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What Slower Home Price Gains Mean to New Homebuyers

August 13, 2014

Recent reports by Standard & Poor’s/Case-Shiller and the National Association of Realtors (NAR) show slower home price gains in 18 out of 20 major U.S. metro areas during the second quarter. This could cause worry for some sellers, yet it is a sign of a more sustainable real estate market after last summer’s bump in […]

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These Are the Best Housing Markets for Millennials

August 06, 2014

A few years ago, college graduates flocked to the coasts, starting their careers and taking up residence in New York, San Francisco, or Los Angeles. Today, that narrative is changing, and other cities are attracting millennial homebuyers— not to the edges of the country, but to the middle of it. According to new research from […]

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3 Tips for Atlanta Homeowners with Underwater Mortgages

June 26, 2014

According to a new report from CoreLogic, almost 1 in 5 Atlanta homeowners owe more money on their mortgage than their home is worth. Underwater mortgages are a hard reality for many homeowners, but a particularly high percentage of Atlanta residents face an economic loss if they sell their home now. Since 19.5% of homeowners in […]

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Mortgage Delinquencies Drop to 2007-Levels in Ohio

June 23, 2014

Homeowners in Ohio have felt the effects of the housing recovery for years, but it’s never been quite so apparent as it is now. According to the latest reports, delinquencies—homeowners who are at least one month behind on their monthly mortgage payments—are at the lowest they’ve been since 2007. The percentage has dropped tremendously even […]

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Phoenix Underwater Mortgages Continue to Decrease

June 03, 2014

For awhile, underwater mortgages were the norm in Phoenix. At the end of 2011, 60% of all mortgage holders throughout the metropolitan area owed more than their homes were worth. The recession had hit the Phoenix housing market particularly hard, but the recovery has been about as remarkable. Zillow revealed that in the following two […]

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30-Year Fixed Mortgage Rates Dip Below 4%

May 29, 2014

Anyone who keeps close tabs on mortgage rates noticed something surprising in recent days: 30-year rates dipped below 4.0% for the first time in months. Interest rates have dropped steadily over the past five weeks, and the current numbers hearken back to the lows of 2013. There’s no indication in the market that 30-year loans […]

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Why You Should Consider Refinancing with HARP in Denver

May 28, 2014

Foreclosure rates have increased in recent months in Denver, according to RealtyTrac. Foreclosure filings increased 2.7% from March to April 2014—and were up 21.2% compared to April 2013. Market analysts have been quick to note the actual numbers remain significantly lower than in the most difficult years of the recession, but these statistics reveal that […]

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