May 16th, 2011
When it comes to the buy versus rent debate, it seems that senior citizens are more in favor of making rent payments over that of a mortgage – at least that’s what this nation’s homebuilders think.
A survey from the National Association of Home Builders (NAHB) during the first quarter found that builder confidence in the [...]
Read the rest of this entry »
Posted in Uncategorized | No Comments »
May 12th, 2011
For the first time in its history, the National Association of Home Builders (NAHB), together with Wells Fargo, measured housing affordability in metro areas between this country’s major races and ethnic groups.
The report looked at several metro areas in Massachusetts and determined the Housing Opportunity Index (HOI) for all races and ethnic groups combined [...]
Read the rest of this entry »
Posted in Uncategorized | No Comments »
May 11th, 2011
Fannie Mae’s most recent national housing survey found that consumers are cautiously optimistic about the state of this nation’s housing market. That’s kind of like saying you might be okay base jumping without a parachute.
The survey said that consumers felt better about the housing market in the first quarter than they did in the previous [...]
Read the rest of this entry »
Posted in Uncategorized | No Comments »
May 10th, 2011
The latest project to come out of the Department of Housing and Urban Development (HUD) is its teaming up with Germany’s Ministry of Transport, Building and Urban Development (BMVBS) to promote more sustainability in the United States.
As it turns out, we Americans aren’t the only ones trying out this whole sustainable living idea. In the [...]
Read the rest of this entry »
Posted in Uncategorized | No Comments »
April 27th, 2011
In another stunning revelation from those in the mortgage industry, we have learned that potential homeowners who participate in prepurchase education and counseling programs may be more likely to pay their mortgages on time.
Hmmm…who would have ever thought that being educated about mortgages might actually lead to better decision making when it comes time [...]
Read the rest of this entry »
Posted in Uncategorized | No Comments »
April 12th, 2011
Even with declining home values and a market that at times doesn’t seem like it will ever recover, Americans still believe in the investment value of homeownership, according to a recent study by the Pew Research Center.
More than three-quarters (81 percent) of consumers agree that buying a home is the best long-term investment a person [...]
Read the rest of this entry »
Posted in Uncategorized | No Comments »
April 11th, 2011
One foreclosed home is the same as the next…right? Not so, according to a recent investigation by the National Fair Housing Alliance (NFHA).
The investigation found that financial institutions are discriminating in the treatment of bank-owned properties, with greater care being taken to maintain and secure properties owned in white neighborhoods than they do in African-American [...]
Read the rest of this entry »
Posted in Uncategorized | No Comments »
April 7th, 2011
Every month has become known as “such and such” month, and April is no exception to the rule. But for you real estate-minded folks, April is the time to celebrate Fair Housing Month.
For those of you real estate nerds, here are some fun Fair Housing facts:
· April 2011 is the 43rd anniversary of President Lyndon [...]
Read the rest of this entry »
Posted in Uncategorized | 1 Comment »
April 6th, 2011
If you think you’ve seen it all, I’m here to tell you there’s at least one thing left to see. Adzookie.com, a mobile advertisement company, will pay your mortgage if you let them paint an advertisement that covers the entire front side of your home.
I always thought it was kind of crazy when people [...]
Read the rest of this entry »
Posted in Uncategorized | 1 Comment »
April 5th, 2011
Defaulting on your home loan used to be a hush-hush topic … you know, back in 2004. But now it’s not uncommon for your neighbor to talk about how he just doesn’t want to pay his mortgage anymore.
What that neighbor of yours doesn’t know is that most Americans – 60 percent – don’t agree with [...]
Read the rest of this entry »
Posted in Uncategorized | 1 Comment »