Existing-home sales declined in June, but have remained well above year-ago levels for the past two years. Also, the median price shows seven straight months of double-digit, year-over-year increases, according to the National Association of REALTORS®.

Total existing-home sales, which are completed transactions that include single-family homes,

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A home inspection is a buyer’s opportunity to see if any problems lurk that may prove expensive to fix later. Home inspections nearly always uncover something in a home to watch for or minor repairs needed. But what repairs should buyers especially be alarmed about that could possibly send them back to the negotiation table? Tom Kraeutler o

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Mortgage rates recently soared to a two-year high, prompting more borrowers to take a closer look at adjustable rate mortgages. 

Thirty-year fixed-rate mortgages have moved from below 3.5 percent as of late April to above 4.5 percent recently, increasing monthly payments for new home buyers. Meanwhile, ARM rates have stayed relatively steady

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By Melissa Dittmann Tracey, REALTOR(R) Magazine

The warmer weather has home owners looking to spruce up their home’s outdoor spaces. So when it comes to do-it-yourself outdoor projects, which projects are most home owners tackling?

A survey of more than 1,200 home owners by the Home Project Council identified the following DIY outdoor projects as

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Buyers often rank quality schools as an important factor in their home search. Century 21 recently announced that it has added a “search by schools” function to its Web site, century21.com, so buyers can have an easier time finding a home within specific school boundaries.

Buyers can search schools by location in a state, county, city, or

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As the housing market recovers, more Americans are getting into the real estate business and some housing markets are even seeing a boom in new REALTORS®. 

For example, the Miami Association of REALTORS® says it’s had a 27 percent jump in new members in the last year (rising from 3,000 agents last year to 3,800 agents in June). Similarly, th

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Following several weeks of increases, mortgage rates decreased, giving some relief to home buyers.

The Fed’s monthly bond purchase program has been keeping mortgage rates low for the past year, but there has been concern recently that the program will be ending soon, which has prompted mortgage rates to move up the last few weeks. 

This week,

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History shows us that we don’t need to fear the recent spikes in mortgage rates because they won’t have an impact on home prices, according to Fannie Mae researchers in a new report. 

Fannie Mae evaluated the trajectory of mortgage rates since 1990. Over the years, researchers have found that rising rates don’t hamper home sales and have no i

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Don't let leads slip through your fingers. Here are four mistakes you should avoid in order to keep those potential clients interested.  

Missing out on online leads: Agents should make sure their Web sites feature lead capture tools, such as free reports or videos that can be accessed in exchange for some information. 

Problems with calls to

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Young, first-time buyers are struggling to purchase a home. With low inventories of homes for sale, young first-timers are finding themselves competing against other bidders who are willing to pay cash. Meanwhile, many young buyers are having trouble qualifying for a loan, often due to high student loan debt. 

Overall, young buyers have been left

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A new update to realtor.com®'s real estate app for iOS and Android aims to create an even more seamless mobile real estate search experience for customers. Version 5.0 of the app includes larger, higher resolution listing photos, and for the first time, users can share listings on Facebook, Twitter, and other social media channels.

"The

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More than a dozen homes in the U.S. are now listed—some quietly—on the market for $100 million or more. That's more than the number that were listed during the peak of the housing boom in 2007, CNBC reports. 

"It's the most that I've ever seen," said Jonathan Miller, president and CEO of Miller Samuel, a real estate appraisal and consulting

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Boston Community Capital, a nonprofit helping low-income communities, is on a buying spree to clear the backlog of troubled mortgages and keep struggling home owners in their homes. 

During the last four years, the community development financial institution has purchased nearly 400 homes across the country that were in some stage of

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The recovering housing market is partially responsible for spurring economic growth, according to a recent Federal Reserve report. Eleven of the 12 districts included in the Fed survey say they are experiencing “modest to moderate” economic growth, while the 12th district, Dallas, reports “strong” growth. 

“Residential real estate and c

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Builders started construction on fewer new homes than expected in June, and permits for future construction also fell, the Commerce Department reported Wednesday. 

Housing starts fell nearly 10 percent last month to the lowest level since August 2012. Housing permits—a gauge for future home construction—dropped 7.5 percent, posting a second c

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Builders started construction on fewer new homes than expected in June, and permits for future construction also fell, the Commerce Department reported Wednesday. 

Housing starts fell nearly 10 percent last month to the lowest level since August 2012. Housing permits—a gauge for future home construction—dropped 7.5 percent, posting a second c

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Though the housing recovery is trucking along, that doesn't mean real estate scams have gone away. Home owners have been duped out of an average of $4,000 to $5,000 from scams, but even five-figure losses aren’t uncommon for those who have fallen prey to fake loan modifications and other housing fraud. Forbes recently highlighted three of the most

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With home buyer demand on the rise and available residential units in short supply, many developers in New York, Miami, and other cities are preselling units months or even years before new buildings are completed.

In Miami, the 18-story Faena House already has half of its 47 units under contract, with buyers making 50 percent cash deposits

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Builders continue to feel more optimistic about the direction of the recovery for newly built single-family homes. Builder confidence rose six points in July to 57, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Any number above 50 indicates more builders view conditions as good than poor. 

The index

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What’s the median monthly mortgage payment of home owners? $1,015, according to the newly released American Housing Survey, conducted by the U.S. Census Bureau. The survey reveals a range of data, from who is living in homes to characteristics of the homes themselves. The latest survey reflects 2011 data. The survey is  conducted only on odd years.

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States are tightening up their adverse possession laws and making it tougher for squatters to make claims to properties they don’t own. Adverse possession laws allow squatters to obtain title to a home after they’ve lived in the property for several years. 

Florida is the latest state to change its law and now prohibits “acquiring title to r

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Mortgage rates are on the rise, prompting fewer home owners to refinance their mortgages, but the increase doesn’t appear to be deterring home buyers yet. 

The lower refinance demand caused overall mortgage applications to drop 2.6 percent last week, the Mortgage Bankers Association reported Wednesday. The MBA’s survey covers about 75 p

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Cash real estate sales have risen the last few years to some of the highest levels on record, and a new report by CoreLogic suggests that these sales heavily helped to contribute to stabilizing the residential housing market and leading it into recovery. 

In the early 2000s, cash sales averaged 25 percent of home sales. But in 2007 and 2008,

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