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Sunday, January 22, 2012 7:13 PM

Banks, Gov't Near Deal on Foreclosure Settlement

Up to 1 million at-risk, underwater borrowers may be eligible for a reduction on their mortgage principal, if a settlement between big banks and government officials gets the final approval. The mortgage aid is reportedly on the table as big banks and
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Sunday, January 22, 2012 7:11 PM

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
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Sunday, January 22, 2012 7:02 PM

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
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Sunday, January 22, 2012 6:58 PM

“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
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Sunday, January 22, 2012 6:53 PM

Existing-home sales continued on an uptrend

Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above where they were a year ago, according to the National Association of REALTORS®. The latest monthly data shows total existing-home sales
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Sunday, January 22, 2012 6:50 PM

Record Rates Push Housing Affordability Higher

The 30-year fixed-rate mortgage hit another all-time low this week, marking the seventh straight week it has averaged below 4 percent, Freddie Mac reports in its weekly mortgage market survey. Here’s a closer look at rates for the week ending Jan.
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Tuesday, December 27, 2011 10:09 AM

Americans Eager to Buy, Sellers Aren’t Happy?

Nearly 80 percent of home buyers say now is a great time to buy a home, but sellers say it’s not a great time to sell, according to a new study, “The Great Recession and Attitudes Toward Homebuying,” released this week by the Mortgage
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Tuesday, December 13, 2011 2:03 PM

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
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Friday, December 09, 2011 10:14 AM

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
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Friday, November 11, 2011 2:35 PM

Falling Rates Send Mortgage Apps Soaring 10%

More borrowers are taking advantage of record low interest rates. Mortgage applications increased 10.3 percent last week over a week earlier, the Mortgage Bankers Association reported. The purchase index, a gauge of future home buying, increased 4.8 percent
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Saturday, October 15, 2011 3:45 PM

5 Home Improvement Projects that Will Get You Top Dollar For Your Home

It’s a highly competitive market for home sellers right now. More homes to compete with means that the impression your homes makes - from the curb, and on the inside - matter now more than ever. You can increase your chances of selling faster -
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Thursday, October 13, 2011 11:43 AM

Buyers Want a Deal--or a Steal?

Buyers are still looking for homes, but they won’t settle for anything less than a great deal, say real estate professionals. "All the buyers across the board want everything in a house,” "They want it completely done. They want
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Thursday, October 13, 2011 11:37 AM

Zillow: Home Values Hold Steady, Foreclosures Slow

Home prices mostly held flat in August, increasing a modest 0.1 percent from July to August, according to Zillow’s latest Home Value Index. Two of the nation’s hardest-hit housing markets, Detroit and Fort Myers, Fla., posted slight price
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Sunday, September 25, 2011 4:58 PM

10 States With the Highest Foreclosure Rates

For the 56th straight month, Nevada continued to have the highest foreclosure rate in the country, where one in every 118 homes received a foreclosure filing during August, according to the latest figures from RealtyTrac. Nationally, 1 in every 570 households
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Sunday, September 25, 2011 1:25 PM

Housing market is good (or great!) for buyers right

In most parts of the country, the housing market is good (or great!) for buyers right now - interest rates are bizarrely low, lots of inventory means lots to choose from, and the cost of renting has increased in a lot of markets. But just because the
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