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3 Hidden Costs of the Foreclosure Crisis

Other

Although U.S. foreclosure activity may be declining, the problem is far from over. There have been 5 million foreclosures since 2007, reports the Center for Responsible Lending, which estimates that between 3 million and 5 million more will occur over the next couple of years. In 2003, one in 38 U.S. home owners were seriously delinquent on their mortgage payments or in foreclosure, but today those numbers are one in 10. Some of the consequences of foreclosures are obvious: family […]

Up Sign Arrows

FHFA: Home prices rise 0.3% in February

Buying a Home

The nation’s home prices rose 0.3% on a seasonally adjusted basis from January to February, according to the Federal Housing Finance Agency’s monthly house price index. For the 12 months ended February, home prices rose 0.4%, the first 12-month increase since the July 2006 to July 2007 interval. The index remains 19.4% below its April 2007 peak and is roughly the same as its January 2004 level. While prices in January were unchanged, according to initial estimates reported in the […]

Gay Realtor Peter

Featured Berkshire Gay Realtor: Peter, Century 21 A. Perras Realty Inc.

Buying a Home

I am a native of the beautiful Berkshires, born and raised in Richmond. My goal is to help you achieve your goals. If you are interested in BUYING or SELLING your first home, primary home, or vacation home just contact me. I am always ready to assist you in a friendly and professional manor. Click here to search for a gay or lesbian real estate agent anywhere in the country.   Professional/Personal Distinctions:   Specialties: First time home buyers, Buyers, […]

Old Key Home

New home sales drop 7.1%

Selling a Home

Fewer Americans acquired new homes in March compared to February, dampening optimism that the housing market could see a material turnaround this year. Still, numbers are improved from a year ago. The Commerce Department recorded 328,000 new single-family home sales in March, down 7.1% from the revised February estimate of 353,000 home sales. The 7.1% home value drop is steeper than the 1.6% drop in new home sales experienced in February and the 5.4% decline recorded back in January. But […]

Price Reduced For Sale

S&P/Case-Shiller: Home prices in nine metros reach new lows

Buying a Home

Home prices fell to post-recession lows in the latest Standard & Poor’s/Case-Shiller national indices.  Home values in nine metro areas also reached record lows, the report said. S&P said its 10-city composite index experienced an annual home price decline of 3.6% in February, while the 20-city composite index declined 3.5% from a year earlier. This is a slight improvement from January when the indices declined 4.1% and 3.9%, respectively, year-over-year. “While there might be pieces of good news in this […]

Home For Short Sale

Freddie directs servicers to use Hardest Hit Fund in short sales

Other

Freddie Mac wants mortgage servicers to use funds from an underutilized federal program to help homeowners through short sales and other foreclosure alternatives. The mortgage giant, in a letter to its servicers Monday, said they now must participate in Hardest Hit Fund transition assistance programs from 18 states and the District of Columbia. The directive, issued Monday, is effective immediately. The requirement applies to borrowers for short sales, deed-in-lieu deals or relocation assistance, but only if they don’t interfere with […]

Gay Realtor Leland

Featured Boston Gay Realtor: Leland, Boston Green Realty

Buying a Home

I am excited to offer to you Boston’s first green real estate office. At Boston Green Realty, our team of experts will assist you in transitioning to a greener lifestyle. We are excited to receive your phone calls and emails and to work with you in your real estate adventure. We are here to be used as your resource. Click here to search for a gay or lesbian real estate agent anywhere in the country.   Professional/Personal Distinctions: Certified Ecobroker, […]

Gay Realtor Lee

Featured Orleans Gay Realtor: Lee, Kinlin Grover Real Estate

Buying a Home

As a REALTOR®, I know that well-informed clients make better decisions for themselves and their families. My job is to help educate you about the Cape Cod real estate market and to provide information to help you make the best choices and decisions. This helps me build strong, life-long relationships with my clients. During my working career over the past two decades, I have worked hard to develop excellent customer service skills. As your business associate, I will always strive […]

Having Good Schools Nearby Improves Home Values

Uncategorized

Living near a high-scoring public school district can raise home values $205,000 higher compared to homes located in neighborhoods with low-scoring school districts, according to a new study by Brookings Institution. Brookings analyzed the nation’s 100 largest metro areas to find the differences between living near a high-scoring public school and a low-performing school. To get you child at the best one, the Providence Classical School is located in the Harris County School District and is one of the best […]

Ready for Your Open House? Nationwide Event Starts April 28

Buying a Home

With housing affordability at record highs, real estate professionals are hoping this year’s REALTOR® Nationwide Open House Weekend event will be a big jump-start to the spring buying and selling season for housing markets across the country. The REALTOR® Nationwide Open House Weekend will be held April 28 and 29, in which REALTORS® and real estate associations across the country and worldwide hold thousands of open houses in their local communities. Nearly half of home buyers visit open houses during […]

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