Real estate blog entries tagged with home selling by Amy Le (Homescape)

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home selling: 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)

home selling: 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)

home selling: 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)

home selling: 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)

home selling: New Home Sales Up in September - 10/28/08 08:59 AM

As median home prices dropped to the lowest level in four years, many economists appeared pleased that the housing market is beginning to chip away at the inventory glut. The U.S. Commerce Department said Monday that sales of new single-family homes rose by 2.7 percent in September to a … (8 comments)

home selling: Home Sales Up in September - 10/27/08 09:19 AM

The National Association of Realtors (NAR) reported on Friday that existing home sales increased last month as buyers responded to improved housing affordability conditions. Existing sales - which consist of single-family homes, townhomes, condominiums and co-ops - rose 5.5 percent to a seasonally adjusted annual rate of 5.18 million units in … (4 comments)

home selling: New State Legislations Slow Down Foreclosures - 10/24/08 09:22 AM

RealtyTrac on Thursday released its U.S. Foreclosure Market Report for September 2008 with some positive developments. While foreclosure filings reported on 265,968 properties in September - which included default notices, auction sale notices and bank repossessions - saw a 12 percent decrease from the previous month, there was still a 21 … (2 comments)

home selling: U.S. Cities Expected to Rebound from Housing Crash - 10/22/08 09:29 AM

The November issue of SmartMoney magazine profiles 25 metropolitan areas that are most likely expected to have a healthy rebound as the housing crisis bottoms out. So who are some of the lucky cities with the good karma coming their way?
This 3-bed, 3-bath Mid-Century Modern home in Seattle, WA, is … (2 comments)

home selling: Housing Starts Plummet in September - 10/20/08 09:28 AM

Privately owned housing starts fell to a seasonally adjusted annual rate of 817,000 in September, according to the U.S. Commerce Department report on new residential construction. The rate was down 6.3 percent from August's revised reading of 872,000 and 31 percent lower than September 2007. Building permits also sank. … (1 comments)

home selling: Pending Home Sales Rise in August - 10/09/08 08:40 AM

A glimmer of good news on the housing front! Pending sales of U.S. resale homes increased 8.8 percent in August compared to the same month last year, the National Association of Realtors reported on Tuesday, rising to the highest level since June 2007.
The index offers an indication … (3 comments)

home selling: Will Coldwell Banker's 10 Percent Home Price Reductions Be Enough? - 10/08/08 09:18 AM

When I was down in Orlando, FL, a few months ago visiting my dad, I decided to take a quick jog around his neighborhood. Like many of the newly constructed subdivisions in the Florida area, the streets were dotted with homes, still exposing their naked wood beams and dirt yards. As … (8 comments)

home selling: Woman Pays $1.75 for a Home on eBay - 10/03/08 09:34 AM

Last year I blogged about a Texas property owner who was selling an entire town on eBay. I guess if Sarah Palin can put the private jet up for sale on the auction site, why then not an entire town?
On Wednesday, my friend sent me an article on another unique … (6 comments)

home selling: John Wieland Homes Ranked Highest in Customer Satisfaction - 10/02/08 09:14 AM

Open a newspaper or turn on the television, and it's not hard to notice that the housing market isn't doing so hot. But despite the slump, one home builder has something to smile about.

Atlanta-based John Wieland Homes and Neighborhoods was ranked highest in customer satisfaction among new home builders … (0 comments)

home selling: John Wieland Homes Ranked Highest in Customer Satisfaction - 10/02/08 09:10 AM

home selling: October Kicks off Open House Month - 10/01/08 11:18 AM

Today kicks off Century 21 Real Estate's National Open House Month. Following its successful spring open house month promotion in April, Century 21 offices around the country will hold fall open house events for thousands of property listings throughout the month of October. In April 2008, the number of Century … (2 comments)

home selling: 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)

home selling: 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)

home selling: 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)

home selling: 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)

home selling: Florida Homes Built on Former Bombing Range - 09/22/08 09:53 AM

home selling: 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)

home selling: 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)

home selling: 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)

home selling: 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)

home selling: 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)

home selling: 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)

home selling: 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)

home selling: 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)

home selling: Housing Market on its Way to Recovery? - 08/27/08 09:12 AM

Despite a 15.4 decline in national home prices during the second quarter from the same period a year ago, there are signs of a silver lining in the sky. The rate of single-family home price declines slowed from May to June, according the Standard & Poor's/Case-Shiller U.S. National Home Price Index … (4 comments)

home selling: Denver's Public Transportation System Boosts Real Estate Appeal - 08/25/08 08:59 AM

Denver, CO, will be under the media spot light this week for the Democratic National Convention. So I thought I'd take this chance to highlight some of the best attributes in this Rocky Mountain metropolis. Denver has become a fast growing city, leading the charge in sustainable urban … (4 comments)

home selling: Affordable Cities for Homeowners - 08/22/08 09:03 AM

Are you looking for an affordable city to call home? Well if you're a fan of Nascar and keen on wholesome Midwest hospitality, then Indianapolis, IN, should be a great starting place for you. Indianapolis has flourished into a world-class metropolis over the last decade, and recently, it maintained its standing … (9 comments)

home selling: Paparazzi Proof Residences - 08/21/08 09:03 AM

Tired of being followed by pushy paparazzi, snapping away at your most personal and intimate moments. The 24-story tower Carlyle Residences on Wilshire Boulevard in Westwood, CA, is touting itself as the first building specifically designed to guard its residences from noisy photographers, reported the Los Angeles Times. A computer-generated rendering … (2 comments)

home selling: The Donald Saves Ed McMahon's Home from Foreclosure - 08/19/08 08:50 AM

On Donald Trump's realty television show "The Apprentice," the tough-talking, no-nonsense real estate tycoon has very little patience for excuses from his batch of whiny, ego-centric job candidates. But even the Donald makes exceptions. Ed McMahon's 6-bed, 5-bath Beverly Hills home was last listed at $4.6 million. Photo by Frazar Harrison/Getty … (8 comments)

home selling: NAR's Pending Home Sales Index Rises - 08/13/08 08:46 AM

According to the National Association of Realtors (NAR), the recently passed Housing and Recovery Act of 2008, may just be the spoonful of medicine needed to help remedy the housing market flu.
In their latest forecast on pending home sales, NAR said some improvement is projected for existing-home sales … (5 comments)

home selling: Using Google's Street View to Scope Out Neighborhoods - 08/08/08 12:33 PM

Earlier this year my friend invited me out to a party which was held at a restaurant in the Lakeview neighborhood here in Chicago. While I knew the general area of where the restaurant was located, I was planning on driving and needed to get a better idea of where … (9 comments)

home selling: What's an Eco-broker? - 08/05/08 09:08 AM

Like many new home buyers, I'm still trying to get up to speed with the ever-evolving trend of "green," eco-friendly homes. About a month ago I attended a seminar in my neighborhood on how to make your home more energy-efficient. While I was there, I met Kirk Fox, a certified eco-broker, … (0 comments)

home selling: Tax Credits for Going Green - 08/04/08 10:08 AM

About a few months ago, I attended a seminar at a local park in my neighborhood on how to make your home more energy-efficient. While many people at the meeting were grumbling over the price tags on some of the latest energy-efficient appliances, they were happy to learn … (4 comments)

home selling: Home Values Continue to Decline in May - 08/01/08 09:17 AM

For anybody still arguing that the real estate market is bottoming out, it doesn't look like the fat lady is singing just yet. Home prices tumbled by the steepest rate ever in May, according to the lastest report from the Standard & Poor's/Case-Schiller Home Price Index.
Home values have fallen 18.4 … (7 comments)

home selling: Extreme Makeover: Foreclosure Edition - 07/31/08 08:58 AM

I'm not going lie, I'm a reality-TV junky. I know there's a fair share of garbage being cranked out by some tasteless Hollywood television producer, but there are a few shows that just tug at your heartstrings and make you believe that there is some good in this world. One of … (6 comments)

home selling: Best Cities to Invest in a Home - 07/30/08 09:22 AM

While I have called Chicago my home for the past 10 years, I grew up in the "Lou," or better known as St. Louis by outsiders. So with my allegiance split between the two cities (sorry Redbirds, I'm an official Cubs fan now), it put a smile on my face to … (4 comments)

home selling: Famous Jazz Musician's Home Saved from Foreclosure - 07/29/08 08:47 AM

While the recently passed housing-rescue bill will bring some much needed aid to some 400,000 cash-strapped homeowners struggling to make their monthly mortgage payments, the legislation may be too little too late for many others. That is, unless you're a famous jazz vocalist with some prominent friends willing to lend a … (2 comments)

home selling: Foreclosure Activity Still Soaring - 07/28/08 09:20 AM

As Congress finally passed its landmark housing-rescue package over the weekend, which aims to help some 400,000 strapped homeowners from losing their homes, foreclosure filings across the country continued to pile up.
During the second quarter of this year, 739,714 homes received at least one foreclosure-related notice, or one in every … (3 comments)

home selling: Existing Home Sales Fall in June - 07/25/08 08:57 AM

Home sales continued their downward slide in June, according to a recent report from the National Association of Realtors. The real estate trade group's latest report indicated a 2.6 percent drop in home sales last month. The continued decline has also depressed home prices, bringing the median price last … (2 comments)

home selling: House Passes Housing Bill - 07/24/08 09:08 AM

While it wouldn't be the first time President George Bush backpedaled on his position on a hotly contested political issue, Democrats in Congress this time around are welcoming his change of heart.
The Associated Press reported that "President Bush dropped his opposition Wednesday to legislation aiming to calm the chaotic housing … (0 comments)

home selling: Single and House Hunting - 07/22/08 09:13 AM

ladies from Sex in the City may have found love, budding careers and chic abodes in the Big Apple, but if you're single and over 30, check out CNNMoney.com's top 25 cities to live and possibly find your soul mate. Move over New York, Massachusetts topped the list with three of … (10 comments)

home selling: Most Walkable Places to Live - 07/21/08 09:38 AM

Walk Score, a relatively new civic-minded Web site, recently ranked 2,508 neighborhoods in the largest 40 U.S. cities to help people find the most walkable places to live.
Walk Score helps you calculate the "walkability" of a certain address. A score of 90 to 100 is considered a Walkers' Paradise, where … (7 comments)

home selling: Home Listing Photos: Quanity vs. Quality - 07/17/08 09:10 AM

I spend a good amount of my day looking at various photos of homes listed on Homescape.com. From luxury abodes to foreclosed properties, what I've determined is that some agents just don't get it when it comes to marketing their client's properties. One of the most important tool an agent can … (18 comments)

home selling: Best Small Cities to Live in 2008 - 07/16/08 09:18 AM

From affordable housing to low crime rates, great job diversity and the best schools in the nation, CNNMoney.com recently ranked the top 100 small cities to live in 2008. You won't be finding big name metropolises like New York and Chicago on this best-of list. The news site analyzed the nation's … (3 comments)

home selling: Government Bailout of Fannie Mae and Freddie Mac - 07/15/08 09:36 AM

With their hands on about 50 percent of all mortgages in the United States at an estimated $5 trillion, lending giants Fannie Mae and Freddie Mac have a huge impact on swinging the housing pendulum. The Federal National Mortgage Association, nicknamed Fannie Mae, and the Federal Home Loan Mortgage Corporation, or … (6 comments)

home selling: Population Growth in New Orleans - 07/14/08 10:18 AM

Looks like good times are coming back to the Big Easy. New Orleans, devastated by Hurricane Katrina in 2005, was the fastest-growing large city in the nation between July 2006 and July 2007, according to a new report released by the U.S. Census Bureau. This follows the city having the largest … (3 comments)

home selling: Foreclosure Activity Decreases in June - 07/11/08 09:03 AM

RealtyTrac, an online company that tracks foreclosure filings, default notices, bank repossessions and auction sale notices nationwide, recently reported a 3 percent decrease in foreclosure activity from May to June. But the recent findings might not yet be a sign of a market turnaround. Nationwide, 252,363 homes received at least … (1 comments)

home selling: Report Finds Nationwide Price Declines Possibly Slowing - 07/10/08 08:53 AM

A recent report published by Altos Research, which measures current real estate data in major markets around the country, shows that Las Vegas is the weakest U.S. housing market, with real estate prices down 3.6 percent in June. Denver's housing market showed the strongest growth among major metropolitan areas, … (4 comments)

home selling: Top Cities for Retirees to Buy a Home - 07/08/08 11:09 AM

Fortune magazine recently named six cities where real estate deals are looking attractive for financial-savvy retirees. With inventory high and prices continuing to plunge, active adults looking for their retirement dream home may be in luck in finding discount deals that didn't exist during the housing boom of yesteryear. Sun-filled cities … (7 comments)

home selling: Manhattan Feels the Housing Crunch - 07/07/08 09:00 AM

When I attended a real estate conference earlier this year in New York City, I remember many industry experts and local Realtors talking about how the Big Apple had weathered the storm after the housing bubble burst. At the time, some said Manhattan's high-priced dwellings made it difficult for unqualified buyers … (0 comments)

home selling: Best Cities to Build Wealth and Raise a Family - 07/03/08 09:32 AM

When I graduated college, many of my friends packed up a moving van and headed to big cities. From New York City to Los Angeles to Washington, DC, they crammed into their tiny new apartments and started their post-collegiate careers. Now six years later, and a few job changes along the … (6 comments)

home selling: Historic Homes for the Golden-Age Aficionados - 07/02/08 09:33 AM

I'm a throwback kind of gal, and nothing tickles my fancy more than visiting gorgeous historic homes. From an elaborately ornamental Queen Anne to a classic Greek Revival, golden-age architecture boasts features that are intricate, bold and elegant.
With some assistance from the historic-housing experts at PreservationDirectory.com, the editors from This … (1 comments)

home selling: Florida Woman Puts House, Love Life on the Market - 07/01/08 08:51 AM

This 2,000 square-foot-West Palm Beach property comes with a single, tall, blonde woman looking for love.
I've seen a lot of crazy marketing gimmicks this year when it comes to desperate home sellers trying to unload their properties. One man in Wisconsin offered the title to his $500,000 life insurance … (6 comments)

home selling: Home Prices Plunge in April - 06/26/08 01:48 PM

The S&P/Case-Schiller index, the closely watched barometer of home prices, showed prices in 20 major cities declined a record 15.3 percent in April, compared with April 2007 - essentially rolling prices back to 2004 levels. In a separate report from the Office of Federal Housing Enterprise Oversight, which oversees … (0 comments)

home selling: NFL Player Adam 'Pacman' Jones Files for Foreclosure - 06/25/08 09:43 AM

NFL bad boy Adam "Pacman" Jones ain't no Ed McMahon, but the two have a little more in common these days then they'd like to admit. The recently signed Dallas Cowboy cornerback joins the infamous list of celebs hit with foreclosure notices this year. I recently blogged about the housing woes … (8 comments)

home selling: Home Builder's Giving Away Homes, Literally - 06/19/08 08:55 AM

When my best friend moved away to San Diego five years ago, I thought she was crazy. There's no subway system, the cost of living is ridiculous, and on top of that, she's deathly afraid of stepping into the ocean. When I finally went to visit her, I could understand why … (3 comments)

home selling: Builder Confidence Continues to Slide - 06/18/08 09:50 AM

Builder confidence in the market for newly built single-family homes edged down in June, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The index, which gauges home builders' assessment of the housing market, slipped to 18 this month, returning to the record low that … (5 comments)

home selling: FHA Waives 90-Day Flip Rate - 06/17/08 09:14 AM

In an effort to stabilize declining home values in certain neighborhoods and help mortgage lenders, the Bush administration announced on Friday a temporary policy that will extend government-backed mortgage insurance and allow for the immediate sale of vacant foreclosed properties.
For one year, the Federal Housing Administration (FHA), which insures … (4 comments)

home selling: California and Florida Continue Lead in Foreclosures - 06/16/08 10:23 AM

For the second month in a row, California and Florida cities accounted for nine out of the top 10 metropolitan foreclosure rates among the 230 metropolitan areas tracked by RealtyTrac, which monitors a national database of foreclosure and bank-owned properties. Nationally, the foreclosure rate increased 7 percent from April … (2 comments)

home selling: NAR Reports Home Sales Up, But Prices Expected to Fall - 06/12/08 09:04 AM

After unprecedented home-price declines in the first half of the year, many markets can anticipate stabilizing price trends in the second half, according to report released by the National Association of Realtors (NAR) on Monday. The number of homes under contract to be sold rose unexpectedly in April, as … (6 comments)

home selling: The Housing Market's Double-Edge Sword - 06/10/08 09:52 AM

While the number of foreclosures doesn't appear to be leveling out anytime soon and home values continue to decrease, it may not be a bad time to buy - for some people at least. Nearly 1 percent, or roughly 447,723 loans, fell into foreclosure during the January-to-March period, according to the … (1 comments)

home selling: Evander Holyfield vs. Bank Repo Man - 06/09/08 01:01 PM

Boxing champ Evander Holyfield's $10 million home has been foreclosured on. Photo courtesy of Allposters.com
Just when I thought I wrote my last post about a celebrity losing his home to foreclosure, the gossip blogs report of yet another knock-out punch. On Thursday, gossip news site TMZ reported former heavyweight boxer Evander … (6 comments)

home selling: Smaller Homes for a Greater Value - 06/06/08 10:03 AM

I recently came across an article published in Fortune Magazine about KB Home, one the country's premier home builders, reporting the company's plans to go "back to the basics" when it comes to home designs.

This KB Home new construction model in Las Vegas is listed at $291,990.
Like … (4 comments)

home selling: Metro Areas with the Smallest Carbon Footprint - 06/04/08 09:56 AM

Residents living in Boise, ID; Honolulu; Portland; New York and Los Angeles (and yes, even in Los Angeles) can breathe a little bit easier, according to a recent report from the Brookings Institution. People living in cities with dense development and rail transit systems generally put out lower amounts … (3 comments)

home selling: Home Schooled - 06/02/08 10:20 AM

In a recent article this month, Money Magazine listed five new rules for home buyers shopping in today's sagging housing market. Rule #4, "Don't buy cheap; buy good schools," has been a long standing convention that home buyers, regardless of a bright or dismal housing market ought to follow.
… (3 comments)

home selling: Around Town: Life in Vonore, TN - 05/30/08 10:47 AM

I've been traveling a lot this year and in every small town or city I pass through, I always think about what it's like to live there. Every neighborhood and every block has that special feature that makes it home to the people that live there. As part of … (5 comments)

home selling: More Listings Means More Options for Consumers - 05/29/08 10:41 AM

Despite the sagging housing market, Internet-based agents got a dose of good news this week from the U.S. Department of Justice (DOJ).
The DOJ announced on Tuesday that it had reached a proposed settlement with the National Association of Realtors (NAR) that requires NAR to allow Internet-based, residential real estate brokers … (1 comments)

home selling: New Home Sales Rise Slightly - 05/28/08 04:41 PM

Sales of newly built, single-family homes rose 3.3 percent in April to a seasonally adjusted annual rate of 526,000 units, the U.S. Commerce Department reported on Tuesday. But don't pop open the bubbly just yet. The gains reflected downward revisions to sales numbers reported for each of the previous … (3 comments)

home selling: Don't Get left on the Curb with Bad Curb Appeal - 05/27/08 11:02 AM

As I was strolling through my neighborhood this weekend, I noticed an open house going on. But it wasn't the large red and blue sign that initially drew my attention to the home. With its lush lawn, flowering shrubs, sweeping front porch - which had two rocking chairs nicely placed on … (2 comments)

home selling: Moving on Up, Pain Free - 05/23/08 09:35 AM

I always know it's moving season again when the parking spot in front of my house is barricaded by a giant moving truck taking up the entire street. When I was in college, moving from one apartment to the next involved little effort, if any. I'd shove a handful … (6 comments)

home selling: Million Dollar Baby - 05/22/08 12:27 PM

As I was walking this weekend along the coastline in Newport Beach, CA, I couldn't help but be in awe of the stunning luxury homes dotting the boardwalk. The median home price in this posh costal community is about $1,675,000. And the properties with postcard ocean views can reach up in … (0 comments)

home selling: To Open House or Not to Open House - 05/21/08 08:39 AM

I recently came across an article in the Chicago Tribune that raised concerns about the effectiveness of open houses. The article cited a recent study from the National Association of Realtors 2007 Profile of Home Buyers and Sellers, which reported that only 7 percent of buyers visited open houses … (5 comments)

home selling: Educating Yourself on Green Housing - 05/20/08 09:52 AM

This past weekend I flew out to Newport Beach, CA, to meet up with some old friends from high school. One of my friends is now an energy consultant and runs his own company, Azlan Energy Solutions, which provides existing businesses and homes with energy-efficient technology to cut down utility costs … (2 comments)

home selling: Like Everything in Texas, Development is Big - 05/19/08 10:59 AM

Last week I made my way down to Dallas for the National Association of Real Estate Editors conference. Between the seminars and panel discussions on the nation's housing market and real estate trends, I got the opportunity to tour, in a helicopter, new developments in the Dallas-Fort Worth area.
Dallas, Fort … (3 comments)

home selling: April Showers Bring Another Round of Foreclosures - 05/15/08 01:23 PM

Nevada, California and Arizona top state foreclosure rates, according to a foreclosure market report released by RealtyTrac this week. The report, which shows foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 243,353 properties, a 4 percent increase from the previous month and a nearly … (0 comments)

home selling: FHA Loans: Your First Choice, Not Just Your Last - 05/14/08 09:51 AM

Last week I attended the National Association of Real Estate Editors conference in Dallas. While there was much discussion on what has been deemed "the worst housing crisis since the Depression," real estate and financial trade groups appeared to be optimistic about the fate of the market. It appears that all … (3 comments)

home selling: Hot Housing Markets - 05/13/08 09:59 AM

While some economists and real estate experts are predicting that many housing markets across the country won't hit bottom until late 2009 or even 2010, Christmas may come early for some more-fortunate home sellers. Money Magazine recently published their Top 10 list of metro areas that are expected to see price … (0 comments)

home selling: Condo Market Cool Down - 05/06/08 02:38 PM

With more than 4,000 new condominium units expected to be completed in metro areas like Atlanta and Phoenix this year, cities across the country are bracing for a flood of new supplies. Many of these new units are a result of developments that were created during the height of the … (0 comments)

home selling: Former Baseball Star Gets Home Foreclosed - 05/05/08 09:44 AM

Despite a lucrative book deal, millions in endorsements and a brief stint on a reality show, former major league baseball player Jose Canseco still couldn't save his home from a foreclosure strikeout.
The 43-year-old Canseco retired from the major leagues in 2001, but in recent years has been at the … (12 comments)

home selling: How Consumers are Incorporating the Internet in the Home Buying and Selling Process - 05/02/08 09:38 AM

We at Homescape decided to conduct a consumer survey to learn more about today's online users and better understand how they use the Internet for their home buying and selling needs. We posted the survey on our homepage during the first two weeks of April and had 744 respondents; 535 … (8 comments)

home selling: Home Prices in Top Metro Areas Continue Decline - 05/01/08 09:59 AM

For all of us still waiting to see the bottom fall out from the housing bust, the bad news keeps a coming. Home prices continue to fall in the country's top 20 metro markets, according to the S&P Case/Shiller Home Price Index released on Tuesday. The index, which tracks 20 of … (2 comments)

home selling: Open House: How to Throw a Party to Sell Homes - 04/30/08 01:30 PM

An Oscar-themed soiree with fancy cocktails and hors d'oeuvres, and an open house featuring a worldly selection of wine and cheeses are giving a whole new meaning to today's dog-eat-dog home-selling market. I recently read an article in The Wall Street Journal on a growing trend among real estate professionals … (43 comments)

home selling: Gussy Up Your Lawn to Fatten Your Wallet - 04/29/08 09:40 AM

After a marathon of a winter, I can't begin to tell you how ecstatic I am to finally hear birds chirping outside my window and not to see snow barricading my sidewalk. With the first balmy weekend, I noticed my neighbor out in his yard replanting the grass that had … (9 comments)

home selling: Betting on Your Home Still a Safe Bet - 04/25/08 09:19 AM

While some housing markets across the country are being hit hard with rising foreclosure rates and excess home inventory -Stockton, CA, and Las Vegas to name a few - Manhattan seems to be sitting pretty in its New York City bubble. The average Manhattan home soared 41 percent in a … (4 comments)

home selling: One Man's Foreclosure is Another Person's Bus Tour - 04/24/08 09:29 AM

The recent housing bust has churned out some pretty interesting news stories. After reading about abandoned pets in foreclosed homes and a Wisconsin man offering the title to his $500,000 life insurance plan to anyone willing to buy his home, I thought I had heard it all. That was until my … (3 comments)

home selling: Home Owners Jump on Price Cut Bandwagon - 04/23/08 09:36 AM

With friends and loved ones currently looking for new homes, I'm often asked, is it a good time to buy? If you live in a dual-income household and have a credit score at least 680 or above, the market couldn't be riper for you. The credit crunch and subprime fallout … (12 comments)

home selling: Preparing for a Greener Housing Future - 04/22/08 09:07 AM

Every morning I usually create a to-do-list of things I have to accomplish for the day, and in celebration of Earth Day today, I've decided to add a couple of eco-friendly chores to my list. While tasks such as opening the windows instead of turning on the air conditioning or … (3 comments)

home selling: 2008 National Kitchen & Bath Association Winning Bath Designs - 04/21/08 01:38 PM

From Portland, OR, to Ridgewood, N.J., the National Kitchen & Bath Association (NKBA) traveled cross country to find this year's top professional bathroom designs. The 2008 winners were announced at NKBA's annual show and conference held in Chicago April 11-13. The winners of this year's competition are:
Powder roomsAn impressive powder … (0 comments)

home selling: Top 5 Things Homeowners Are Looking for in a Home - 04/18/08 09:37 AM

A report released last week by Better Homes and Gardens magazine found that buyers who bought a new home in the last 10 years or plan to build one, say they're through with cookie-cutter houses. The research study surveyed more than 2,000 homeowners from across the country, and about 70 … (1 comments)

home selling: Winning Kitchen Designs - 04/17/08 12:27 PM

Are you planning on remodeling your kitchen this year, but still scratching your head for ideas? This year's top design winners of the National Kitchen & Bath Association competition created imaginative designs and aesthetically pleasing solutions that will inspire the decorator in you.
Small kitchen Photo by Helen Giadatsis Designer Areti … (0 comments)

home selling: Is it a Good Time to Buy? Depends on Who You're Asking - 04/15/08 09:30 AM

It's no industry secret that the housing market isn't doing so hot, and according to a poll released on Monday by the Associated Press and AOL Money & Finance, consumers are reading the writing on the wall. The poll found that more people have become anxious about declining home values and have … (0 comments)

home selling: Eight Things You Should Know About Kitchen and Bath Trends - 04/14/08 11:13 AM

My two favorite rooms in my house are the kitchen and bathroom. Whether I'm hovering over the stove concocting a new sauce or soaking away in the bathtub, both enclaves serve as sanctuaries for entertainment and relaxation.
Recent market forecaster reports from K+BB magazine and the National Kitchen & Bath … (1 comments)

home selling: Las Vegas Homes are Out of Style - 04/11/08 02:57 PM

Nearly 1,000 houses are listed for sale in Las Vegas for $1 million or more, and about 36 percent of them are sitting vacant, The Los Angeles Times reported on Tuesday. And according to industry observers, unless they've been constructed in the last year or two, they're going to be hard to sell.
Las … (1 comments)

home selling: Desperate Housing Market Calls for Depserate Gimmicks - 04/10/08 09:29 AM

Experts have predicted that home sales in early 2008 will be down more than 40 percent from their peak of a few years ago. And recent market reports show that some of the country's major metro areas will see home prices plummet by 15 percent or more during this painful downturn. … (2 comments)

home selling: Mortgage Fraud Cases Up - 04/09/08 09:31 AM

Following an increase in suspicious activity report (SAR) filings from banks and financial institutions with mortgage loan fraud, the Financial Crimes Enforcement Network (FinCEN) issued a report in November 2006 describing trends and patterns with suspected fraud cases filed between April 1, 1996 and March 31, 2006. FinCEN has continued to … (1 comments)

home selling: Sunset Breezehouse Sets the Stage for West Coast Living - 04/08/08 09:40 AM

Chicago is a unique architectural hybrid of classic brownstone homes, three-flats and sleek modern high-rises. Surrounded by such a diverse array of designs and styles, I'm always intrigued by emerging home trends in other parts of the country. The latest architectural craze drumming up some much deserved buzz comes straight from … (0 comments)

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