“These low rates should somewhat offset the house price gains seen the last number of months and keep housing affordability elevated,” says Frank Nothaft, Freddie Mac’s chief economist. Mortgage Rates Roll Back to July Levels
City to Require Electric Car Chargers in New Homes
Yikes. I bet the new-home builders love this. The law only applies to single family homes. Why are townhomes excluded? City to Require Electric Car Chargers in New Homes
More Homeowners Recapture Long-Lost Equity
Two recent housing reports are confirming the same picture: Homeowners are rapidly recapturing the equity they had lost in the last decade. More Home Owners Recapture Long-Lost Equity
Are Rising Home Prices Prompting More Divorces?
“So many couples have been living together and biding their time,” says an Orlando lawyer. “I know many people who have coasted for years and touched base with me periodically -- until they got equity in their homes.” Are Rising Home Prices Prompting More Divorces?
Investor Demand for Homes Starts to Cool
"Now you see fewer bargain prices in the market and that's a reason investor demand is coming off its peak," said one expert. That leaves more room for other potential buyers to get into the market. Investor Demand Starts to Cool
Ready for a Housing Sell-Off? Equity-Backed Homeowners About to Resurface
In the next 15 months, 8.3 million homeowners — about 18 percent of homeowners who have a mortgage — are expected to gain enough equity to be in a better position to sell their homes, according to a new report. Ready for a Sell-Off? Equity-Backed Home Owners Resurface
Five Inspection Problems Buyers Shouldn’t Ignore
A typical home inspection may uncover many problems, some severe, some not. Here are five home condition issues that definitely should not be ignored. Five Inspection Problems Buyers Shouldn’t Ignore
Former Agent Pleads Guilty to Stealing REOs' Appliances
According to prosecutors, Smathers used a master key to access at least one vacant HUD home per week from September 2008 to July 2009 to take appliances from the homes. Obviously, she's not a very ethical person.
Disputes Often Arise Over What Items Convey With a Home Sale
Disputes over $150 ceiling fans, curtains, or a dusty chandelier may seem trivial when negotiating a home sale, but some real estate professionals say such squabbles have actually cost them deals. ‘Real Estate’s Version of Road Rage’
Golf-Course Homes No Longer Up to Par?
Due to lower demand, homes in golf communities reportedly are selling far below the peak prices of the 2000s and have yet to experience the same type of rebound as other areas of the market, Fiscal Times reports. Golf-Course Homes No Longer Up to Par?
