Real Estate Investing

March 21, 2013

Home Builders Applaud Bill to Restore Flow of Credit to Housing, Spur Job Growth

In a major step forward to spur job and economic growth and keep the housing recovery on track, Reps. Gary Miller (R-Calif.) and Carolyn McCarthy (D-N.Y.) recently introduced bipartisan legislation that would help provide home builders access to credit for viable home building projects.

“We commend Reps. Miller and …

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March 20, 2013

Easy Fixes for 7 Common Household Glitches

Little household annoyances, like a window that sticks, can ruin your sense of peace and quiet. From California handyman Jim Peterson come these seven easy fixes for banishing some minor but common problems around the house:

Stained tub - Combine equal amounts of cream of tartar and baking soda …

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March 20, 2013

HUD Releases Model Programs for Use by Communities Seeking CDBG-DR Funding

The U.S. Department of Housing and Urban Development (HUD) recently released several model programs designed to help communities get Community Development Block Grant Disaster Recovery (CDBG-DR) funds more expeditiously to residents struggling to rebuild, repair or restore their homes.

These program designs can be adapted to a locality's unique …

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March 18, 2013

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 15, 2013.

The Market Composite Index, a measure of mortgage loan application volume, decreased 7.1 percent on a seasonally adjusted basis from …

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March 17, 2013

Eye on the Economy: Low Inventories Driving Permit Growth

While recent economic reports suggest that home building took a pause at the beginning of 2013, leading indicators point to more growth for housing in the months ahead.

Per data from the Census Bureau, housing starts were down 8.5 percent in January. However, all of the loss was in …

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March 17, 2013

Real Estate Marketing Strategies: From Procrastination to Productivity

If you are currently suffering from procrastination, let’s explore why and what you can do about it.

You don't love what you do and you're not excited about it.

If you are not eager to work, it can be because you're thinking about the money you don't have …

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March 16, 2013

MBA Applauds Bill to Clarify Points and Fees Calculation for Qualified Mortgage Rule

Debra W. Still, CMB, Chairman of the Mortgage Bankers Association (MBA), applauded H.R. 1077, the Consumer Mortgage Choice Act, introduced earlier in March in the U.S. House of Representatives by Rep. Bill Huizenga (R-MI). The bipartisan bill would modify the definition of points and fees in the Dodd-Frank Act’s Ability …

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March 16, 2013

January Home Prices Rise 0.3 Percent

The latest FNC Residential Price Index® (RPI) indicates that U.S. property values continued to recover through January—the 11th consecutive month of rising prices. Despite the uneven pace of price gains across different geographical markets, there are clear signs that the housing recovery is increasingly widespread.

A limited housing supply …

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March 14, 2013

Pocket Listings: Helpful or Harmful?

Pocket listings—listings sold outside of the MLS—are gaining heat inside the real estate industry. Far from a new concept, they are one of real estate’s biggest in-house controversies, with professionals from across the country taking different stances as to whether or not they help or hinder the market.

These …

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March 9, 2013

Freddie Mac Prices New 3.5 Billion Dollar Three-Year Reference Notes Security

Freddie Mac announced recently that it priced its new .50 percent three-year USD Reference Notes® security due on May 13, 2016. The issue, CUSIP number 3137EADQ9, was priced at 99.994 to yield .502 percent, or 13 basis points more than three-year U.S. Treasury Notes. The issue will settle on Thursday, …

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