Jun 11, 2012
FHA Hopes Bulk Sales Will Curb Foreclosures The Federal Housing Administration announced it will begin selling off distressed mortgages in bulk, which may help prevent foreclosures for thousands of home owners. Beginning in September, FHA says it hopes to sell 5,000...
Jun 8, 2012
More Americans Expect Home Prices to Rise More Americans are optimistic that home prices will inch up over the next year, with expectations that prices will rise at least 1.4 percent in that timeframe. That marks the highest amount ever recorded in Fannie Mae’s...
Jun 7, 2012
Once-Battered Market Now Price-Gain Leader The Phoenix housing market, which was flooded with foreclosures and underwater home owners and saw home values dip greatly during the housing crisis, is coming back strong. Home values in metro Phoenix and the rest of the...
Jun 6, 2012
The Cache-Rich Association of REALTORS® is now on Twitter! Now agents can receive important updates from the CRAR via a text message to your phone through Twitter’s “Fast Follow.” YOU DO NOT NEED A TWITTER ACCOUNT TO SIGN UP! You simply need to...
Jun 5, 2012
Is Housing Slowly Turning to a Seller’s Market? It’s been mostly a “buyer’s market” in the majority of housing markets for the past few years, but more Americans are seeing home buyers’ power in home sales and negotiations soon slipping away....
Jun 4, 2012
Gulf Between Good Faith Estimate and Actual Closing Costs Troublesome A home buyer gets ready for settlement day only to discover right before the “Big Day” that they are going to have to bring a lot more cash to close the deal than they originally thought. The...