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Home Owner News Archive


Sign of Recovery: Traditional Home Sales Now Dominate Foreclosures and Short Sales

(MCT—Regional Spotlight)--For several years, banks held an iron grip on Las Vegas’ weak housing market, as most sellers either were bankers unloading foreclosed properties or underwater locals who needed their blessing. ...


The Aging Housing Stock

The American housing stock continues to age, a trend that represents an opportunity for remodelers and over the long term may signal a future increased demand for new home construction. ...


REALTORS® Announce Most Valuable Home Improvements

A home’s curb appeal is crucial because it can be the first thing buyers notice about a home. That’s why REALTORS® rated exterior projects among the most valuable home improvement projects in the 2014 Remodeling Cost vs. Value Report. ...


Breaking the Logjam on Reverse Mortgages

(MCT)—People reaching retirement age are living longer than ever, and retiring with less capacity to maintain their living standards. With good reason, this situation has been termed a “retirement funds crisis.” ...


Hot Property: Is a Quick Sale in the Cards?

(MCT)—Constance Zimmer of “House of Cards” put her home in the Hollywood Hills up for sale at $1.175 million and in 10 days it was in escrow. ...


Meeting the Requirements of the Affordable Care Act

Under the Affordable Care Act, beginning in 2014, Americans who can afford to buy health insurance are required to do so or pay a penalty when they file their federal tax return. Everyone must enroll in a health insurance program by the March 31, 2014 deadline. ...


Housing-Related Tax Rules That Expired at the End of 2013

At the end of 2013, a number of housing-related tax provisions expired. Collectively, these housing and other tax rules are part of a set of policies known as “tax extenders,” which have traditionally been extended every year or so. ...


Mortgage Rates Stay Largely Unchanged

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates little changed amid a week of light economic reports. ...


Housing Recovery Remains on Firm Footing as Americans’ Housing Sentiment Bounces Back from an Autumn Dip

Year-over-year gains in Americans’ attitudes toward homeownership demonstrate that the housing recovery continues to move forward on firm footing despite a drop in housing sentiment during the fall, according to Fannie Mae's December National Housing Survey results. Forty-nine percent of consumers surveyed believe home prices will go up over the ...


Real Estate Industry Wary ahead of New Mortgage Rules

(MCT)—Real estate officials are bracing for new federal mortgage rules intended to press lenders to ensure that prospective borrowers are able to repay home loans. ...


Boomerang Buyers Could Boost Housing Market

(MCT)—Some housing experts are trumpeting changes that allow foreclosure sufferers to buy back into the American Dream sooner than they probably imagined, calling 2014 the year of the “boomerang buyer.” ...


Fixed Mortgage Rates Start the Year Higher

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates continuing to edge higher as we enter the new year. ...


The Mortgage Professor: Borrowers, Not Lenders, Should Control Home Appraisals

(MCT)—The Consumer Financial Protection Bureau has developed two new disclosure forms that will replace three forms administered by the Federal Reserve and the Department of Housing and Urban Development. The adoption date was recently extended to August 2015, which hopefully will allow the CFPB to make some needed improvements. ...


For Some, Home Is Where the Smart Is

(MCT)—For Raffi Kajberouni, the keys to his Santa Clarita, Calif., home have become relics. ...


New Mansion Reflects Resurgence of Behemoth LA Homes

(MCT)--Nearing completion after five years of construction in the hills of Bel-Air, Chateau des Fleurs looms like some super-sized Hollywood notion of dynastic France. ...


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