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Home Owner News Archive


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 ...


Homeowners Decide to Deconstruct, Not Demolish, When Rehabbing

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. ...


For Your Clients: Common Impediments to Selling and How to Overcome Them

RISMEDIA, February 1, 2011—Even with the economy improving overall, it would be false to say the real estate market is booming, especially for home sellers. Unfortunately, negative financial headlines are causing some potential sellers to needlessly hide in fear. For ...


HUD, VA and USICH Officials Volunteer during Nation’s Homeless Count

RISMEDIA, February 1, 2011—On Thursday, January 27, U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan, U.S. Department of Veterans Affairs Deputy Secretary Scott Gould, and U.S. Interagency Council on Homelessness Director Barbara Poppe, joined volunteers around the nation as they participated in a national count of homeless persons and ...


New Home Sales Increase; Seasonality Should Drive Improvement into Spring

RISMEDIA, January 31, 2011—New home sales increased 17.5% month-over-month in December 2010 to 329,000 units, after being flat month-over-month in November. On an annual basis, new home sales fell 7.6% year-over-year in December after falling 23.9% year-over-year in November. This data is annualized based on seasonal adjustment factors for typical ...


Remodelers Expect Market Gains during 2011

RISMEDIA, January 29, 2011—The latest National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) edged up to 41.5 in the fourth quarter of 2010, compared to 40.8 in the third quarter. An RMI below 50 indicates that more remodelers say market activity is lower compared to the prior quarter ...


New-Home Sales Rise Sharply in December 2010

RISMEDIA, January 28, 2011—(MCT)—Sales of new single-family homes rose almost 18% in December 2010 to the highest rate since last spring, but builders in 2010 still suffered through their worst year since record-keeping began in 1963. ...


Regional Spotlight: CAR Reports California Home Sales Rise in December 2010, Posting Seven-Month Sales High

RISMEDIA, January 28, 2011—California home sales rose in December 2010, posting their highest level since May, according to data from the California Association of REALTORS® (C.A.R.). The statewide median price increased from November, but was down from a year ago. ...


2010 Foreclosure Activity Down in Hardest-Hit Markets, but Increases in 72 Percent of Major Metros Nationwide

RISMEDIA, January 27, 2011—RealtyTrac, a leading online marketplace for foreclosure properties, released its 2010 Year-End Metropolitan Foreclosure Market Report, which shows that while foreclosure activity increased from 2009 in 149 of the nation’s 206 metropolitan areas with a population of ...


VIDEO: Prospering in the Real Estate Revial: 12 House-Rich Rules for Building Real Estate Wealth

RISMEDIA, January 27, 2011—This unprecedented housing crisis has a flip side—the investment opportunity of a generation. One in four real estate transactions in 2011 will be purchases by investors. Learn how to capture this opportunity: The gold rush is on. ...


Pre-Sale Renovation: Home Seller Do’s and Don’ts

RISMEDIA, January 25, 2011—You’ve probably seen those depressingly cheery home-themed TV shows: a couple needs to sell their house, they have an outdated kitchen, and a designer comes in and proceeds to convince them to renovate the kitchen into a ...


National Home Census Survey Reveals How Americans Live in Their Homes

RISMEDIA, January 24, 2011—Now that the U.S. Census data has been released and we know where people live in our country, national off-price retailer HomeGoods recently conducted a survey to determine how we live in our homes. The survey complements ...


Recovery on Move: December 2010 Existing-Home Sales Jump 12.3 Percent

RISMEDIA, January 21, 2011—Existing-home sales rose sharply in December 2010, when sales increased for the fifth time in the past six months, according to the National Association of REALTORS®. ...


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