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Five Musts Before You List Your Home

--> Deciding to list your home for sale is a momentous time. It means you will be moving on to a new stage of life, no matter if you’re moving up or sizing down. Take a moment to look over these tips for what every seller should do before they put

Shadow Inventory: 46 Months to Clear Distressed Housing Supply

It will take 46 months to clear the market’s supply of distressed homes, or the shadow inventory, according to estimates from Standard & Poor’s Rating Services based on first-quarter 2012 data. The agency’s latest estimate came in

Home Prices Rise in Half of U.S. Cities as Markets Stabilize

Michelle Meyer, a senior economist at Bank of America Merrill Lynch, talks about the U.S. economy and real estate market. She speaks with Tom Keene on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg) The U.S. housing market

Lenders that Sell Short Sales Faster and for Less, According to RealtyTrac

By: Esther Cho Pursuing a short sale is often thought of as a painstaking process, and it’s not uncommon to hear of complaints about slow responses from servicers and last minute rejections on offers. Fortunately, not all lenders/servicers are the

Fannie and Freddie Set Timeline Requirements for Short Sales

Beginning June 15, real estate agents working with distressed homeowners whose loans are backed by Fannie Mae and Freddie Mac should expect to receive a decision on a short sale offer within 30-60 days. The GSEs issued new guidelines Tuesday that fall

As Home Rents Head Higher, Owning Regains Its Appeal

By DAWN WOTAPKA and NICK TIMIRAOS Climbing rents for apartments are combining with a continued decline in home prices to push once-reluctant home buyers into finally taking the plunge, say economists and real-estate agents, helping what appears to be

Your Kitchen Sells Your House

It's a tool used by house flippers all across the nation. Stagers know its power. Real estate agents push its importance. What is this not-so-well-kept secret of real estate? A kitchen can sell a house. A kitchen is the heart of a home. This is true

Experts Expect to See Broad Improvements, Home Prices to Rise in 2013

The Urban Land Institute released its Real Estate Consensus Forecast Wednesday morning, and overall, the 38 real estate economists and analysts surveyed projected broad improvements for the economy. With signs of improvement in the housing sector already

KITCHEN SELLS A HOUSE

by Carla Hill --> It's a tool used by house flippers all across the nation. Stagers know its power. Real estate agents push its importance. What is this not-so-well-kept secret of real estate? A kitchen can sell a house. A kitchen is the heart of

New Prudential Real Estate Poll: Americans Increasingly Optimistic About Homeownership

Prudential Real Estate released a new national survey at Sales Convention showing that Americans are significantly more optimistic about homeownership than they were a year ago. According to the second-annual Prudential Real Estate Outlook Survey, a full

Buying real estate? Think long term

Despite rosy economic reports, key issues could impact purchase By Dian Hymer , Monday, March 12, 2012 Not long ago, buying a home was the best investment you could make. Not only did it provide a place to live, but it provided instant wealth for many

Banks Loosen Credit Standards

Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher

Lenders are Paying Buyers to do Short Sales rather than Foreclose

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Housing Crisis to End in 2012 as Banks Loosen Credit Standards

01/24/2012 By: Krista Franks Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan

What Happens When You Walk Away From Your Home?

It was just last summer that Charlotte Perkins made the hardest decision of her life as she and her husband Jim were caught in the vise of the housing bust. Wanting to downsize their lives as they headed toward retirement, they bought a new house in Mesa,
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