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Zillow Chief Economist, HUD Secretary Talk Housing Following SOTU, Castro Calls 2015 'Year for Housing Opportunity'
By Paige Tepping
Following on the heels of President Barack Obama’s second-to-last State of the Union Address, during which he made a passing reference to the changes made at the Federal Housing Administration (FHA), ...
U.S. Home Values Gain $1.7 Trillion in Value in 2014
The total value of all the homes in the United States is expected to end 2014 at $27.5 trillion, a 6.7 percent increase from last year and the third consecutive overall increase, according to Zillow. Homes lost $6.1 trillion in value between December 2006 and December 2011.
The cumulative ...
Renting Less Affordable than Buying - Except for where Millennials Are Moving
By Maria Patterson
RealtyTrac VP discusses outlook for first-time homebuyers
Last week, housing-data giant RealtyTrac® (http://www.realtytrac.com/) released an analysis of fair market rents and median home prices in more than 500 U.S. counties, which shows that ...
Fixed Mortgage Rates Slide
The results of a recently released Freddie Mac Primary Mortgage Market Survey® (PMMS®), showed that average fixed mortgage rates slightly down from the previous week with the 30-year fixed-rate mortgage dipping just below four percent.
"Fixed mortgage rates were slightly down as housing starts declined ...
The Complete Steps to Flipping a House
By David Glenn
For those who are interested in making a profit after buying a property, flipping houses is a common practice that works to improve and update a structure before selling your home for a higher value.
Many people find that the time and effort put into the property can be a challenge, but can ...
More Remodelers Now Report Labor Shortages
By Paul Emrath
If I were a carpenter… I’d have an easy time finding a remodeling business that wanted to employ me in many parts of the country, according to a recent NAHB survey.
The survey is the one used to generate NAHB’s Remodeling Market Index (RMI). The RMI survey for the 3rd ...
6 Seemingly Smart Moves That May Ruin Your Remodel
By Darryl Crosby
You are dying to get an updated home, and you are very excited for the remodeling process to begin. But you aren’t naive. You have heard the horror stories about renovations, and you intend to make yours go smoothly. So you have done your homework, dotted your i’s and ...
Freddie Mac 2014 Third Quarter Refinance Report
Freddie Mac recently released the results of its third quarter 2014 quarterly refinance analysis, showing the share of borrowers who are tapping their equity by cashing out at the time of refinance has doubled from the same quarter last year as a result of broad-based house price appreciation. ...
Don't Get Distracted in The Excitement or Fog of Home Buying
By John Voket
Once a prospective purchaser has found a house that seems to be “just perfect,” the tendency is to want to close the transaction right away and move in. But before you are lost in the fog of buying a new home, heed this valuable advice from the Piedmont ...
Staging Mistakes that Will Sabotage Your Home Sale
By Deanna Lawley
According to the Real Estate Staging Institute, a staged home sells 70 percent faster than a non-staged home. Are your listings staged to sell? Or are you sabotaging the sale? Expert stagers share the most common staging mistakes below. Help your sellers avoid these mistakes so ...