Category: Real Estate
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Why the Housing Market is a Great Investment in 2013
Ask most investors what they think about the housing market today, and they will most likely cringe out of habit. The reality is that…
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New Record Low for Mortgage Loans (Again!)
Long-term mortgage rates continued to move lower this week, with a 15-year fixed-rate mortgage falling to a record low for the second consecutive week.…
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Signs of a Real Estate Recovery?
The number of home owners who were put on notice for defaulting on their mortgage payments dropped last month to the lowest level since…
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No Good News on the Economy
First, real estate. The price of homes started sliding again, even as the number of homes moving remains near historic lows. Fewer people are…
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10 Ways To Know If You Drink Too Much Coffee
I just had to share this with you: 10 Ways To Know If You Drink Too Much Coffee You answer the door before people…
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Four Rules of Time
There are four rules of time. The first is that time is perishable. This means that it cannot be saved. In fact, time can…
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All-Cash Deals Boost Housing Market
More buyers are paying cash for real estate. About 28 percent of sales were all-cash transactions last year, according to the National Association of…
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It’s Confirmed, The Housing Double Dip Is Here
Nothing too fancy or hard to understand here… from the Just-released Case-Shiller index, it’s clear that the housing double dip is here. The chart…
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Home Prices Up… for Now!
According to the S&P/Case-Shiller Home Price Index, national home prices jumped 3.6% in the past year. Prices also climbed 4.4% in the second quarter…
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Delaying Foreclosures Will Cost Lenders
In a letter sent to servicers, Fannie Mae said it will now review the compensatory fees due to servicers in cases where the government…
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Spending Up More Than Income
Consumer spending is critical because it accounts for 70% of economic activity. The Commerce Department says spending fell 0.1% in April, rose a tiny…
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Foreclosures Up (Again)!
RealtyTrac reports that in July there were more than 325,000 foreclosure filings — including notices of default, auctions notices and bank repossessions — up…
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Real Estate Investing Tips
Real estate investing makes people think of money. You will see a lot of good reasons for this. Real estate is something that is…
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Another $3 Billion Down the Drain
President Obama’s Emergency Homeowner Loan Program is about to shovel $3 billion more at foreclosures. One part of the plan, announced Wednesday, includes a…
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New Record for 30 Year Mortgage Rates
Here we go again setting new records. Freddie Mac’s weekly report said the 30-year fixed rate slipped to 4.44% for the week ended Thursday,…