Home maintenance goes corporate
Feb 10th
Banking on the growing purchasing power and busy lifestyles of urban, dual-income families, a slew of firms are now offering to help them run their homes, attempting to bring a measure of professionalism to a largely unorganized sector. More >
Elderly residents bilked at mobile home park
Feb 3rd
For Georgina Johnson, a financially-struggling, recently-widowed senior citizen whose husband took care of all the maintenance issues at their home in Leisure Lake Mobile Home Park, a chance meeting with Tim Silva last October seemed like a “godsend.” More >
Obama extends mortgage help program
Jan 27th
The Obama administration is extending its home mortgage assistance program for a year, and expanding the number of homeowners who could be eligible for it.
“The administration is committed to a multi-pronged effort to support American homeowners to help heal our nation’s housing market,” said a statement from the Treasury Department. More >
Mortgage Applications Increased 23% Last Week
Jan 20th
Mortgage applications increased 23.1 percent from one week earlier (last week’s results included an adjustment for New Years Day), according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 13, 2012. More >
Consumer Mortgage Protections Sought
Jan 6th
In its first action under its new director, the Consumer Financial Protection Bureau (CFPB) is taking steps to supervise a big chunk of the mortgage industry and other nonbank financial business that had previously gone unregulated. The CFPB launched its “Nonbank Supervision Program” one day after President Obama used a controversial recess appointment to name Richard Cordray, a former Ohio State Attorney General, as the agency’s first director. More >
Property prices inch forward despite difficult conditions
Dec 30th
Household finances might be in the doldrums but property prices still managed to creep up by 1% in 2011, according to the latest figures from the Nationwide. The building society said that, while prices had dropped by 0.2% in December, over the year the value of the average house has risen to £165,798. More >
Mortgage Rates Again At Or Near Record Lows
Dec 16th
The average for 15-year, fixed-rate residential mortgages — a popular option for refinancing — hit another all-time low this week and 30-year, fixed-rate home loansmatched a record low.
More parents helping kids buy homes
Dec 9th
Hey, baby boomers! Pondering what gift to get your kid who’s all grown up? For many of your peers, the answer is a house.
Fed seeks solutions to Ga. real estate slump
Dec 2nd
A weak real estate market is acting as a major drag on the economy of the Southeast the president of the Atlanta Federal Reserve Bank, Dennis Lockhart said Friday during a conference to discuss solutions.
At the end of the daylong symposium of brokers, developers, lenders and academics, Fed officials wound up with plenty of ideas but no silver bullets. More >
Real estate group seeks recognition
Nov 18th
There’s more to the real estate industry than just listing and selling a home.
But that is, of course, the bottom line and the thing most people know about. Get the house listed, get it sold and move on. More >
