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Daily Real Estate News | Friday, January 20, 2012 --> Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above where they were a year ago, according to the National Association of REALTORS®.
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Daily Real Estate News | Monday, November 21, 2011 --> Existing-home sales improved in October while the number of homes on the market continued to decline, according to the National Association of REALTORS ® . Total existing-home sales — completed
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Daily Real Estate News | Monday, September 12, 2011 --> The National Association of Home Builders is debuting a new economic index that highlights metro areas that are seeing the most improvement in their housing markets. The First American Improving
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Daily Real Estate News | Monday, September 12, 2011 --> With the growth of green building the last decade, green lending has emerged to help finance those often costly “green” upgrades. Dave Porter, with PorterWorks in Stanton, Wash., who
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Nationally, the median age of inventory of homes on the market shrank slightly in May from April to 92 days, but still marks a 4.55 percent year-over-year increase. But in some markets homes are selling much faster. For example, the fastest-selling market
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A ruling by the state Court of Appeals could mean relief for thousands of people facing foreclosure in Michigan. The ruling applies to foreclosures started under the Mortgage Electronic Registration System, or MERS. MERS is a nationwide system that was
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Attachment(s): 53627924-Michigan-Court-of-Appeals-Rules-Against-MERS.pdf
Statistics for: Class=SF, VL, CM, MF AND Status=ACT'SLD'PND AND Date Range=01/01/2011-04/30/2011 AND Area=1, 2, 3, 4, 5 AND Board=-1; As Of: 4/26/2011 Active Price Range Number of Listings Average Days On Market 0$ - $19,999 1,102 528 $20,000
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Mortgages for single-family homes that are 90 days or more delinquent declined for the third consecutive month in February, Freddie Mac reports. Delinquencies on single-family homes dropped to 3.78 percent in February from 3.82 percent in January. What’s
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Pending home sales increased in February but with notable regional variations, according to the National Association of REALTORS®. The Pending Home Sales Index , a forward-looking indicator, rose 2.1 percent to 90.8, based on contracts signed in February,
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Later this month, the Federal Deposit Insurance Corp. will consider new rules that define what a safe or “qualified” residential mortgage is as part of the Dodd-Frank financial overhaul law. Experts say the classification will likely have
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For-sale-by-owners are rare nowadays. In fact, the number of FSBOs dropped to record lows over the past year. Unrepresented sellers make up just 11 percent of the market, down from 13 percent in 2009, according to the 2010 National Association of REALTORS®
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WASHINGTON -- Bank of America is delaying foreclosures in 23 states as it examines whether it rushed the foreclosure process for thousands of homeowners without reading the documents. The move adds the nation's largest bank to a growing list of mortgage
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If you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won't
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The trend in firming home prices solidified in the second quarter with more metropolitan areas showing increases from a year ago, aided by a surge in home sales driven by the home buyer tax credit, according to the latest survey by the National Association
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Average interest on a 30-year fixed mortgage fell to an all-time low of 4.69 percent this week, down from 4.75 percent a week ago, reports Freddie Mac. Although rates have held below 5 percent since early May, Michael Fratantoni of the Mortgage Bankers
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