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Home Owner News Archive


10 Ways to Get the Best of Winter When Selling Your Home

If your home will be for sale this winter, it is important to master certain seasonal issues that are less significant or even non-existent at other times of the year. Here are 10 bits of sage advice from RE/MAX agents ...


Hispanic Leaders: Latinos Account for More Than Half of Recent Growth In Nation’s Homeownership Rate

Leaders of the National Association of Hispanic Real Estate Professionals say the accelerated growth rate of Hispanic homeownership reported in the 2011 third quarter Census numbers are evidence of the potential purchase power of Latinos in the housing recovery. Census figures show the Hispanic homeownership grew by 288,000 units, accounting ...


Loan Modification is Stressful; Know Your Options

When the Obama administration rolled out the Home Affordable Modification Program (HAMP) in 2009, officials estimated 3 to 4 million borrowers would seek relief from their mortgages through the program amidst the worst recession and housing market collapse in decades. ...


Investor Sales Surge

Low home prices and strong demand for rental properties are causing a surge in investor buying, driving up the market share of homes purchased by investors. ...


Study Examines Impact of Social Networks on Homeowners Decision to Default

Unemployment and other factors have caused many homeowners to involuntarily default on their mortgages. At the same time, falling home prices, the possibility of being underwater for many years and advice from certain influencers, or "mavens," may have encouraged others ...


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? ...


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