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Mortgage giant Fannie Mae reported $17.2 billion for net income in 2012, its largest annual profit ever, The Wall Street Journal reports. The housing market’s recovery is leading to fewer loans going bad, which is in turn helping Fannie see rising profits. Timothy Mayopoulos, Fannie’s chief executive, said he expects Fannie to “remain profitable for the foreseeable future.” In the fourth quarter of 2012, Fannie posted a $7.6 billion profit. That’s compared to one year earlier, in which the mortgage giant posted a net loss of $2.4 billion. Fannie officials […]

My name is Aaron ~ I am a Realtor with Century 21 Realty. Feel free to contact me via the “Contact Aaron” button for assistance in buying or selling a property. I proudly serve the counties of Ohio, Marshall, Wetzel, Tyler and Brooke. I look forward to hearing from you! Click here to search for a gay or lesbian real estate agent anywhere in the country. Professional/Personal Distinctions: MLS, NAR, WVAR, WHBOR Specialties: Residential single family homes and condominiums. Resale and new construction. Free relocation assistance. View Aaron’s  Complete Profile […]

When you need a seasoned professional with decades of experience, Mike is the logical choice. He has an office full of sales awards but what makes him successful is his dedication and ability to always get the job done. His knowledge of the market in single family homes, condos, multi-unit buildings, and rentals in the entire Chicagoland region is unmatched. He even wrote the book on Chicago real estate, published in 2010, “Where Chicagoans Live”. Ask for a copy! If you’re tired of the big name franchises that pepper you […]

The number of nationwide completed foreclosures fell 19 percent year-over-year, according to the latest report by CoreLogic, reflecting February data. There were 54,000 completed foreclosures in the country in February, the lowest level since September 2007. Still, foreclosures are elevated by historical standards. In a more balanced market, completed foreclosures tend to average about 21,000 per month — less than half where they are at today. As of February, about 1.2 million homes were in some state of foreclosure. The nation’s foreclosure inventory has fallen 21 percent in the past […]

The National Association of Home Builders says its new study shows that home buyers can buy a more expensive, newer house and still have the same operating costs as owning an older existing home. NAHB examined data from the Census Bureau and Department of Housing and Urban Development’s 2011 American Housing Survey to determine how utility, maintenance, property tax, and insurance costs vary depending on the age of a home. Houses built prior to 1960 have average maintenance costs of $564 per year. On the other hand, homes built after […]

The percentage of U.S. residents who say owning a home is an essential part of the American dream has hit a three-year high, reaching 79 percent, according to the CNBC-All-America Economic Survey. What’s more, the number of Americans who say it is better to own than rent grew by four points to 69 percent, according to the survey. More Americans also believe owning a home is a better long-term investment than stocks. “The housing numbers are all heading in the right direction,” reports Diana Olick for CNBC. “Home prices up, […]

Mike Federau and Curt Mellon have forged a successful partnership for more than 25 years – first in the field of insurance and, more recently, in residential and commercial real estate in south Florida. With experience in both building design and construction, Mike and Curt realized their long-held dream of employing their expertise in the Sunshine State in 1994. After several years in Naples, FL, they followed their dream to Charlotte County and Punta Gorda, FL. “It felt like the right time, and Charlotte County, felt like the right place,” […]

Buying a home is one of the most significant decisions in a person’s life. Therefore, it is essential that you are both confident and comfortable with the individual representing you. Michael stands out in his field with his personable style. Buyers and Sellers equally appreciate his creative eye as well as his meticulous business approach. His formula for success is simple; He discovers your primary goal, and makes it his own. Michael has experience working in many diverse markets in Colorado. He has successfully facilitated many transactions in Colorado Springs […]

A new study finds that 301,874 “zombie” homes—properties where home owners receive foreclosure notices and move out, leaving the home vacant and deteriorating—exist in the U.S. The state with the highest number of “zombie” properties is Florida, with 90,556 vacant homes in foreclosure, according to data by RealtyTrac, in their first analysis of “zombie” properties. Illinois ranks second with 31,668 “zombie” properties and California ranks third with 28,821. However, Kentucky leads overall in percentage of zombie properties; abandoned homes represent 54 percent of Kentucky’s total foreclosure inventory. Abandoned foreclosures also […]

The Millennial generation is about 90 million strong—forming the largest demographic wave in the country’s history—and some reports suggest they’re readying for home ownership. Millennials’ entrance into home ownership has been delayed due to the recession, high unemployment, and high student loan debt. They’ve been living in their parents’ homes, as well as delaying marriage and having children, surveys show. But the pent-up demand from this generation is starting to surface, says Fred Ehle, vice president for PulteGroup. Homebuilders, like PulteGroup and Better Homes and Gardens Real Estate, recently revealed […]