Home Owner News Archive
RISMEDIA, February 11, 2011—Home sales rebounded in 49 states during the fourth quarter of 2010 with 78 markets—just over half of the available metropolitan areas—experiencing price gains from a year ago, while most of the rest saw price weakness, according to the latest survey by the National Association of REALTORS®.
RISMEDIA, February 11, 2011—With school vacations approaching, many lucky families are planning trips to cure their winter blues. Here are some important things to remember if you leave your home for several days.
RISMEDIA, February 10, 2011—RealtyTrac, a leading online marketplace for foreclosure properties released its U.S. Foreclosure Market Report for January 2011, which shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 261,333 U.S.
RISMEDIA, February 10, 2011—Home values in the United States posted their largest quarterly decline since the first quarter of 2009, falling 2.6% as the temporary stimulus of the home buyer tax credits wore off, according to Zillow's fourth quarter Real Estate Market Reports.
RISMEDIA, February 9, 2011—With the great recession driving unemployment, foreclosures and vacancy rates to historic highs, the housing market has certainly been on one wild ride the last few years.
Today, we see the confluence of a deep recession driving behavioral change and shifts in the demographic distribution of the population poised to impact the real estate market in unexpected ways. Americans who have experienced or witnessed the loss of jobs, homes and home values have grown skeptical about the benefits of homeownership.
RISMEDIA, February 9, 2011—Home sales in the metro Chicago real estate market turned in their strongest 2010 performance in the north suburbs and Kane County, according to an analysis by the RE/MAX Northern Illinois real estate network of transaction data from MRED, LLC,
RISMEDIA, February 9, 2011—(MCT)—What role should government play in housing finance? A struggle over that $5 trillion dollar question, which divides Democrats from Republicans, will begin Wednesday when a subcommittee of the GOP-controlled House of Representatives
RISMEDIA, February 8, 2011—
Every great endeavor begins with a clear vision of what you want to accomplish. Great investors approach real estate acquisitions the same way. Set a powerful long term objective, and find a property that meets that objective. Then let the forces of leveraged appreciation, cash flow, amortization and time do their thing.
RISMEDIA, February 7, 2011—With homeownership dropping and rental vacancy rates rising, it is clear many Americans are looking to make a change to renting instead of owning their home. Currently, homeownership levels are at 66.5%, the lowest they've been since 1998, reported recently by the Department of Commerce, and the rental vacancy rate at 9.3%, the highest its been since 2003. Many prospective investors could take this information and apply it to a very lucrative decision for future investment property purchases.
RISMEDIA, February 7, 2011—The National Association of REALTORS® applauds the Federal Housing Finance Agency for moving ahead with a proposed rule to restrict government-sponsored enterprises Fannie Mae and Freddie Mac and the 12 Federal Home Loan Banks from investing
RISMEDIA, February 5, 2011—(MCT)—Faced with a dramatic decline in the number of Americans moving to Florida, community boosters are promoting the Sunshine State as a cluster of research and technology, not just a balmy place to live.
RISMEDIA, February 4, 2011—Chase announced plans to add 25 new Chase Homeownership Centers in 19 states this year, expanding its program to provide borrowers in the hardest-hit communities with the knowledge and resources they need to explore all the ways they can stay
RISMEDIA, February 3, 2011—In a recently released report to Congress, the U.S. Department of Housing and Urban Development (HUD) found that “worst case housing needs” grew by nearly 1.2 million households, or more than 20%, from 2007 to 2009 and by 42% since 2001. “Worst case housing needs” are defined as low-income households who paid more than half their monthly income for rent, lived in severely substandard housing, or both.
RISMEDIA, February 2, 2011—The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the January 2011 edition of the Obama Administration's Housing Scorecard. The latest housing figures show
RISMEDIA, February 2, 2011—MCT)—If you're remodeling your kitchen or want to build your dream home on property with a not-so-idyllic house, there's a way to tear down that doesn't involve the wrecking ball.
Deconstruction—the careful removal of salvageable hardwood flooring, light fixtures, cabinetry, doors and nearly everything that makes a house a house—is gaining momentum. As a result, more than three-fourths of the house can be re-used and recycled instead of all of it ending up in the dump.