Monthly Archives: April 2014

Ways That Home Buyers Annoy Sellers

Posted on April 15, 2014 by Cliff

Ways That Home Buyers Annoy Sellers: Both parties have to come together in a transaction, and real estate professionals sometimes find themselves wedged in the middle of buyer and seller disagreements. Some sellers may accuse the home buyers of being … Continue reading →

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Credit Standards To Loosen 2014

Posted on April 14, 2014 by Cliff

Access to mortgage credit is at its highest level in at least three years, and credit standards are expected to loosen even more this year, according to a newly-released index by the Mortgage Bankers Association. MBA’s index, which tracks mortgage … Continue reading →

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FHA Program Allows Ex-Home Owners To Purchase In 12 Months

Posted on April 11, 2014 by Cliff

Typically, home owners who lost their homes to a short sale or foreclosure are required to wait about 36 months before being able to purchase a primary residence again with a Federal Housing Administration loan. But the FHA’s Back To … Continue reading →

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Top Ten Affordable Housing Markets 2014

Posted on April 10, 2014 by Cliff

The Chicago metro area tops the list of the most affordable major markets this year, according to ZipRealty’s newly released list of the 10 most affordable housing markets in 2014. To create the list, the real estate brokerage analyzed median … Continue reading →

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Buyers Do Want A ‘Green Home’

Posted on April 9, 2014 by Cliff

More than 65 percent of home buyers recently surveyed say they desire an “environment friendly” green home, but only about 15 percent are willing to pay more for a green home with such features, according to the National Association of … Continue reading →

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Home Buyers Have Sticker Shock With Spring Home Prices

Posted on April 8, 2014 by Cliff

Home buyers have sticker shock as the spring market heats up. More buyers are finding higher spring home prices than they may have expected, CNBC reports “People quite frankly came out and got sticker shock … they picked up the … Continue reading →

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Shadow Inventories Have Declined

Posted on April 7, 2014 by Cliff

Shadow inventories, for the past three years, have declined year-over-year and posted double-digit declines for the past 16 consecutive months as the housing market continues to heal, Anand Nallathambi, president and CEO of CoreLogic, says in the company’s Inventory Report. … Continue reading →

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US Census: Population Moving South

Posted on April 4, 2014 by Cliff

US Census: Population Moving South. Between 2010 and 2013, 51 percent of the population increase in 52 major metro nationwide was in the South. In comparison, the West accounted for 30 percent of the increase, followed by the Northeast at … Continue reading →

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Home Prices Likely Will Level Off Soon

Posted on April 3, 2014 by Cliff

As home prices are rising across the country for home owners often by double-digit percentages – will likely level off soon, according to CoreLogic’s latest Home Price Index, which reflects February data. The index, which also includes distressed sales, was … Continue reading →

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Foreclosures and Short Sales Continue To Tumble

Posted on April 2, 2014 by Cliff

Foreclosures and short sales are making up less of a share of the for-sale market. According to the National Association of REALTORS®’ February report, distressed home sales accounted for 16 percent of the month’s sales, down from 25 percent in … Continue reading →

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