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Home Owner News Archive


HUD Awards 127 Million Dollars in Grants to Protect Thousands of Children from Lead and Other Home Hazards

RISMEDIA, January 15, 2011—The U.S. Dept. of Housing and Urban Development awarded nearly $127 million in grants to 48 local projects to conduct a wide range of activities intended to protect children and families from potentially dangerous lead-based paint and ...


California Bucks National Foreclosure Trend in 2010

RISMEDIA, January 14, 2011—(MCT)—Fewer Californians grappled with foreclosure last year, bucking a national trend and giving homeowners fresh hope that the state's housing market could be on the mend. The 14% drop in foreclosure activity contrasted with a 2% rise nationally, according to data tracking business RealtyTrac. Analysts noted that ...


5 States Where Housing Is Predicted to Recover the Quickest

RISMEDIA, January 14, 2011—(MCT)—Housing will rebound moderately in 2011, economists at the International Building Show here are predicting, and should gain even more steam in 2012. But the recovery in home building and home sales will vary widely from one ...


RealtyTrac Releases Year-End Foreclosure Report

RISMEDIA, January 13, 2011—RealtyTrac, a leading online marketplace for foreclosure properties, released its Year-End 2010 U.S. Foreclosure Market Report, which shows a total of 3,825,637 foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on a record 2,871,891 U.S. properties in 2010, an increase of nearly 2% from 2009 and ...


Institute Unveils Tips to Help Homeowners and Buyers Avoid Appraisal Problems

RISMEDIA, January 13, 2011—The Appraisal Institute released helpful tips for consumers, providing guidance for homeowners and buyers seeking to ensure their sales are completed in a timely manner. ...


CoreLogic Home Price Index Shows Decline for Fourth Straight Month

RISMEDIA, January 12, 2011—CoreLogic, a leading provider of information, analytics and business services released its November 2010 Home Price Index (HPI) which shows that home prices in the U.S. declined for the fourth month in a row. According to the CoreLogic HPI, national home prices—including distressed sales—declined by 5.07% in ...


Rental Resurgence: Owners of Vacation Rentals Optimistic About Their Rental Business in 2011, According to New HomeAway Report

RISMEDIA, January 12, 2011—As leisure travel continues to rebound, owners of vacation rentals are expressing optimism about their bookings in 2011. In fact, HomeAway, Inc.—one of the world's leading online vacation rental marketplaces—finds in its latest "HomeAway Vacation Rental Marketplace Report" that eight of 10 vacation rental owners anticipate their ...


2011 Housing Market to See Stable Pricing, Increased Mortgage Rates and Escalating Foreclosures

RISMEDIA, January 11, 2011—The federal tax credit extension, coupled with an uptick in seasonal buying, helped keep the real estate market on its tracks in the first two quarters of 2010, according to RE/MAX of New England. Single-family home sales across New England showed the affects of the tax credit ...


Energy Efficiency at Home and On the Go Can Ease Pain of Cold Weather, Advises Alliance to Save Energy

RISMEDIA, January 11, 2011—Winter's chill pervades much of the nation, and escalating gas prices are putting their own chill down the spines of U.S. consumers. But until the spring thaw arrives, simple energy-efficiency steps at home and on the road—potentially ...


Study Predicts What’s in Store for Former Real Estate Boom Towns

RISMEDIA, January 10, 2011—(MCT)—In former home-building hot spots, the housing bust has created a new kind of declining city, different from the nation's traditional rusting centers of industry that could languish for years. ...


Study Analyzes Recession’s Impact on Real Estate Markets in Cities in Midst of Economic Decline

RISMEDIA, January 8, 2011—The Great Recession of 2007 to 2009 created new declining cities, and posed further difficulties for cities already in decline. Some cities may not re-attain home price peaks for many years, and we could see some neighborhoods ...


Advantages Abound with Equity-Sharing Arrangements

RISMEDIA, January 7, 2011—Alex Perriello, president and CEO, Realogy Franchise Group recently wrote an article that appeared in The New York Times discussing the advantages of equity-sharing and how it can help solve the foreclosure crisis. As we continue to move farther away from the beginning of the mortgage crisis, ...


Fannie Mae Launches WaysHome Interactive Video Tool to Help Struggling Homeowners

RISMEDIA, January 7, 2011—Fannie Mae recently launched WaysHome, a free, interactive multi-media tool designed to educate homeowners about their options to avoid foreclosure, empower them to make informed decisions and motivate them to take action and seek help in 2011. As part of Fannie Mae’s “Know Your Options” initiative to ...


FHA Issues Guidance for Reverse Mortgage Borrowers and Lenders Dealing with Outstanding Debts

RISMEDIA, January 6, 2011—The Federal Housing Administration (FHA) released guidance to homeowners and lenders that use the reverse mortgage or Home Equity Conversion Mortgage (HECM) program and are dealing with outstanding property taxes and unpaid hazard insurance premiums. FHA’s guidance ...


Do-It-Yourself Interior Painting Is Like Money in the Bank

RISMEDIA, April 22, 2011—Trying to decide whether to do some home remodeling this year or leave your money in the bank? You can do both if you remodel with paint. “The cost of do-it-yourself interior painting is so low, it’s almost like remodeling without touching your bank account,” says Debbie ...


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