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Today’s Top Story – Consumer Archive


Treasury to Announce Big Changes to HAFA Program

The U.S. Treasury Department will be making some changes to the HAFA Program in 2013, and as a real estate professional, these changes will affect short sales in your local market. ...


More Americans Believe Economy Headed in Right Direction

Despite continued uncertainty surrounding the fiscal cliff, Americans are showing increased confidence in the housing market and the direction of the economy. According to results from Fannie Mae’s November 2012 National Housing Survey, such improvement bodes ...


Unemployment in U.S. Falls to 7.7 Percent

(MCT)—The nation’s unemployment rate dropped from 7.9 percent to 7.7 percent last month — the lowest in nearly four years — as businesses added another 146,000 jobs, the Labor Department reported Friday morning. ...


The Foreclosure Iceberg Is Slowly Melting

CoreLogic reported Monday that October prices that exclude distress sales rose only 5.8 percent while prices that include distressed sales increased on a year-over-year basis by 6.3 percent in October 2012, the biggest increase since June 2006 and the eighth ...


Number of Improving Housing Markets Surges to 201 in December

The number of housing markets considered “improving” according to parameters established by the National Association of Home Builders/First American Improving Markets Index (IMI) surged by 76 to a total of 201 metros in December, according to recently release IMI data. ...


Hot Property: Sharon Stone Sells Beverly Crest Compound for $6.575 Million

(MCT)—Actress Sharon Stone has sold a compound in the Beverly Crest, Los Angeles area for $6.575 million. ...


Recovery Risks: Fiscal Cliff and the Winter Face Off

Recently, Clear Capital released its Home Data Index™ (HDI) Market Report with data through November 2012. The HDI Market Report uses a broad array of public and proprietary data sources providing the most timely and relevant analysis available, and the ...


The Consumer’s Search for Excellence

Twenty speaking events in the last 45 days has created not only a lot of SkyMiles, but has given me the opportunity to have at least twenty real estate-related conversations while flying between events. As I began this series of ...


Mortgage-Interest Deduction Could Fall Prey to Revenue Needs

(MCT)—As Congress looks for new sources of revenue to deal with the looming “fiscal cliff,” a popular ingredient of the American dream could be on the chopping block. ...


Consumer-Centric Search Options Change the Typical House Hunt

To give today’s buyers what they want in a home, you must first understand what they want in a location. Coldwell Banker’s new “Best Places to Live” campaign is pioneering a new lifestyle-based style of home searching, highlighting the idea ...


NewPoint Media Group Launches Catalog Challenge with $1,000 Prize

While some view the printed catalog as a dinosaur lumbering quietly into extinction, retailers have reinvented the catalog shopping experience to amplify their overall sales strategy this holiday season. ...


Shooting for the Edit: Getting Good Coverage

When I say the word coverage, I absolutely do not mean your cell reception. Put your phone away and pay attention to the star here for a minute. Coverage here refers to the amount of footage you shoot of your ...


Next Generation Buyers: Savvy, Sophisticated and Ready to Buy

If you want to know who will push the economy forward in coming years, look no further than Generations X and Y. The Generation X and Y age group, ranging from 18-48 is 103 million strong making them a group ...


Relaxing Retirement Markets Near Your Urban Kids

If you’re retired or nearing retirement, this may sound familiar: Your kids thrive on the hustle and bustle of city life but you have been there, done that. With family connections in mind, ERA Real Estate pinpointed five markets close ...


Existing-Home Sales Rise in October with Ongoing Price and Equity Gains

Sales of existing homes increased in October, even with some regional impact from Hurricane Sandy, while home prices continued to rise due to lower levels of inventory supply, according to the National Association of REALTORS®. ...


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