Monthly Archives: November 2012

Pending home sales up 17.4% over October 2011 in the South

The volume of housing contracts signed last month rose yet again, marking the 18th consecutive month of this indicator improving, a hopeful sign for a market finding its bottom, which is the first step to preparing for a recovery. 18th

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“No pets over 450 lbs” and other real life marketing typos

There is nothing more gratifying than sifting through hundreds of real estate listings and finding borderline offensive errors like these – they are always good for a laugh, and serve as a weekly reminder to spell check ALL marketing copy

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Home Prices Increase For Sixth Consecutive Month

Home prices continue to rise, spelling good news for housing, but homes are still valued 30 percent below their peak in 2006, according to Case-Shiller data. Housing has found its bottom, so the road to recovery may now begin, but

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Home Buyers To Face Higher New Construction Prices In 2013

Buyers of new construction may find the 2013 housing market less friendly than the one of 2012. According to the National Association of Home Builders (NAHB), U.S. homebuilder confidence has climbed to its highest point in more than six years,

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Home Prices and Sales Rise, Inventory Levels Continue to Drop

Inventory levels are now at February 2006 levels, and price increase pace now matches pre-recession improvements. Housing is showing signs of health, but the road to recovery depends highly on fiscal cliff negotiations and mortgage lending standards. Home prices continue

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Refinance Math : Homeowners Lowering Payments 25.5%, On Average

For homeowners in search of low mortgage rates, last quarter marked a terrific time to do a home refinance. According to mortgage-backer Freddie Mac, U.S. homeowners who refinanced between July-September 2012 lowered their mortgage rates by an average of 31

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MLS BLOOPERS: Bic rooms: accidentally setting your marketing copy on fire

I think we are in an end-of year slump, folks. The number of MLS Bloopers and real estate advertising gaffes were plentiful this week. Perhaps it would behoove us all to polish off that pitcher of martinis after we upload our listings. But then,

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