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Home Owner News Archive


Find the Right Home: HomesDatabase.com Unveils ‘Lifestyle Search’

MRIS, the Mid-Atlantic region’s multiple listing service (MLS) marketplace that facilitates $36 billion in yearly sales, has launched a new “Lifestyle Search” feature as a major upgrade and enhancement to its consumer website HomesDatabase.com, the organization has announced. ...


Holiday Household Chore Checklist

Between work, school, the kids and all your regular daily responsibilities, getting your home in order for the holidays can quickly become an overwhelming experience. Peggy Patenaude, a REALTOR® with Prudential Howe & Doherty in Andover, Mass. offers these great tips for getting the job done without over-extending yourself. ...


Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 10.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 4, 2011. ...


Third Quarter Results: Refinancing Homeowners Maintain or Reduce Debt

Freddie Mac (OTC: FMCC) released the results of its third quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house by maintaining or reducing their mortgage debt. ...


Why 20% Downpayments Don’t Always Make Sense (or Dollars)

Despite the “doom and gloom” in today’s headlines, in the current economic climate, homeownership is more affordable than ever, thanks to low interest rates and lower home values. For those buyers who manage to have a 20% (or more) downpayment, they believe this will get them the lowest monthly mortgage ...


First-timers Hang Tough

Despite rumors to the contrary, first-time buyers are alive and kicking, buying houses at virtually the same pace as they were before the first-time homebuyers credit first stimulated demand two years ago. ...


5 Tips for Efficient Downsizing

The organizational benefits of downsizing can be very rewarding. You can save time, restore order, relieve stress, free up space, and perhaps most importantly, save money. ...


3 Tips to Sell Your Home This Fall

As temperatures dip and fall settles in with the promise of winter ahead, home owners need to pay extra attention to certain details in order to set themselves apart from the competition. ...


Renters Outspend Owners on Housing

Renters now spend five percent more of their household budgets on housing costs than do homeowners, and the difference is growing as rents rise. ...


Rand on Real Estate: Should I Take a Short Sale on My Investment Property?

Greg Rand (@gsrand), CEO of OwnAmerica, and host of Rand on Real Estate on 770 WABC, discusses concerns over negative equity on investment properties. Would a short sale be the best way to go? ...


Market Meltdown Boon: Landlords Welcome Strategic Defaulters

A new survey of former homeowners who have walked away from their homes found that their credit was good enough after foreclosure for the vast majority to rent new housing and few were required to make a larger ...


Home Sales Alert: Slow in September but Still Higher Than a Year Ago

Existing-home sales were down in September on the heels of a strong gain in August, but remain well above a year ago, according to the National Association of REALTORS®. ...


Housing Starts Surge in September

(MCT)—New residential construction surged 15 percent in September, turning in its best performance in 17 months, though economists warned that a housing recovery has yet to take hold. ...


Rising Rents Improve Investors’ Returns

With rents rising faster than last year, the picture for residential real estate investors is getting even better than it already was as a result of once-in-a-generation prices and low interest rates, according to the founder of a leading Internet platform for investors and real estate professionals. ...


Houston Home Sales Heat Up

REGIONAL SPOTLIGHT—Houston temperatures finally cooled a bit in September, but home sales remained hot. Sales of single-family homes climbed nearly 17 percent when compared to one year earlier and accounted for the fourth consecutive month of increased sales volume. The prices of those homes achieved all-time highs for a September ...