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  • CENTURY 21 Real Estate Sweeps J.D. Power 2014 Home Buyer/Seller Satisfaction Study

    MADISON, N.J., Aug. 6, 2014 /PRNewswire/ -- CENTURY 21 Real Estate, the iconic brand with the world's largest real estate franchise sales organization, announced that it has been ranked highest in overall customer satisfaction by the J.D. Power 2014 Home Buyer/Seller Satisfaction Study(SM) , released today. Specifically, CENTURY 21(R) Real ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 11, 2014
  • NAHB's Most Popular New-Home Features

    Daily Real Estate News | Monday, March 31, 2014 --> Convenience, livability, and energy efficiency are top priorities in the construction of new homes this year, according to the National Association of Home Builders, which recently released the most popular features in new single-family homes in 2014. Builders nationwide were ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 31, 2014
  • Demand for Foreclosures Is Softening, Fannie Says

    Demand for REOs Is Softening, Fannie SaysDaily Real Estate News | Monday, March 03, 2014 --> Fannie Mae’s sales of REOs fell 14 percent during the fourth quarter compared to the previous quarter, as the mortgage giant notes weakened demand for foreclosed properties. "Between higher pricing in some markets and somewhat ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on March 3, 2014
  • Luxury Home Sales on the Rise

    Luxury Returns to HousingDaily Real Estate News | Monday, January 27, 2014 --> Following the recent recession, interest in large and expensive homes dropped dramatically as home buyers showed preferences for smaller, more affordable homes. But house hunters are being attracted to luxury home features once again, as the affluent buyer ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 27, 2014
  • 2013 Year-End Foreclosure Report: Filings Fall 26%

    Daily Real Estate News | Friday, January 17, 2014 --> Last year, the foreclosure crisis began dissipating. Foreclosure filings -- including default notices, scheduled auctions, and bank repossessions -- were down 26 percent in 2013 compared to 2012, and were down 53 percent from the peak in 2010, according to RealtyTrac’s ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 20, 2014
  • 4 Keys Identified for a Full Housing Recovery

    Daily Real Estate News | Friday, January 17, 2014 --> In order to have a fully recovered housing market and economic recovery, economists point to the need for four positive indicators:  1. A healthy job market with low stable unemployment;  2. Mortgage delinquencies that have returned to historical averages;  3. ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 20, 2014
  • 2013 Traverse City area Real Estate Statistics - Market Improving

    Happy 2014 from Traverse City. The 2013 Traverse City / Grand Traverse area real estate market statistics are in for our local MLS/ 5 County area and the market has improved in every category as you can see by the attached document. If you or anyone you know has any selling or buying real estate needs please Contact Jon anytime, ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on January 13, 2014
  • FHA Closing Gap on Capital Shortfall

    Daily Real Estate News | Monday, December 16, 2013 --> A year ago, the Federal Housing Administration was projected to face a $16.3 billion shortfall, but the shortfall now has fallen to $1.3 billion, a new independent audit shows.  FHA received $1.7 billion in funds from the U.S. Treasury in September to help cover projected ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on December 16, 2013
  • Foreclosures Fall to 5-Year Lows

    Daily Real Estate News | Monday, November 25, 2013 --> National foreclosure pre-sale inventory is at its lowest point since 2008, Lender Processing Services reports.  The inventory—which reflects the number of loans that are in some stage of foreclosure—represents 2.54 percent of all mortgaged homes in LPS' ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 25, 2013
  • Lenders Loosen Down Payment Requirements

    Daily Real Estate News | Monday, November 18, 2013 --> Lenders' tight underwriting standards have been blamed for sidelining many potential home buyers the last few years. But lenders may be showing signs of loosening up a bit.  The average down payment on a 30-year, fixed-rate mortgage fell 2.74 percent from the second ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 19, 2013