According to a recent report in Real Estate Economy Watch, nearly one out of three home sales in December 2011 went to buyers who paid all cash, adding credence to the belief that investors are key to the recovering real estate market.
The report was based on the findings …
After reaching a 19-month high, pending home sales eased in December but stayed above year-ago levels, according to the National Association of REALTORS®.
The Pending Home Sales Index, a forward-looking indicator based on contract signings, declined 3.5 percent to 96.6 in December from 100.1 in November but is 5.6 …
National Association of REALTORS® President Moe Veissi made the following statement, regarding President Obama’s recent State of the Union address.
"The National Association of REALTORS® commends President Obama for his remarks in support of homeowners and the struggling housing market during tonight's State of the Union address. As leading …
This article is from islandpacket.com
The Hilton Head Island area had the most improved real estate market in the state last year, according to an annual report released Wednesday by S.C. Realtors.
The area reported more than 2,700 sales in 2011 -- a 9.4 percent increase over …
In the previous segment, we looked at reasons to consider a short sale. But in this segment, we'll hear from Charlotte, N.C. REALTOR® Jon Widdifield about what you need to know if you're considering buying a short sale property in 2012:
1. The list price may not be the …
U.S. existing home sales rose 5 percent in December 2011 from a year ago to 4.61 million units annualized. While slightly below expectations, the trend is still positive and could lead to more buyers coming off the sidelines, according to BMO Economics and Harris Private Bank.
"December's gain was …
New housing reports out this month indicate that 2012 might be the year that the housing market begins to turn around and the combination of low interest rates, improved unemployment rates and current low home prices should bring some relief. In addition, according to Freddie Mac's U.S. Economic and Housing …
Points refer to prepaid interest on a home mortgage and can be fully deductible by the buyer in the year paid if the right conditions exist. The points must be used to buy, build or improve a taxpayer's principal residence but not all fees charged by the lender are …
The latest numbers from the National Association of Realtors® (NAR) show that existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago.
The latest monthly data shows total existing-home sales rose 5.0 percent to a seasonally adjusted annual rate of …
One of the things we hope to see less of in 2012 is short sales.
This brings me to a blog by Bion Grady, (bionsellshomes.com) who specializes in loan modification assistance and short sales in Paulding County, Ga. Grady says if the only alternative for distressed homeowners is to …