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Home Owner News Archive
RISMEDIA, May 13, 2011—Reforms to America's housing finance market must ensure a reliable source of affordable mortgage lending for creditworthy consumers. That's according to REALTORS® and other industry insiders who examined the federal government's future role in the secondary mortgage market
RISMEDIA, May 12, 2011— You don’t have to travel the world to be a global agent. Nor do you have to find foreign investors shopping for properties here. Global business also includes ethnic immigrant communities, naturalized citizens who retain strong cultural roots, and foreign residents living in the U.S. on extended visas. Considered in this context, global business is bigger—and growing faster—than many agents realize.
Getting started
Connecting with multicultural buyers is not so much about speaking their language, but understanding where they are coming from–gaining a better understanding
RISMEDIA, May 12, 2011— Existing-home sales continued to recover in the first quarter with gains recorded in 49 states and the District of Columbia, while 22 percent of the available metropolitan areas saw prices rise from a year ago, according to the latest survey by the National Association of REALTORS®.
RISMEDIA, May 12, 2011— A seasonal uptick in both median prices and inventory has appeared in most metropolitan areas across the country, contradicting earlier price reports, according to Altos Research’s 20-city Composite trends data in April. Price increases are apparent in 24 of the 26 tracked markets, and inventory
RISMEDIA, May 11, 2011—Luxury market homebuyers looking for a piece of cinematic history and refined Georgian charm need look no further than the new-to-market Winnetka home for sale. Featured in the family movie, Home Alone, this stately home is listed for $2.4 million by Marissa Hopkins, a broker associate with
Coldwell Banker Residential Brokerage in Chicago.
Conveniently located in the Chicago North Shore suburb of Winnetka, this red-brick colonial Georgian home sits dramatically on a beautifully landscaped half-acre lot, just blocks from the quaint village center and magnificent Lake Michigan. The owners of the “Home Alone Home,” John and Cynthia Abendshien, lived there while the movie was being filmed.
RISMEDIA, May 10, 2011—(MCT)—One video circulating in cyberspace—shot by a 12-year-old boy with his cell phone in the back seat of his vehicle—shows a tornado closing in on a family driving in North Carolina last month —right up until the tornado hits them.
RISMEDIA, May 9, 2011—Every year home electrical problems cause more than 28,000 house fires and massive property damage. Electrical wiring is the root cause of many of these fires, of which countless could have been prevented. May is Electrical Safety Month. MXenergy, an independent energy provider, is encouraging
RISMEDIA, May 9, 2011—(MCT)—For home buyers who need to finance their purchase using a mortgage, a cash buyer can be their worst enemy.
That's because when a buyer makes a cash offer, the seller knows it's a solid deal—and that financing hiccups won't delay a closing. Sometimes, that's enough for the seller to accept a lower bid for a cash deal instead of a higher bid from a financing buyer.
It happened to a client of Dan Quinn, a real-estate agent who works for Prudential Carruthers Realtors in Silver Spring, Md. Against a cash buyer, the financing borrower just couldn't compete, Quinn says.
RISMEDIA, May 9, 2011—(MCT)— With new-home sales at historical lows, builders are doing a lot of head-scratching about what kind of houses buyers want.Changing demographics and tougher lending standards are influencing their decisions, too. The industry is trying to get a handle on where home designs
RISMEDIA, May 6, 2011—Severe weather continues to be a concern for many areas in the United States. The weather system which leveled parts of the southeast last week also dumped record rainfall from Arkansas to Vermont. Additional rainfall has some concerned about the flooding that is worsening in the Ohio and Mississippi River Valleys.
As standard homeowners, renters or business-owners policies do not cover flood damage, most flood insurance is written through the National Flood Insurance Program, which is administered by the Federal Emergency Management Agency.
RISMEDIA, May 5, 2011—As the housing market continues to struggle, home buyers appear ill-prepared to take out a mortgage, answering basic questions about mortgage information wrong nearly half (46 percent) of the time, according to a Zillow® Mortgage Marketplace survey. In fact, 44 percent admitted they are not confident in their knowledge of mortgages or the mortgage process. Zillow® Mortgage Marketplace, with Ipsos, surveyed prospective home buyers, asking them to gauge their own knowledge of mortgages, and asking basic questions about mortgage facts.
RISMEDIA, May 5, 2011—Mortgage applications increased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 29, 2011. The Market Composite Index, a measure of mortgage loan application volume,
RISMEDIA, May 5, 2011—Consumer attitudes towards the housing markets are echoing views in the years immediately preceding the peak of the housing boom, according to a new national survey by the Gallup poll. Americans continue to see a buyer’s market in housing, according to an April 2011 Gallup poll.
RISMEDIA, May 4, 2011--1parkplace, a leader in online real estate marketing, believes high quality education and training is paramount to the success of its valued members. As a result, the company is kicking off the spring training season with its first major webinar workshop of the year, Wednesday, May 4 (today) at 10 a.m. PST.
Attendees are encouraged to join the live webinar. Those who can not attend the live webinar may RSVP now and have the recording sent to you so you can watch at your convenience.
RISMEDIA, May 3, 2011—Home sales in the nine-county San Francisco Bay Area continued at a steady pace in the first quarter of 2011 compared with the same period a year ago as homebuyers took advantage of favorable home prices and interest rates, according to an analysis of MLS data issued ...
