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Real Estate Trends 2010

Repossessions Rise as Defaults Drop

by Tayeb Realty GroupSeptember 18, 2010 Foreclosures

Lenders repossessed more homes in August than they have since the beginning of the housing crisis even as the number of properties entering the foreclosure process declined for the seventh month in a row, according to foreclosure listing firm RealtyTrac Inc. Banks have increased foreclosures to clear out their inventories of bad loans, but despite [...]

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J.D. Powers: Builder Customer Satisfaction Up

by John TayebSeptember 17, 2010 commercial real estate

Customer satisfaction improved for the third straight year and construction quality reached a record high in the J.D. Power and Associates 2010 U.S. New-Home builder Customer Satisfaction Study released Wednesday. Here are the highest ranked builders in overall customer satisfaction in each of the 17 markets surveyed: · Atlanta, John Wieland Homes and Neighborhoods · [...]

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Most Large Metros See Economic Improvement

by Tayeb Realty GroupSeptember 17, 2010 commercial real estate

A quarterly report released Wednesday by Brookings Institute’s Metropolitan Policy Program listed the top 20 strongest performing metropolitan areas. Most of these cities experienced an increase in manufacturing jobs and only modest declines in home prices. “While most large metropolitan areas saw growth in output and jobs in the second quarter, it’s far too early [...]

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70 Percent Say Buying Now is Good

by John TayebSeptember 17, 2010 Foreclosures

A survey by Fannie Mae shows that 70 percent of Americans believe it is a good time to buy a home. That is up from 64 percent in January 2010. Still, 33 percent–up from 30 percent in January–say they’ll rent next time around. About 67 percent believe housing is a safe investment, down from 83 [...]

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10 Reasons to Buy a Home

by Tayeb Realty GroupSeptember 16, 2010 Foreclosures

Time magazine is being overly pessimistic in its recent cover piece that called into question the benefits of homeownership. In fact, now is a great time to buy. And, what’s more, tomorrow will be a great time to own, because the fundamental strength of homeownership hasn’t changed. Why is now a great time to buy? [...]

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Amazing House That Offers the Maximum Life Quality by A-cero

by John TayebSeptember 15, 2010 home improvement

A-cero architecture studio is presenting a house that A-cero recently finished in “La Finca” estate in the town Pozuelo de Alarcón (Madrid). This project is smaller (1000m2) than the rest buildings of this housing development. Its smaller dimensions turn it into a comfortable and practical house that invites to enjoy it and offers the maximum [...]

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Fannie and Freddie May Not Survive Overhaul

by Tayeb Realty GroupSeptember 15, 2010 commercial real estate

A top Treasury official will announce Wednesday that mortgage giants Fannie Mae and Freddie Mac won’t survive a revamp of the U.S. housing finance system in their current form. “Private gains will no longer be subsidized by public losses, capital and underwriting standards will be appropriate, consumer protection will be strengthened and excessive risk-taking will [...]

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Study: Shady Short Sales on the Rise

by John TayebSeptember 14, 2010 Foreclosures

Fraudulent short sales are threatening the viability of this refuge for struggling home owners. A recent study by financial consulting firm CoreLogic says one common practice is for a real estate salesperson representing the seller to negotiate with the lender to obtain approval for a low selling price. Then the property is sold to a [...]

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10 Tips to Make a Small Bedroom Feel Larger

by John TayebSeptember 13, 2010 home improvement

Your bedroom is the one room in the house that should feel like no other.  Relaxation and unwinding from a stressful day should be a regular occurrence in your bedroom What if you feel like your bedroom is too small to feel relaxed in?  The size of your bedroom has you puzzled as to decorating, [...]

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Expert Proposes Rewarding Good Borrowers

by Tayeb Realty GroupSeptember 13, 2010 Foreclosures

At least one mortgage financing expert thinks that the government ought to consider rewarding people who are in financially sound shape and who want to continue to pay their underwater mortgages on time. Keith Gumbinger, a vice president at the HSH Associates mortgage-consulting firm, told Fortune magazine that he wants the federal government to issue [...]

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