Real Estate

5 Steps to Finishing an Attic

This Old House - 5 hours 25 min ago
This Old House's Two-Minute Expert explains what goes into creating a bonus room under the rafters
Categories: Real Estate

Best Makeovers for Ugliest Wallpaper 2014

This Old House - 5 hours 25 min ago
These finalists in our annual Search for America's Best Remodel Contest share some impressively appalling paper from their projects
Categories: Real Estate

Housing Starts Solidly Above Million Mark

Daily Real Estate News - Mon, 2014-10-20 00:00

The breaking of ground on new homes and apartments surpassed the one-million mark for the third time this year.

Categories: Real Estate

Fannie, Freddie to Loosen Up on Lending

Daily Real Estate News - Mon, 2014-10-20 00:00

The mortgage giants are reportedly near a deal that will loosen lending standards and make mortgages more affordable for those with less-than-...

Categories: Real Estate

1 in 3 Homes Is a Rental

Daily Real Estate News - Mon, 2014-10-20 00:00

The latest American Housing Survey finds 65 percent of all units were occupied by owners in 2011, while 35 percent were occupied by renters.

Categories: Real Estate

Fast-Moving Markets' Demographic Secret?

Daily Real Estate News - Mon, 2014-10-20 00:00

A new analysis shows that the 12 major metro areas where homes are still selling quickly have large populations of Baby Boomers and engineers.

Categories: Real Estate

The Commercial Market's Hot Sector

Daily Real Estate News - Mon, 2014-10-20 00:00

Developers are scouring the nation looking for new sites for warehouses to meet the latest surge in demand.

Categories: Real Estate

Just One Insurance Claim Can Prove Costly

Daily Real Estate News - Mon, 2014-10-20 00:00

In some states, all it takes is just one claim to a home owner’s property insurance to see premiums soar by hundreds of dollars.

Categories: Real Estate

House Panel Approves Internet Tax Moratorium

Home Ownership Matters - Sat, 2014-10-18 04:50

On June 19, 2014, the House Judiciary Committee approved H.R. 3086, the Permanent Internet Tax Freedom Act, by a vote of 30-4.

The bill would extend permanently the current moratorium on Internet access taxes, which expires on November 1, and also prohibit multiple or discriminatory taxation of e-commerce.

House Judiciary Committee Chairman Robert Goodlatte (R-VA) indicated this week that the full House is likely to vote on H.R. 3086 during July.  However, there is pressure from proponents of The Marketplace Fairness Act (MFA) to add that bill to the Internet Tax Freedom... Read More

Categories: Real Estate

FHA 203k Program for Flood Mitigation

Home Ownership Matters - Sat, 2014-10-18 04:50

On June 24, the FHA responded to a request from NAR and other groups, regarding the use of the 203k rehabilitation/renovation loan program for flood mitigation.  In the letter, dated February 6, 2014, NAR and the coalition asked FHA to confirm the eligibility of the Federal Housing Administration's FHA Section 203k program for the rehabilitation of homes that have not been damaged in a flood, but are at risk of damage from future flood events.  The 203k has been used in flooded areas to rebuild homes, and the coalition wanted assurance that the program could be used for... Read More

Categories: Real Estate

NAR on Rural Access to Credit

Home Ownership Matters - Sat, 2014-10-18 04:50

NAR submitted a statement last week to the House Agriculture Subcommittee on Livestock, Rural Development, and Credit to their hearing entitled, "A Review of Credit Availability in Rural America."  In the statement, NAR stressed the importance of access to credit for all homebuyers, and described the specific challenges for rural communities.  The statement also urged three changes to expand access to credit:  1) update the definition of "rural", which hasn't been changed since 1974; 2) allow the Rural Housing Service (RHS) to utilize direct... Read More

Categories: Real Estate

Mortgage Debt Forgiveness: It’s All About Fairness

Home Ownership Matters - Sat, 2014-10-18 04:50

In his latest video, NAR President Steve Brown explains why NAR supports an extension on mortgage debt cancellation relief. Take a look.

Categories: Real Estate

15 Easy Halloween Decorating How-Tos

This Old House - Sat, 2014-10-18 02:05
Get ready for trick-or-treaters with these simple projects for spooking up your home
Categories: Real Estate

Readers' Best Tips for Scoring Items on Craigslist

This Old House - Sat, 2014-10-18 02:05
When it comes to shopping online for a renovation, Craigslist is often the place TOH readers hit up first
Categories: Real Estate

NAR Meets With FAA on UAVs

Home Ownership Matters - Fri, 2014-10-17 13:29

NAR recently met with Federal Aviation Administration (FAA) officials to discuss NAR's concerns and perspectives regarding the upcoming proposed rulemaking to regulate small Unmanned Aerial Vehicles (UAVs).   NAR encouraged the FAA to expedite this proposed rulemaking and quickly develop a regulatory framework for commercial use of UAV technology that addresses public safety and privacy concerns, but permits a commercial UAV industry to flourish and allows Realtors to safely use the technology if they choose to do so.  FAA officials stated that they were moving forward... Read More

Categories: Real Estate

NAR Supports Efforts To Improve Credit Liquidity

Home Ownership Matters - Fri, 2014-10-17 13:29

On Oct. 13, 2014, NAR submitted comments on the Federal Housing Finance Agencies proposal to create a Single Security that could be guaranteed by either Fannie Mae or Freddie Mac (the government-sponsored enterprises or GSEs).  The multi-year development of a single GSE mortgage backed security (Single Security) is part of the development of the common secondary mortgage market securitization platform being developed by FHFA and the GSEs.  NAR has supported the development of the securitization structure, which functions like a utility, since last year.  Having a single GSE... Read More

Categories: Real Estate

FY 2015 Rural Housing Funds

Home Ownership Matters - Fri, 2014-10-17 13:29

Funding for Rural Development’s Single Family Housing Guaranteed Loan program is now available for fiscal year (FY) 2015.  The funding received is based on a Continuing Appropriations Resolution, 2015 (P.L. 113-164, H.J. RES.124).

Loans that were issued Conditional Commitments “subject to” commitment authority will be obligated on the Agency’s Guaranteed Loan System (GLS).

If the loan has closed, the lender may submit their request for Loan Note Guarantee... Read More

Categories: Real Estate

FHA Letter on Note Sales

Home Ownership Matters - Fri, 2014-10-17 13:29

On Oct. 16, 2014, President Steve Brown sent a letter to FHA Commissioner Carol Galante in response to member concerns about the Single Family Note Sales Program (SFLS).  Many REALTORS® are concerned that the program is auctioning large pools of mortgages to the highest bidder, in some cases without considering the investor’s ability to achieve homeownership preservation and affordable housing goals.  NAR provided recommendations to improve FHA’s pre-foreclosure sales process as well as place additional controls on the SFLS program to prioritize keeping owner-... Read More

Categories: Real Estate

House Passes Flood Insurance With Amendments

Home Ownership Matters - Fri, 2014-10-17 13:29

On March 4, 2014, the House voted 306-91 to approve the Homeowner Flood Insurance Affordability Act (H.R. 3370) with amendments. The House amendments further rein in and hold the Federal Emergency Management Agency (FEMA) accountable for the Biggert-Waters implementation issues. As passed, the bill would repeal FEMA’s authority to increase premium rates at time of sale or new flood map, and refunds the excessive premium to those who bought a property before FEMA warned them of the rate increase. It also limits any premium increase to 18% annually and adds a small assessment on... Read More

Categories: Real Estate

Readers' Clever Upgrade Ideas That Wowed Us IV

This Old House - Fri, 2014-10-17 02:05
Leave it to TOH readers to school us on jaw-dropping remodel ideas
Categories: Real Estate

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