WeeHouse Exhibition Stops in City of Brotherly Love - 09/30/08 09:04 AM
Once a year or so, the weeHouse hits the road to show off its unique features and educate the public on its innovative eco-friendly design. Last year, the weeHouse made its way to San Francisco. This year, with the support of General Motors and its Saturn division, the microhouse will travel … (4 comments)
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Home Sales and Prices Down in August - 09/26/08 08:56 AM
Sales and home prices have dipped again in August by nearly 10 percent from a year ago, according to data released this week from the National Association of Realtors. The national, median existing-home price for all housing types was $203,100 in August, down 9.5 percent from $224,400 in 2007.
While … (5 comments)
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ZIPS Where Homes Sell Fast - 09/25/08 09:58 AM
Altos Research, which tracks real estate data all over the country, identified the following ZIP code areas where homes for sale spent the fewest days on the market. In cases where communities of relatively fast-selling real estate were clustered, the best ZIP code in the area was chosen. Housing experts say … (2 comments)
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The Bush Administration's $700 Billion Bail Out Plan - 09/24/08 09:12 AM
The Associated Press reported that Federal Reserve Chairman Ben Bernanke bluntly warned Congress on Tuesday it risks a recession, with higher unemployment and increased home foreclosures, if lawmakers fail to pass the Bush administration's $700 billion plan to bail out the financial industry.
Bernanke told the Senate Banking Committee that inaction … (0 comments)
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Keeping Agents and Home Owners Safe - 09/23/08 08:43 AM
September 14-20 marked the fifth annual Realtor Safety Week, and with October kicking off Open House Month for many brokerage offices across the country, it's important for agents and home sellers to prepare with some basic safety tips before welcoming strangers into their homes.
Here are some basic and practical safety … (2 comments)
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Florida Homes Built on Former Bombing Range - 09/22/08 10:02 AM
Homeowners across the country have been seeing their property values sink with the slumping housing market, but residents in one Florida community have a more explosive reason behind their depreciating home values. According to a Foxnews.com report from the Associated Press, an 8-year-old development in Orlando, FL, was built on a … (0 comments)
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Florida Homes Built on Former Bombing Range - 09/22/08 09:53 AM
Homeowners across the country have been seeing their property values sink with the slumping housing market, but residents in one Florida community have a more explosive reason behind their depreciating home values. According to a Foxnews.com report from the Associated Press, an 8-year-old development in Orlando, FL, was built on a … (3 comments)
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Hurricane Ike Paralyzes Texas Coast - 09/18/08 09:10 AM
Every week I usually get an e-mail from fellow Homescape and Active Rain blogger, Frank Schulte-Ladbeck, on what new blog post he's working on for the week. Frank is a Houston-based home inspector, and through his blogs he gives our readers helpful advice on inspections and tips on how to keep your … (6 comments)
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Top Home Builders Leaving Buyers Satisfied - 09/16/08 03:02 PM
No one is going to argue that we're in a housing slump. Although declining new-home prices and high inventory levels have dented the coffers of some top builders, many of them are still succeeding in improving overall customer satisfaction in 2008, compared with 2007, according to the J.D. Power and Associates … (2 comments)
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Foreclosures, Loan Delinquencies Impact the Housing Market - 09/15/08 08:43 AM
For many homeowners helplessly watching their property values take nose dives and housing experts observing the market like hawks, the question on most peoples' minds these days is: Are we close to the bottom of this housing mess yet?
Many industry experts are saying the minute a significant … (1 comments)
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Where and Why People Move - 09/12/08 10:20 AM
The United States Census Bureau recently released numbers showing that when most people move, they stay within their own county, and the overwhelming majority remains within their own state.
The Bureau found that between 2006 and 2007, 38.7 million people moved in the U.S. Of that number, 25.2 million stayed in … (4 comments)
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NBA's Allen Iverson Can't Sell His Home - 09/11/08 08:46 AM
NBA hotshot Allen Iverson may be living the highlife, driving around town in expensive cars, eating at the finest restaurants and shuffling past long lines at the hottest night clubs. But even superstars are feeling the pains from one of the worst housing slumps in U.S. history. According to The Wall … (5 comments)
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What First-Time Home Buyers Really Want - 09/10/08 09:01 AM
For first-time home buyers, one of the driving factors that influences their decision is figuring out if it's more affordable to rent or buy right now. According to a recent Coldwell Banker survey conducted among its brokers, first-time home buyers are primarily concerned with affordability when choosing a new home. However, … (0 comments)
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What the Fannie and Freddie Takeover Means for Home Buyers - 09/09/08 09:29 AM
U.S. Treasury Secretary Henry Paulson helped engineered the government's plan to takeover Fannie and Freddie.
With their hands on about half of all mortgages in the United States, totaling an estimated $5 trillion, lending giants Fannie Mae and Freddie Mac have a huge impact on swinging the housing pendulum. And … (4 comments)
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Mortage Fraud Cases Continue to Increase - 09/08/08 09:53 AM
The subprime mortgage fallout and foreclosure epidemic has unveiled numerous problems that ran astray during the days of the housing market boom. The countless predatory lending schemes and mortgage fraud causes manifested themselves as more and more families began to default on their home loans. The problems have lead … (2 comments)
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Cities Where Home Values Expected to Rise - 09/04/08 09:59 AM
Over the last year, news for once-booming housing markets like Las Vegas and Phoenix have had a less-than-rosier outlook. According to data from the National Association of Home Builders, housing starts in Las Vegas are expected to drop by 32 percent in 2008 and actually get worse in 2009, falling an … (1 comments)
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Why Real Estate Agents Matter in the Internet Age - 09/03/08 08:32 AM
Are you looking to sell or buy a home and are desperately seeking a helpful real estate agent? You're not alone. A J.D. Power and Associates 2008 Home Buyer/Seller Study released in July found that real estate agents still remain key to customer satisfaction despite the popularity of home … (5 comments)
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Cities With Robust Home Equity - 09/02/08 09:39 AM
While a recent report from the Standard & Poor's/Case-Shiller U.S. National Home Price Index released last week showed that housing values have dropped by 15.4 percent nationally, there remains a good handful of cities that have retained healthy home-equity values.
Last month Forbes.com named their top five metro areas that showed … (4 comments)
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