Monthly Archives: May 2014

Buyers Of New Homes Getting Access To Lower Mortgage Rates, But Forfeit Leverage Over U.S. Builders

Builders are maintaining their leverage over buyers. According to the U.S. Department of Housing and Urban Development (HUD), sales of newly-built homes climbed in April as new construction buyers returned to the U.S. housing market. The supply of available homes

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Fannie, Freddie Reduce Reserves Thanks to Stronger Market

The latest quarterly performance report from the Federal Housing and Finance Administration makes it clear that Fannie and Freddie are optimistic about the future of the housing market. The clearest indicator is on page 3, under the heading “Loan Loss Reserves Continue

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Outdoor Showers: 14 Refreshing Design Ideas

Check out these creative outdoor showers – from industrial to nature-inspired, they’re all architecturally brilliant

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How to Protect Your Credit Score During a Move

By Becky Frost Packing up and moving can be challenging. With so many things to remember and do, it is easy to place thoughts about your credit’s well-being in the background. Moving will occasionally be part of your life story, and there

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Open Floorplans Getting Closed Off? Demand Grows for Separate Kitchens

By Melissa Dittmann Tracey, REALTOR(R) Magazine Open floorplans have been in high demand in recent years, with buyers showing preferences for open kitchens and dining areas tucked into great rooms. But could that be changing? A New York Times article highlights a

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Flood Insurance Premium Rate Reductions

This is from NAR Government Affairs: Effective May 1, 2014, all buyers of older properties (“pre-FIRM”) will see a premium rate reduction under the Homeowner Flood Insurance Affordability Act of 2014. Instead of jumping to “full cost” for flood insurance, buyers will assume

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Rents Continue to Increase for Residential Properties

Demand for rentals remained strong in March, according to the latest REALTORS® Confidence Index. Among those REALTORS® involved in a rental, 48 percent (46 percent in February) reported higher residential rents compared to 12 months ago. Rising rents may make home

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