All Blog Posts Tagged 'Professional' (139)

The number of homes for sale in the last year is falling the most in California, with eight of the top 10 biggest drops in inventories in the last year from metro areas in the Golden State. Many California metros are also seeing asking prices on the rise in the last year, too.

Nationwide,…

Homeowner association meetings can get heated as neighbors fight with neighbors or dispute board rules. But a recent HOA meeting in Louisville, Ky., resulted in two people dead.

A 55-year-old man, Mahmoud Yousef Hindi, has pleaded not guilty to two murder charges that stem from accusations that he…

What you might NOT know about GOOGLE APPS!

If you are using an Android Tablet or Phone and you have installed one of Google’s Apps such as Google search or Google+ or using GMAIL, you have agreed to terms & conditions…

Freddie Mac could receive between $2.2 billion and $3.4 billion in more profits from forcing lenders to buy back "a significantly larger" number of soured mortgages, according to the Federal Housing Finance AgencyInspector General.

Up to $1.2 billion in new profits could go to the GSE this year alone.

The FHFA IG said the estimates are based on a review of 350,000 more loans than before.

"Freddie Mac…

Several real estate markets are showing signs of recovery, with median home prices and sales rising. But which markets are showing some of the strongest signs of recovery?

24/7 Wall St. recently evaluated home price changes for the year ending in July, foreclosure data, the unemployment rate, and other factors to help determine which housing markets are performing some of the strongest. The states that emerged on top of the list are:

1.…

A Florida home has sold for $47 million, a record for a single-family house in Miami-Dade County, as the high-end real-estate market shows signs of a resurgence.

The home was originally listed for $60 million and had been on the market since early 2011, when construction was still being completed. The asking price for the Indian Creek Village home was reduced to $52 million this year.…

GLOZAL's count down for it's release of its consumer listing portal coming September 1, 2012.

With the launch of our new consumer website we will combine Residential and Commercial property listings around the globe. GLOZAL’s new Global Multiple Listing Service…

Wells Fargo will pay some borrowers $125 million to settle claims its wholesale brokers steered minority homebuyers into more expensive subprime mortgages.

The San Francisco bank said it will cease funding mortgages originated by independent brokers through its…

Celebrities are increasingly finding that having a famous name doesn’t always help them sell real estate, even though those famous names may help them move movie or music tickets, perfumes, or other products. 

Several celebrities who have tried to sell their homes recently have had to reduce their asking prices or have found their big-priced homes linger on the market waiting for a buyer. 

In the last year, for example, actors like Goldie Hawn and Kurt Russell have had to…

For the fifth week, fixed-rate mortgages reached new all-time lows. The 15-year fixed-rate mortgage dipped below 3 percent, settling into uncharted territory, according to Freddie Mac’s weekly mortgage market survey. Thirty-year fixed-rate mortgages also reached new record lows, continuing to stay under 4…

Forty-seven percent of Generation Yers say they plan to purchase a home within five years or less, according to a new study released by Western Union. That tops the general population, 29 percent of which say they plan to buy a home in the next five years or less. 

Ten percent of Generation Y members…

In the aftermath of the housing crisis, some analysts are questioning whether the public still considers home ownership to be part of the American dream.

But the home ownership dream is still alive, according to several recent surveys. For example, a recently released survey by Woodrow Wilson Center…

Real estate professionals rank higher than lawyers, business executives, and advertising practitioners when it comes to the public’s perceptions of honesty and ethics, according to a recent Gallup poll. 

In fact, real estate professionals received their highest rating yet in the poll, since Gallup…

Existing-home sales rose in April and remain above a year ago, while home prices continued to rise, according to the National Association of REALTORS®. The improvements in sales and prices were broad based across all regions.

Total…

For the third consecutive month, foreclosure filings dropped, sinking to their lowest level since July 2007, according to RealtyTrac’s April report on nationwide foreclosure activity. 

Foreclosure activity, which includes default notices, scheduled auctions, and bank repossessions, fell 5 percent from March…

In an effort to curb foreclosures, Bank of America is offering some of its defaulting home owners relocation assistance of anywhere from $2,500 to as much as $30,000 if they agree to complete a short sale. 

Bank of America and other banks increasingly are becoming more willing to complete short sales than in…

There are many positive signs in the housing market right now that suggest 2012 may be the best year for real estate since the subprime meltdown in 2007. However, the recovery has been inhibited so far due to lenders' reluctance to originate enough new mortgages to meet buyer demand, experts said yesterday at the…

Late last week, President Obama said more home owners are taking advantage of government programs to refinance into ultra-low mortgage rates, but there's still more Congress can do to make refinancing easier for home owners.

Refinancing applications have soared 50 percent since October as more home owners…