Home Owner News Archive
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 ...
RISMEDIA, May 2, 2011—According to the National Association of Home Builders' (NAHB) Remodeling Market Index (RMI), the remodeling market is heading into recovery with an increase to 46.5 in the first quarter of 2011 from 41.5 in the fourth quarter of 2010. This marks the highest level for the RMI since the fourth
RISMEDIA, May 2, 2011—(MCT)—In the overheated housing market of five years ago, buyers often felt they had to accept homes in woeful condition. But these days, most look at "as-is" properties and say, "No thanks." "I try to stay away from things that need a lot of work," says Michael Lisa of Chestnut Ridge, N.Y.,
RISMEDIA, May 2, 2011—Housing and Urban Development Secretary Shaun Donovan today awarded more than $216 million to nearly 700 new homeless programs across the country. The grants announced today are $26 million more than last year’s grants and, combined with renewal funding announced
RISMEDIA, April 29, 2011—Potential homeowners who participate in pre-purchase education and counseling programs may be more likely to pay their mortgages on time, although the evidence on this point is not consistent and compelling, according to a study released today by the Mortgage Bankers Association (MBA). The study also finds that those who participate in default counseling are more likely to have their loans modified.
RISMEDIA, April 27, 2011—When you turn on a light switch, do you ever wonder if you'll be electrocuted? Do you constantly worry about your home's roof caving in? Or believe your home's water pipes might be frozen when you turn on the faucet?
Most of us never think twice about these things. That's because we are confident in the work done every day by the 50,000 members of the International Code Council, the people who safeguard our homes and businesses by creating and enforcing strong building safety codes at the city, county and state levels.
RISMEDIA, April 28, 2011—(MCT)—As weather warms in most parts of the country, many homeowners will incur the expense and hassle of hiring professionals to help beautify their yard through grass mowing, landscape design or tree trimming and removal. These specialty services can be quite costly; that's why it's important
RISMEDIA, April 26, 2011—Eighteen national, regional and local lenders will participate in a new two-year pilot program that will offer qualified borrowers living in certain parts of the country low-cost loans to make energy-saving improvements to their homes. Backed by the Federal Housing Administration (FHA), these new PowerSaver loans will offer homeowners up to $25,000 to make energy-efficient improvements of their choice, including the installation of insulation, duct sealing, replacement doors and windows, HVAC systems, water heaters, solar panels, and geothermal systems.
RISMEDIA, April 25, 2011—With home prices dropping, minimal interest rates and the cost of rental properties on the rise, now may be the time for renters to seriously consider buying a house, according to HouseSavvy, a premier real estate and relocation organization headquartered in Massachusetts.
RISMEDIA, April 25, 2011—After multiple years characterized by doubt and pessimism, relocation managers across the U.S. are expressing optimism that the worst of the recession is now in the rearview mirror. Responding to Atlas Van Lines’ 44th annual Corporate Relocation Survey, 72% of the relocation managers polled say they believe ...
RISMEDIA, April 21, 2011—Sales of existing-home sales rose in March 2011, continuing an uneven recovery that began after sales bottomed last July, according to the National Association of REALTORS®. Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased
RISMEDIA, April 21, 2011—(MCT)—The Federal Reserve recently proposed requiring banks to ensure borrowers can repay their mortgages before they give them a loan. ...
RISMEDIA, April 20, 2011—Welcoming a brand new player to the real estate playing field is always big news. New perspective, new ideas, new potential on the horizon. However, with almost 200 years of history, and doing business today in more than 160 countries and jurisdictions, you can’t exactly call Citi a newcomer. You can’t even refer to Citi as a newbie to mortgage lending, a vertical it’s operated in for almost 40 years.
RISMEDIA, April 20, 2011—Enduring the devastating housing crisis is a challenge that is only exacerbated by Congress’s decision to eliminate all funding for the U.S. Department of Housing and Urban Development’s (HUD) Housing Counseling Assistance Program. Representatives from NCLR (National Council of La Raza), the NAACP, the National Coalition for ...
RISMEDIA, April 20, 2011—The U.S. Department of Housing and Urban Development (HUD) is launching a new campaign in Miami, Chicago and Los Angeles called Know It. Avoid It. Report It. This campaign has two objectives. First, it aims to direct homeowners facing foreclosure to trusted resources and housing counselors. Second, and more importantly, the campaign wants to solicit the support of homeowners in