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Monthly Archives: February 2014
Rising Home Prices Hurting Housing Affordability
Housing Affordability Strong year-over-year price gains are starting to take a bite into housing affordability, particularly in the West, according to the NAR. The median single-family home price rose in 73 percent of the markets, or 119 out of 164 … Continue reading
When Unmarried Couples Are Home Buyers
When Unmarried Couples Are Home Buyers More couples these days are home buyers together before they marry, and some do not intend to marry at all. Unmarried couples need to determine how to hold the title: whether the home will … Continue reading
Posted in Real Estate
Tagged flatfee.com, home buyers, home purchase, mls list your home, unmarried couples
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Short Sellers Must Pay Attention To Credit Reports
Credit Reports And Short Sales Those who have undergone a previous short sale need to pay careful attention to their credit report to make sure it was reported accurately by the lender, especially if they want to apply for a … Continue reading
Posted in Real Estate
Tagged credit report, credit reports, flatfee.com, mls list your home, new mortgage, short sale, short sellers
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Wells Fargo Lowers Credit Scores to 600
Lower Credit Scores Wells Fargo has announced that it will accept lower credit scores for loans backed by the Federal Housing Administration. “We have dropped our FICO minimum for FHA from 640 to 600,” says Wells Fargo Executive Vice President … Continue reading
Young Adults Still Living With Parents
Young Adults Living With Parents The percentage of young adults ages 18 to 34 living with parents or parents-in-law has risen sharply since the late 2000s, according to the most recent American Community Survey. One in three young adults – … Continue reading
Posted in Real Estate
Tagged first time buyers, flatfee.com, supressing housing demand, unstable incomes, Young Adults
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