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Home Owner News Archive


Home Crush Survey: Women More Likely than Men to Crush on Out of League Homes

Realtor.com® has released the results of its Home Crush Survey, which revealed that men and women are notably different when it comes to developing a crush on a home. In this survey, a home crush is defined as a home a ...


Housing Share of the Economy at 15.3 Percent

Housing is an important source of economic growth. As of the final quarter of 2013, housing’s share of gross domestic product (GDP) was 15.3 percent, with home building yielding 3.1 percentage points of that total. ...


Consumers Feel Good about Mortgage Credit

More Americans now believe it would be easy for them to get a mortgage, according to Fannie Mae’s January 2014 National Housing Survey results. Consumer attitudes regarding the ease of getting a mortgage climbed 2 percentage points to an all-time survey high ...


Homeowners Find Respite under the Roof with Attic Conversions

(MCT)--At the end of the day, it’s easy for two Minneapolis couples to retreat to a quiet sanctuary. All they have to do is climb stairs that lead to the attic. ...


Borrowers Who Refinanced in 2013 Made Huge Savings in Interest

Freddie Mac recently released the results of its fourth quarter 2013 quarterly refinance analysis, showing that borrowers are continuing to take advantage of near record low mortgage rates to lower their monthly payments, shorten their loan terms and overwhelmingly choosing the safety ...


Keeping Up With the New Joneses: Redefining Luxury

Meet the new Joneses. They believe their house is the best one on the block. They seek multiple homes to fit their lifestyle needs and have an affinity for high-tech features. Despite the emergence of new luxury niches, such as the Millennial ...


Key Issues Threaten the Rise of Hispanic Homebuyers

Immigration reform, sweeping changes in policies and regulations and the rising racial wealth gap and their impact on Hispanic homeownership are among the central issues Hispanic real estate leaders will discuss next week at the NAHREP 2014 Housing Policy & Hispanic Lending ...


Home Protection Plans Help Homeowners Worry Less

American Home Shield goes above and beyond for buyers, sellers and real estate professionals alike ...


Spending Smart: What Light Bulb Technology Should You Use?

(MCT)—Would a savvy consumer rather pay 40 cents for a light bulb, or $1.75 or $10? ...


Price Transparency Key to Expanding Reverse-Mortgage Market

(MCT)—My last column discussed some modest initiatives my colleagues and I have taken to help enlarge the market for home equity conversion mortgages, or HECMs. These included a monograph on matching HECM options to senior needs, a senior-friendly calculator showing the ...


Owners Spend $1.9 Million to Remodel in Typical Zip Code

Homeowners in the typical zip code area spent a total of $1.9 million to improve their homes in 2013, according to new zip-level estimates developed by the National Association of Home Builders (NAHB). This works out to about $1,400 per owner-occupied home ...


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.” ...