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Home Owner News Archive


Regional Spotlight: 2011 Begins with a Jump in Pending Sales for Washington, D.C. Metro Area

RISMEDIA, February 15, 2011—According to data recently released by RealEstate Business Intelligence (RBI), an MRIS company, there was a pronounced increase of 31% in pending sales in the January 2011 Washington, DC metro area housing market. The RBI Pending Home ...


Government Support of Housing Finance to be Gradually Eliminated Over Next Five to Seven Years

RISMEDIA, February 15, 2011—(MCT)—In a move that had been widely anticipated, the Obama administration said last week that it wants to get the government out of the mortgage business by winding down operations at Fannie Mae and Freddie Mac over the next five to seven years. ...


California Hopes to Stave off Foreclosures through ‘Keep Your Home’ Program

RISMEDIA, February 14, 2011—(MCT)—More than 100,000 struggling homeowners could get help from a $2 billion program that California is launching, including about 25,000 borrowers who owe more than their properties are worth and could see their mortgages shrink. ...


70 Percent of Americans View Homeownership as Part of Personal American Dream, According to Trulia

RISMEDIA, February 12, 2011—Trulia.com, a top site for home buyers, sellers and renters, released the results of its biannual American Dream survey, which has tracked American attitudes towards homeownership since 2009. Harris Interactive conducted this online survey on Trulia's behalf ...


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. ...


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