Monthly Archives: October 2013

Expected Mortgage Rates In 2014

Posted on October 31, 2013 by Cliff

Expected Mortgage Rates Expected mortgage rates will likely rise above 5 % in 2014 and average 5.3 % by the end of the following year, according to the Mortgage Bankers Association’s forecast. That would mark a big jump over where … Continue reading →

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Americans Are Moving Again

Posted on October 30, 2013 by Cliff

Americans Are Moving Again Americans are moving again. The recession had the effect of “freezing people in place” as they waited out a housing and economic slump, and now there is “at least a thawing,” says Kenneth Johnson, a demographer … Continue reading →

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2.5 Million More Property Mortgages Above Water

Posted on October 29, 2013 by Cliff

Property Mortgages Above Water 2.5 million more property mortgages above water in the second quarter, according to CoreLogic.  41.5 million property mortgages have equity. Some home owners are still waiting for equity to return: 14.5 percent of all residential properties … Continue reading →

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With Rising Home Equity Home Owners Renovate

Posted on October 28, 2013 by Cliff

Rising Home Equity With rising home equity and home sales prompted home owners to renovate as they prepare to move or undertake upgrades that they put off during tough times,” says Bill Shaw of the NAHB. Home remodeling saw greater … Continue reading →

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60% Of Foreclosed Homes In Miami Are Occupied

Posted on October 25, 2013 by Cliff

Foreclosed Homes In Miami 60% of foreclosed homes in Miami are occupied. Because the owners or renters of these homes are not being evicted until months or even years after the homes go into foreclosure, they continue to live in … Continue reading →

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Unemployed Young Adults Hurting The Housing Recovery

Posted on October 24, 2013 by Cliff

Unemployed Young Adults Unemployed young adults are mostly opting to live with their parents and are not renting or owning their own place. Indeed, the number of young adults under the age of 35 who are living at home is … Continue reading →

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A Website For Deaths In Homes?

Posted on October 23, 2013 by Cliff

No Laws Requiring Disclosure of Deaths In Homes The site DiedInHouse.com is a database of death records, pulling from multiple sources that document deaths in or on residential properties. For a fee, users can search the site to see if … Continue reading →

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A New Selling Tool: No Flood Insurance Needed

Posted on October 22, 2013 by Cliff

No Flood Insurance Required With ever increasing flood insurance hikes, the homes that are unaffected are in hot demand. Florida has some real estate professionals attaching riders to their for sale signs that say “no flood insurance required.” They’re also … Continue reading →

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Prenup Agreements On The Rise

Posted on October 21, 2013 by Cliff

Prenup Agreements On The Increase Sixty-three percent of divorce attorneys say they have noticed an increase in prenup agreements during the past three years. The top three most common items covered in the prenup agreements are “protection of separate property,” … Continue reading →

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Housing Market Shows Signs Of Balance

Posted on October 18, 2013 by Cliff

Healthy Market Balance The housing market is showing signs of balance, according to a realtor.com latest National Housing Trend Report. The analysis finds year-over-year trends revealing strong gains in median list prices and declines in days in the housing market.  … Continue reading →

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