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Home Owner News Archive


Remodeling Set to Surge as Consumers Feel Better about Spending Again

RISMEDIA, February 12, 2011—(MCT)—With the economy starting to recover, consumers feel better about spending again—and that spare cash is going back into their homes. Home remodeling is on an upswing after the industry's worst slump since at least the early 1960s. ...


Home Price Stabilization Seen in Most Metro Areas during Fourth Quarter 2010

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 ...


10 Tips to Protect Your Home while Away on Vacation

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. ...


Foreclosure Activity Increases 1 Percent in January 2011, According to RealtyTrac

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. properties in January, a 1% increase from the previous month, but a 17% decrease from January ...


Tax Credit Hangover Continues as Home Values Drop, Negative Equity Rises in Fourth Quarter 2010

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. The Zillow Home Value Index declined 5.9% ...


Demographic Shifts Shaping Future of the Housing Market

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. ...


2010 Home Sales Had Biggest Rebound in Chicago Suburbs, Reports RE/MAX

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, the regional multiple listing service. ...


The Great Debate: What to Do about Fannie Mae and Freddie Mac

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 considers the fate of mortgage-finance titans Fannie Mae and Freddie Mac. ...


VIDEO: Prospering in the Real Estate Revival: 12 House-Rich Rules for Building Real Estate Wealth – Rule #3

RISMEDIA, February 8, 2011— ...


Tips to Keep in Mind If You’re Thinking about becoming a Real Estate Investor

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 ...


REALTORS® Praise FHFA for Proposed Rule to Prohibit Private Transfer Fees

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 in mortgages encumbered by private transfer fee covenants. ...


Sunshine State Rebranding Attempts to Attract New Residents

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. ...


Chase Expands Efforts to Keep People in Their Homes; Increases Number of Chase Homeownership Centers by 50 Percent

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 their homes. This investment will bring the ...


HUD Reports 20 Percent Jump in ‘Worst Case Needs’ from 2007 to 2009

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 ...


January Housing Scorecard – Data Reveals Mortgage Help Reaching Struggling Middle Class, Underwater and Minority Homeowners

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 increased new and existing home sales as home affordability remains high, but officials caution that ...


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