New Multifamily Construction Housing Continues to Rise

New Multifamily Housing Continues to Rise Daily Real Estate News | Monday, September 12, 2011 An index that measures new multifamily housing recently reached its highest quarterly reading since the housing boom. For the fourth consecutive quarter, the National Association of Home Builders’ Multifamily Production Index rose during the second quarter. “Multifamily rental construction is…

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Downsizing Trend Shows Signs of Reversing

Downsizing Trend Shows Signs of Reversing Daily Real Estate News | Monday, September 12, 2011 New-home sizes had shown signs of shrinking since the housing crisis and recession. However, Americans are still showing signs of living large. A new-home built in 2010 averaged 2,392 square feet — still more than 650 square feet larger than…

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Congress Urged to Restore Home Buyer Tax Credit

Congress Urged to Restore Home Buyer Tax Credit Daily Real Estate News | Thursday, September 08, 2011 The National Mortgage Complaint Center, a consumer advocacy group, is asking Congress to introduce legislation to restore the federal tax credit for home buyers in order to “rescue the U.S. residential real estate markets” and prevent home prices…

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Happy Labor Day weekend!

A hundred times every day I remind myself that my inner and outer life depend on the labors of other men, living and dead, and that I must exert myself in order to give in the same measure as I have received and am still receiving.                                                                                                                                                             Albert Einstein I believe in the dignity of…

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Pending Home Sales Slip in July… but….

Pending Home Sales Slip in July Daily Real Estate News | Monday, August 29, 2011 Pending home sales declined in July but remain well above year-ago levels, according to the National Association of REALTORS®. All regions show monthly declines except for the West, which continues to show the highest level of sales contract activity. The…

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Banks Agree to More Short Sales

Banks Agree to More Short Sales Daily Real Estate News | Friday, August 26, 2011 Banks are agreeing to more short sale transactions, and short sales are taking less time to sell, which is helping to clear large inventories of distressed properties more efficiently, says James J. Saccacio, RealtyTrac CEO, in releasing new housing data…

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