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Home Owner News Archive


Lots for New Homes Largest in New England

According to data from the Census Bureau’s Survey of Construction (SOC), the median size of lots on single-family homes started in 2012 was three quarters of an acre in the New England Census Division (Massachusetts, Maine, New Hampshire, Vermont, Rhode Island, ...


Finding a Builder for Your New Home: Hire a Professional

Contracting the right builder is a critical first step in the construction process of your dream home. ...


The Government Shutdown and Its Play on Housing

The government shutdown is causing a flurry of anxiety throughout the nation, and worry is accumulating throughout the housing industry. Despite a small fall cool down due to rising interest rates, the rebound was still moving forward with momentum, and industry ...


Home Buyers Value Environmentally Friendly Features

Homeowners frequently see their heating bills rise as fall begins and the weather cools. For this reason, homes with energy efficient and environmentally friendly features are often a priority to prospective buyers. According to the National Association of REALTORS®' ...


5 Ways Borrowers Can Land the Best Mortgage

(MCT)—After riding a swift updraft earlier this year, mortgage rates have steadied at around 4.5 percent for a 30-year fixed loan. ...


Changing Spaces in New Homes

How space is distributed in a new home is a frequently asked question. To collect information on this, NAHB recently surveyed its single-family builder members. The average percent distribution of finished space in the typical new home built by NAHB’s members ...


Fastest Growing Franchises in Home Improvement

Since the recession, many consumers are looking to increase the value of their homes and reinvest in their properties, driving up demand in a variety of industries in the home improvement sector. Notably, franchises in this sector fared slightly better than their non-franchised counterparts during the downturn, primarily due to ...


Late Summer Sales Keep September Prices Hot

Home price gains in September rose over record August levels, evidence of residual summer buying activity, according to the first market report of the month to be released. ...


RE/MAX Announces Closing of Its Initial Public Offering

RE/MAX Holdings, Inc. has completed its initial public offering of 11,500,000 shares of Class A common stock at $22.00 per share, including the full exercise of the option to purchase 1,500,000 additional shares granted to the underwriters. The Company’s Class A common stock began trading on the New York Stock ...


Ask the Expert: How Do I Know If My Contracted Home Has Appliance Problems?

Today's Ask the Expert column features Robert Allender, owner of Pillar to Post Home Inspections in Woodbury, Minn. ...


Rebound Continues: Housing Markets Back to Normal in 52 Metros

Housing markets in 52 out of the approximately 350 metro areas nationwide have now returned to or exceeded their pre-recessionary levels of activity, according to the newly minted National Association of Home Builders/First American Leading Markets Index (LMI), released recently. ...


Real Estate Q&A: Loan Modification Based on What You Still Owe

(MCT)—QUESTION: I paid my 15-year mortgage for eight years before I suffered a hardship and had to stop making payments. I am trying to get a loan modification and want to know what happens to the equity in my home. And is the modification done on the original loan amount ...


How Buyers Can Stand Out in a Multiple-Offer Market

A Beverly Hills home listed at $2.5 million and sold within 10 days at $100,000 over asking price with multiple-offers. A bank real estate-owned property listed at $4.9 million and received 21 offers—some were $250,000 over asking price. Far from exceptional, ...


For Sale: Kurt Cobain’s Childhood Home, Nirvana Nostalgia, Bad Carpet

(MCT)--Got more money than you know what to do with? A terminal case of Nirvana nostalgia? A fondness for dingy carpet? Then you’ll be happy to know Kurt Cobain’s childhood house is for sale. ...


Coldwell Banker Previews International Survey Shows More Young Money Entering the Luxury Real Estate Market

A new survey by Coldwell Banker Previews International® and the Luxury Institute finds that wealthy younger buyers are driving the luxury real estate market, and they are willing to pay more than similar wealthy buyers age 55 ...