This week state attorneys general from Virginia, Texas, Florida and South Carolina sent a letter to their colleague in Iowa, Attorney General Tom Miller. He is leading the 50 state investigation into the so-called "robo-signing" foreclosure paperwork scandal and the four AGs say they are concerned.
If you’re planning to put your home on the market, it’s not your manners that need polishing. Try your silver, among other improvements. Now, more than ever, getting a signed contract in hand is all about price and quality.
The slashed prices have left what many consider a wealth of bargains across the country. Take a look at these homes that have seen about a 20 percent drop in price since being listed.
The best mortgage rates are not necessarily offered by the big volume players or the bank where you currently do your checking. Instead, they can often be found at smaller banks and credit unions.
“We are not a speculative group of people. Instead [New Englanders] tend to be very conservative and don’t get into as much speculative behavior. That’s why prices didn’t drop as much."
Those looking to benefit from the buyer’s market today must come to the table prepared, armed with a clean financial bill of health and plenty of research to ensure they get the best deal on their purchase
Florida, perhaps more than any other state, epitomizes the dramatic rise and fall of the nation’s housing market. Though the state continues to struggle with high foreclosure rates and an excess of available homes, leading indicators suggest its residential market is on the road to recovery
In the past, the prospect of higher rates has typically led to a burst of mortgage activity, but in the current environment, particularly after the extenuating circumstances of the past two years, it's hard to say if that dynamic will play out again.
By cutting out the middle man and selling your home yourself, you could walk away with tens of thousands of dollars more in your pocket. It just takes a little marketing know-how and a lot of entrepreneurial spirit.
If California is an indicator of the US real estate market, then the tide could be turning. Discounted higher-priced homes are beginning to sell, following a frenzy of activity with foreclosed properties.
Just because a local housing market has sunk like a stone, doesn’t mean it can’t drop some more. Here's a list of cities that are overvalued, undervalued and fairly priced.
Thankfully, the two-year-long storm in the Mid-Atlantic housing market appears to be over. In pockets of the region, the sun is beginning to peak through, and homes are again being bought and sold. But, like the weather, the recovery is variable.