Today’s Latest Updates

Short sales are increasing as a percentage of home sales in many states, helping some neighborhoods and homeowners avoid the more devastating impacts of foreclosures.

via usatoday.com

The fact that short sales are on the rise is a good indicator that the banks are finally getting on board for a better solution all the way around. One …

This Gorgeous Hobbs Estates Home Features…

3 Large Bedrooms
2 Full Bathrooms 
Gorgeous Hardwood Floors Throughout
Wood Burning Fireplace In Living Room
Remodeled Kitchen With Granite Counters and Stainless Steel Appliances
Dual Pane Windows
Central Heating & Air Conditioning Systems
2 Car Garage With Automatic Opener
Automatic Sprinklers In Front & Back Yards
1,426 Square Feet Of Living Space
7,020 Square Foot Lot
Home Has Been …

Some Rising Prices Don’t Make a Recovery

By Mike Colpitts

Rising home and condominium prices in isolated markets scattered across the U.S. rarely develop into a sudden real estate recovery, but …

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Mortgages rates keep falling: 30-year nears record low

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By Les Christie August 11, 2011: 3:17 PM ET

NEW YORK (CNNMoney) — Just when it seemed mortgage rates weren’t going to get any lower, they started testing new lows.

In the tumultuous days following Standard & Poor’s debt downgrades, rates on 30-year …