Higher home prices offset lower interest rates to reduce housing affordability in California during the fourth quarter of 2012. The Index is considered the most fundamental measure of housing well-being for home buyers in the state.
In a study conducted over 15 years, we found that children of homeowners fared better than children of renters.
Starting January 1, 2013, a new California law will protect homeowners who default on their refinance loans from personal liability for any deficiency following foreclosure.
Housing market confidence among Americans continues to trend in a positive direction despite stalling optimism about the economy and personal finances, according to results from Fannie Mae’s June 2012 National Housing Survey.
Despite widespread national asking price rises, rent increases outpaced price increases in 22 of the 25 largest rental markets, according to the Trulia Rent Monitor. Nationally, rents were 5.4-percent higher in June than they were a year ago.
Data in the June Housing Scorecard show some promising signs of stability, though the overall outlook remains mixed.
California Governor Jerry Brown signed into law today the Homeowner Bill of Rights to help struggling Californians keep their homes. This law aims to avoid foreclosure where possible to help stabilize California’s housing market and prevent the other negative effects of foreclosures on families, communities, and the economy.
The bedroom might not seem like a room that needs to be green, but there are ways you can both reduce your energy consumption and make the room a healthier and more environmentally friendly place to live.
More banks are offering home owners incentives to sell their houses in a short sale to prevent a costly foreclosure to the bank. In fact, some banks are offering struggling home owners as much as $35,000 to do a short sale, according to an article at CNNMoney.
Although certifications are necessary to officially designate a home “green,” anyone can make their home and their lives greener. A home’s individual green features are what make it environmentally friendly or “greener.”
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