Feb 22, 2012
Mortgage Bills May Soon Be Simpler to Grasp The Consumer Financial Protection Bureau has proposed a standardized mortgage statement that sets out to make it easier to understand the information about your loan on one page....
Feb 21, 2012
Housing Inventories Drop, List Prices Rise In a growing number of housing markets, sellers are facing less competition now compared to a year ago. Inventory of for-sale homes has dropped by about 23 percent compared to this time last year, and fell by 6 percent alone...
Feb 17, 2012
Housing Affordability Reaches New Records Housing affordability rose to a record high during the fourth quarter of 2011, which means a home buyer’s purchasing power is greater than it ever has been before, according to the National Association of Home Builders/Wells...
Feb 16, 2012
Foreclosures Pick Up Pace, Banks Work Through Glut Foreclosures increased again in January as banks continued to work through a large backlogs of defaulting loans in their books, RealtyTrac reports. The number of foreclosure filings — including default notices,...
Feb 15, 2012
Survey Reveals Qualities of Agents Who Make $100k or More Real estate professionals who earn $100,000 or more per year show quite a few differences in how they do their job and the technology they use compared to real estate professionals who make $30,000 to $50,000 a...
Feb 14, 2012
Save a Home by Turning It Into a Billboard? Home owners in a Los Angeles suburb are getting their nearly $2,000 monthly mortgage paid for by allowing their home to be turned into a massive billboard, painted in orange and green....