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Home Owner News Archive


Nearly Half of Home Buyers Are in Search of an Agent

HomeFinder.com, an online real estate search site, recently released the results of a March 2012 consumer survey of nearly 400 HomeFinder.com users. One of the most significant findings is that almost one out of every two respondents indicated that they are in the market for a home, but do not ...


Analysis: Stricter Mortgage Standards Criticized as too Tight

(MCT)—During the housing boom, a borrower’s ability to exhale appeared to be the chief criterion for obtaining a mortgage. Six years of record foreclosures later, with millions of borrowers owing more than their properties are worth, the housing market continues to tread water. ...


Impatient Buyers Target Homes Before They Go on Sale

(MCT)—House hunters frustrated with the market’s supply of homes have shifted their search from the streets to underground. ...


Long Awaited Housing Recovery Underway: Agent Survey Reveals Rising Prices and Strong Demand

The housing industry is staging a recovery with increasing sales and stabilizing prices, according to a national survey of RE/MAX agents. Four out of five agents believe U.S. home prices won’t decline further. In fact, nearly 70 percent predict prices will go up, led by a strong demand for homes ...


Strong Sales in February Impact March Stats

Sales of newly built, single-family homes declined 7.1 percent to a seasonally adjusted annual rate of 328,000 units in March from an upwardly revised, robust pace of 353,000 units in February, according to newly released figures from HUD and the U.S. Commerce Department. ...


New Rules Aim to Speed up Short Sales

(MCT)—The short sale process could get a lot quicker starting this summer under new rules that will require lenders to respond to offers within a month. ...


March Bay State Home Sales Rise 20 Percent

REGIONAL SPOTLIGHT—Sales of single-family homes and condominiums in Massachusetts rose by double-digit percentages in March—marking the strongest first quarter since 2007, according to a new report by The Warren Group. ...


Watch Your Mouth

If you ask the average person how they feel they can give you an answer but not too many can tell you how they got there. Some people believe that they feel a certain way because of whatever the weather happens ...


9 Cities and Both Composites Hit New Lows in February

Data through February 2012, released recently by S&P Indices for its S&P/Case-Shiller Home Price Indices, showed annual declines of 3.6 percent and 3.5 percent for the 10- and 20-City Composites, respectively. ...


The Housing Recovery Is Slow Going, but Things Are Improving

There has been a flurry of media stories regarding the latest housing data that suggest the recent momentum in the housing market has stalled and the industry is heading toward another downturn. ...


Single Family Rentals Now Exceed Multifamily

While inventories of homes for sale have been shrinking this spring, MLSs are filling the void with rental listings for single family homes that until recently were foreclosures. Some 16.1 percent of all listings on MLSs today are rentals, more than double the number in 2006, according to some reports. ...


Stable Housing Numbers: Down Payments Remain Elevated

Down payments greater than or equal to 20 percent were made by 34 percent of all residential home purchasers last month, a percentage that has remained relatively stable over the past year, according to the latest REALTOR® Confidence Index survey ...


Existing-Home Sales Decline in March but Inventory Down, Prices Stabilizing

Existing-home sales were down in March but continue to outpace year-ago levels, while inventory tightened and home prices are showing further signs of stabilizing, according to the National Association of REALTORS®. ...


April Showers Bring Flooding and Mold

As winter gives way to warmer weather and spring begins to bloom, heavy rain storms pose a threat to homeowners. Homes that aren’t properly protected from the elements are at risk of flooding and mold infestation, which can cost thousands of dollars to fix once the damage is done. ...


Multicultural Buyers: The New American Melting Pot

Just a cursory glance at your television is evidence: the demographic of the U.S. population has changed dramatically in the past decade. America’s population is more diverse than ever before, and savvy real estate agents should prepare now to serve ...


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