan, who serves as President Obama’s Chairman of the Hurricane Sandy Rebuilding Task Force, and Federal Housing Finance Agency Acting Director Edward J. DeMarco recently announced that the Federal Housing Administration (FHA), Fannie Mae, ...


FHA Takes Additional Steps to Bolster Capital Reserves

As part of a broad effort to strengthen the Federal Housing Administration’s (FHA) Mutual Mortgage Insurance Fund (MMI Fund), FHA Commissioner Carol Galante announced a series of changes to be issued this week that will allow the agency to better manage risk and further strengthen the health of the MMI ...


Florida Markets Still the Best Places to Buy Foreclosures

Hot foreclosure markets have come and gone over the past seven years but one thing seems to stay the same. The markets with the most and the cheapest foreclosures are still located in Florida. ...


Survey: Homeownership Is Increasingly Important to Younger Americans

Prudential Real Estate, an HSF Affiliates LLC company, has released its end-of-year Outlook Survey, which shows that Millennials and Generation X place a higher importance on and hold more favorable views toward homeownership than older generations. According to the national survey, ...


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