Completed foreclosures rose 2.5 percent in June from May, CoreLogic reported Tuesday. Its report follows another recent one from Lending Processing Services that showed nearly a 10 percent rise in the national delinquency rate in June compared to May. 

About 1 million homes are in the foreclosure inventory as of June, CoreLogic reports. That

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If the bank or government can’t save a person from foreclosure, can a crowd? “Crowdfunding” sites are on the rise as desperate home owners turn to trying to raise money from friends, family, and strangers to try to stay current with their mortgage payments. 

“Listings asking donors to ‘Help save my children's home’ and ‘Help avoid foreclo

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The Blackstone Group and Deutsche Bank are reportedly in talks to create the world’s first bond that would be backed by home-rental payments. The Blackstone Group, a private equity firm that has become the largest investor of single-family rental homes in the United States, reportedly plans to bundle monthly rental payments on up to 1,700 o

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Mortgage applications dropped 3.6 percent last week compared to the prior week, as mortgage rates mostly held steady, the Mortgage Bankers Association reports. 

“A recent run-up in interest rates has curbed some individuals' appetite to buy a new home and reduced the appeal of mortgage refinancing, while mortgage rates have steadied somewhat

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Mortgage applications dropped 3.6 percent last week compared to the prior week, as mortgage rates mostly held steady, the Mortgage Bankers Association reports. 

“A recent run-up in interest rates has curbed some individuals' appetite to buy a new home and reduced the appeal of mortgage refinancing, while mortgage rates have steadied somewhat

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The home ownership rate dipped to 65.1 percent in the second quarter, falling to the lowest level since the fourth quarter of 1995, the Census Bureau reported Tuesday. The drop coincides with efforts by consumer groups and lawmakers to try to make home ownership more inclusive, particularly at a time when affordability is still high. 

In

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By Melissa Dittmann Tracey, REALTOR(R) Magazine

Home buyers are sizing up homes with a long list of preferences.

The typical home shopper buys a home with three bedrooms and two full bathrooms, according to the National Association of REALTORS(R) 2013 Home Features Survey.

What feature did home shoppers report they most desire in a home?

Central air

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By Melissa Dittmann Tracey, REALTOR(R) Magazine

Americans may be able to buy a higher-priced home if they buy new, according to a study by the National Association of Home Builders. The NAHB study — using data from the Census Bureau and Department of Housing and Urban Development — suggests due to lower operating costs with new-homes buyers can pur

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By Mark Scheets, Guest blogger

What is an Energy Efficient Mortgage?

Energy efficient mortgages (EEMs, sometimes known as “green mortgages”) are loans that allow home owners to finance energy-efficient upgrades for their current home or in a new home purchase.  The cost of the upgrades is rolled into the mortgage so that multiple loans are not need

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By Melissa Dittmann Tracey, REALTOR(R) Magazine

What are the two most common home features that home shoppers say they’re willing to spend extra for in order to have in a home?

Air conditioning and new kitchen appliances, according to the 2013 Home Features Survey by the National Association of REALTORS(R).

Sixty-nine percent of the buyers surveyed

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By Melissa Dittmann Tracey, REALTOR(R) Magazine

Get ready for Justin Bieber posters lining the walls and video-game arcades. The “teen lounge” is the new space entering homes.

Designers and architects say they’re fielding more requests lately to make-over areas in the home that are designated for older kids. These spaces are becoming teen lounges, h

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By Melissa Dittmann Tracey, REALTOR(R) Magazine

The Housing Supply Is Looking GreenerGreen building is moving into the mainstream. About one in five homes — or 20 percent — built last year were “green,” according to a study by McGraw Hill Construction. What’s more, researchers predict green homes to make up 29 percent and 38 percent of new homes by 2016.

Energy efficient home features

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Wood floors are in high-demand among home buyers. In fact, 90 percent of real estate agents say that homes with hardwood floors are easier to sell, and 90 percent also say that homes with hardwood flooring tend to sell for up to 10 percent more than homes that don’t have it, according to the National Wood Flooring Association.

There are many

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Rising mortgage rates are beginning to impact the housing market, as pending home sales declined in June after reaching the highest level in more than six years, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, fell 0.4 percent to 110.9 in June. That's

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If you have an old smartphone you no longer use, don’t just toss it in a drawer. A new effort is afoot to resell old phones as well as allow trade-ins to help fuel sales of newer models. 

“The market for previously owned iPhones and Androids is booming, producing high and predictable resale values that carriers are starting to exploit,” The W

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Real estate-related initial public offerings have been popular the last year. The latest to hit the stage: American Homes 4 Rent, a real estate investment trust based in Malibu, Calif., plans to raise up to $794.1 million for an IPO. That would be the largest for a company specializing in single-family rentals. 

“Operators of single-family r

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A new bill in the Senate is proposing that borrowers who buy energy-efficient homes be able to qualify for larger mortgages. The bipartisan bill, called the SAVE Act, would allow mortgage lenders to factor energy savings into the value of a home. 

"It's about energy efficiency, it's about savings, it's about increasing the borrowing power

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More than 44 percent of home buyers who plan to buy a home within the next two years said they would be willing to go over their budget by up to 10 percent in order to buy in their preferred school boundaries, according to a new survey by realtor.com®. 

Three out of five home buyers surveyed said that school boundaries greatly impact their

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With home buyers finding themselves in bidding wars all over the country, how can you help make sure they aren’t outbid every time? 

In 18 states, 69 percent of homes on the market fielded multiple offers in June, according to real estate brokerage Redfin. Bidding wars are reportedly most common for bargain-priced homes where home buyers are

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On July 29, 1913, the National Association of REALTORS® adopted a code of ethics at their annual convention in Winnipeg, Manitoba. But why did this momentous event occur in Canada, of all places?

“For many decades, the Winnipeg REALTORS® Association, along with several other local and provincial real estate associations in Canada, were members of th

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In a speech last week, President Obama vowed to continue to support several policies that he says will aid in the economic and housing recovery. 

“The key now is to encourage home ownership that isn’t based on bubbles, but is instead based on a solid foundation, where buyers and lenders play by the same set of rules. Rules that are clear, tra

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Existing home owners are taking a bigger share of the housing market while investors—who have been the powerhouse until late—are slowly retreating.

“A sustainable housing market typically includes a more balanced share of first-timers, move-up buyers and investors, and that's how the housing recovery is beginning to shake out,” Realty Times r

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Home prices are rising across the country and the prices for new homes in particular may increase significantly in the near future. Economist Bradley Hunter with Metrostudy told The Chicago Tribune that he predicts newly-built homes could see a 9 percent increase in price by the end of the year. 

“Here's what's happening: Land values are g

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