Daily Real Estate News 2.22.2012

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....

Daily Real Estate News 2.21.2012

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...

Daily Real Estate News 2.17.2012

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...

Daily Real Estate News 2.16.2012

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,...

Daily Real Estate News 2.15.2012

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...

Daily Real Estate News 2.14.2012

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....