Wednesday, June 22, 2011

6 real estate headlines: 22-June

A daily dose of headlines for real estate agents, mortgage lenders, homebuyers and home sellers.

9 items homebuyers desire in 2011
: Today's homebuyers want it all. Some items on the shopping list: a home in great condition with rooms that can do double duty.
Behind the numbers: Drop in home resales
Wall Street Journal
: To be sure, unusually weak weather hurt sales. But housing's pain will persist until the employment market and housing prices stabilize.
Real estate sales stumble again in May
Inman News
: After slipping in April, existing-home sales fell again in May compared to the month before, according to the latest monthly report from the National Association of Realtors.

Q&A: Purchasing foreclosures
Baltimore Sun
: Buying a home is complicated. When it's a foreclosure, though, the questions really multiply.

3 myths about renovation loans
DC Urban Turf
: One of the biggest myths associated with renovation financing is that a home has to be in major disrepair in order to take advantage of it.

Home sales fall to 2011 low
Miami Herald: Declining home prices have kept people from selling their houses and moving to find jobs in growing areas. They have also made people feel less wealthy.

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