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Recent Posts
- Our 150th Post: Ohio Supreme Court Holds Appeal of Planning Commission Order by Service of Summons by Clerk of the Courts on Administrative Agency Along with Notice of Appeal within Statutory Timeframe is Sufficient
- Federal Reserve chief has one recipe for housing market
- Distressed Property Sales Drop, Despite Push to Sell
- American home equity cut by one-third
- More lawmakers join major push to reduce QRM down payment
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Category Archives: Real Estate Market
American home equity cut by one-third
The head of global securitized products research at Citi Global Markets said that home equity held by American households is down from 60% to 39%. Mary Kane, speaking at an American Securitization Forum session about consumer trends and the state of the housing market, … Continue reading
This housing crisis is NOT the Great Depression
The subject line of one email HousingWire received Tuesday from the Toronto-based firm read: “US Housing Market Monthly – Worse than the Great Depression.” Coverage on CNBC, later aggregated by the Drudge Report, stated “the housing crisis that began in … Continue reading
The 10 most affordable U.S. home markets
The Home Listing Report considers average listing prices of four-bedroom, two-bathroom homes on ColdwellBanker.com. The report looked at 2,300 markets in North America, analyzing properties listed between September 2010 and March 2011. Some of the most affordable markets in the … Continue reading
Who do you want to control your Estate?
When you use a Will to pass your property, the probate system takes control over all of your assets. This means that the court system, not your family or heirs, is in charge of your assets until they are distributed (an average … Continue reading
IRS Scrutinizes Gifts of Real Estate
A court document with the IRS filing described efforts by Josephine Bonaffini, the coordinator of an IRS state and federal gift-and-estate tax program, to find people who haven’t filed Form 709 to report U.S. gift and generation-skipping transfer taxes to … Continue reading
Pending Home Sales Reach New Low as a Result of Unpredictable Circumstances
Pending sales of existing homes plummeted in April by 11.6%, reaching a seven month low after two consecutive months of increases. Pending home sales typically led existing home sales by a month or two and appear to be down in … Continue reading
Housing Policy & Data: An Update
Rates for 30-year fixed-rate conventional mortgages dropped another basis point to 4.60% last week, continuing the record lows in 2011
Is Your Real Estate Blogging in Violation of State Law?
Today we have so much more. Consumers have instant property information about property taxes, maps, interior and exterior home photos, videos, podcasts, PDF flyers, brochures, plats and even maps to the home. They can send a link to their friend’s … Continue reading
Posted in Real Estate Market
Tagged intellectual property law, law firm, property management, title law
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More than 500 cities see more homes become rentals
Almost 4 million homes have been lost to foreclosures in the past five years, turning many former owner-occupied homes into rentals. The shift to rental housing is potentially long-lasting and portends changes for neighborhood stability and how people build wealth, … Continue reading
Home Values Continue to Drop: An Update
Home values sank 3% in the first quarter resulting in a total drop of 8.7% over the past 12 months. Falling prices are prompting many economists to scale back estimates of when the housing market will hit bottom. The continued … Continue reading
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