Monthly Archives: June 2014

“Making Home Affordable Program” Extended

The Obama administration announced Thursday that it will extend its Making Home Affordable Program to help home owners avoid foreclosure, as well as use Treasury funds to ramp up construction of affordable rental housing.               The Making Home Affordable Program will … Continue reading

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Realtor Concerns About The Real Estate Market

Realtor concerns about the low housing supply relative to buyer demand, tougher lending standards, and lackluster growth in income and savings continued to constrain home sales last month in several markets, according to the latest REALTORS® Confidence Index, based on … Continue reading

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Save On Your Energy Bill: Plant A Tree

As air conditioning season rolls into parts of the country that couldn’t stand the cold not that long ago, home owners are ready to find new ways to save on their energy bills. Energy.gov provides a handy infographic with a … Continue reading

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Underwater Home Owners Not Considering Short Sales

Real estate professionals say that their underwater owners are less likely to consider a short sale, even if faced with foreclosure. “There are still millions of homes underwater, but short sales have fallen off considerably,” says Mark Zandi, chief economist … Continue reading

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FHA Says: Take A Class And Save On Your Loan

The Federal Housing Administration ( FHA )will be ending its public comment period in mid-August on a proposed program that would allow first-time home buyers to get a discounted mortgage if they enroll in housing counseling classes. The program, called … Continue reading

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32% Of Millennials Planning A Home Purchase In The Next 12 Months

Thirty-two percent of 18-34 year olds say they plan a home  purchase in the next 12 months. What’s more, three quarters of Millennials planning a home purchase in the next five years, according to a survey of 2,500 adults released … Continue reading

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10.6 M Homes Considered High Risk for Natural Disasters

About 10.6 million homes, or 8 percent of the 131 million homes in the U.S., have a “very high risk” of being struck by natural disasters, according to RealtyTrac’s Natural Disaster Housing Risk Report for 2014. The report assigns a … Continue reading

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Growing Number Of Home Owner Landlords

A growing number of home owner landlords reportedly are holding onto their former homes and opting to become landlords instead. After snagging a low mortgage rate in the 3 percent range, some home owners say the loan package’s all-time-low financing … Continue reading

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Will Amazon and Google Become Mortgage Brokers?

Will Amazon and Google become mortgage brokers? Apparently, many people would prefer to get a mortgage through Google or Amazon. A new study by consulting firm Accenture reveals that a large number of Americans would be willing to do their … Continue reading

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How To Turn Off Buyers At An Open House

Open houses can be a great way to show off a property to many potential buyers all at once, but you want to be careful to leave a good impression. USA Today describes common open-house mistakes that could be a … Continue reading

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