Fueled by an increase in bank repossessions, U.S. home foreclosure rate increased by 7 percent in July, according to the latest U.S. Foreclosure Market Report from RealtyTrac. Foreclosure filings were entered for a total of 124,910 properties nationwide—representing the highest number of filings in a single month since January 2013. Daren Blomquist, vice president of RealtyTrac, says the increase in foreclosures is not for newly distressed properties. He told RIS Media, “This clearing of old … [Read more...]
10 Clever Shortcuts to Simplify Your Move
August 18, 2015 by
When you move an entire household to a new location, it can be a major undertaking, even for the most organized among us. With so many things to do―from hiring a moving company to disconnecting old utilities and connecting new ones―it’s easy to get overwhelmed by the entire move process. If you find yourself up against this challenge in the coming months ahead, a new article from RISMedia’s Housecall offers 10 smart shortcuts that can help reduce stress when you move. One great timesaver is to … [Read more...]
4 Common Down Payment Misconceptions When Homebuying
August 12, 2015 by
Saving up a down payment of 20% before buying a home may be unnecessarily prolonging your time as a renter. According to Housing Wire, this idea is one of four common misconceptions potential homebuyers have about down payments. While that type of sizeable down payment used to be the standard for most conventional loans, there are a variety of other mortgage programs available today. Qualified homebuyers can even put down as little as 3% when buying a home. That’s good news for the average … [Read more...]
Top 9 Reasons Homes Could Sell for Less
August 6, 2015 by
In most markets, sellers are still calling the shots. However, according to the latest Case-Shiller index, home sales are beginning to slow. This is forcing sellers to be more realistic about the time it will take to sell their home as well as the price they can expect buyers to pay. If you’re looking to sell in this shifting market, a recent article from U.S. News & World Report may be able to help. The article identifies nine critical factors that could keep you from getting the price you … [Read more...]
