Empty nesters and downsizers may find that retirement accounts and credit ratings don't satisfy lenders.
"Mortgage quality is improving rapidly," says one economist. "Once we're able to work through this last bulge of foreclosed property ... mortgage credit quality is going to look absolutely beautiful."
Mortgage giants Fannie Mae and Freddie Mac will begin next year to purchase only loans that meet new "qualified mortgage" requirements, the Federal Housing Finance Agency announced Monday.
Investors and all-cash buyers represent a significant share of the housing market. But as home prices rise, what happens when these buyers vanish from the market -- who will step up?
Have you ever had a negative experience with the other party in a real estate transaction? If so, how did you handle it?
Pending legislation to even the tax-collection playing field between Internet retailers and bricks-and-mortar retailers is an important issue for commercial real estate professionals, because their clients face a disadvantage against out-of-state Internet retailers on tax collection.
Staging — coupled with remodeling — are important considerations in a home selling strategy and an investment in getting top dollar for a home.
Real estate agents and brokers can now be fined for showing homes that are not up to code. "We have to hold them accountable too," says the New York City building commissioner.
The HSF Affiliates brand announced that it will begin selling new franchises once again this year.
McGraw Hill Construction says 20 percent of homes built last year were green, and that figure is slated to rise to between 29 percent and 38 percent by 2016.