A recent survey by JZ Analytics revealed that a growing number of Americans feel homeowners should be able to strategically default on mortgages. A strategic default is when a homeowner, who has the financial resources to continue making their … [Read more...]
And again, NAR debunks the 3.8% tax myth
Once again again again, NAR has information debunking the “3.8% real estate tax” myth. This time it’s a video. As we keep telling you, there is no new real estate tax. Period. The Medicare tax that this is referring to… A) is … [Read more...]
Congress to decide fate of rural-area loan program — help support it
The USDA offers a no-down-payment loan for rural homes, but 17 areas of Virginia are set to be removed from the list of eligible locations unless Congress acts. The USDA Rural Development Single Family Housing Guaranteed Loan Program — … [Read more...]
Support Trudy Harsh of Fairfax in NAR’s Good Neighbor competition
Realtor® Trudy Harsh of Fairfax is one of the 10 finalists for NAR’s 2012 Good Neighbor awards — help her be one of the five winners. We told you about Trudy a few months ago — after her daughter developed (and later died from) … [Read more...]
Foot Traffic: Coronado Association of REALTORS® (San Diego, CA)
Foot traffic provides a strong indication of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Foot traffic in the area covered by the Coronado Association of REALTORS® (San Diego, CA) over the … [Read more...]
REALTORS® Report Constant or Higher Prices on Recent Transactions
Home prices continue to firm up as demand is reported to be increasing faster than supply. From the current survey, 69 percent of respondents to the REALTORS® Confidence Index reported constant prices, higher than July’s figure of 64 percent. About … [Read more...]
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