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Home Owner News Archive


Townhouse Construction on the Rise

Construction of attached single-family housing (townhouses) is increasing both in terms of total units and market share. ...


A House with Some Assembly Required

(MCT)—The low-slung structure tucked among the unearthly boulders of Joshua Tree looks vaguely like many other modern prefab homes from the last decade — streamlined silhouette, eco-chic materials, indoor-outdoor appeal — but with one key difference. It has Mickey Mouse ...


U.S. Housing Prices to Continue Stabilizing in 2013

BMO Economics commented recently that higher equity and home values must be providing some much-needed comfort to U.S. consumers, following the release of the S&P Case-Shiller home price index for June which showed a more-than-expected rise of 0.9 per cent, ...


Real estate Q&A: Keep Trying to Get Short Sale

(MCT)—QUESTION: Although I have a financial hardship, my lender recently turned down my short sale request because I was not 45 days late on the payment. I am out of money and willing to leave the property but don't want ...


Investors Still Find Real Estate Enticing

(MCT)—The stone house has small rooms, an overgrown yard and a roof that begs to be replaced. But investor Frank Oliveri and his business partner, Al Best, see the potential in its Wyckoff, N.J., address and the $125,000 in renovations they’ve got planned. ...


Group Hopes to Build Affordable, All-Made-In-America Homes

(MCT)—Wisps of steam waft upward from coffee mugs, and renderings of a home are propped up, on an outdoor table at Christo's Cafe in Orlando one recent Wednesday morning. ...


Brokers Focus on Photos to Sell Homes

(MCT)—Good pictures are crucial in marketing a home for sale. Just ask Clarissa and Mark Padilla, who were able to get a contract on their Sherman Oaks, Calif., condo unit in less than two weeks — and at a price ...


Summer Ends Sweetly: July Pending Home Sales Rebound

Great news on the housing front: Pending home sales rose in July to the highest level in over two years and remain well above year-ago levels, according to the National Association of REALTORS®. ...


NAR Member Benefit Helps REALTORS® Take Care of Their Homes

REALTORS® help people achieve the dream of homeownership, but are often also homeowners themselves. A new offer through the REALTOR Benefits® Program will help members of the National Association of REALTORS® who own homes prolong the life of their air conditioning and heating systems. ...


REALTORS® Applaud FHFA for Expanding Short Sale Eligibility to Help More Struggling Homeowners

The National Association of REALTORS® applauds the Federal Housing Finance Agency for working with Fannie Mae and Freddie Mac to issue new guidelines that expand eligibility criteria and streamline the short sale process. ...


How to Spot Vinyl Siding Damage

Vinyl siding is one of the most popular home sidings in the U.S. due to its relative low cost, durability and lifespan. It is constructed to last more than 20 years even under extreme conditions. In fact, U.S. Census Bureau ...


New Guidelines Streamline Short Sale Processes to Prevent Foreclosures and Help Communities Stabilize

The new short sale guidelines just announced by Fannie Mae will streamline documentation requirements, waive deficiencies for borrowers that successfully complete a short sale and set standard payments for subordinate lien holders, the organization reports. The new guidelines are for servicers to follow as part of the Federal Housing Finance ...


Market Momentum in Illinois

REGIONAL SPOTLIGHT—Data released recently by the Illinois Association of REALTORS® shows signs that the state's housing market is strengthening. ...


5 Legal Tasks to Do When You Move

The Internet is full of checklists and resources to use if you are planning to move. There are packing timelines. There are lists of packing supplies. There are even directions on how to pack boxes. ...


Back to School: College Towns Primed for 2012 Investors

As parents across the country prepare to send their college-bound students to school this fall, many quickly find housing can be a huge financial undertaking. Some are now considering buying homes for their students to live in with classmates, while ...


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