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New Take on Real Estate

The National Association of REALTORS® (NAR) has been reaching out internationally for almost a year now through their official website and a new wave for the housing market has been achieved. International buyers are now accounting for $82.5 billion of residential purchases up 24 percent from 2011 being drawn in by lower prices and snatching up...

Speeding up Short Sales

Recently a bill was introduced to help expedite the short sale process by asking secondary lien holders make a decision within 45 days, if they fail to do so, the short sale will be approved on the 46th day. The National Association of Realtors (NAR) strongly supported the bill. Secondary lien holders have been holding up the process by trying...

SOLD to the Highest Bidder

The temperature is rising. The housing market is HOT! All across the United States inventory is diminishing daily and it has created home bidding wars. Now when a home is listed it’s receiving multiple offers within the first day to week and with a very limited inventory eager buyers become even more anxious to know if they had the winning...

Are Investors Saving Our Market?

Throughout the last ten years our housing market has been unpredictable to say the least but investors might be on to something. A recent article on Forbes noted that investors have been in heaven with all the foreclosures and short sales they are able to buy with cash and earn extra income – maybe it’s time to look at different outlets for...

Baby Boom Take Over

Baby and echo boomers are going to set fire to the current housing market over the next two decades. With over 60 million people born between 1981 and 1995 it is expected that the echo boomers will impact and shape the housing market for years to come. Only time will tell but with jaw-dropping prices only time will tell, for the full article...

Presidential Relief Plan

Today, President Obama announced his plan to revive the housing market. The White House is moving forward with providing mortgage assistance by putting money towards Veteran Affairs and FHA reducing their premiums. For the full article and more information, please follow this...

Cheaper by the Dozen

Fannie Mae recently piloted a bulk auction of over 2,500 homes which has helped investors get homes by the dozen. Prices continue to drop indicating even better news for investors across the nation and they are coming from all over to take part in a little piece of the pie. For the full article please follow this...

Settling on Foreclosures

For the last several years our market has felt the impact of foreclosures, but it looks like President Obama’s relief plan is finally being put into action. The Department of Justice announced last week that investigations into bank foreclosures will lead to helping approximately 1.8 million homeowners. It is going to have a significant impact...

2012 Off With a Bang

Still in the first month of 2012 and the market is heading in the right direction. Recent polls show that unemployment is starting to decrease, housing prices are low and mortgage rates are out of this world finally kick starting the economy to recovery. All of this comes as great news for the housing market, realtors, home buyers and sellers...

Abroad Investors

Affordable homes are throughout the world and we are seeing more investors from abroad. In a recent article on msnbc.com foreign buyers make up a good portion of our market. The amount they’re investing keeps rising yearly, in 2010 is was a little over $80 billion. While getting loans is still a difficult and lengthy process, foreign investors...

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