Monthly Archives: September 2014

Highly Rated School Districts Lift Home Prices

Homes within highly rated school districts tend to have a higher median sales price, sell for a greater percentage over the list price, and sell faster, according to a new study by the real estate brokerage Redfin. Highly rated public … Continue reading

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Green Neighborhoods Make For Healthier Babies

Pregnant women living in “green” neighborhoods are more likely to deliver healthier babies, suggests a new study from researchers at Oregon State University and the University of British Columbia. What makes a neighborhood green: the presence of trees, leaves, grass, … Continue reading

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Loan Demand Dropped 7.2%

Mortgage rates continue to hover near yearly lows, but the low rates aren’t creating a rush from home buyers or home owners. The Mortgage Bankers Association reports that its seasonally adjusted index of mortgage application activity, which reflects applications for … Continue reading

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Why It Pays to Be a Home Owner

Why It Pays to Be a Home Owner. A home owner is building net worth at a pace that is up to quadruple that of a renter. In the past 15 years, the net worth of the typical home owner … Continue reading

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More American Retirees Carry Mortgage Debt

More American retirees are expected to still owe on their mortgage by the time they reach retirement. The share of Americans 65 and older with mortgage debt increased from 22 percent in 2001 to 30 percent in 2011, according to … Continue reading

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Land Prices On the Rise This Year

Land prices rose a median of 4 percent across the country for the 12 months ending in June, according to the 2014 Land Markets Survey of more than 600 members of the REALTORS® Land Institute. About half of the most … Continue reading

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Home Prices Nationwide Rising

Home prices nationwide, including for distressed sales, rose 7.4 percent year-over-year in July, according to CoreLogic’s latest reading of its Home Price Index. “While home prices have clearly moderated nationwide since the spring, the geographic drivers of price increases are … Continue reading

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Student Loan Debt Hurting First Time Buyers

Carrying student loan debt is making it more difficult for many young professionals to qualify for a mortgage. Recent college graduates with student loan debt who want to own a home will need to earn about one-third more annually — … Continue reading

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Housing Economists Gaining Confidence About Job Market

The strengthening job market has more economists gaining confidence about the direction of the housing market over the next two years, according to a newly released Reuters poll of 29 housing analysts, including investors and economists. The economists surveyed expect … Continue reading

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