Don’t Get Too Excited: The Real Estate Market Is Shifting Again
A recent study shows that list prices seemed to slip back down to last year’s mark. Although the overall upward climb continues for the real estate market, it looks like there might be a temporary...
View ArticleHome Builders Are Back!
As foreclosure fall, and home prices rise the number of homes being built has continued to rise. The number of homes built rose to it’s highest level in October. According to CNN Money’s Article “Home...
View ArticleGrowing Demand With Limited Inventory
The current home sales for this year rose to a rate of 4.79 million. That is about 2.1% higher then the home sales in September. The Real Estate Market is shifting still, and now it’s shifting in the...
View ArticleFHA Financing 90-day Standard Extended
The FHA has been trying to prevent investors from purchasing run down homes for low prices and flipping them with no repairs for a large profit. The Federal Register Notice wanted to help stabilize...
View ArticleHouse Flippers: Increase Your Profits
Although house flipping isn’t as easy as it is made out to seem, the benefits can outweigh the negatives. Choosing the wrong contractor or choosing the wrong finishes costs you more money. Paying too...
View ArticleHousing Market Rebound Won’t Hurt House Flippers
The rebound of the Real Estate market has put fear in many house flippers. They are afraid that there will be no more need for flipping houses as the number of REOS and foreclosures decrease. It’s not...
View ArticleIs Energy Efficiency Important To Investors?
According to Realtor Magazine, YES! More than 80% of investors that took their survey said they want energy efficient windows, energy efficient appliances, and less open space. Energy is seems to be...
View ArticleIs The Housing Market On The Path Back To Recovery?
According to Inman.com three key factors have made an impact on bringing America’s housing market back to the path of recovery compared to last year. Home sales are up, residential construction is...
View ArticleOne Third Of Homebuyers Have Misconceptions About Mortgages
Many homebuyers have misconceptions when purchasing their first home. The most popular misconceptions involve needing a 5% down payment, using the lender that has already pre-approved a mortgage, and...
View ArticleForeclosures Are Returning To Normal Levels
The amount of foreclosures in the United States is dropping compared to recent years. Lenders are beginning to help borrowers who are struggling with their mortgages by lowering their rates and...
View ArticleThe Amount Of Short Sales Decreasing With Rising Real Estate Prices
Homeowners in distress may have motivation to hold on to their properties longer to hopefully not end up underwater. The price of foreclosure properties are going up faster than properties that are not...
View ArticleThe Pendulum Is Off The Stop
Need help finding sellers of privately owned vacant houses? With the changing real estate market across the country more and more of the best and most profitable deals in your area will be vacant...
View ArticleNo Bubble-Like Housing Boom Now: Former Pulte CEO
Prices are unlikely to return to the boom times that led up to the 2006 peak even though the housing market is making a moderate recovery. According to CNBC.com because mortgage lending standards are...
View ArticleThousands of Borrowers to Get Mortgage Payments Reduced
Hundreds of thousands of struggling borrowers could be in for a pleasant surprise: a quick and easy way to get their mortgage payments back on track. Streamlined Modification Initiative will help...
View ArticleRising Mortgage Rates Could Push Up Housing Demand
More Americans may rush to buy a home in order to capitalize on the favorable housing market. According to Inman News.com more prospective home buyers may decide to purchase a home now while housing...
View ArticleBuyers Use Larger Down Payments to Offset Rising Rates
New home buyers are making larger down payments to make mortgage payments more affordable according to a recent survey with Lending Tree. According to RealtorMag.org prospective home buyers expect...
View ArticleForeclosures Down 29% From Year Ago
With home prices increasing and the housing market picking up the foreclosure rates are steadily falling. According to RealtorMag.org, in May home foreclosures are down 27 percent from a year ago....
View ArticleMortgage Rates Move Higher
On the back of a positive jobs report, mortgage interest rates are up this week. According to Inman News.com rates on 30-year fixed-rate mortgages averaged 4.51 percent with an average point of 0.8...
View ArticleSigns of a Housing-Market Falloff as Mortgage Rates Rise
There is a sense of urgency to buy now before mortgage rates go higher. According to AOL Real Estate.com, Mark Hanson is predicting a 19 percent jump in contract cancellations for the home builders...
View ArticleHousing Inventories Rising Faster Than Usual
In June the housing market rose to the highest level in the past year. After two years of the housing market decline, the market is starting to reverse. According to realtormag.org the inventory of...
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