Category Archives: Real Estate News

Survey: Home buyers are unrealistic about value appreciation

A new survey from Zillow revealed that a majority of prospective home buyers aren't well-educated in the process.

Despite the well-documented troubles in the housing market, 42 percent of prospective home buyers think home values appreciate by 7 percent a year, according to a Zillow survey. Continue reading

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Fannie Mae economic outlook released, new FHFA proposal

Fannie Mae forecasts poor outlook for housing market's future.

Fannie Mae recently released its U.S. Economic and Housing Market Outlook for September, which suggests that a coupling of monetary and fiscal stimulus could accelerate growth in 2012. Continue reading

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New home sales drop more than 2 percent

New home sales have dropped more than 2 percent.

The only U.S. region to experience an increase of new-home sales was the Midwest, where sales rose 8.2 percent, according to a dour report from the National Association of Home Builders. Continue reading

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Solar kits simplify energy conservation

New installation kits make it easier than ever to put solar panels on roofs of homes.

Those looking to purchase a new home can help save on energy costs with new solar kits from Westinghouse Solar. Continue reading

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All regions experienced stronger home sales in August

August home sales were up more than 18 percent from August 2010.

Total existing-home sales in August were up 18.6 percent from August 2010 – positive news for the troubled market. Continue reading

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Foreclosures, defaults increase in August

Foreclosures increased in August, according to a RealtyTrac report.

Last month, 228,098 properties were foreclosed on – a 7 percent jump from July, according to a new report from RealtyTrac. Continue reading

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Housing weakens and homebuilders get downgrade

The outlook for homebuilders remains bleak.

Fitch Ratings downgraded the U.S. government’s credit rating last August because the agency felt Congress was not taking the necessary steps to address the rising national debt. Continue reading

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Be thorough when buying a bargain home

Foreclosed homes may provide great value, but buyers should be thorough in inspecting the home.

A record number of foreclosures due to the sputtering economy has left vacant houses dotting cities and towns across the country. Continue reading

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Home prices a mixed bag

Some cities have experienced a sharp increase in prices while others have fallen.

During the second quarter of 2011, home prices dropped in 32 of the country’s largest metro areas as the housing market continued to struggle. Continue reading

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Pending home sales decrease slightly in July, still up from a year ago

Pending home sales still up from last year

Data recently released by the National Association of Realtors indicates that while pending home sales declined in July, the number is still significantly higher than this time last year. Continue reading

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