by Jim Crowder | May 5, 2014 | HOUSING MARKET
Two senators are working to change specific reverse-mortgage rules in an effort to keep heirs safer from foreclosure. A growing number of heirs are facing foreclosure after receiving confusing information regarding their parent or grandparent’s reverse mortgage...
by Jim Crowder | May 2, 2014 | HOUSING MARKET
Profits from flipping homes are increasing. The profit for flipping a home has jumped 30% making the average sales price in this year’s first quarter $55,574 higher than the purchase price from last year, according to RealyTrac. Daren Blomquist, vice president...
by Jim Crowder | May 1, 2014 | HOUSING MARKET
Remodeling spending is increasing and currently up 30% from its lowest point, and single-family construction is showing signs of improvement, as well. According to recent data, a home improvement project that cost $50,000 in 2010 has now increased to $60,000-$70,000....
by Jim Crowder | Apr 30, 2014 | HOUSING MARKET
Foreclosure rates in the U.S. have fallen, according to current data. Home foreclosures decreased 37% year-over-year, averaging 720,000, down from 1.1 million in early 2013. CoreLogic’s most recent National Foreclosure Report states that there were approximately...
by Jim Crowder | Apr 29, 2014 | HOUSING MARKET
Your credit score determines many important aspects of your life such as buying a home, a car, or applying for a credit card. Lenders look at your score to decide if your credit is strong enough to qualify for a loan or line of credit. Experts have offered a few tips...
by Jim Crowder | Apr 28, 2014 | HOUSING MARKET
Home sales in the U.S. hit the lowest levels seen in more than 1-1/2 years last month, according to the Nation Association of Realtors. Home sales have fallen 0.2% to an annual rate of approximately 4.9 million units. Although sales have slipped, experts do not expect...
