Prudential Real Estate ranked the highest in customer satisfaction in three out of four home buyer and seller segments, according to the latest J.D. Power Home Buyer/Seller Satisfaction study of the nation’s largest real estate companies. 

Rankings for home-buying satisfaction are based on four factors: agent/salesperson, real estate office,

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“Boomerang buyers”—former home owners who have gone through a short sale, foreclosure, or bankruptcy in the past few years and are saving up for a down payment to purchase a home again—are coming back. They're expected to flood markets in some of the hardest hit areas for short sales and foreclosures in the coming years. For example, boomera

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With a study by the Home Buying Institute indicating that 40 percent of agents have closed two to five deals as a direct result of their social media marketing, it makes sense for property professionals to have a dedicated social media strategy.

Creating such a strategy involves determining the right social media platform for their message,

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The housing market is strengthening, with home prices continuing to rise and home sales remaining strong, but there are large regional differences and the economic recovery remains fragile, according to the June edition of the Obama Administration’s Housing Scorecard, a report on the nation’s housing market. 

“Foreclosure starts and c

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The number of homes for sale rose 4.3 percent in June to 1.9 million—the highest level in the past year. These gains are also higher than usual for this time of year, according to newly-released housing data from realtor.com®. 

Following two years of declines, housing inventory is finally reversing course. More home owners are seeing rising

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Foreclosures have fallen by 35 percent nationwide in the last year, according to data from RealtyTrac. However, where such proceedings must first get approved by the courts—which are known for having a lengthy process—foreclosures have climbed 34 percent overall. In New Jersey foreclosures have soared 103 percent, followed by Florida (up 100

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On average, U.S. employees saw a 2.5 percent rise in their wages in the past year. But in some places of the country, workers are seeing even larger increases to their pay. These are the five cities seeing the largest pay hikes: 

San Francisco: a 4.3 percent pay increase in one year

San Francisco is known for its high-salary tech jobs. And

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As of last week, borrowers had cashed nearly 2.9 million checks from a settlement paid out by 13 of the nation’s largest lenders for various foreclosure mistakes that had been made over the last few years. The Office of Comptroller of the Currency said that, so far, $2.5 billion worth of checks had been cleared—but that’s still only about tw

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Real estate agents who want to get more out of their marketing videos should focus on the property, not themselves or the sellers. 

Here are three tips for successful selling videos:

1. Personalize the video with a short introduction; but the rest of the footage should feature only the house, with a voiceover track used to add comments. 

2.

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Blackstone Real Estate, the nation’s largest owner of single-family homes, says they’re not done buying homes yet. Jonathan Gray, Blackstone’s global head of real estate, says that prices are still low in many areas and it’s still an opportunistic time for real estate investors. 

"In places like California it has gotten more difficult, but

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Underwater home owners are willing to move, despite losing money on their homes, new research shows. 

In fact, home owners who owe more on their mortgage than their home is currently worth are more willing to move away if a job opportunity arises than even home owners with equity, according to researchers with the Federal Reserve Bank of

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In June, lenders initiated 57,286 foreclosures — the lowest level for any month in 7.5 years, RealtyTrac Inc. reported Thursday. Foreclosure starts are at an 800,000 pace for this year, down from 1.1 million last year. 

The housing market continues to pick up nationwide, and the drop in foreclosures is helping to keep home prices higher. CoreLogic

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Young people are showing signs of being more interested in conserving resources than previous generations, according to an analysis of a long-term survey of high school students that shows how the recent economic downturn has reshaped youth attitudes.

Youth today are less interested in “big-ticket items such as vacation homes and new cars — though t

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Mortgage rates moved higher again this week as speculation continued about whether the Federal Reserve will end its future bond purchases, which have kept rates at historical lows, Freddie Mac reports in its weekly mortgage market survey. But remarks by Federal Reserve Chairman Ben Bernanke on Wednesday may indicate that the Fed won’t be e

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The real estate marketing practices of a decade ago—yard signage, print advertising, and postcard mailings—do not measure up in today's increasingly online world. 

"If you haven't been in the real estate market for five or ten years, you may be surprised how much the home-buying experience has changed thanks to the Internet," notes Brian

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Six regulatory agencies issued a proposal Wednesday that would exempt three types of higher-priced mortgages from appraisal requirements.  The plan would exempt loans secured by existing manufactured homes (and not land), certain types of "streamlined" refinancings, and loans of $25,000 or less.

The six agencies—Federal Reserve Board, the C

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With housing inventories so low, why aren’t homebuilders jumping in by ramping up production to meet demand?

A new housing report by Arizona State University suggests that homebuilders are methodically holding back their inventories and keeping the rate of new-home building low, despite population growth projections. 

“New-home builders don’t

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Economists often say where jobs pick up, the housing market will soon follow. Forbes recently ranked metro areas to find which midsize cities are posting some of the largest job gains. Forbes reviewed employment data from 2001 through January 2013 for its rankings. The midsize cities that topped its list:

  1. Boulder, Colo. 
  2. Provo-Orem, Utah
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Home owners who live near areas where disasters have struck, but have not been directly impacted by them are still seeing dramatic increases in their insurance premiums. 

For example, in the wake of Hurricane Sandy, unaffected residents living near the disaster zone still saw big spikes in flood insurance premiums. FEMA has reclassified the

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The IRS and Congress are attempting to define what constitutes real estate assets for qualifying as a real estate investment trust (REIT) under the tax code. The IRS has reportedly been informing several REITs that it’s studying the legal standards it uses to qualify REITs, which could ultimately impact tax advantages for existing REITs or t

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A surge in mortgage rates to the highest level in two years dampened demand for mortgage applications last week, the Mortgage Bankers Association reports in its weekly survey covering 75 percent of the residential mortgage market. 

For the ninth consecutive week, 30-year fixed-rate mortgages rose, averaging 4.68 percent for the week ending

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Foreclosures are continuing a steady fall, as home prices rise and the housing market picks up nationwide. 

About 1 million homes were in some stage of foreclosure in May, down from 1.4 million in May 2012, a 29 percent decline, according to CoreLogic’s latest foreclosure report. As of May, the foreclosure inventory represented 2.6 percent of all h

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