Daily Real Estate News | March 9, 2011 | Share Mortgage Purchase Activity at Highest of Year Mortgage applications for purchases rose to their highest level of the year last week, the Mortgage Bankers Association reports. Purchase applications for mortgages increased 12.5 percent from one week earlier, and on an unadjusted basis, purchase application activity is the highest since last May. … [Read more...]
New Rules for First-Time Home Buyers
REAL ESTATE by Anna Maria Andriotis (Author Archive) Smart Money New Rules for First-Time Home Buyers Without a house to sell , first-time home buyers have had a field day in the depressed housing market. Until recently, anyway. A series of new rules, regulations and policies have changed the landscape, making buying that new home harder and more expensive. Not long ago, first-time buyers … [Read more...]
Builders Promote New Homes vs. Foreclosures
Daily Real Estate News | March 8, 2011 | Share Builders Promote New Homes vs. Foreclosures Builders across the country are tweaking their marketing to make a point that foreclosures aren’t always the good deals everyone thinks they are and can come with plenty of pitfalls if buyers aren’t careful. Builders are warning buyers to be careful before they buy a foreclosure, which they say … [Read more...]
Popular Kitchen Remodeling Trends
Daily Real Estate News | March 8, 2011 | Share Popular Kitchen Remodeling Trends Remodeling kitchen trends are creating stylish kitchens with cleaner lines, built-in dining, and pops of color, according to a recent article in RISMedia. Here are some recent trends in kitchens across the country. 1. Built-in dining areas. Eat-in kitchens are in high demand as more remodelers are opting … [Read more...]
Selective First-Time Buyers Can Miss Deals
Daily Real Estate News | March 8, 2011 | Share Selective First-Time Buyers Can Miss Deals Finding a "move-in ready" home was important to 87 percent of 300 first-time buyers recently polled by Coldwell Banker Real Estate. Some agents say first-timers are being more selective; and some are turning away from well-priced homes because they do not have granite countertops, they need a new … [Read more...]