“We estimate that the time to complete a short sale will decrease by approximately 50 percent to 75 percent,” says a Freddie Mac executive about the new short sale guidelines that took effect in November.
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Forget the myth that winter is a bad time to sell real estate. This year, in particular, the winter months can be a perfect time to sell a home, real estate pros say. Here’s why.
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Banks cashed in on mortgages last year, reporting record earnings on mortgages in 2012.
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For the third consecutive week, mortgage applications rose, even as mortgage rates inched up slightly, the Mortgage Bankers Association reports.
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“This game represents the last great American campfire,” according to Century 21’s chief marketing officer about the role “home” plays in Super Bowl viewing habits.
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The effects of the financial crisis have slowed homeownership among younger households as tight lending requirements and foreclosures have created a waiting pattern.
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