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5 Cities Where Rents Are Rising Most

Buying a Home

Rents continue to inch up, soaring more than 5 percent nationwide in the 12 months ending April 31. In some places, rents have increased by more than 15 percent in that time period. The following five metro areas have seen some of the biggest increases in rental prices — more than 10 percent — in the 12 months ending April 31, according to recently released data by Trulia: 1. Edison-New Brunswick, N.J. Change in rent in 12 month period: Up 15.6 percent 2. San Francisco, Calif. Change in rent in […]

Gay Realtor Richard

Featured Denver Gay Realtor: Richard, The Real Estate Merchants

Uncategorized

As the preeminent real estate professional in my community, I am dedicated to providing the finest service available while breaking new ground. Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game. I constantly research the market and property values so your home is priced effectively from day one & you never pay more for a home than the market will support ~ I go the extra mile to help […]

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What Foreclosure Wave? False Alarm?

Other

Many housing experts for months have been warning a foreclosure wave would soon flood several markets throughout the country. But was it all a false alarm? Recent surveys have shown that foreclosure sales have dropped to their lowest point in more than two years. And while according to March data, 8 percent more homes did enter the foreclosure process from the previous month, that number is down more than 30 percent from a year ago, according to Lender Processing Services. CNBC real estate reporter Diana Olick notes that it could […]

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Freddie Mac: Loan Mods Down

Mortgage Loan

Mortgage workouts at Freddie Mac dropped to 14,000 in the first quarter from 35,000 a year ago and 50,000 in mid-2010. The change is attributed to a decrease in seriously delinquent loans to $72.8 billion in the first quarter from $82.1 billion a year earlier and to the transition of borrowers ineligible for HAMP to the new Standard Modification program. Freddie Mac also reported a jump in the number of modified loans that were current and performing after two years to 68 percent in the first quarter of 2010 versus […]

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Fannie Mae: Homebuyers feel more positive about home prices

Buying a Home

Despite bad news on the jobs front Friday, more Americans believe home prices and opportunities for buyers and sellers will increase over the next 12 months, Fannie Mae said Monday. Americans on average expect home prices to jump 1.3% over the next year, according to Fannie’s April 2012 National Housing Survey. The GSE surveys 1,000 random Americans to come up with the latest results each month. The percentage of Americans who believe now is a good time to sell a home rose to 15% in April, up from relatively flat […]

Monday Morning Cup of Coffee: Homeownership rate to normalize at 63%

Buying a Home

A look at stories across HousingWire’s weekend desk, with more coverage to come on bigger issues: As they witness a steady flow of new and existing households in and out of the ownership market, housing analysts at Bank of America ($7.73 -0.06%) say the nation’s homeownership rate will decline further. The rate will eventually fall to about 63% and remain there, they say, pulled down by the continued flow of foreclosures. Some 34.6% of families rented their home in the first quarter, up from 34% at the end of 2011. […]

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Featured Chicago Gay Realtor: Gregg-Team, EXIT Realty Redefined

Buying a Home

Gregg is An Annual Top-Producing, Multi-Multi Million Dollar Residential Home Marketing and Sales Executive. Gregg has long served the real estate needs of GREATER Chicago and VERY PROUDLY those of the GLBT community where it has long been said, “Gregg Will Work So Hard for You, You Will Think There Is More Than One of Him!” SELLERS: Contact Gregg about his teams “Seller Success Fee Program”. BUYERS: You are going to want to know bout Gregg’s “Buyer Cash Incentive/Rebate Program”. Click here to search for a gay or lesbian real […]

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More Home Owners Take on House Projects Themselves

Buying a Home

A new survey shows that the tighter economy has prompted more home owners to tackle do-it-yourself house projects — everything from plumbing, painting, and installing patio deck tiles, according to a new report from Bank of America. Home owners say they used to hire-out for such projects in the past. The survey found that 70 percent of home owners have taken on such improvement jobs to curb housing costs in the last year. The most common DIY house tasks: repairing leaky faucets, fixing loose wiring in a light, as well […]

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5 New ‘Rules’ to Home Buying

Buying a Home

With signs of a housing turnaround getting stronger, housing experts say buyers are finding several recent changes when they go to put in an offer on a home. A recent article at U.S. News & World Report highlights some of these changing “rules” for your home buyer clients: 1. Lowball offers won’t likely stick: Sure, deals are still around, but lowball offers that aren’t in line with comparable sales data are increasingly proving to be a waste of time. Buyers may be better off asking for seller concessions, such as […]

Featured Chicago Gay Realtor: Mark, RE/MAX Edge

Buying a Home

I value my connections with the LGBT community and love doing business with the community that is closest to my own. Having lived in Boystown for years, I know the best places to live and the ones to avoid! I left ‘corporate America’ to sell real estate because I LOVE going into other people’s homes! Seriously, a successful Realtor must have a wide-range of skills = the ability to serve client’s needs, anintimate knowledge of a desired area, a proven process, solid negotiation skills, a sense of urgency, problem solving […]

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