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Home Owner News Archive


Not All Home Inspections Are Made Equal

A home inspection is a crucial component of making a smart home-buying decision. According to Jay Gregg, director of marketing for Pillar To Post, not all home inspections are equal. Gregg, who has experience in home inspections, sales marketing and as a previous Pillar To Post franchisee, believes Pillar To ...


REALTORS® Call for Increased Lending

Increased lending to creditworthy homebuyers and more loan modifications and short sales are necessary to reduce the rising inventory of foreclosed homes and help stabilize and revitalize the housing industry and economy, according to the National Association of REALTORS®. ...


Homeowners Expectations Low for 2012

Homeowners are growing even more pessimistic about the potential short- and long-term values of their homes. ...


Bathroom Remodeling on a Budget

Bathroom renovations have become extremely popular in recent years. Many consumers choose to renovate their bathroom before any other room; not only is the bathroom a major focal point when it comes time to sell, but square footage is limited and depending on the plans, the cost can be affordable—especially ...


Household Debt Drops for 12th Straight Quarter

Household debt declined by a seasonally adjusted annual rate of 0.6%, dragged lower by a 2.4% decline in mortgage debt as consumers took out fewer mortgages, paid off or had debts forgiven, the Federal Reserve reported in its voluminous flow-of-funds ...


Realogy CEO to Address Senate Subcommittee on the State of the U.S. Housing Market

Realogy Corporation, a leading provider of real estate and relocation services, announced that Richard A. Smith, its president and CEO, has been called upon to testify before the Subcommittee on Housing, Transportation and Community Development of the United States Senate Committee on Banking, Housing and Urban Affairs. In his remarks, ...


Millions of Homeowners Pay Excessive Rates

Seventy five percent of all homeowners who owe more on their homes than they are worth are paying mortgage interest rates nearly a point higher than today’s average rate for a 30-year fixed mortgage. ...


Rand on Real Estate: Why Didn’t the Great Recession Happen 10 Years Ago Today?

Greg Rand (@gsrand), CEO of OwnAmerica, the host of Rand on Real Estate on 770 WABC, asks the question "Why didn't the Great Recession happen 10years ago today?" The circumstances were ripe for a major recession. We were already in a minor recession; endured the evaporation ...


Freddie Mac Extends Mortgage Relief to Borrowers Affected by Hurricane Irene

Freddie Mac's (OTC: FMCC) full menu of relief policies for borrowers affected by disaster is being extended to homeowners whose homes were damaged or destroyed by Hurricane Irene and are located in counties that the President has declared to be Major Disaster Areas and where he has made federal Individual ...


Boomers Hunt for Smaller Houses

Regional Spotlight—(MCT)—When it comes to housing, baby boomers are different from many people in two important ways: they have more equity in their homes, and many are preparing to move. ...


Five Ways to Fight a Low Appraisal

What do you do when the appraisal on the dream home you want to buy comes in below the price in the offer the seller has accepted—even as much as 10 to 20 percent below? ...


Lack of Equity Can Derail Mortgage Refinancing

(MCT)—With mortgage interest rates hovering around 50-year lows, refinancing is an appealing prospect for many homeowners. I think this is especially true considering the stock market’s August gyrations. Taking nervous energy and using it to focus on sure-thing money moves such as lowering payments or paying debt faster makes sense. ...


Foreclosures Now Take 20 Months

The average home entering the foreclosure process today won’t house new owners until the next president has been inaugurated and in office for three months. ...


Getting Your Home Sold

While certain tips like properly staging your space will help get your home sold no matter what the economic climate, picking a talented real estate agent is one of the most crucial assets in getting your home sold fast and for the right price. ...


Is Your Loan Modification Application Stuck?

If you’re on the verge of losing your home, or you know someone who is, then you also know about the long, bureaucratic process involved in applying for a loan modification from a lender. The most common approach is to ...


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