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4 Questions to Ask Before Buying a Foreclosure

Foreclosures can offer big bargains, but buyers need to be careful that they don’t get over their heads in purchasing a home that may need more repairs than they bargained for. Foreclosures are usually sold as-is, and homes that are left vacant

Mortgage Rates Rise After Posting Record Lows

Mortgage rates started to edge higher this week, after a series of recent positive reports showing the housing market on the mend, Freddie Mac reported in its weekly mortgage market survey. The 30-year fixed-rate mortgage after posting all-time record

Builders Feel the Most Upbeat in More Than 4 Years

Builder confidence is at its highest level since June 2007, yet another sign that things are finally perking up in the new-home market, which has faced some of its darkest days on record this past year. For the fourth consecutive month, builder sentiment

iPhone vs. Android: Smartphone Race Heats Up

The iPhone 4S, which debuted in October, launched with a big bang and to record-breaking sales, and it’s being credited with helping Apple narrow its gap against its chief rival, Google's Android. The research firm Nielsen reports that more

Rising Rents Make Home Buying a Better Choice

Fallen home prices and record-low mortgage rates have pushed housing affordability to a 40-year high. Meanwhile, rental prices are continuing to rise at a fast pace, according to a new report released by Hotpads.com , a rental listing service. Rental

“Don’t shoot the messenger”

“Don’t shoot the messenger,” is the message the Appraisal Institute has for those in the real estate industry. Appraisers have been taking heat the last few months over low home values, with critics arguing that values aren’t matching

What's in Store for Housing in 2012?

The worst for the housing market may finally be over, according to housing experts in a recent article in Kiplinger. After median home price have dropped nearly 40 percent nationwide, a rebound is taking shape -- although, housing experts say, the market

Existing-Home Sales Continue to Climb in November

--> Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors ® . Also released today were periodic benchmark revisions with downward adjustments to sales and inventory data since 2007,

Just in time for the holidays

Mortgage rates reached new all-time lows this week, pushing home buyer affordability even higher, Freddie Mac reports in its weekly mortgage market survey. "Rates on 30-year fixed mortgages have been at or below 4 percent for the last eight weeks

Current Market Statistics in Golden isles

In the Golden Isles there have been a total of 1483 closed sales from January 1 st to December 12th 2011 compared to 1230 from January 1 st to December 13th 2010. The average selling price for that period in 2011 is $211,077 compared to an average selling

5 Things To Do NOW If You Want to Buy A Home In 2012

If you’re one of the millions who has an eye on 2012 as the year in which you’ll buy a home (first or not), here are five things you can do now to put yourself on the right path: 1. Check your credit. Take my word for it: there is no bad surprise

Foreclosure Alert: Banks Clearly Preparing For REO Avalanche

It is not unusual to see foreclosures slow for the holidays, and the this year is no exception. Foreclosure starts were up slightly in Nevada and Washington, but the increases were insignificant given the recent declines in those states due to legislative

Want A Payroll Tax Cut? Be Prepared For HIGHER Fannie/ Freddie Fees

Democrats and Republicans both support extending the payroll tax cut, and they both agree that the cost of the extension should be offset through changes elsewhere in the budget. The idea coming from the Democrats idea that is to…. pass the expense

Report Predicts Drop in Delinquencies Next Year

--> The number of borrowers behind on their mortgage payments is expected to drop sharply by the end of next year, according to a new report released by TransUnion. Mortgage delinquency rates reflect the ratio of borrowers 60 or more days behind on their

5 Things to Do Now to Get Your Home Sold in 2012

It’s that time of year when most of us start to count our blessings, look back at what we’ve accomplished in 2011 and think about what we’ll get done in 2012. If selling your home is part of your resolution list for next year, there’s
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