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Home Owner News Archive


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 ...


Mortgage Interest Deduction a Must for Middle Class

Eliminating or curtailing the mortgage interest deduction would have a disproportionate impact on younger, middle-class families, who would see their ability to become home owners significantly diminished, with sober implications for their longer term financial prospects, the National Association of Home Builders (NAHB) told Congress recently. ...


Op Ed: Executive Action to Ease Foreclosure Crisis?

(MCT)—The following editorial appeared in the San Jose Mercury News on Wednesday, Oct. 12: ...


5 Things You Need to Know to Sell a Home That’s Underwater

More and more people are in over their heads when it comes to their home. In this tough economy, many have fallen behind on their mortgages and don’t know where to begin to rid themselves of the property that they ...


Spooky Fears Haunting Consumers?

Consumers don’t plan to buy homes anytime soon because they think prices will fall farther next year, mortgage rates will stay low for a long time and they’re very worried about their personal financial situation. ...


DC Metro Sold Prices Highest in September in 4 Years

REGIONAL SPOTLIGHT—An analysis of the Washington, D.C. Metro Area housing market, prepared by RealEstate Business Intelligence (RBI), based on the September 2011 RBI Pending Home Sales Index™ was released recently. ...


Real Estate Hot Spots: Number of Improving Housing Markets Nearly Doubles in October

The second edition of the National Association of Home Builders/ First American Improving Markets Index (IMI), released recently, shows 23 individual housing markets now qualifying as "improving" under the new gauge's parameters. This is nearly double the 12 housing markets ...


‘Do No Harm:’ Preserving Home Ownership Tax Benefits Vital to Housing Market

National Association of REALTORS® President Ron Phipps recently released the following statement about the mortgage interest deduction, and bringing stability to the market. ...


As Mortgage Rates Dip Lower, Homeowners Should Consider Refinancing

Rates were already low at the start of the quarter, but following the Fed's announcement last week, the national average rate on a traditional 30 year fixed rate mortgage has inched lower. Informa Research Services, a subsidiary of Informa plc (LSE: INF), encourages qualified homeowners to take advantage of low ...


Not All Home Inspections Are Made Equal

A home inspection is a crucial component of making a smart home-buying decision. According to Jay Gregg, director of marketing for Pillar To Post, not all home inspections are equal. Gregg, who has experience in home inspections, sales marketing and as a previous Pillar To Post franchisee, believes Pillar To ...


REALTORS® Call for Increased Lending

Increased lending to creditworthy homebuyers and more loan modifications and short sales are necessary to reduce the rising inventory of foreclosed homes and help stabilize and revitalize the housing industry and economy, according to the National Association of REALTORS®. ...


Homeowners Expectations Low for 2012

Homeowners are growing even more pessimistic about the potential short- and long-term values of their homes. ...


Bathroom Remodeling on a Budget

Bathroom renovations have become extremely popular in recent years. Many consumers choose to renovate their bathroom before any other room; not only is the bathroom a major focal point when it comes time to sell, but square footage is limited and depending on the plans, the cost can be affordable—especially ...


Household Debt Drops for 12th Straight Quarter

Household debt declined by a seasonally adjusted annual rate of 0.6%, dragged lower by a 2.4% decline in mortgage debt as consumers took out fewer mortgages, paid off or had debts forgiven, the Federal Reserve reported in its voluminous flow-of-funds ...


Realogy CEO to Address Senate Subcommittee on the State of the U.S. Housing Market

Realogy Corporation, a leading provider of real estate and relocation services, announced that Richard A. Smith, its president and CEO, has been called upon to testify before the Subcommittee on Housing, Transportation and Community Development of the United States Senate Committee on Banking, Housing and Urban Affairs. In his remarks, ...


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