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Underwater Homeowners Sink Deeper, Even as Home Values Rise

Owners of homes at the bottom of the market are trapped underwater on their mortgages even as the real estate market continues to recover, according to the fourth quarter Zillow® Negative Equity Report. That’s because low-endhomes—the most likely to be upside-down—are losing value. ...


How to Build the ‘Right’ Team

It doesn’t matter what line of work you’re in, what you make, sell or distribute; a successful business cannot run at peak without a great team at its foundation.  That may sound like yesterday’s news and something top entrepreneurs are fully cognizant of, ...


Talking Tech on Main Street: A Conversation with Morris Lyles

Since I’m sure you’ve all heard enough about what I think, we decided to take it to the streets to hear what you think. This month, we sat down with Morris Lyles of ERA Wilder Realty in Columbia, S.C., and picked ...


U.S. Foreclosure Activity at Lowest Level Since July 2006

RealtyTrac® recently released its U.S. Foreclosure Market Report™ for February 2015, which shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 101,938 U.S. properties in February, a decrease of 4 percent from revised January numbers and down 9 percent from a year ...


Four Tools to Maximize Facebook Results

By now, if you’re a real estate professional who isn’t active on social media, you might as well hang up your rotary phone, sit by your typewriter, and write a note by candlelight, because communicating with today’s tech savvy home buyers will be ...


The Secrets to Selling a Second Home

For real estate professionals serving vacation areas, marketing a property is a lot like telling a story: the story of the home, the story of the surroundings, the story of the community. Successfully selling a vacation property is contingent upon a number of ...


Strong Dollar, Continued Investment from Abroad Help Facilitate Overseas Buyers

Seven years on from the Wall Street financial crisis of 2008, when the U.S. economy began to sink into recession, economic recovery has shifted into higher gear. For example, according to Reuters, Q3 2014 saw the economy grow at a 5 percent clip ...


With Quick-Drying REO Market, Time Is of the Essence

Brokers around the nation are seeing different trends in the real estate-owned market, but whether there is a full pipeline of properties being unloaded in your territory or the supply has just about fried, one thing is consistent—there isn’t a lot of time ...


New Report Shows 1.2 Million U.S. Borrowers Regained Equity in 2014

CoreLogic® recently released new analysis showing 1.2 million borrowers regained equity in 2014, bringing the total number of mortgaged residential properties with equity at the end of Q4 2014 to approximately 44.5 million or 89 percent of all mortgaged ...


8 Ways to Locate a Stellar Agent from Egypt Sherrod

For buyers (and sellers!) looking to enter the real estate market, locating the right agent to find their dream home may be a daunting task. Buyers want to find someone with an expertise in their desired area, who will communicate efficiently and have ...


Report Ranks Average Down Payment in 2014 at 14 Percent

RealtyTrac® recently released a report analyzing purchase loan and sales data for single family homes and condos in 2014 in 386 counties nationwide which found that on average across all counties, buyers who purchased a home in 2014 put 14 percent ...


First Mortgage Default Rate Decreases for First Time since July 2014

Data through February 2015, released recently by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, continued to show a slight upward trend, as the second mortgage default rate increased by two basis points to 0.66 percent. The national ...


Renters Feeling Heat from Heightened Housing Costs

The gap between rental costs and household income is widening to unsustainable levels in many parts of the country, and the situation could worsen unless new home construction meaningfully rises, according to new research by the National Association of REALTORS®. ...


Best Neighborhoods for a St. Paddy’s Day Pub Crawl

Grab your gold, put on your green, hope for luck and head to one of these ZIP codes to find a pub. In the spirit of St. Patrick’s Day, RealtyTrac® partnered with enterprise data and analytics company Acxiom® to uncover ZIP codes throughout ...


New Trend Shows Positive Signs for Homebuyers

Renewed interest in housing counseling is revealing that many are considering homeownership as a possibility for the first time. More than 73,000 people received housing counseling from National Foundation for Credit Counseling® (NFCC) member agencies during 2014, making it the highest volume experienced ...


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