More home buyers and current home owners are weighing the merits of a “green” mortgage, according to U.S. News & World Report. Energy-efficient mortgages allow home owners to finance “green” home improvements, such as solar panels, geothermal heating, and newer, more energy-efficient heaters.
Archives for February 2014
When the Alberta Court of Appeal reopened after a renovation in 2001 to make the building more energy-efficient, it didn’t take long before occupants started noticing problems.
Many people I talk to in the real estate industry feel far too much time is wasted on social networks, especially Facebook. I agree. That’s why agents need to be smart about how they use Facebook. With a couple tweaks, Facebook can be a relationship machine.
A new analysis by RealtyTrac finds that the estimated monthly house payment for a median-priced three-bedroom home purchased at the end of 2013 was 21 percent higher than it was at the end of 2012 in more than 300 U.S. counties.
Now that the worst of the foreclosure crisis is in the rearview mirror, former home owners who lost their homes to a short sale or foreclosure are re-entering the housing market.
Lenders are returning to the subprime market – although still at only a fraction of what subprime lending was before the mortgage crisis, BusinessWeek reports.
Properties that sit deteriorating in foreclosure limbo are plaguing New York’s neighborhoods. New York Attorney General Eric Schneiderman says he plans to introduce legislation to get banks and mortgagees to better maintain the vacant properties.