NAR: Home Prices Are Firming
A broad stabilization in second-quarter metro area home prices was accompanied by strong sales.
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Mortgage Volume Is Nearly Flat
Despite record low interest rates, applications rose just 0.3 percent last week compared to the prior week, according to the Mortgage Bankers Association.
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HUD Charges Couple With Fair Housing Violation
The Department of Housing and Urban Development says that a Chicago couple refused to sell a home listed for $1.799 million to an African-American couple because of their race. Two practitioners were also named in the filing.
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Banks Keep an Eye Out for Short-Sales Fraud
Short-sale fraud totals $310 million annually, with the average amount of fraud totaling $41,000 per transaction, according to CoreLogic.
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Vacant-Home Owners Should Assess Insurance
Sticking with a standard homeowners policy when a property is unoccupied could leave owners vulnerable to liability suits.
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Web Site Makes Buying, Selling Salvage Easier
DiggersList.com enables home remodelers to find and sell used construction materials, while supporting Habitat for Humanity.
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