The National Association of Home Builders (NAHB) tracks residential real estate remodeling levels across the country, and they are seeing a significant increase in home remodeling projects this year. The group’s index measuring additions, alterations, maintenance, and repairs, showed increases i
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10/30/2012
The U.S. housing market recovery is underway. New home sales are at a multi-year high, housing starts are at pre-recession levels, and home builders plan for a strong 2013. Since late-2011, falling mortgage rates have boosted buyer purchasing power. Now, today, in many U.S. markets, the number of
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10/30/2012
There has never been a better time to get a new mortgage or refinance an existing mortgagte. Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve’s stimulus efforts may be having an impact on mortgage rates.Mortgage buyer Freddie Mac said
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10/25/2012
As the third quarter closed, home resales showed considerable momentum nationwide. The National Association of REALTORS® reports Existing Home Sales at 4.75 million units in September 2012 on a seasonally-adjusted, annualized basis, an 11 percent increase from one year ago. An "existing home" is
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10/25/2012
The Fair Housing Act does more than protect homeowners or renters who use a support-services animal – it also protects residents who need an animal for emotional support. While the definition of an emotional support animal goes beyond “I love him,” the Fair Housing Act covers residents or potenti
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10/20/2012
The Florida Supreme Court has unanimously ruled that foreigners and out-of-state residents are eligible for homestead exemption tax breaks, the Naples News reported via the Associated Press. The court ruled in favor of a Honduran couple living in a Key Biscayne condominium through a temporary vis
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10/20/2012