Home Prices Reach Highest Point Since 2006

Day: September 9, 2012

Home Prices Reach Highest Point Since 2006

Earlier this week CoreLogic reported that year over year home prices rose to the highest point since August 2006 – 3.8%. On top of that, July marked the fifth straight month over month increase. CoreLogic chief economist, Mark Fleming, indicated that this growth is likely to result in price gains for the rest of the year….  Continue Reading

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My Life in Real Estate – Live Action Short Sale

My Life in Real Estate – Live Action Short Sale

In this short video I am just leaving a house that my Freedom Team and I will be doing a short sale on. It’s in an affluent neighborhood, the owners owe $550,000 on the house and have a lien on it for $200,000. The house is worth about $350,000-$400,000. Watch to find out how our…  Continue Reading

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County Prosecutor Sues Freddie Mac

 In northeast Ohio, the office of Cuyahoga county (which contains Cleveland) prosecutor Bill Mason is suing Freddie Mac and the Federal Housing Finance Agency for $1.1 million in unpaid real estate transfer taxes. This is one of eight identical suits filed across the country. Mason claims in court documents that, “Freddie Mac’s failure to pay the…  Continue Reading

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Homes Just Hitting the Market Selling Faster

 This week the National Association of Realtors announced that the average amount of time a home is on the market has gone from 98 days at this time last year to just 69 days. In fact, one third of the houses on entering the market sold in less than a month. The trend reflects increased buyer…  Continue Reading

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