According to a recent report by Capital Economics, homeowners with negative equity have been helped by rising home prices. Economists are hopeful that negative equity will continue to shrink in the coming months, assisting those who are underwater in their homes. The report states, “The negative...
Most people know just how important their credit score is, especially when it comes to purchasing a big ticket item like a car or house. But a new report finds that U.S. consumers are overlooking their credit reports. The report released by the Consumer Financial...
Last year, one of the country’s largest real estate brokerages said they were pulling their listings from national real estate portals like Realtor.com and Trulia. Their gripe? The advertisements that almost seem to compete with the listings. These advertisements pay the bills for third-party listing...
The National Association of Realtors® recently reported that existing home sales rose to a seasonally adjusted rate of 4.79 million in October, and that sales were up 10.9% year-over-year. Additionally, thanks to strong demand from interested buyers, the median home price nationwide increased to $178,600...
We have just come off the biggest shopping weeks of the year, and while many people were stocking up on electronics, jewelry, and other gifts, most people didn’t spend their Cyber Monday house hunting online. But perhaps some attention should be paid to the real...
The Federal Housing Finance Agency (FHFA) recently reported that in August 2012, close to 99,000 home owners utilized the HARP program (or Home Affordable Refinance Program) to refinance their mortgages. FHFA says part of HARP’s attraction is record-low mortgage rates and program enhancements that included...
It wasn’t until recently that Zillow made information available to home buyers about pre-foreclosure and foreclosure properties. But according to the online real estate site, 55% of home buyers have expressed an interest in purchasing a foreclosure property, and now 1.2 million pre-foreclosure and foreclosed...
Mobile devices such as Android, iPhone and iPad have changed the lives of Realtors, brokers and sales agents alike. They can take their office on the road, and now for the first time, their MLS too. With MLS Touch, real estate professionals have access to everything...
Where did the year go? Thanksgiving is closing in, and it will be followed closely by the end-of-year holidays. At this time of year, it’s important to ready your home for the holidays. People tend to drop by, you may be hosting parties, and the...
With the end of the fiscal year on September 30th, VA loans--those that are backed by the Department of Veteran Affairs--rose more than 50%. VA loans have risen in popularity with current and former military members because of tighter credit standards on conventional financing and...
