January 27, 2012

Selling a Home That Needs Repair

Selling a Home That Needs Repair
Home sellers who have homes in need of serious repair can find a slow market to be their worst enemy. When a housing market favors buyers, buyers want to truly have their pick of inventory, and get used to finding great deals on homes that are in pristine condition. Most buyers don’t want to be bothered with fixer uppers, especially when they can see many homes that are in move in condition for the same price.

Home construction up, building permits fall

Home construction up, building permits fall
Construction of new homes rose more than expected in April, but new building permits fell sharply, signaling that the building industry’s rebound could be short-lived.


ConstructionBusinessConstruction and MaintenanceBusiness and EconomyConsulting

Housing index hits highest level since 2007

Housing index hits highest level since 2007
U.S. homebuilders are growing more optimistic about their fortunes, with many expecting improved sales and customer traffic in coming months despite the end of homebuyer tax incentives.

Home prices stabilize in 60% of U.S. cities

Home prices stabilize in 60% of U.S. cities
Home prices rose in nearly 60 percent of U.S. cities in the first quarter of this year, as the housing market started to stabilize thanks to billions of dollars in federal spending.


United StatesReal estate pricingReal estate economicsReal estateBusiness

Foreclosures fall in most of top metro areas

Foreclosures fall in most of top metro areas
Foreclosure activity fell in 14 of the top 20 U.S. metropolitan areas in the first quarter compared with a year earlier, even though total U.S. foreclosures rose, RealtyTrac said on Thursday.


RealtyTracUnited StatesForeclosureHomeShrubs

Why Green Housing Is Needed

Why Green Housing Is Needed
When you think of living green, you may consider the major impact on the environment made by our gas guzzling SUVs and sports cars. However, did you know that the majority of the issue with our environment comes from our houses and offices?

Instability in Financial Markets Overseas Lowers Mortgage Rates Here

Instability in Financial Markets Overseas Lowers Mortgage Rates Here
Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.78 percent with an average 0.7 point for the week ending May 27, 2010, down from last week when it averaged 4.84 percent. Last year at this time, the 30-year FRM averaged 4.91 percent. The 30-year FRM has not been lower since the week ending December 3, 2009, when it averaged 4.71 percent.


Instability in Financial Markets Overseas Lowers Mortgage Rates Here

Instability in Financial Markets Overseas Lowers Mortgage Rates Here
Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.78 percent with an average 0.7 point for the week ending May 27, 2010, down from last week when it averaged 4.84 percent. Last year at this time, the 30-year FRM averaged 4.91 percent. The 30-year FRM has not been lower since the week ending December 3, 2009, when it averaged 4.71 percent.


Ebbing foreclosure filings hint at plateau

Ebbing foreclosure filings hint at plateau
Foreclosure activity fell in April as lenders repossessed homes at a record pace but started far fewer new actions against struggling homeowners, signaling a plateau in loan failures, RealtyTrac said on Thursday.


ForeclosureRealtyTracBusinessReal estateLoan

Simple Way to Grow Healthy Lawn

Simple Way to Grow Healthy Lawn
Landscape is one of the first things buyers see when they’re shopping for a home. That can be good or bad depending on the home’s curb appeal. If there’s a green, well-maintained lawn, it’s an indication that the inside of the home is likely equally cared for.