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Entries by Debbie Patella

New Home Sales Jump
Sales of new single-family houses in the United States is the strongest since March 2018.
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Thinking of Donating a House?
If you are thinking of donating a house we not only have the top benefits to you, but the steps to ensure you have a smooth home donation process.
 
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Foreclosures at lowest level since 2005
Foreclosures are seeing the lowest level since 2005.
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The Safest Affordable Metro Areas are........
The places that made their affordable safe harbor ranking are a mix of smaller metros that never really struggled with high crime, and cities once riddled with problems that have successfully pulled off a turnaround.
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D.I.Y. Loved by Homeowners
Homeowners are more likely to tackle a DIY remodel than hire a professional according to the National Association of Realtors®’ 2019 Remodeling Impact Report: DIY.
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Median Homeowner Costs Across The US
Check out the map on Median Home-ownership costs and see the median costs for your state and then check out the surrounding states.
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Man Ordered to Rebuild Home
A man who tried to pull a fast one on the planning commission and demolished a historic home is ordered to rebuild it "just as it was".
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A Balanced Outlook for Housing in 2019
The housing market should see stability in 2019 as a moderation in higher home prices combined with continued strength in the labor market according to Fannie Mae.
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9 out 10 Millennial Renters Want to Purchase a Home
The millennial home-ownership rate continues to lag behind that of previous generations at a similar age.  However, a new study shows that almost 90% would prefer to own rather than rent.
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Conventional Loan Amount Limits will Increase in 2019
The maximum conforming loan limit for mortgages being acquired by Fannie Mae and Freddie Mac will be going up in most parts of the country in 2019.
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No Appraisal, No Problem
Fewer loans that use real estate as collateral will need an appraisal under a new proposal.
 
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More and More Luxury Homes Utilizing Auctions
The number of multi-million-dollar homes being sold at auction has nearly doubled in the past year, according to real estate analysts and auction companies.
 
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Home Mortgage Delinquencies Remain Very Low
The healthy economy is overall supporting low mortgage delinquencies and foreclosure inventories.
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The "Stork" Often Delivers More than a Baby
A recent study found that families with newborns are moving to lower-cost housing to get more house for their money.
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Consumers' House Buying Power Under Pressure
Consumers are still in a strong position to purchase a home but are getting squeezed on just how much home they can afford.
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Gold Canyon Mortgage Blog