Five Surprising Reasons to Buy a Home Now
Low mortgage rates, good inventory, and attractive borrowing options are among the many reasons why buyers should act now.
Categories: Realtor News
Pending Home Sales Ease After Tax Credit
NAR Chief Economist Lawrence Yun says home-sales activity could slow in the coming months before picking up at the end of the year.
Categories: Realtor News
Retail Developments More Acceptable
According to a study by Saint Consulting Group, residents would embrace new commercial complexes in their local towns in hopes of helping the economy.
Categories: Realtor News
Stop Missing Your Marketing Target
You're probably missing the mark when you send just-listed and just-sold marketing pieces to the prospects in your database, according to Shannon Williams King, co-founder of Schoolhouse Realty in Solana Beach, Calif.
Categories: Realtor News
'Strategic Defaults' Can Damage Credit for Years
Walking away from a mortgage might seem to make financial sense today, but borrowers who do it may have credit problems for several years.
Categories: Realtor News
Builders Predict Show Attendance Will Be Off
Planners of the International Builders' Show, which usually draws at least 100,000 attendees, project that attendance for this year's event may be down as much as 40 percent.
Categories: Realtor News
Ex-Treasury Head: Dismantle Fannie and Freddie
Former Treasury Secretary Hank Paulson called for replacing the government-sponsored enterprises and dramatically reducing the FHA's role in mortgage finance.
Categories: Realtor News
Home Price Drop May Trigger Second Recession
If home prices fall further, it could cause a double-dip recession, former Fed chief Alan Greenspan warns.
Categories: Realtor News
Homeownership Rate Likely to Fall More
Some experts believe the national homeownership rate will fall to near record lows, while others believe purchase of foreclosures by consumers and investors will slow the decline.
Categories: Realtor News
Luxury Rental Owners Turn to Section 8
Landlords who have high-end properties in hard-hit areas are renting them to Section 8 tenants to get government-guaranteed returns.
Categories: Realtor News
Wanted: Your Hot Marketing Tools
How do you get the most out of your marketing techniques?
Categories: Realtor News
Court Orders Home Returned to Soldier
In a court-ordered settlement, the house of a soldier serving in Iraq was returned after his homeowner association foreclosed on it due to failure to pay fees.
Categories: Realtor News
Demand Strong for Well-Prices Homes
Lower housing prices means greater consumer interest, which generates more sales.
Categories: Realtor News
NAR: More Credit Needed for Commercial Market
A strong commercial real estate sector, which helps keep the broader economy robust, depends on access to credit, NAR told members of Congress.
Categories: Realtor News
Recalculation Discovers Deeper Recession
After reassessing the downturn between 2007-2009, economists find it was more severe than they originally thought.
Categories: Realtor News
Record Lows Continue for Mortgage Rates
The average rate for 30-year mortgages fell to 4.54 percent this week, down from 5.25 percent a year ago.
Categories: Realtor News
Renting Unsold Property May Be a Good Move
If owners are having trouble selling a property, they might want to rent it out if they think values will recover in a few years.
Categories: Realtor News
33,000 Media Outlets to Promote HAMP
The federal government's home loan modification program stands to get a big boost in awareness.
Categories: Realtor News
Congress Restores Rural Mortgage Help
Popular mortgage help for buyers who live outside of urban areas goes to President Obama for signature.
Categories: Realtor News
Fannie Mae: No More Overly Easy Loans
Tougher lending standards are crucial for getting mortgage financing back on a strong, healthy footing, says secondary mortgage market company head.
Categories: Realtor News