The November NAHB/Wells Fargo Housing Market Index rose four points to a level of 58 as builders continue to see promise in home selling. This marks the fifth consecutive month for the index to remain above the tipping point of 50 after a slow beginning to the year. Builders are reflecting...
Existing home sales and home prices are expected to rise next year, according to an economic forecast presented by Lawrence Yun, chief economist for the National Association of REALTORS, and Mel Watt, director of the Federal Housing Finance Agency at a residential real estate forum held during the 2014 REALTORS...
MCT-Home loans are about to go on the discount rack for first-time buyers willing to spend a few hours learning the ropes of homeownership, from applying for a mortgage to choosing a contractor for a kitchen remodel. The Homeowners Armed with Knowledge program, or HAWK, was announced by the Federal Housing...
We all know that when a person has a poor credit profile, he or she is less likely to buy a home. Many consumers remain without access to affordable credit and more importantly, no access to the American Dream of homeownership. We continue to witness people's hard work being wasted...
This well cared for five bedroom, two bath home in a convenient Moundsview location has beautiful natural light throughout. This home features an amazing pinewood sunroom, which is great for entertaining. There is a spacious dining room that opens up to a good-sized living room with vaulted ceilings. This home...
People with poor credit profiles are less likely to buy a home, but the newest credit scoring model from the Fair Isaac Corporation (FICO), FICO09, may change all that. One of the most important changes in the new models is an unprecedented shift in the treatment of a collection account...
Home Flipping Report: Fewer Homes, Lower Returns. Is the flipping party coming to a close? A report on home flipping that suggests the number of properties being bought and sold again within a 12-month period is in steady decline. Payoff per flip also is down. RealtyTrac said there were...
Report: "Don't Blame Student Loans." Housing watchers and economists who point to student debts as a factor in the slouching number of first-time homebuyers may have to recalibrate their calculators: New numbers from RealtyTrac say it just isn't so. The data company has determined that in 96 percent of the nation's...
A pick-up in the economy is expected to help propel the housing market forward with an increase in household formation and a stronger recovery, according to Freddie Mac's Economic and Housing Market Outlook. "We are getting closer to a more normalized economy, and now we are expecting to see housing driven...
[caption id="attachment_229" align="alignright" width="300"] Main level family room with wood burning fireplace[/caption] [caption id="attachment_230" align="alignright" width="300"] Lower level game room with ceramic floor and wet bar.[/caption] [caption id="attachment_228" align="alignright" width="300"] Main level kitchen[/caption] [caption id="attachment_234" align="alignright" width="300"] Huge corner lot[/caption] For Sale in West Bloomington-Large 4 Bedroom Rambler. This home is for sale by...