Lenders Go All-In On Multifamily Apartments



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Lenders dished out $172.5 billion in new mortgages for apartment buildings with five or more units in 2013 — a multifamily lending record, according to a new Mortgage Bankers Association report.

College Grads Set to Drive Growth in Some Cities



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About a quarter more young college grads live in a major metro area today than in 2000, double the percentage increase in cities’ total populations, according to a report by the City Observatory.

FHFA Plans to Ease Lending Standards



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Federal Housing Finance Agency Director Mel Watt on Monday announced plans to expand home buyers’ access to mortgages by loosening up lending standards. During the Mortgage Bankers Association’s annual conference, Watt said FHFA will release guidelines “in the coming weeks” to allow increased lending to borrowers with down payments as low as 3 percent. FHFA, […]

Reasons NOT To Claim On Your Home Insurance



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In some states, all it takes is just one claim to a home owner’s property insurance to see premiums soar by hundreds of dollars. Filing a single claim can result in a monthly premium increase of 9 percent, according to a study by InsuranceQuotes.com.

Don’t Want To Reveal How Much You Paid For Your New Home?



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Clients who recently purchased a new home might find themselves in an awkward place when an inquiring mind – a friend, neighbor, colleague, or relative – questions them about the price of their home

50 Ways You Can Use Evernote To Manage Your Real Estate Business



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Evernote can become one of your most valuable business tools if you develop habits and set up automation to save information, locate it when you need it, and share it selectively with clients or other business contacts.

Remember The Milk: A Free Task Management Tool for Real Estate Pros



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If a real estate professional intends to operate efficiently from anywhere using online tools, then it’s very important to have a functional task management system.

$680K Luxury Home Built on the Wrong Lot



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Builders spent six months building a custom 5,300-square-foot house with ocean views in Hammock Dunes, Fla., but when the Missouri couple who had the home built went to look at their new beachside abode, they found an empty lot.

NAHB Study Reveals Regional Differences in Real Estate



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Depending on where you live, new single-family homes vary drastically on price, design features, building materials, and even financing, reveals a study from the National Association of Home Builders, using 2013 Census Bureau Survey of Construction data.

Post-Foreclosure Hell: Banks Still Chasing Ex-Homeowners Years Later



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More banks are getting aggressive in pursuing deficiency judgments, finding that the proceeds of foreclosure sales may not have been enough to cover the amount of the loans, plus penalties, legal bills, and other fees.