Real Estate News

*What Do Low Prices and Mortgage Rates Mean for the Spring Home Buying Season?
Sixty-six percent of Real Living real estate agents believe this spring’s home buying and selling season will be more active than last year’s, according to a new national survey conducted by the company at its annual Momentum 2011 business conference last month.
The news comes at a time when the real estate market appears poised for a comeback: Home prices and mortgage rates are nearing record lows in most areas of the country.
*Cash buyers are becoming common. The number of homes bought with cash jumped to 32 percent in January compared with 26 percent a year earlier, according to the NATIONAL ASSOCIATION OF REALTORS®
*Why 2011 may be the end of the housing crash
There might finally be some good news this year about the nation’s dismal housing market. Or, at least, the bad news could stop.
*Only one in four got mortgage relief
Just one in four of the 2.7 million homeowners who sought to participate in the Obama administration’s signature mortgage assistance program have succeeded in getting their monthly payments reduced.
*California program offers rebates for making energy-efficient improvements
A new statewide program will give homeowners rebates worth up to $4,000 if they make significant energy-efficient improvements to their houses.
*6 Things That Turn Home Buyers Off (and What Sellers Can Do To Prevent It!
*An annual nationwide study reveals that 7% of Americans report spending more than 10 hours each week cooking outdoors during their “grilling season.”
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