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Real Estate Trends 2010

Buyers Show Growing Interest in Tiny Houses

by Tayeb Realty GroupNovember 30, 2010 Home Decor Ideas

The tightly built, tiny home is one small segment — no pun intended — of real estate sales that is doing relatively well. For instance, the Tumbleweed Tiny House Co., which designs and builds homes that are less than 500 square feet, has gone from selling 10 blueprints to 50 blueprints a year. The Tiny [...]

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10 Tips to Stage your Home like a Professional

by John TayebNovember 25, 2010 Home Decor Ideas

When you are trying to sell your home, any edge that you can get over your competition is a plus! It is a home buyers market out there, and if your home has the slightest reason for a buyer to be turned away, you just lost a potential sale.  Home staging is about making your [...]

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Diverse Three Room Apartment with Welcoming Interior Design

by Tayeb Realty GroupNovember 25, 2010 Home Decor Ideas

Today we would like to showcase a charming apartment with various interior design elements that should serve as inspiration. This atypical crib has three rooms and is located in Gothenburg, Sweden. The living room is the heart of the apartment and features several options for seating. There is space for both sofa, TV table, bookcase [...]

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Mortgage Rates Back on the Rise

by Tayeb Realty GroupNovember 23, 2010 commercial real estate

Rates for 30-year fixed mortgages rose to 4.39 percent this week from 4.17 percent a week ago, and average interest on 15-year loans moved to 3.76 percent from 3.57 percent, said Freddie Mac. Interest for five-year adjustable-rate mortgages jumped to 3.4 percent from 3.25 percent, meanwhile, and one-year ARMs held at 3.26 percent. Rates have [...]

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Frank: Single Entity for Loan Assistance

by Tayeb Realty GroupNovember 22, 2010 Foreclosures

Home owners behind in their mortgage payments shouldn’t think that investigations into lender paperwork flaws will bail them out of their financial troubles, U.S. Rep Barney Frank, a Massachusetts Democrat, said Thursday during a House Financial Services subcommittee hearing. Frank, who is losing his seat as chair of the committee, is pushing for establishing a [...]

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Mortgage Bankers: Foreclosures Are Falling

by John TayebNovember 22, 2010 Foreclosures

Fewer homes are falling into foreclosure, the Mortgage Bankers Association reported Thursday. The percentage of homes that entered some stage of foreclosure in the third quarter fell to 13.52 percent compared to 14.42 percent in the second quarter in part because of state and federal investigations into procedural errors, the bankers said. Mortgages more than [...]

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Home Maintenance Must-Dos

by John TayebNovember 11, 2010 Home Decor Ideas

First-time buyers often don’t know much about home maintenance. You can help by giving them a maintenance schedule that’ll prevent small problems from turning into big headaches. Our maintenance checklist was compiled with the help of Lou Manfredini, Ace Hardware’s home improvement spokesperson and star of the “Mr. Fix-It” show on Chicago’s WGN-AM radio, and [...]

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Mortgage Applications Rise

by Tayeb Realty GroupNovember 11, 2010 Foreclosures

Applications to purchase homes rose 5.5 percent last week compared to the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association weekly survey. On an unadjusted basis, purchases increased 3.1 compared over the previous week. This was the third consecutive week that purchase applications rose. They are at the highest level [...]

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How to Buy Leather Furniture for your Home

by Tayeb Realty GroupNovember 9, 2010 home improvement

When choosing furniture you would like to know that what you buy will last and be quality made. Leather furniture comes in different varieties, styles, and qualities. Many imitations or faux leather is also made. Depending on your budget and lifestyle you can determine what type of leather furniture is best for your home. Here [...]

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30-Year Mortgage Rates Inch Up

by John TayebNovember 8, 2010 Housing Market News Update

Freddie Mac confirms that average interest for 30-year fixed mortgages rose for the third consecutive week, bumping up to 4.24 percent from 4.23 percent a week ago. The average 15-year rate for the week ended Nov. 4 was 3.63 percent, a drop from 3.66 percent. Scott Brown, chief economist at Raymond James & Associates Inc., [...]

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