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Zoning Laws Hold Back Multi-Gen Housing

Daily Real Estate News | Wednesday, March 16, 2016   Builders say city ordinances nationwide are preventing them from constructing multigenerational housing — an increasingly popular option as more American families are living under one roof — and a shortage of this type of housing is growing. Under One Roof Multigenerational Households a Lasting Trend? […]

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Median Home Price Tops $1 Million Here

Daily Real Estate News | Thursday, August 11, 2016   Home prices were on the rise in 83 percent of the metros across the country in the second quarter compared to a year earlier, according to the National Association of REALTORS®. Read more: Home Sales Up as First-Time Buyers Re-Emerge Most notable was San Jose, […]

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Fixer Upper’s Joanna Gaines Answers All Your Renovating Questions

AD asks expert renovator Joanna Gaines for advice on curb appeal, layout strategy, antique sourcing, and more. (Joanna Gaines, star of the HGTV series Fixer Upper.) If anyone knows renovating, it’s Joanna Gaines. As one half of the beloved HGTV show Fixer Upper http://www.hgtv.com/shows/fixer-upper, which she hosts with her husband Chip, Gaines has made a […]

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Existing-Home Sales Lose Momentum in July

Daily Real Estate News | Wednesday, August 24, 2016 Existing-home sales lost momentum in July because of stubbornly low inventory on the market across the country, according to the National Association of REALTORS®. Last month, existing-home sales posted their first year-over-year drop since November 2015. Regional Numbers Here’s how existing-home sales fared in July by […]

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Bubble Watch: Could the Housing Markets in These Top Cities Be Getting Too Hot?

Therese Petersson / EyeEm/Getty Images Home prices are skyrocketing faster than inflation. Bidding wars are breaking out. Shacks in the nation’s most scorching real estate markets are selling for over a million bucks. Things seem to be heading up, up, up. Sound familiar? Déjà vu can be a spooky thing. Some folks these days are […]

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Meet today’s American Consumers

US consumers feel better about their financial situation than they did a year ago, but they’re still hesitant to spend too much. Compared with the rest of the world Americans are feeling pretty good about their finances. While many consumers in other countries are living paycheck to paycheck and worrying about becoming unemployed, American consumers […]

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Mortgage Rates Hover Near All Time Low

Mortgage Rates Daily Real Estate News | Friday, July 01, 2016 Fixed-rate mortgages this week dropped to their lowest averages of the year, which analysts attribute to the fallout from last week’s “Brexit” vote. The 30-year fixed-rate mortgage averaged 3.48 percent this week, only 17 basis points from its all-time record low of 3.31 percent […]

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CFPB Announces Plans to Propose Mortgage Compensation Rules: BY KEN TREPETA, CHARLES DAWSON

CFPB Announces Plans to Propose Mortgage Compensation Rules MAY 14, 2012 On May 9, 2012, the Consumer Financial Protection Bureau (CFPB) released an outline of proposals under consideration for rules governing compensation for mortgage loan originators. The proposed rule will address compensation origination fees, discount points, and the screening and qualifications of mortgage loan originators. […]

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How to Owner Finance

Title:  How to Owner Finance You have been trying to sell your house for quite a while.  Back when you originally put it on the market, obtaining credit was easy for most qualified buyers.  On a couple of occasions you had a deal in place with a buyer but it all fell through because of […]

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Top Ten Benefits to Owner Financing

Top Ten Benefits to Owner Financing After a long period of low mortgage interest rates, the loan market has begun to tighten.  As recently as 2012 mortgage rates bottomed out at an all-time low of 3.35%.  Even as recently as fourth quarter 2015, rates were still below 4%.  Those low numbers are about to change […]

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