Blog overview of our news

May
23
2012

You May Owe Federal Income Taxes in 2013 if You Have a Short Sale, Foreclosure

Now is the time to make the hard decision: Are you going to walk away from your underwater home? Uncle Sam is still giving homeowners until Dec. 31 to go through a short sale or foreclosure without tax consequences — as long as the lender officially releases the debt. But on Jan. 1, 2013, the […]

May
10
2012

Bidding Wars Catch Buyers Off-Guard

Home buyers are unexpectedly finding more competition this spring in landing their dream home. Bidding wars are increasingly being reported in markets across the country, from California to Florida, The Wall Street Journal reports. “It’s a little surprising because we thought bidding wars were done with,” Andy Aley, a home shopper in Seattle, told The […]

May
10
2012

3 Housing Trends Emerging This Spring

What can home buyers expect to face this selling season? An improving housing market has made it a different picture in many areas compared to recent years, housing experts say. A recent article at Bankrate.com notes some of the following trends taking shape in the housing market this spring: 1. Fierce competition. Housing affordability is […]

May
3
2012

For Your Customers: 3 Tips for Landing a Mortgage

Many home buyers complain that one of the biggest hurdles they face is qualifying for financing. So what are some ways that home shoppers can ensure they qualify for a better mortgage deal — particularly one that takes advantage of the near record-breaking low mortgage rates? A recent article at Money Magazine highlighted some of […]

May
3
2012

Bidding Wars Catch Buyers Off-Guard

Home buyers are unexpectedly finding more competition this spring in landing their dream home. Bidding wars are increasingly being reported in markets across the country, from California to Florida, The Wall Street Journal reports. “It’s a little surprising because we thought bidding wars were done with,” Andy Aley, a home shopper in Seattle, told The […]

Apr
23
2012

Inventory of For-Sale Homes Posts Big Drop

The nationwide inventory of residential homes for-sale dropped 21 percent in March compared to a year ago, according to newly released housing data from Realtor.com, tracking 146 metro markets. In fact, all 146 markets posted a drop in their inventory, except for two — Hartford, Conn., and Philadelphia. The nationwide median list price in March […]

Apr
16
2012

Buyer Urgency Improves, More See Now Good Time to Buy

More home buyers may jump off the sidelines this spring as they get more urgent about purchasing a home, fearing that home price and mortgage rate increases are on the horizon. Housing surveys in recent weeks have shown that more Americans are seeing now a great time to purchase a home. In the most recent […]

Apr
10
2012

City vs. Suburb: More Americans Rethink Where to Settle

More Americans are showing a preference for living closer into the city than the outer suburbs, according to newly released U.S. Census data. The annual rate of growth in American cities and surrounding urban areas recently surpassed exurbs for the first time in two decades. Residential exurbs on the edge of metro areas once were […]

Apr
10
2012

New Meaning to ‘Rock-Bottom’ Prices

Despite steady improvements in the housing market recently, ultra-low priced properties can still be found in many markets, and thousands of homes nationwide have properties for-sale at $10,000 or even less, MSNBC.com reports. Prices are so low on some properties that even a 14-year-old girl — with the help of her mother — was recently […]

Apr
5
2012

Investors Purchase Homes by the Thousands

Large investor firms are taking advantage of the deep discounts found in some housing markets, and they’re finding that buying one or two homes is just not enough — they want thousands. The investors are then renting the homes out to tenants, banking on returns from the rental income, which they say is better than […]

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