Housing News

Agents and short sale sellers, beware of deficiency balances

(Housing News) Deficiency balances are not always perfectly understood, and they present significant challenges during the short sale process, so let's discuss them today.

Home prices up 11.8 percent in the last 12 months

(Housing News) Although not improving at a dramatic pace, home prices are inching up, rising 11.8 percent in November compared to the previous November.

The seven habits of highly effective short sale agents

(Housing News) Short sale agents have different tasks than a traditional agent, and the path to success looks quite different; these are seven habits effective short sale agents typically have.

Builder confidence in the new home sector improves in December

(Housing News) Builder confidence in sales, traffic, and future expectation rose in December to 58, meaning over half of the industry's insiders are confident in the market.

How real estate agents can spot when it is time to change and adapt

(Real Estate) Real estate agents are often asked how they survive the slow season, but the truth is that there is no such thing as a slow season if an agent has adapted, but how can that pivotal moment be spotted?

Mel Watt confirmed as new FHFA head despite controversies

(Housing News) Once thought an impossibility, the controversial Mel Watt has been confirmed as the next head of the FHFA, which some say is due to new Senate rules.

No tax penalty for California short sales, what about other states?

(Housing News) Although the Mortgage Debt Relief Act of 2007 ends next year, California homeowners will not face tax penalties for short selling - is this true for other states?

Foreclosures decrease 30 percent in the last year

(Housing News) Foreclosures continue to decrease as the long road to housing recovery is under way, which is promising news for homeowners and the economy.