Monthly Archives: March 2012

Kitchens Sell A House

Having trouble selling?  This article argues that kitchens are the most important factor for home buyers.  From Realty Times: http://realtytimes.com/rtpages/20120124_kitchens.htm Advertisements

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US Home Sales – Graphs

Big picture, sometimes a picture tells a thousand words.  When one looks at the home sales graph from the National Association of REALTORS, you see a slight upward trend in unit sales.  Median pricing has not yet caught up but … Continue reading

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Experts Expect Broad Improvement, Home Prices to Rise in 2013

It is nice to see positives.  This should not be shocking as home prices have been falling for so long, prices should be rising if they have not started already.  From DS News: http://www.dsnews.com/articles/expert-expect-to-see-broad-improvements-home-prices-rise-in-2013-2012-03-28  

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Few US Cities Ready For Aging Baby Boomers

The article looks at the demographics vs existing infrastructure for the aging quickly, quite demanding baby boomer generation.  It does not mention “walker corrals or Viagra dispensers.” http://realtormag.realtor.org/daily-news/2012/03/28/few-us-cities-are-ready-for-aging-baby-boomer-population

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New Home Sale Dip in February

Some mixed news here.  New home sales dipped from January but were up from one year ago.  From the National Association of REALTORS (NAR): http://realtormag.realtor.org/daily-news/2012/03/26/new-home-sales-dip-in-february

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Fannie, Freddie to Reconsider Mortgage Reductions

Unfortunately, Fannie and Freddie own the vast majority of non-performing mortgages.  This article points out that they are considering principal reductions via HAMP.  Good news for those homeowners but this could turn into a very large mortgage write down for … Continue reading

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Short Sale Information

Very helpful information in this article from RIS Media.  It tells of tax implications and more: http://rismedia.com/2012-03-11/what-you-need-to-know-about-cancellation-of-mortgage-debt/  

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