Completed foreclosures in 2013 are projected to be down about 27 percent from last year — the lowest since 2007, RealtyTrac reported Thursday. The projected 490,000 foreclosures this year is a far cry from the peak of 1.05 million foreclosures in 2010.

The country is on track to end the year with the lowest number of homes repossessed by

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Builder confidence in newly built, single-family homes is on the rise again.

The National Association of Home Builders/Wells Fargo Housing Market Index posted its fourth consecutive monthly gain in August, bringing it to its highest level in nearly eight years. The index gauges builders’ perceptions of single-family home sales, sales e

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“Good news in the housing sector bodes well for future economic growth,” according to Freddie Mac’s August 2013 U.S. economic and Housing Market Outlook report. 

Four years into the recovery, and lackluster economic growth persists. Housing continues to be one bright spot, providing a positive boost to the GDP in the second half of 2013, the

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Average fixed-rate mortgages remained mostly unchanged this week, after seesawing the past few weeks, Freddie Mac reports in its weekly mortgage market survey. 

Mortgage rates have fluctuated quite a bit the past few weeks as speculation grows that the Federal Reserve will taper its bond-buying program in September, which has been keeping

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Which U.S. cities are leading the nation's housing recovery? Realtor.com® has released its second quarter rankings based on indicators such as inventory, median list price, days on the market, and search and listing activity on its site. 

Despite its recent filing for bankruptcy, Detroit emerged as No. 7 on the list. The median list prices in

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Lenders seized 36,964 U.S. homes in July, 31 percent fewer than a year earlier, reports RealtyTrac. 

The firm calculates that foreclosures are on pace to reach almost 490,000 by the end of December, a total that will reflect a 27 percent decrease from 2012 and the lowest whole-year volume since 2007.  Home repossessions crested at 1.05

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Two women in Houston posing as a real estate agent and a home buyer conned sellers into leaving their homes for showings so the duo could rob their houses, according to police. One of the schemers was being held in police custody Tuesday, and the other was still at large. 

In one incident, the owners of a listed home were notified by their

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Even though renters insurance is relatively affordable, 65 percent of renters don't purchase coverage, according to the Insurance Information Institute. The average renters insurance plan costs about $16 a month, or less than $200 per year, according to the National Association of Insurance Commissioners. 

"It can be extremely expensive to

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Twenty-somethings show a strong desire to purchase a home, but they recognize that it may take much longer to achieve, says Gary Painter, director of research at the Lusk Center for Real Estate at the University of Southern California in Los Angeles.

"In the short term, many Millennials are held back from home ownership because of the need

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With fewer home owners refinancing their mortgages because of rising interest rates, banks may soon relax their lending standards to ramp up business, according to the Mortgage Bankers Association. 

Credit availability has risen 3 percent since May — when mortgage rates began to rise — according to an MBA survey. Refinances have fallen 59 per

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Home buyers once saw short sales as big bargains, but their appeal has fizzled in some parts of the country — so much so that some real estate professionals are advertising listings as "not a short sale" to attract more buyers.

"'Short sale' does have a stigma now," says Summer Greene, regional manager of Better Homes and Gardens Florida

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REALTOR® University Center for Real Estate Studies and the Asian Real Estate Association of America have partnered to study Asian-American home ownership and learn more about housing market preferences among Asian immigrant groups. 

The university, created by the National Association of REALTORS®, with work with the trade group to study how

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A home’s outdoor space will set the first impression to prospective home buyers. A recent Realty Times article by Lillian Montalto offers some of the following tips on ramping up the curb appeal of these outdoor spaces: 

  • Garage spaces: “Invest in trays, bins, shelving, and anything else that will organize the space,” Montalto writes. “Stow si
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Inventory levels are on the rise nationwide, which could soon mean the severe inventory shortages plaguing many markets the last few months may soon be nearing an end, according to the latest report from realtor.com®. As home prices rise, more sellers may be testing the market, helping to increase the options for home buyers. 

Realtor.com®

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Rising home prices and mortgage rates mixed with stagnant incomes may be putting home ownership more out of reach for the average home buyer, according to the latest affordability index from the National Association of Home Builders and Wells Fargo. 

The NAHB index shows that for the second quarter that 69.3 percent of all homes sold between April

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Rising home prices and mortgage rates mixed with stagnant incomes may be putting home ownership more out of reach for the average home buyer, according to the latest affordability index from the National Association of Home Builders and Wells Fargo. 

The NAHB index shows that for the second quarter that 69.3 percent of all homes sold between April

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Buyer demand is showing signs of softening in the housing market since peaking in April, according to a new report by real estate brokerage, Redfin. 

July showings were down 3.5 percent from June, according to the report. Still, showings were up 3.1 percent compared to year ago levels. 

With more homes for sale, buyers likely are deterred by

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While it's generally unusual for the bulk of a home's furnishings to convey as a condition of sale, ultra-luxury property agents say this kind of demand is popular among affluent overseas buyers who desire a fast and convenient transition to their U.S. digs.

One recent example involves the sale of the Tampa Bay, Fla., mansion of K-9

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Once you've graduated from college, how soon should you be out of your parents' house and living on your own? Well, the younger you are, the more time you're willing to give.

A new study by Coldwell Banker Real Estate finds that younger parents are more forgiving of their kids living at home post-college than older parents. Overall, 20

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New Orleans police say a man pretending to be a real estate agent conned at least four people into giving security deposits to rent out a property that was really for sale. 

One woman told police that she found an ad for the home as a rental on Craigslist and contacted the man, who told her he was a real estate agent. He allowed her to view

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Having millions of dollars in assets and a high credit score doesn’t necessarily guarantee you approval for a home loan, particularly if your income is still too low. Even the wealthy are reportedly having trouble qualifying for mortgages in this tight lending environment, U.S. News reports. 

"People with a lot of resources are usually OK getting

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Having millions of dollars in assets and a high credit score doesn’t necessarily guarantee you approval for a home loan, particularly if your income is still too low. Even the wealthy are reportedly having trouble qualifying for mortgages in this tight lending environment, U.S. News reports. 

"People with a lot of resources are usually OK getting

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Having millions of dollars in assets and a high credit score doesn’t necessarily guarantee you approval for a home loan, particularly if your income is still too low. Even the wealthy are reportedly having trouble qualifying for mortgages in this tight lending environment, U.S. News reports. 

"People with a lot of resources are usually OK getting

...

 

 

 

 

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