Mar 1, 2012
Short Sales Rise, More Banks View it as a Better Option Banks are more willing to agree to a sale at a lower cost than a home owner’s mortgage balance in order to avoid having the property fall into foreclosure, which can be more costly for a lender....
Feb 29, 2012
Sellers Willing to Do More to Get Home Sold Real estate pros are reporting that sellers are more willing this year to price their homes competitively as well as change the appearance of their home in order to lure buyers, according to a survey of 600 agents conducted...
Feb 28, 2012
FHA Hikes Fees on Mortgages Home buyers with mortgages backed by the Federal Housing Administration will soon see a rise in fees, the agency announced Monday. The agency is raising its fees in an effort to try to recoup some of its depleted reserves*, which suffered...
Feb 27, 2012
Metros Likely to Have Biggest Job Gains by 2020 Employment nationwide is expected to rise about 14 percent by 2020, according to Bureau of Labor Statistics. Some metro areas are expected to see bigger growths in the job market than others, which could prove well for...
Feb 24, 2012
Could Rising Rents Bump Up Home Sales? Home sales may get a boost from the rising prices occurring in the rental market, which is making it cheaper to own rather than rent in a growing number of cities....
Feb 23, 2012
Home Sales on the Rise: Ready for Spring Buying Season? Existing-home sales rose 4.3 percent in January to a seasonally adjusted annual rate of 4.57 million, marking the third gain for home sales in the last four months, the National Association of REALTORS® reports....