Daily Real Estate News 4.24.2012

Low-ball Offers a Thing of the Past? Last year, 10 percent of REALTORS® complained about receiving low-ball offers on listed homes — offers usually submitted by the buyer for 25 percent or more below the list price, according to a National Association of REALTORS®...

Daily Real Estate News 4.23.2012

REALTOR.com Cracks Down on Listing ‘Scraping’ More real estate professionals have become concerned about the unauthorized use of their listing data, also known as “scraping.” REALTOR.com recently announced several efforts to prevent the...

Daily Real Estate News 4.20.2012

Having Good Schools Nearby Improves Home Values Living near a high-scoring public school district can raise home values $205,000 higher compared to homes located in neighborhoods with low-scoring school districts, according to a new study by Brookings Institution....

Daily Real Estate News 4.19.2012

Short Sales Start to Outpace Foreclosures Banks are agreeing to more short sales, and for the first time,  short sale transactions are exceeding foreclosure deals, according to the most recent housing data from Lender Processing Services (LPS) Inc....

Daily Real Estate News 4.18.2012

Speed Up Short Sales, FHFA Directs Servicers The Federal Housing Finance Agency announced a new policy to speed up the process that mortgage servicers use to handle short sales, deeds-in-lieu, and deeds-for-lease for mortgages that are backed by Fannie Mae and Freddie...

Daily Real Estate News 4.17.2012

Inventory of For-Sale Homes Posts Big Drop The nationwide inventory of residential homes for-sale dropped 21 percent in March compared to a year ago, according to newly released housing data from Realtor.com, tracking 146 metro markets....