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March 2010 - Posts
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Daily Real Estate News | March 29, 2010 Now that health insurance reform is signed into law, what is the impact on real estate brokers and sales associates? First, if you are an individual who buys your own coverage and have a policy you like, your coverage Read More...
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Daily Real Estate News | March 30, 2010 The FHA's move to raise upfront mortgage insurance premiums takes effect next week, soon to be followed by a reduction in allowable seller concessions toward a borrower's closing costs. Speaking to a Housing Read More...
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Daily Real Estate News | March 25, 2010 China’s real estate market has been growing at a frenzied pace, but some analysts believe that this growth can’t continue and, when the inevitable decline happens, it could rock the U.S. economy. "China Read More...
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Daily Real Estate News | March 25, 2010 A new study contends that only 39 percent of U.S. communities are affordable for typical households when the cost of transportation is included in the calculation of housing costs. The Center for Neighborhood Technology Read More...
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Daily Real Estate News | March 22, 2010 Potential buyers of short-sale homes might consider waiting until April 5th before making a formal offer. That’s the date the federal government will begin offering lenders financial incentives to hasten the Read More...
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Daily Real Estate News | March 19, 2010 About one in every six Americans lives in a multi-generational household, up 30 percent since 2000, according to U.S. Census figures and a study released Thursday by the Pew Research Center. The study found that Read More...
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Daily Real Estate News | March 18, 2010 | Wells Fargo & Co. has joined Bank of America Corp. as the first two banks to sign onto the federal government’s program to modify second mortgages. Under the government’s plan, borrowers who have Read More...
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Daily Real Estate News | March 18, 2010 | The decline in home sales in February was a disappointment to the housing industry, but Fannie Mae’s analysts say it is temporary and a sustainable turnaround is likely by the end of the year. Fannie Mae Read More...
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Daily Real Estate News | March 17, 2010 | addthis_pub = 'rmostaff'; addthis_logo = 'http://www.addthis.com/images/yourlogo.png'; addthis_logo_background = 'EFEFFF'; addthis_logo_color = '666699'; addthis_brand = ''; addthis_options = 'delicious, digg, Read More...
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Daily Real Estate News | March 16, 2010 Projections about where credit rates will go in the next year vary widely, but most mortgage analysts think the effect of the Federal Reserve’s move away from the market won’t be dramatic. Analysts at Read More...
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Daily Real Estate News | March 15, 2010 | addthis_pub = 'rmostaff'; addthis_logo = 'http://www.addthis.com/images/yourlogo.png'; addthis_logo_background = 'EFEFFF'; addthis_logo_color = '666699'; addthis_brand = ''; addthis_options = 'delicious, digg, Read More...
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Daily Real Estate News | March 12, 2010 Now is not the time to raise the downpayment requirement on a Federal Housing Administration loan, warns FHA Commissioner David Stevens. Stevens, testifying before a committee of the U.S. House, said his agency Read More...
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Daily Real Estate News | March 9, 2010 The market for second homes is improving, but prices are still as much as 40 percent off the peak, Barron’s magazine observes. Potential buyers include not only families but also investors, says Jan Reuter, Read More...
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Daily Real Estate News | March 9, 2010 The inventory of homes for sale was up 4.2 percent at the end of February, compared to the prior month in the 27 major metropolitan markets covered by ZipRealty Inc. On average, over the last 27 years, the increase Read More...
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Daily Real Estate News | March 8, 2010 | addthis_pub = 'rmostaff'; addthis_logo = 'http://www.addthis.com/images/yourlogo.png'; addthis_logo_background = 'EFEFFF'; addthis_logo_color = '666699'; addthis_brand = ''; addthis_options = 'delicious, digg, Read More...
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Daily Real Estate News | March 8, 2010 | addthis_pub = 'rmostaff'; addthis_logo = 'http://www.addthis.com/images/yourlogo.png'; addthis_logo_background = 'EFEFFF'; addthis_logo_color = '666699'; addthis_brand = ''; addthis_options = 'delicious, digg, Read More...
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Daily Real Estate News | March 5, 2010 Will people who currently face foreclosure or short sales or who walk away from their underwater properties ever be able to get financing to buy another home down the road? Banks haven’t been very forthcoming Read More...
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Daily Real Estate News | March 5, 2010 Freddie Mac documented a decline in mortgage rates during the week ended March 4, with 30-year fixed home loans slipping to 4.97 percent from 5.05 percent and 15-year interest averaging 4.33 percent. Also, the Mortgage Read More...
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Daily Real Estate News | March 2, 2010 Potential home buyers who delay have a lot to lose. First-time home buyer and move-up tax credits worth $8,000 and $6,500, respectively, expire April 30. Buyers who qualify get a dollar-for-dollar reduction in taxes Read More...
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Daily Real Estate News | March 1, 2010 Should home buyers with sufficient cash pay down their mortgages or put the extra money in investments or savings? Financial experts say the choice depends on the home buyer's employment prospects, current savings, Read More...
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Daily Real Estate News | February 25, 2010 Investors breathed a sigh of relief Wednesday when Federal Reserve Chair Ben Bernanke told Congress that interest rates are likely to remain low for an extended period. The economy, he said, "still requires Read More...
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Daily Real Estate News | February 26, 2010 Average rates for conventional 30-year mortgages went up to 5.05 percent this week from 4.93 percent a week earlier, according to Freddie Mac. Interest on 30-year fixed loans had been below 5 percent for the Read More...
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