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Home Owner News Archive


Obama Administration October Housing Scorecard Shows Continued Signs of Stabilization in House Prices and High Home Affordability

RISMEDIA, October 28, 2010—The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the October edition of the Obama Administration’s Housing Scorecard (www.hud.gov/scorecard). The latest housing figures show continued signs of ...


Regional Spotlight: Home Values Continue to Rise in Ohio

RISMEDIA, October 28, 2010—Home values continue to rise which is good news for central Ohio. The average sale price for the first nine months of the year is $161,204, up 7.4% from the beginning of 2010 according to the Columbus Board of Realtors®. ...


Zillow CEO Discusses Evolving Real Estate Market

RISMEDIA, October 27, 2010—As the real estate industry waxed and waned over the past several years, Zillow has gone from suspect intruder to trusted partner. Here, Zillow CEO Spencer Rascoff explains how both the industry and Zillow have evolved together, ...


Enhance Your Well-Being: Nurse Your Sick Home Back to Health

RISMEDIA, October 27, 2010—A new home may have freshly painted shutters, a picket fence around it, and rainbow-colored flower patches leading to the candy-red door. But if the air quality isn’t good inside, those exterior niceties become insignificant—and—quite simply, you ...


California Home Sales Post Second Consecutive Monthly Gain in September, C.A.R. Reports

RISMEDIA, October 27, 2010—California home sales posted their second consecutive monthly gain in September 2010, but were down from the same period a year ago, according to data from the California association of Realtors® (C.A.R.). "We've seen a gradual improvement in the market over the past few months as we ...


Fannie Mae, Freddie Mac Bailouts Could Hit 363 Billion Dollars

RISMEDIA, October 26, 2010—(MCT)—The taxpayer bailouts of housing finance giants Fannie Mae and Freddie Mac could cost as much as $363 billion through 2013, according to government projections. The Federal Housing Finance Agency, which has regulated the former government-sponsored enterprises since they were seized during the financial crisis in 2008, ...


Home Buyers from Florida to California Bid Above Asking Price, According to ZipRealty’s Home Hunter Report

RISMEDIA, October 25, 2010—Some homes across the country at various price points are selling above asking price, according to the Q3 2010 Home Hunter Report released by ZipRealty. The report reveals that in Q3 2010, California was home to five ...


Reverse Mortgage Changes Take Today’s Real Estate Market into Consideration

RISMEDIA, October 23, 2010—(MCT)—If you’ve been toying with the idea of taking out a reverse mortgage, it is important to take into consideration that today’s market is significantly different from what it was just a couple of months ago. Monthly ...


Price Reductions Continue to Climb for Fourth Consecutive Month

RISMEDIA, October 22, 2010—Trulia.com, a top site for home buyers, sellers and renters, announced that price reductions for home listings currently on the market in the U.S. have increased for the fourth consecutive month to an all-time high of 27% ...


Single-Family Housing Starts Rise 4.4 Percent in September 2010

RISMEDIA, October 21, 2010—Nationwide housing starts edged up 0.3% to a seasonally adjusted annual rate of 610,000 units in September, due entirely to a 4.4% gain in the single-family sector, according to U.S. Commerce Department figures. "Builders are cautiously responding ...


Home Sales Continue Post-Tax Credit Correction

RISMEDIA, October 20, 2010—The summer season of home buying was a difficult one because many buyers purchased earlier in the spring in an attempt to qualify for the government’s tax credit. Now the market is still attempting to return to traditional seasonal trends. A monthly survey of 54 metropolitan areas ...


Realtors Support FHFA Proposal to End Private Transfer Fees

RISMEDIA, October 19, 2010—The National Association of Realtors (NAR) strongly supports the proposed guidance from the Federal Housing Finance Agency to prevent government-sponsored enterprises Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks from investing in mortgages encumbered by private transfer fee covenants. ...


Breathe Easier: 10 Tips to Banish Mold from the Home

RISMEDIA, October 19, 2010—Often, our first encounter with mold at home occurs in that infamous spot between the shower curtain and tub. It’s pretty disgusting, but it’s easy to wipe up. Unfortunately, in most homes, this isn’t the extent of ...


Mortgage Insurance Plays Increasing Role in Optimizing Home Financing

RISMEDIA, October 18, 2010—In today’s dicey lending environment, many a would-be home buyer often falls into one of two camps: uninformed or running scared. Unfortunately, tightening lending standards and a pervasive unease about the overall economy have combined to keep ...


Consumers Union and Consumer Federation of America Join Coalition to Stop Wall Street Home Resale Fees

RISMEDIA, October 18, 2010—The Consumers Union and the Consumer Federation of America—two of the most recognized and influential consumer protection organizations in the nation—joined the Coalition to Stop Wall Street Home Resale Fees. Adding their voices to the diverse coalition ...