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February 2011 - Posts
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RISMEDIA, February 28, 2011—Continued improvements in economic activity driven by strong growth in consumer spending are moving the economy beyond the recovery phase and into a period of expansion, according to the February 2011 Economic Outlook Read More...
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RISMEDIA, January 18, 2011—It might have been the market meltdown. Or maybe it was the emergence of new players. But somehow along the way, it seems as though the real estate industry forgot about a big company named CENTURY 21 Real Estate. Now Read More...
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Wells Fargo Says Credit Score of 500 OK In a long-awaited shift, Wells Fargo is providing FHA mortgages to borrowers with credit scores as low as 500. The move comes after the National Association of Realtors® and FHA Commissioner David Stevens, among Read More...
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NEW YORK (CNNMoney) -- Sales of existing homes recorded modest gains in January, the third straight month of month-over-month increases. According to the National Association of Realtors, homes sold at an annual rate of 5.36 million in January, up 2.7% Read More...
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Have you ever wondered what makes up your credit score? The three major credit reporting agencies, Experian, TransUnion, and Equifax, use a number of factors to calculate your score. Credit scores range from 300 to 850 and are a buyer's key to attaining Read More...
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It's a dreaded part of buying a new home. It can be costly and time consuming, and can even cause you physical pain. What could possible wreak all this havoc? Moving day. Moving days can be quite the headache! To help you prepare and to avoid potential Read More...
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Market View for Corona Info Avg. Listing Price $326,499 Wk ending Feb 09 -$6,762 -2.0% w-o-w Median Sales Price $320,000 Nov '10 - Jan '11 -$5,000 -1.5% y-o-y 1,296 Homes For Sale 3 Open Homes 3,367 Recently Sold 2,895 Foreclosures Market Trends Read More...
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Buying a home is not a discrete event; it's a process - a sequence of events that happens over time, sometimes over as long as several months or even years! While general guides to buying a home are a dime a dozen, I'vm excited to share with you Read More...
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Real estate franchise giant and Realogy subsidiary Century 21 Real Estate has launched a blog it hopes will be a "conversation starter" between consumers and industry professionals, the company announced this week. The blog, @C21 - Home Matters Read More...
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As someone who may have recently bought a home or (more likely) are thinking of buying a home now, you should know that most American’s consider home buying to be a solid investment. Despite the downturn that we are in right now, it appears that Read More...
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You've been out looking at homes with your real-estate agent all day. As you walk through the door of the last house on your list, your mouth falls open. Finally, you've found "The One," the perfect house. Stars shimmer in your eyes. Read More...
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When a real estate transaction involves a property in foreclosure, knowing the foreclosure timeline helps you as the real estate agent to assess whether you have enough time to close escrow before the foreclosure sale. Starting September 8, 2008, California Read More...
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U.S. home prices fell for the fifth month in a row in December, but the rate of decline is decelerating, according to the latest Home Price Index from mortgage data aggregator CoreLogic. The CoreLogic HPI showed national home prices falling 5.46 percent Read More...
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While renting offers zero tax breaks, buying a home offers several tax benefits that can make homeownership more affordable. Real estate professionals need to be careful in providing detailed tax advice to clients to avoid lawsuits, but you can ensure Read More...
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If you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won't Read More...
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Offer a Decorating Allowance There may be a buyer that likes your home but just has different decorating tastes. To seal the deal, offer a decorating allowance (for painting, new carpets or wallpaper). You can also offer cash at closing, or put money Read More...
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1. Use it or lose it. As with any skill or capability we have learned, our physical, mental and social abilities will deteriorate if not challenged. This is intuitive, yet somehow as we age we attribute lost ability to getting old, rather than being out Read More...
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Mortgage rates were little changed this week on news that the economy improved and inflation remained in check at the end of 2010, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey . The economy grew at an annual rate Read More...
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If you are a first-time homebuyer or haven’t bought a home in a while, this guide will offer valuable information about buying a home. Gather the information you will need to qualify for a home mortgage Before you can buy a home, you will need to Read More...
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Predictions can be risky, and downright foolish if you're trying to guess the direction of the wayward housing market. Yet thousands of potential home buyers are making bets every day on whether the housing bust is over, or only at an intermission. Read More...
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