home owning: Home Prices Experience Biggest Annual Decline in 21 Years - 02/26/09 09:37 AM
The S&P/Case-Shiller U.S. National Home Price Index plunged 18.2% during the final quarter of 2008, the biggest annual decline in the closely watched index's 21-year history. Separately, for the month of December alone the Case-Shiller 20-City Composite Index fell 18.5% compared with the previous December, also a record decline.
The seven … (3 comments)
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home owning: New Housing Radio Show Set to Debut - 02/10/09 08:37 AM
Call me old-school, but I like to listen to radio talk shows when I'm in my car. Over the last few years, the housing market boom then bust has been a topic that's dominated the airwaves. And for one new radio show, there's still plenty more to talk about.
… (1 comments)
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home owning: Homeowners Want More Energy and Water-Efficient Products - 01/27/09 09:08 AM
As the earth's natural resources continue to be depleted and energy costs across the globe continue to rise, more and more consumers are seeking green home products, especially those that focus on energy and water efficiency. And there is every indication that trend will only get stronger, according to home building … (3 comments)
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home owning: Retrofitting Older Homes to be More Green - 01/22/09 09:38 AM
Photovoltaic roof panels that harness solar energy create electricity for the home, heat water, and improve indoor lighting.
As the nation's home builders embrace green building in growing numbers, industry research indicates that even the most aggressive efficiency goals for new homes won't make a dent in overall energy consumption. … (6 comments)
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home owning: Foreclosure Activity Increases by 81 Percent in 2008 - 01/20/09 11:08 AM
RealtyTrac, an online marketplace for foreclosure properties, released its 2008 U.S. Foreclosure Market Report last week, which showed foreclosure activity increased 81 percent in 2008. According to the report, a total of 3,157,806 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 2,330,483 … (5 comments)
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home owning: Homescape Web Site Changes Name to HomeFinder.com - 01/08/09 10:33 AM
I usually post a blog everyday on ActiveRain, but over the past few weeks I've been a bit busy preparing for some new changes at Homecape, so I apologize for my absence here on the AR. Below is a message from Tim Fagan, President of CV Real Estate (and my boss), about all the new … (2 comments)
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home owning: 5 Things Agents Should Avoid with Homebuyers - 12/19/08 12:22 AM
Over the past couple of weeks I've been helping a friend look around for a new condo here in the Chicago metro market. While he's currently just window shopping and hasn't entered into any serious talks with potential sellers, he's your ideal buyer - especially during this slow housing market. His … (97 comments)
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home owning: Foreclosure Activity Down in November - 12/15/08 09:49 AM
November was a classic good news bad news month for foreclosure activity. According to RealtyTrac's most recent U.S. Forelosure Market Report, which shows foreclosure filings - default notices, auction sale notices and bank repossessions - foreclosure activity decreased 7 percent in November from October, but jumped 28 percent from the … (3 comments)
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home owning: Pending Home Sales Fall in October - 12/10/08 09:13 AM
Despite a rise in unemployment and falling retail sales, pending home sales remain in a stable range, according to the National Association of Realtors (NAR). NAR's Pending Home Sales Index (PHSI), a forward-looking indicator based on contracts signed in October, slipped 0.7 percent to 88.9 from an upwardly revised reading of … (1 comments)
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home owning: Historic Low Home Loan Interest Rates - 12/05/08 08:41 AM
The Federal Reserve's announcement last week that they would purchase $500 billion in mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac created a frenzy of refinancing activity across the country, according to the New York Times. The Times reported that refinancing activity accounted for 69.1 percent of … (4 comments)
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home owning: Home Prices Tumble to Record Lows - 11/25/08 10:37 AM
The Standard & Poor's/Case-Shiller U.S. National Home Price Index tumbled a record 16.6 percent during the quarter from the same period a year ago. Prices are at levels not seen since the first quarter of 2004.
The monthly indices also showed record declines. The 20-city index fell by 17.4 … (1 comments)
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home owning: Fannie and Freddie Suspend Foreclosures - 11/24/08 09:44 AM
Some troubled homeowners on the verge of losing their property are starting to feel extra thankful this holiday season. Lending giants Freddie Mac and Fannie Mae, which were seized by the government in September, announced last Thursday that they will contact an estimated 16,000 borrowers who are facing foreclosure or evictions … (3 comments)
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home owning: More Housing Aid Needed to Boost Economy - 11/19/08 09:50 AM
With Congress considering a return to Washington this month for another economic stimulus effort, the National Association of Realtors has proposed what they are calling a "four-point plan", which they want included in any future stimulus plan being put forth. The trade organization, which represents 1.2 million members across … (5 comments)
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home owning: The Double-Edged Sword of Foreclosures - 11/11/08 08:43 AM
The sales of foreclosed properties are having a noticeable impact on home prices and increased sales in major real estate markets across the United States. In August, 23 of the 25 metropolitan statistical areas (MSAs) tracked by Radar Logic's Residential Property Index experienced year-over-year home price declines, while … (3 comments)
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home owning: Reality Show Home Up for Sale - 11/10/08 08:48 AM
About three months ago, I blogged about an "Extreme Makeover" home in Georgia that succumbed foreclosure. The owners, Milton and Patricia Harper, used the house at 5489 Ahyoka Drive in Clayton County, GA, as collateral for a $450,000 loan, the Associated Press reported.
Records at the law firm handling foreclosures for … (4 comments)
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home owning: Homescape’s Green Initiative - 11/07/08 09:21 AM
Going green at home used to just mean separating the plastic and paper from the rest of the garbage. But in most households today, consumers believe that energy conservation is essential and the cost of green improvements is a significant factor in their home-buying decisions. For consumers looking for a home … (2 comments)
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home owning: The American Dream - 11/04/08 08:41 AM
Today's election day, and I'm feeling extra patriotic - even without sporting my American flag lapel pin. I got out of bed bright and early this morning to cast my votes for the next president of the United States and other candidates running for office in my area. But I'll keep … (2 comments)
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home owning: New Plan to Help Troubled Home Loans - 10/31/08 09:14 AM
Put away the pitchforks and torches, there may be some help on the way for struggling homeowners. The $700 billion bailout of Wall Street and private banks has been under heavy scrutiny from taxpayers, who say the government has done little or nothing for Main Street Americans on the … (1 comments)
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home owning: Back to the Future of the Housing Market - 10/30/08 08:49 AM
In the film, "Back to the Future," Marty McFly meets Doc as planned in the parking lot of Twin Pines Mall. Doc presents a DeLorean DMC-12 which he has modified into a time machine. As Marty videotapes, Doc explains the car travels to a programmed date and time upon reaching 88 … (8 comments)
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home owning: Home Prices Continue Dropping in August - 10/29/08 08:35 AM
The housing market has been slightly uplifted in recent weeks with positive news from the U.S. Department of Commerce and the National Association of Realtors about increases in new and existing home sales. But don't start celebrating yet. Prices of existing homes in August continue to show broad declines across the … (1 comments)
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