Sunday, November 29, 2015

Real Estate News: New-Home Sales in the United States Rebounded in October

Americans regained much of their desire to own new homes this year. Home sales have surged 15.7 percent year-to-date, thanks to the solid employment possibilities and low mortgage rates.
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Friday, November 27, 2015

4 renovations that could decrease your home’s value

Thinking of getting rid of a bedroom to expand another? Make your choice carefully. Removing a bedroom is one of those home-improvement blunders that can ding a home’s worth, even if it creates a larger bedroom — or other living space — in its place.
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Thursday, November 26, 2015

Home renovations that add value — and a heftier tax bill

Homeowners aren’t usually thinking about their future tax bills when they embark on a remodeling project. But they’d be smart to at least give them a second thought. That’s because renovations can significantly raise a home’s value, which can increase the amount for which it is assessed. Assessed value is used to determine your property tax.
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Tuesday, November 24, 2015

Mortgage applications rise 6.2% despite higher rates

Home loan borrowers seem undeterred by the highest interest rates in five months, or perhaps provoked by them. This is especially evident among homebuyers.
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Tuesday, November 17, 2015

The real reason foreclosures spiked in October

It is possibly the nastiest consequence of the holiday season. Foreclosures rise now, as banks try to get ahead of the traditional December moratoriums, when they suspend all foreclosures due to the holidays.
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Thursday, November 5, 2015

Tuesday, November 3, 2015

Drowning homeowners are getting relief

While the number of borrowers in a negative-equity position on their mortgages is still high, at just over 14 million, that number is falling fast, especially for those most seriously underwater.
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Sunday, November 1, 2015