Monthly Archives: October 2014

Top 10 Reasons Renters Keep Renting

Posted on October 31, 2014 by Cliff

The majority of Americans who do not own their own home say they intend to one day and hold strong feelings toward home ownership. But how about those 20 percent of households who are adamant about renting and say they … Continue reading →

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Florida And Mortgage Fraud, Still

Posted on October 30, 2014 by Cliff

Mortgage fraud is on the rise, increasing 3.2 percent since the same period last year and amounting to about $19.8 billion in applications that contained elements of fraud or serious misrepresentations for the year, according to CoreLogic’s latest Mortgage Fraud … Continue reading →

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Sellers Are In The “Waiting Game”

Posted on October 29, 2014 by Cliff

Sellers are starting to get the message that the market is no longer tilting in their favor so they are in the “waiting game.” The number of Americans who say now is a good time to sell plunged 17 percentage … Continue reading →

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Housing’s Game Changer Is Marriage Delays

Posted on October 28, 2014 by Cliff

Marriage and real estate often go hand-in-hand. But a drastic decline in the number of married young adults, marriage delays,  is emerging as “one of the biggest game changers in the housing industry,” according to John Burns Real Estate Consulting. … Continue reading →

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Where Are The “Boomerang Buyers” ?

Posted on October 27, 2014 by Cliff

Only a small number of Americans who went through a foreclosure or short sale during the economic downturn have bought homes again, according to a study by Experian. Where are the “Boomerang Buyers” ? Many of these sidelined buyers were … Continue reading →

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Home Equity Rise Slows Its Pace

Posted on October 24, 2014 by Cliff

More home owners are eeking out equity again on their properties, but with slowing home appreciation, that home equity rise is slowing its pace, and millions of home owners may still be at risk of foreclosure. Equity-rich properties – those … Continue reading →

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Home Owners Delaying Remodeling

Posted on October 23, 2014 by Cliff

Remodeling and home improvement spending posted a strong rebound last year, but the rebound was short-lived, a new report says. Home owners remodeling projects and expenditures are back on the decline this year as housing market conditions and fading tax … Continue reading →

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Some Housing Markets Still Facing Inventory Crunch

Posted on October 22, 2014 by Cliff

Some housing markets still facing inventory crunch. Supply nationwide in September was at five and a half months; most economists consider a normal level to be six to seven months. The supply of new homes was even lower, at nearly … Continue reading →

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1 in 3 US Homes Are Rentals

Posted on October 21, 2014 by Cliff

A growing number of single-family homes have become rentals, according to the findings from the newly released 2013 American Housing Survey, by the U.S. Department of Housing and Urban Development and U.S. Census Bureau. The report takes a look at the … Continue reading →

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Foreclose On Everything Says Detroit

Posted on October 20, 2014 by Cliff

Detroit is aiming to further eliminate neighborhood blight and recover lost revenue from home owners who are delinquent on their mortgages. Wayne County is taking on an unprecedented effort to take possession of every property that is three or more … Continue reading →

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