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Home Owner News Archive


Oil-Heating Basics and Maintenance

RISMEDIA, January 18, 2011—In most areas of the country, it’s the time of year where you’re making frequent visits to your heat dial, to turn it up. Many homes, both new and not-so-new, have an oil-heating system working hard on the far side of that thermostat.


Housing Industry Readies Mortgage Tax Break Fight

RISMEDIA, January 18, 2011—(MCT)—The housing industry is girding for a fight in Congress to protect the mortgage interest deduction, along with a number of other housing-related tax breaks. The National Association of Home Builders is putting a high priority on lobbying in favor of


Builders Expect Home Sizes to Keep Shrinking

RISMEDIA, January 18, 2011—(MCT)—Homebuilders are thinking smaller. They've cut the average size of new houses and expect it to shrink more over the next few years. "Most builders will build smaller and lower-priced homes in 2011," said Rose Quint, a researcher with the National


Short Sales: Focus on What You Can Control

RISMEDIA, January 15, 2011—Everyone involved in a short sale has some accountability for successes and failures at each stage of the process. Regardless of where fingers are currently pointing, there’s good reason for real estate agents to take a long, hard look at whether they’re helping or hindering progress. Just two years ago, short sales were a niche market. Only a fraction of homeowners in distress were even aware of foreclosure alternatives, let alone that there were agents trained to assist them.


HUD Awards 127 Million Dollars in Grants to Protect Thousands of Children from Lead and Other Home Hazards

RISMEDIA, January 15, 2011—The U.S. Dept. of Housing and Urban Development awarded nearly $127 million in grants to 48 local projects to conduct a wide range of activities intended to protect children and families from potentially dangerous lead-based paint and other home health and safety hazards. The grant funding will clean up lead and other health hazards in more than 11,000 homes, train workers in lead safety methods, and increase public awareness about childhood lead poisoning.


California Bucks National Foreclosure Trend in 2010

RISMEDIA, January 14, 2011—(MCT)—Fewer Californians grappled with foreclosure last year, bucking a national trend and giving homeowners fresh hope that the state's housing market could be on the mend. The 14% drop in foreclosure activity contrasted with a 2% rise nationally,


5 States Where Housing Is Predicted to Recover the Quickest

RISMEDIA, January 14, 2011—(MCT)—Housing will rebound moderately in 2011, economists at the International Building Show here are predicting, and should gain even more steam in 2012. But the recovery in home building and home sales will vary widely from one part of the country to another, with the states that had the most success during the boom times of the past decade being the last to come back from their historic bust, according to an analysis from the Portland Cement Association, a national trade group.


RealtyTrac Releases Year-End Foreclosure Report

RISMEDIA, January 13, 2011—RealtyTrac, a leading online marketplace for foreclosure properties, released its Year-End 2010 U.S. Foreclosure Market Report, which shows a total of 3,825,637 foreclosure filings—default notices, scheduled auctions and


Institute Unveils Tips to Help Homeowners and Buyers Avoid Appraisal Problems

RISMEDIA, January 13, 2011—The Appraisal Institute released helpful tips for consumers, providing guidance for homeowners and buyers seeking to ensure their sales are completed in a timely manner. As one of the nation’s largest professional associations of real estate appraisers, the Appraisal Institute created the helpful tips to let consumers know how to protect themselves and how to avoid unnecessary frustration when selling or buying a home.


CoreLogic Home Price Index Shows Decline for Fourth Straight Month

RISMEDIA, January 12, 2011—CoreLogic, a leading provider of information, analytics and business services released its November 2010 Home Price Index (HPI) which shows that home prices in the U.S. declined for the fourth month in a row. According to the CoreLogic HPI, national


Rental Resurgence: Owners of Vacation Rentals Optimistic About Their Rental Business in 2011, According to New HomeAway Report

RISMEDIA, January 12, 2011—As leisure travel continues to rebound, owners of vacation rentals are expressing optimism about their bookings in 2011. In fact, HomeAway, Inc.—one of the world's leading online vacation rental marketplaces—finds in its latest "HomeAway Vacation Rental


2011 Housing Market to See Stable Pricing, Increased Mortgage Rates and Escalating Foreclosures

RISMEDIA, January 11, 2011—The federal tax credit extension, coupled with an uptick in seasonal buying, helped keep the real estate market on its tracks in the first two quarters of 2010, according to RE/MAX of New England. Single-family home sales across New England showed the


Energy Efficiency at Home and On the Go Can Ease Pain of Cold Weather, Advises Alliance to Save Energy

RISMEDIA, January 11, 2011—Winter's chill pervades much of the nation, and escalating gas prices are putting their own chill down the spines of U.S. consumers. But until the spring thaw arrives, simple energy-efficiency steps at home and on the road—potentially supplemented by federal income tax credits for specific energy-efficiency home improvements—can take the sting out of high energy bills, says the Alliance to Save Energy.


Study Predicts What’s in Store for Former Real Estate Boom Towns

RISMEDIA, January 10, 2011—(MCT)—In former home-building hot spots, the housing bust has created a new kind of declining city, different from the nation's traditional rusting centers of industry that could languish for years.


Study Analyzes Recession’s Impact on Real Estate Markets in Cities in Midst of Economic Decline

RISMEDIA, January 8, 2011—The Great Recession of 2007 to 2009 created new declining cities, and posed further difficulties for cities already in decline. Some cities may not re-attain home price peaks for many years, and we could see some neighborhoods cease to be viable economically, according to a study recently released from the Mortgage Bankers Association (MBA).



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