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Posts Tagged ‘Market Trends’

September 2011 Saw Record High in Remodeling Activity

Stephanie in Architecture, Design, Homeownership, House Features, Market Trends, Real Estate   •   0 comments Nov 24, 2011

While it may be true that remodeling activity suffered a decrease in 2011′s third quarter, it conversely reached a new record high back in September. Those two statements may seem to contradict each other, but they really don’t. It turns out that, year-over-year, September 2011 saw a remodeling activity rate increase of 34%, according to…

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Where the Improving Housing Markets Were in November

Stephanie in Market Trends, Real Estate   •   0 comments Nov 15, 2011

All the talk lately of a drop in pending home sales, a potential triple-dip in home prices, and other negative real estate news may cause you to think that good real estate news is nonexistent. Fortunately, we here at Movoto can say with certainty that good news stills exists; it’s just a little harder to…

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Why Pending Home Sales Declined in September

Stephanie in Homebuyers, Homeownership, Interest Rates, Market Trends, National Association of Realtors, Real Estate   •   2 comments Nov 9, 2011

Some recovery has been seen in the realm of pending home sales since September 2010 — a 6.4% increase year-over-year, in fact. However, the September 2011 rate represents a 4.6% drop from where the rate sat in August 2011. What’s more, declines are present in every region of the country: The West suffered a mild…

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Real Estate News: The Home Prices Triple-Dip is Coming

Stephanie in Foreclosures, Homes for Sale, Listings, Market Trends, Median Home Price, Northern California, Real Estate, Southern California   •   1 comment Nov 1, 2011

Here we go again: Financial analytics company Fiserv is predicting that America’s home prices are heading for a triple-dip. The most recent real estate news from this organization calls for another 3.6% drop in home prices by June 2012, which means that they will have dropped from their 2006 peak down to 31% (2009), then…

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Real Estate Tips: Why You Should Consider a Smaller Home

Stephanie in Architecture, Buyer Tips, Design, Homebuyers, Homeownership, House Features, Market Trends, Real Estate, Real Estate Tips, Square Footage   •   1 comment Oct 26, 2011

Bigger isn’t always better. Everyone’s heard this adage before, but never has it been more true than in this unemployment-prone, recession-era real estate market. Prior to the housing bubble bursting, many homeowners wanted sprawling estates and mini-mansions decked out with all the niceties of First World living. Now, however, in the age of 9.1% unemployment…

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Check Out 2011′s Top 5 Best and Worst Housing Markets in America

Stephanie in Discounted Homes, Florida, Homes for Sale, Market Trends, Median Home Price, Real Estate   •   0 comments Oct 25, 2011

Here’s something you probably already knew: The real estate market stinks like a dead skunk in the middle of the road. Shocking, I know, but it’s very true. Just try hopping in your car and taking a drive through any given residential neighborhood. You’re essentially guaranteed to see a number of “For Sale” signs that,…

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Even MORE Foreclosures? August Sees Surge in Mortgage Default Warnings

Stephanie in Foreclosures, Homeownership, Market Trends, Opinions   •   2 comments Sep 15, 2011

Homeowners around the country really felt the heat in August, and it had nothing to do with the weather outside. Instead, the heat came in the form of mortgage default warnings. Foreclosure listing firm RealtyTrac Inc. reported via Yahoo! Finance today that the number of U.S. homes who had an initial default notice given to…

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How Low Will They Go? Mortgage Rates Hit New Record Lows (Yet Again)

Stephanie in Interest Rates, Market Trends, Opinions, Real Estate   •   1 comment Sep 9, 2011

Your dear friends here at Movoto have some good news and some bad news for you, the consumer. First, the good news (for home buyers, anyway) courtesy of Realty Times: According to home mortgage giant Freddie Mac in their newest Primary Mortgage Market Survey® (PMMS®), both fixed and adjustable mortgage rates have slumped once again,…

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