Monthly Archives: August 2014

Pending Home Sales Increased in July

Pending home sales mostly increased across the country during the month of July, with all regions except for the Midwest experiencing contract signing gains. The National Association of REALTORS®’ Pending Home Sales Index, which is based on pending sales of … Continue reading

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Three Tips For Nailing The Perfect Asking Price

Determining the perfect asking price involves psychological reasons as much as practical reasons, The Wall Street Journal reports. “When you set a list price, you’re sending a signal to the market,” says Michael Seiler, professor of real estate and finance … Continue reading

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Friendly Neighborhoods Reduce The Risk Of A Heart Attack

Friendly neighborhoods reduce the risk of a heart attack. Knowing your neighbors may be good for your heart — and not just emotionally — according to a new study by psychologists at the University of Michigan. The more social connections … Continue reading

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Multitasking Is Making You Stupid!

You may want to stop secretly scanning your e-mail messages as you talk with your client on your phone. A new study shows that multitasking with electronic media can make you stupid.                               In fact, researchers at the Institute of Psychiatry … Continue reading

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Mortgage Rates At A New Low

Despite predictions that mortgage rates were to inch up in the second half of this year, fixed-rate mortgages continue to tumble.                  Borrowing costs moved lower this week, as the 30-year fixed-rate mortgage dipped to a 4.10 percent average, Freddie Mac … Continue reading

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Spring Housing Market Strongest In 3 Years

July housing market data shows that price appreciation and inventory increases during the peak home-buying season helped the market to post the largest spring gains in three years, realtor.com® reports in its National Housing Trend Report.                   “In July 2012 and … Continue reading

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Millennial Borrowers Have Lowest Mortgage Delinquency Rate

Millennial Mortgage borrowers under the age of 30 have the lowest mortgage delinquency rate of any other age group, according to a newly released TransUnion mortgage report. However, the age group also makes up the smallest share of all mortgage … Continue reading

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Security Concerns With Smart Homes

As homes get more connected to technology, security researchers are sounding the alarm on the vulnerabilities smart homes may pose. The home automation market is expected to soar to $16.4 billion by 2019. But with that surging growth, researchers are … Continue reading

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Down Payments For Lower Priced Homes Double

Down payments for lower priced homes double: Buyers looking at lower-priced homes are not only facing major inventory hurdles, they’re also finding that they have to bring more money to the closing table. The median down payment for the cheapest … Continue reading

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Millennials Moving To The Burbs For Good Schools

The next generation of home buyers, Millennials,  say they will move to the suburbs if it means they can find quality schools there, according to a newly released survey by realtor.com®. In fact, millennials – the generation born between 1980 … Continue reading

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