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In an effort to aid struggling homeowners avoid foreclosure, JPMorgan Chase & Co and Wells Fargo & Co., are offering short-sale incentives to qualified homeowners. They aren't releasing many of the details; however the buzz throughout Florida is that defaulting homeowners have received between $10,0 [Read More]

For the first time in 8 month, home prices in major cities across the US have shown an incline during the spring months, according to Standard & Poor's/Case-Shiller home price index.April's report showed a rise in 13 of the 20 cities that were tracked with Washington D.C in the lead, followed by San [Read More]

Short Sale...the term makes many lenders and real estate professionals cringe. However, there are many success stories that started off with that term.A short sale is, in short, a way out of foreclosure. When a lender will accept less money for your home than what you owe, it is considered a short s [Read More]

Rising 0.8% in a monthly comparison, Aprils home prices saw an incline for the first time in over a year, according to the Federal Housing Finance Agency (FHFA). The FHFA Monthly Index is calculated by using the purchase price of homes that are either sold to or guaranteed by mortgage giant, Freddie [Read More]

Across the nation, the rate of foreclosures has dropped in an annual comparison. This is due, in part, to the huge backlog of foreclosures in the court system, especially in states where the courts must review each foreclosure.In New York alone, LPS Applied Analytics, a real estate data firm, estima [Read More]

During the next decade the population across the nation is expected to increase by 8.9% (27.7 million) people, according to ProximityOne, a demographic resource firm.The data collected by ProximityOne has determined which counties are expected to get the largest population boosts with the highest pe [Read More]

The homebuilders in east Texas are sending a message, "Stop listening to the national reports about construction jobs and new building rates, both areas are strong in Texas."They may have slowed down like the rest of the country, but according to Mike Hineman, owner of Dream Homes in Lufkin, unlike [Read More]

Mortgage rates on a 30-year fixed rate mortgage rose slightly this week after a continuous drop for the last two months, according to Freddie Mac. Rates rose from 4.49% to 4.50% in a weekly comparison; however the low mortgage rates have just not been enough to help the struggling real estate market [Read More]

In Florida, it's the apartment sector that is fueling the new-home construction. According to the Commerce Department, new-home construction rose 3.5% in a monthly comparison.Housing permits rose 8.7% last month, marking the highest level seen since December of 2010. The rise in permits is an indica [Read More]

A Foreclosure Auction has been scheduled for the golf development, Rarity Pointe in Lenior City, Tennessee for 10:00 a.m. on July 1, 2011 at the Loudon County Courthouse. According to Lewis Howard Jr., attorney from Knoxville, 294 lost have been sold over the years and the upcoming auction is lookin [Read More]