Monthly Archives: June 2012

City growth outpacing suburbs (for the first time in a century)

I hate repeating the headline in the first sentence, but… for the first time in 100 years, America’s cities are growing faster than suburbs. Well, most of the larger cities are. Urban areas are where the jobs are, where the

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MLS bloopers: new top soiled and sitting by the poop

There were a lot of laughable errors on this week’s MLS and in local real estate ads, friends. These were the best of the worst: Food for Thought “Walk to church’s” (So my choices are God or fried chicken?) “This

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Detailed Report of the Housing Market…from that OTHER school ;)

Harvard’s Joint Center for Housing Studies released its annual report on the state of the nation’s housing. It’s chock full of data, data, and more data. You should click here to get it and read it, but here are some (I

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Americans Sees Biggest Home Equity Jump In 60 Years: Mortgages

A Bloomberg study found that Americans’ total home equity has hit the highest level since 2008, thanks to lower mortgage rates and more cash on the table. Total home equity in the US in the first quarter of the year:

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HUD adds $2.5 million to help 380 homeless veterans

Obama has said he seeks to eliminate veteran homelessness by 2015, and now adds more funds to help make that a reality. Additional funding for homeless vets U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan and U.S. Department of

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HARP Refinance : Saving Homeowners $5 Billion In Real U.S. Dollars

HARP Refinance Program : $5 Billion Saved In 2012 The government’s revamped Housing Affordable Refinance Program (HARP) does more than just help underwater homeowners. It helps the banks that make HARP loans, too. A recent Wall Street analysis pegged the

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Mortgage Rates Rise: Time to Get Serious, Buyers

After 6 straight weeks of improvement, mortgage rates finally moved higher this week. Freddie Mac reports that the average 30-year fixed rate mortgage rate rose 4 ticks to 3.71% this week. Last week, the average 30-year fixed rate mortgage registered

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