Blog Archives

Pending Home Sales Dip In June

After five consecutive months of increases, pending home sales slipped in June but remained near May’s level, which was the highest in over nine years, according to the National Association of REALTORS®. Modest gains in the Northeast and West were

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Top Five Government Policies Everyone Should Know Before Buying Their First Home

Hold onto your home for two years! If you sell after 24 months, you’ll be exempt from capital gains taxes up to $250K for a single person and $500K for a married couple. Your mortgage may not be as steep

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Quicken Loans Sues Justice Department and HUD

Quicken Loans, the nation’s largest Federal Housing Administration (FHA) mortgage lender, filed suit Friday in Federal District Court against the United States Department of Justice (DOJ) and Department of Housing and Urban Development (HUD). The company was left with no

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The Emergence of Millennials

Opinions on where real estate prices are heading from here might be mixed, but one thing is becoming increasingly clear: Millennials will be a big part of it. According to a recent survey from the National Association of REALTORS® (NAR),

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For Real Estate Success, Always Bring The Value

Today’s real estate agents have countless ways to get their faces and names in front of prospective buyers or sellers, from paid advertising to social media to community involvement and much, much more. Most of you craft some combination of

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Fannie Mae, Freddie Mac Regulator Defends 3% Down Payment Mortgages

(TNS)—The regulator for bailed-out housing finance giants Fannie Mae and Freddie Mac told lawmakers Tuesday that new programs to back mortgages with down payments as low as 3 percent had enough safeguards to make them as safe as loans with

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87% of U.S. Homes Qualify for Down Payment Help

RealtyTrac recently released a Down Payment Resource (DPR) on the availability of down payment programs across the country. Out of more than 78 million U.S. single family homes and condos, more than 68 million (87 percent) would qualify for a

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Turning a Lead into Two Transactions

When most real estate agents see that the lead they just received already owns a home they quickly categorize the lead as a long-term issue and don’t work the lead as well as we may think. As agents we are

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USHUD and Getting More Listings – Part IV

The easiest listings to get are from people who have to move. People that have to move fall into several different categories. Relocating Found a house they want Financial hardship Vacant homes Vacant Homes are Draining With vacant homes the

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