News / Features

Home Sales Remain Steady But Home Values on the Decline

Zillow found that home values have been on the decline for 57 consecutive months, despite the National Association of Realtors tracking a rise in home prices in over 20 percent of metropolitan statistical areas, according to Wall Street

Bank Ordered Auction for Beach-Front Condos

Beach-front condos with resort-style amenities will be auctioned off next month for half of their original asking price. On June 5, 22 condominiums at Diamond Beach, originally priced from $445,000 to more than $1 million will be auctioned off

Freddie Mac Sets New Record

Freddie Mac sold a record amount of previously foreclosed or repossessed homes, with a total of approximately 31,000 homes sold in the first quarter, according to

Increasing Percentage of Homeowners Underwater

Real estate data analytics firm, Zillow, reported that more than 28 percent of US homeowners are currently underwater on their mortgages; data by CoreLogic in early March had previously measured this rate at 23

HUD Grants Promote Healthy, Safe Housing

In an ongoing effort to promote overall prevention of housing related health and safety hazards, such as recognizing and controlling lead-based paint, the U.S. Department of Housing and Urban Development (HUD) is now offering up to seven grants in

Freddie Mac’s Earnings Increase: First Time in Two Years

Freddie Mac’s net income gain for the January-March quarter marks the first quarterly gain in two years, with the last gain in April-June 2009, earning $676 million according to

New Bill Works to Expedite Short Sale Approval

Short sales can take months to approve, but with the help of a potential new bill, homeowners may find themselves receiving a response to short sale requests within a mere 45

Bank of America Increases Support Centers

Bank of America plans to open 28 new help centers, for a total of 40 help centers across the U.S., in order to accommodate troubled homeowners in need of mortgage

Facebook Ad Reach on the Rise

Marketing through social media platforms — including Facebook — is constantly on the rise, and effectively impacting businesses of all kinds, including real

Four Percent Increase in Mortgage Applications Last Week

Mortgage applications experienced a 4 percent increase last week (April 29), according to

NAR Proposed Due Increase: Voice your Opinion

The National Association of Realtors recently proposed a membership due increase of up to 50 percent, potentially increasing 2012 membership dues from the current $80, to $120, according to AgentGenius, in an effort to reshape campaign

March Pending Home Sales Up 5.1 Percent

According to a report released this morning by the National Association of Realtors, pending home sales increased 5.1 percent in

Texas Metropolitan Home Prices Fall 1.2 Percent from 2010

Prices of single-family homes declined in 20 metropolitan areas by 0.2 percent from January to February, according to the S&P/Case Shiller composite index released today. This decrease places the current composite index of 139.7 just slightly above the 2009

New Bill to Streamline Short Sales

A new bill introduced earlier this week aims to change long lender delays with short

Texas Foreclosure Activity Decreases in Q1

RealtyTrac released yesterday its U.S. Foreclosure Market Report for the first quarter of 2011, which shows foreclosure filings were reported at a 15 percent decrease from the previous quarter and a 27 percent decrease from the first quarter of

Feds Settle with Major Lenders

Federal bank regulators yesterday announced settlements with the nation’s largest mortgage lenders for unethical foreclosure practices that were identified in 2010

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