BLOG
The lighter side of real estate
 
 

Archive for May, 2011

Foreclosures Drop in April, but Don't Get Excited

ddai in Foreclosures, Other   •   0 comments May 31, 2011

The rate of new foreclosures has reached its lowest level since spring of 2008, according to the Wall Street Journal. While this sounds like a good thing, optimists should proceed with caution. The main factor in this slowing of the foreclosure rates is not an absorption of inventory into the market (which would be a

Read the rest of this article »

 

Foreclosures Drop in April, but Don’t Get Excited

Meg in Foreclosures, Other   •   0 comments May 31, 2011

The rate of new foreclosures has reached its lowest level since spring of 2008, according to the Wall Street Journal. While this sounds like a good thing, optimists should proceed with caution. The main factor in this slowing of the foreclosure rates is not an absorption of inventory into the market (which would be a

Read the rest of this article »

 

Home Prices, Confidence Fall

ddai in Market Trends, Other   •   0 comments May 31, 2011

Home prices fell by 0.2% between February and March, according to the latest Case-Shiller report. The average single-family home now costs less than it did in April 2009, which was previously considered the low point of the housing crisis. This basically confirms the double-dip theory proposed by many real estate experts during the first quarter.

Read the rest of this article »

 

Home Prices, Confidence Fall

Meg in Market Trends, Other   •   0 comments May 31, 2011

Home prices fell by 0.2% between February and March, according to the latest Case-Shiller report. The average single-family home now costs less than it did in April 2009, which was previously considered the low point of the housing crisis. This basically confirms the double-dip theory proposed by many real estate experts during the first quarter.

Read the rest of this article »

 

Streamlined Mortgage Disclosure Forms Could Help Homebuyers

Meg in Homeownership, Other   •   0 comments May 30, 2011

According to last week’s Wall Street Journal, a new agency formed by President Obama aims at simplifying the mortgage application process by boiling down mortgage disclosure forms into a single clear-cut document. The Consumer Financial Protection Bureau, headed by Elizabeth Warren, hopes to combine existing mortgage disclosure documents in order to make questions of affordability,

Read the rest of this article »

 

The Movoto Team and its Travels!

Meg in Movoto.com, Other   •   0 comments May 29, 2011

Our Movoto team in Shanghai recently made an expedition to the lovely city of Lijang in the Yunnan province. Lijang is a gorgeous spot – 800 years old or so, half rural, half-developed for tourism, and located along old roads once used for trading tea and salt. While there, our team took a lot of

Read the rest of this article »

 

Mortgage Delinquencies Down, Foreclosures Holding at Record Highs

Meg in Foreclosures, Other   •   0 comments May 28, 2011

Mortgage delinquencies are the lowest they’ve been in two years – a fact which has many real estate experts predicting a long-awaited recovery. The Wall Street Journal reports that new delinquencies (that is, mortgages with payments 30 days overdue) have declined slightly and currently account for about 6.2 million households across the country. That’s good

Read the rest of this article »

 

All Photos, All the Time

Meg in Buyer Tips, Homebuyers, Homes for Sale, House Features, Listings, Movoto.com, Product Blog   •   0 comments May 27, 2011

  When you’re looking for a house, the thing you want to see more than anything else is… um . . . . . . .  the house! Am I right? The most-beloved bits of our site are the “listing” pages dedicated to specific homes. Users want to get a good sense of the house

Read the rest of this article »

 

Novelty Real Estate: On the Wings of Great Design and Practicality

Meg in Novelty Real Estate, Other   •   0 comments May 26, 2011

Charm-tastic architecture and design blog Freshome.com recently featured a rural home in the Azores (an autonomous region composed of archipelagos technically associated with Portugal). Named “House on the Flight of Birds“, the home’s eye-catching design keeps local geography and climate in mind by protecting against rough winds and frequent rainstorms.        

Read the rest of this article »

 

Rep. Scott Garrett Proposes 5% Minimum Downpayments for FHA Borrowers

Meg in Homebuyers, Homeownership, Mortgage, Other   •   0 comments May 24, 2011

We’ve been hearing rumors of legislation which would raise the minimum down-payments to 5% for a while now, but Inman News recently reported that the Republican-backed bill has been drafted and may go before Congress sometime soon. Naturally, opinions on the bill are divided. Some (Republicans, for the most part) feel that it’s a necessary

Read the rest of this article »

 
 
x