RealtyBizNews: Real Estate News
With the latest on mortgages, refinancing, real estate & home tips
A recent report by RealtyTrac has identified 19 towns that have top quality ski resorts and has ranked them according to investment potential. The report looked at the local housing market, and assessed the possibility of being able to purchase an investment home that could prove profitable. When creating the rankings, Realty Trac identified towns […]
A report from Reuters shows homebuilders’ confidence in the US real estate market slipped slightly at the beginning of the year, even though most developers remain upbeat over the housing recovery, and anticipate it will continue. The data for the report was from the National Association of Home Builders. In January the NAHB/Wells Fargo Housing […]
Mortgage credit could be greatly restricted by the Consumer Financial Protection Bureau’s new Qualified Mortgage rule, throwing a major obstacle in the way of the housing recovery, warned lawmakers and mortgage industry leaders during a House Financial Service Committee hearing on Tuesday.
A new report from RealtyTrac has shown that fewer mortgages are underwater. According to their latest report 19% of homes with mortgages, which equates to 9.3 million properties were classified as being deeply underwater last month. Being deeply underwater means the borrowers owe at least 25% more on their mortgage than the property is worth. […]
As it should be, Memphis is a pilgrimage for many people from all around the world. They come to visit the birthplace of the blues, soul, and rock-n-roll music. W.C. Handy wrote the first blues music on historic Beale Street. Elvis Presley, Jerry Lee Lewis, Roy Orbison, and Johnny Cash all recorded at Sun Records, […]
The latest home price index from CoreLogic shows the annual price of residential property rose by 11.8% in the year ending November 2013, the 21st consecutive monthly year on year increase. On a monthly basis property prices increased by 0.1% showing the rate of growth is slowing down. It’s a slightly different story if distressed […]
Aging boomers could lead to a shift in housing demand over the next few years, reshaping the housing market in the US and affecting the economy. A lot of baby boomers will choose to move out of family homes and to downsize into multifamily units consisting of smaller town homes, condominiums and apartments. It’s a […]
Bureaucracy may move slowly but it does move. Years after the collapse of the real estate market and another year after its recovery, the Consumer Financial Protection Bureau came out with new rules last week intended to protect consumers from the mortgage industry.
Buyer confidence is back and the real estate hot season is nearly here. If you want to sell your home quickly, you need to add more value to your home and stand apart from other sellers. Below are 5 ways to make your home more attractive to buyers. New sod Everyone knows the importance of […]
A new report from the National Association of Home Builders shows the costs of constructing a single-family home were much higher when compared to 2011, reaching $246,553 last year compared with just $184,125 in 2011. Much of this cost was due to an increase in the price of lumber, as framing and trusses account for […]
