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Home Owner News Archive


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 ...


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 ...


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