Multiple Signs Point to Real Estate Rebound

Multiple Signs Point to Real Estate Rebound Posted By susanne On October 24, 2011 @ 4:15 pm In Consumer News and Advice,Finance and Economy,Real Estate Information,Real Estate News,Real Estate Trends,Today’s Marketplace,Today’s Top Story,Today’s Top Story – Consumer | [1]The past few weeks have showcased numerous signals that the real estate market is on the rise.…

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Springs Listed Among Best Housing Markets for 2012

Springs listed among best housing markets for 2012 October 26, 2011 3:57 PM RICH LADEN THE GAZETTE The Colorado Springs housing market, like many other communities around the country, has taken its lumps in recent years: falling home prices, rising numbers of foreclosures and a construction slowdown. But the city’s housing market will stage a…

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Baby Boomers Seek Smaller, Affordable Homes

Baby Boomers Seek Smaller, Affordable Homes Daily Real Estate News | Wednesday, October 26, 2011 Baby boomers who plan to move for retirement are looking for smaller, affordable homes that are easily accessible to medical care and near their family, finds a new poll of more than 1,000 adults born between 1946 and 1964 conducted…

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Renters Spending 5% More Than Home Owners

Renters Spending 5% More Than Home Owners Daily Real Estate News | Wednesday, October 26, 2011 Rising rents are forcing renters to outspend home owners on housing costs, according to a new study. Since 2005, home owners’ housing expenses have climbed from 31.9 percent of their household budget to 33.2 percent. On the other hand,…

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The Ins and Outs of Obama’s New Mortgage Refi Plan

The Ins and Outs of Obama’s New Mortgage Refi Plan Daily Real Estate News | Tuesday, October 25, 2011 President Obama announced Monday a plan to ease eligibility rules for home owners who want to refinance to take advantage of ultra-low mortgage rates and lower their mortgage payments. The administration hopes that by broadening its…

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Bargains Abound: What Are Buyers Waiting for?

Bargains Abound: What Are Buyers Waiting for? Daily Real Estate News | Tuesday, October 25, 2011 With low home prices and ultra-low interest rates, the housing market is offering “perhaps the best deals of a generation,” notes a recent article by Bloomberg Businessweek. Since the housing boom of 2006, home prices have fallen about 31…

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Homeownership Rate Second-Highest on Record

Homeownership Rate Second-Highest on Record Daily Real Estate News | Monday, October 24, 2011 The homeownership rate is at its second-highest level on record, only behind the record high set in 2000, according to the U.S. Census Bureau, which began collecting home ownership data in 1890. By region, the homeownership rate is: Midwest: 69.2 percent…

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Obama Expected to Unveil Housing Aid

Obama Expected to Unveil Housing Aid Daily Real Estate News | Monday, October 24, 2011 President Barack Obama is expected to announce Monday new policies to help struggling home owners, including a move that would allow borrowers to refinance their mortgage at current low rates no matter how much their home values have dropped. The…

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Mortgage Rates Mostly Hold Steady This Week

Mortgage Rates Mostly Hold Steady This Week Daily Real Estate News | Friday, October 21, 2011 Mortgage rate averages moved very little this week, continuing to hover near 60-year lows, Freddie Mac reports in its weekly mortgage market survey. “Mortgage rates remained relatively unchanged this week amid mixed economic data reports,” Frank Nothaft, chief economist…

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Investors See Bigger Profits From Rising Rents

Investors See Bigger Profits From Rising Rents Daily Real Estate News | Friday, October 21, 2011 Rental demand and prices continue to soar, and investors are cashing in. Rents are rising at a 5.17 percent annual rate — up from last year’s 4.72 percent rate. If rents continue to grow at their current pace, they…

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