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Home Owner News Archive


Fixed Mortgage Rates Lower for Fifth Straight Week

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates falling for the fifth consecutive week and hitting new 2014 lows. The average for the 30-year fixed-rate mortgage is at its lowest point since the week of October 31, 2013. ...


Hot Property: Leaving Another Zip Code?

(MCT)—Jason Priestley, who made a name for himself playing Brandon Walsh on “Beverly Hills, 90210” in the 1990s, has sold a home in the San Fernando Valley’s Toluca Lake neighborhood for $2 million. ...


Living Smart: Getting Your Screened-in Porch Spring/Summer-Ready

(MCT)—What area of the home offers the best of inside and outside living, with no downside except for the need for occasional cleaning and maintenance? ...


Housing Affordability Edges Higher in First Quarter

Slightly lower median home prices along with steady mortgage rates contributed to higher housing affordability in the first quarter, according to the recently released National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). ...


New NAR Guide Helps MLSs Highlight Green Homes and Features

Finding and selling green homes is about to get easier for buyers and sellers with the National Association of REALTORS®’ new Green MLS Implementation Guide, NAR Green MLS Implementation Guide.pdf a comprehensive guide for helping multiple listing services promote the special features of a green home. ...


Consumer Optimism Toward Housing Continues Gradual Climb

Americans’ outlook toward the housing market continued to improve in April, perhaps foreshadowing an increase in housing activity in the coming months, according to results from Fannie Mae’s April 2014 National Housing Survey. The share of respondents who believe now is a ...


Real Estate Is a Better Investment than Gold

Almost every day, I hear advertisements about buying gold because it is such a great investment. As I have heard these claims, I have wondered how real estate stacks up to gold as an investment. ...


New Report Shows American Dream Is Still Tangible

Clear Capital recently released its Home Data Index™ (HDI) Market Report with data through April 2014, showing that for many, the American dream is still accessible. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the ...


Baths Edge Kitchens for Most Common Remodeling Project in 2013

May is National Home Remodeling Month. This is the first of a series of posts in recognition of the occasion with results from NAHB’s quarterly Remodeling Market Index (RMI) survey showing that bathrooms remained the most common type of jobs performed by ...


First Quarter 2014: Housing Share of the Economy at 15.5 Percent

Housing is an important source of economic growth. As of the first quarter of 2014, housing’s share of gross domestic product (GDP) was 15.5 percent, with home building yielding 3 percentage points of that total. ...


The Most Popular Features to Improve the Performance of Your Home

According to a new National Association of Home Builders (NAHB) Remodelers survey, high-performing, Low-emissive (Low-E) windows are the most common green building products used by residential remodelers. To kick off National Home Remodeling Month in May, NAHB released the survey results, which ...


‘Boomerang Buyers’ Purchase New Homes after Foreclosures

(MCT)—Less than five years after Jose and Mary Guadalupe lost their longtime family home to foreclosure, the Orange County couple were able to buy back their house. ...


Mortgage Applications Slide in Latest MBA Weekly Survey

Mortgage applications decreased 5.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 25, 2014. ...


Hot Property: Actress Ready for Seller Role

(MCT)—Actress Victoria Tennant has listed her home in Bel-Air for sale at $6.995 million. ...


Good News and Bad News about the Spring Housing Market

As America emerges from winter into a hopeful but untested spring housing market, the real estate industry has been aflutter with a mix of news. ...


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