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All Blog Posts Tagged 'tweet' (140)

Banks Offer More Cash Incentives for Short Sales

 

More banks are offering home owners incentives to sell their houses in a short sale to prevent a costly foreclosure to the bank. In fact, some banks are offering struggling home owners as much as $35,000 to do a short sale, according to an article at CNNMoney.

Many home owners have been…

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Added by GLOZAL on February 14, 2012 at 10:28am — 16 Comments

Top 10 ‘Turnaround Towns’ in Real Estate

Florida cities are expected to see some of the biggest recoveries in housing prices in the coming months, according to a new report by Realtor.com that reveals the top turnaround towns. In fact, the signs are already there with drops in inventories and distressed homes, as well as higher listing prices and…

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Added by GLOZAL on February 13, 2012 at 5:44pm — 5 Comments

Divorce-Caused Sales Have Unique Concerns

 

A home sale can be difficult in the best of times, but troubles are compounded when the transaction involves divorcing sellers.



Some Realtors have made a niche for themselves by obtaining professional certification as a divorce real estate expert. As part of their training these agents know…

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Added by GLOZAL on February 13, 2012 at 9:01am — 6 Comments

1 in 3 Home Searches Cross State Lines

 

According to real estate search engine Trulia, “House hunters near and far eye Florida real estate.” Seven of the top 10 metros with high demand from out-of-state residents are in Florida. Even with a backlog of homes unable to complete the foreclosure process, big price declines mean more people want…

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Added by GLOZAL on February 12, 2012 at 1:41pm — No Comments

Homebuilders – And Their Investors – See Signs of a Turnaround

Barb Jandric, the head of Minnesota’s biggest real estate broker, hasn’t seen the Minneapolis market boost sales without government aid in six years – until a narrow gain in 2011. Ryland Chief Executive Larry Nicholson hasn’t seen a yearly profit since before the recession, but the home builder expects one…

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Added by GLOZAL on February 11, 2012 at 11:37am — No Comments

Local MLSs Stop Using Zillow-owned IDX Product

As the long-lived debate over listings syndication heats up, real estate search and valuation site Zillow is among the online portals that have drawn criticism from real estate industry professionals.

Two multiple listing services have discontinued their agreements approving real estate technology…

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Added by GLOZAL on February 10, 2012 at 4:39pm — 2 Comments

More Deals Falling Through

 

 

Appraisals coming in lower than the agreed-upon sales price continue to cause more real estate deals to be cancelled, recent surveys show. 

In December, a third of real estate professionals reported they had a real estate contract fall through, up from 9 percent a year…

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Added by GLOZAL on February 9, 2012 at 9:10am — 6 Comments

Fannie Starts Accepting Online Offers for Properties

Fannie Mae has announced that it is rolling out a pilot program nationwide that will allow real estate agents to now submit and track their…

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Added by GLOZAL on February 8, 2012 at 3:02pm — 12 Comments

Will the Real Estate Market Heat Up This Spring?

The spring season usually brings an increase in buying and selling to the real estate market, and housing experts are mostly optimistic that this spring will be even better than recent years. 

Some signs are already there: Housing inventories are declining, housing affordability is at record highs,…

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Added by GLOZAL on February 7, 2012 at 9:46am — 5 Comments

Did Builders Overbuild Oversized Houses?

 

Forty-three percent of Americans like big, suburban homes, but the majority prefers condos, apartments, and smaller homes, Chris Nelson, who heads the University of Utah’s Metropolitan Research Center, said at a smart growth conference this week. 

Nelson said that there needs to be less…

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Added by GLOZAL on February 6, 2012 at 9:26am — 4 Comments

Rural Refinance Pilot Program Announced

The USDA is launching the Single Family Housing Guaranteed Rural Refinance Pilot Program, which is designed to help rural home owners refinance their mortgages in order to reduce monthly payments.

The initiative is for borrowers who have loans made or guaranteed by USDA Rural Development and who have been…

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Added by GLOZAL on February 3, 2012 at 8:59am — 3 Comments

Home Ownership Rate Drops to 1997-Levels

The home ownership rate took another dip in the fourth quarter of 2011, falling for the seventh year in a row as fewer Americans own their homes.  

The home ownership rate now stands at 66 percent, a level that hasn’t been reached since 1997, the U.S. Census Bureau reported this week. The home ownership rate peaked at 69.2 percent in the fourth quarter of 2004, and has gradually fallen ever since.

The home ownership rate has fallen the most in the West,…

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Added by GLOZAL on February 2, 2012 at 2:00pm — 5 Comments

Investors Jump in to Turn Foreclosures into Rentals

The government and private equity firms are gearing up to start marketing foreclosed homes as rentals in an effort to help lessen the downward impact foreclosures have on the price of nearby homes. 

The Federal Housing Finance Agency plans to offer some of its 180,000 foreclosed homes through Fannie Mae and…

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Added by GLOZAL on February 2, 2012 at 9:07am — 1 Comment

Home Prices Dropped in Nov. in Most U.S. Cities

WASHINGTON (AP) – Feb 1, 2012 – U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market.



Prices dropped in November from October in 19 of the…

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Added by GLOZAL on February 1, 2012 at 10:27am — 1 Comment

5 Housing Markets Expected to Outshine All the Rest

Inman News released a report highlighting metro areas that are expected to “outshine many other markets in real estate performance this year.” 

In its report, Inman News scanned metro areas with populations over 150,000 to find where real estate sales volume is rising, job markets are growing, foreclosure…

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Added by GLOZAL on January 31, 2012 at 4:26pm — 2 Comments

Obama Extends Foreclosure Prevention Program Aid

The Obama administration will be expanding eligibility requirements for its foreclosure prevention program, the Home Affordable Modification Program (HAMP), to help more struggling home owners participate. 

The program will expand its eligibility requirements for those who may qualify for a loan…

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Added by GLOZAL on January 31, 2012 at 10:39am — 6 Comments

Where the Biggest Foreclosure Discounts Are

Foreclosures in the third quarter sold, on average, for about a 34 percent discount compared to the average sales price of homes not in foreclosure, according to the latest report from RealtyTrac. 

But in some metro areas discounts can be even larger between foreclosures and other home…

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Added by GLOZAL on January 30, 2012 at 11:06am — 1 Comment

San Diego broker pulls listings from third-party sites

San Diego-based ARG Abbott Realty Group has taken a very public stance in its decision to immediately stop syndicating listings to third-party websites -- including Zillow, Trulia, and Realtor.com -- with Jim Abbott, the company president and managing broker, explaining the decision by his 25-agent firm in a YouTube video posted Thursday.

The company's…

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Added by GLOZAL on January 27, 2012 at 5:25pm — 3 Comments

Where the Biggest Foreclosure Discounts Are

 

Foreclosures in the third quarter sold, on average, for about a 34 percent discount compared to the average sales price of homes not in foreclosure, according to the latest report from RealtyTrac. 

But in some metro areas discounts can be even larger between foreclosures and other home…

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Added by GLOZAL on January 27, 2012 at 3:14pm — 1 Comment

Relationship Management: Bounce Back From 5 Technology Blunders

Technology can be your best ally or worst enemy. How can you recover from an embarrassing or humiliating incident over e-mail, social networks, or the phone, or even avoid a tech mishap in the first place?

We all make mistakes sometimes, but a mistake delivered over…

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Added by GLOZAL on January 26, 2012 at 12:18pm — No Comments

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