Mortgage Closing Costs on the Decline… please note Colorado!

Mortgage Closing Costs on the Decline Daily Real Estate News | Tuesday, August 07, 2012 Closing costs have dropped by 7 percent over the last year, according to an annual survey on closing costs conducted by Bankrate.com. Closing costs average $3,754 nationwide. Title insurance and other third-party fees also saw a drop in the last…

Details

8 Signs Housing Is on the Mend

8 Signs Housing Is on the Mend Daily Real Estate News | Monday, August 06, 2012 Some Americans are still jittery over the housing market, but here are eight positive signs that should quell some of their fears. Housing prices are on the rise across the country. Foreclosures have slowed. Analysts suggest that as the…

Details

Study: Desire for Home Ownership Unswayed

Study: Desire for Home Ownership Unswayed Daily Real Estate News | Friday, August 03, 2012 Eighty-five percent of Americans say they prefer home ownership over renting, according to a newly released Fannie Mae national housing survey of more than 12,000 interviews from 2011. The study finds that the housing and financial crisis has not been…

Details

First-Timers Make Up Smaller Share of Buyers

First-Timers Make Up Smaller Share of Buyers Daily Real Estate News | Thursday, August 02, 2012 The share of first-time home buyers on the market is falling to historical lows, despite record levels of housing affordability. With record low mortgage rates and falling home values, many would expect first-time home buyers to be flooding the…

Details

3 Big Predictions for Real Estate

3 Big Predictions for Real Estate Daily Real Estate News | Thursday, August 02, 2012 A few major predictions came out of the panel discussion that kicked off Inman’s Real Estate Connect event yesterday morning in San Francisco. The session, moderated by Inman News founder Brad Inman, featured experts from the worlds of real estate…

Details

In Nearly Every Major City, Buying Trumps Renting

In Nearly Every Major City, Buying Trumps Renting Daily Real Estate News | Thursday, August 02, 2012 A new study shows that in more than three-fourths of 200 metro areas in the U.S., home owners would “break even” financially by owning a home after three years or less than if they opted to rent instead.…

Details