November marked the fifth consecutive month of year-over-year improvement with an 8 percent increase statewide in existing home sales when compared to the previous year.
Tagged with: North Carolina Association of RealtorsRead More »
People buy all kinds of things on the Internet. Cars, TVs, computers, clothes and even groceries get sold at various online retailers. But if you’re thinking of buying your house solely on the web, several Charlotte-area Realtors say – not so fast.Read More »
In 2009, about two years after the real estate market started its collapse, a new federal law took effect. The federal Home Valuation Code of Conduct was created to reduce conflicts of interest in the process of appraising homes. Real estate agents and brokers were no longer allowed to order appraisals. Lenders were now in control of doing that, and demand for appraisal-management companies shot up.Read More »
California's attorney general filed lawsuits against mortgage giants Fannie Mae and Freddie Mac last week, demanding that the companies that own some 60 percent of the state's mortgages respond to questions in a state investigation.Read More »
A new year offers a blank slate, an opportunity for a fresh vision and a time to reflect on the accomplishments and struggles of the previous year. As we head into 2012, The Mecklenburg Times wants to know what our real estate industry readers have to say about 2011 and what you expect from the new year.Read More »
WASHINGTON – Who is paying for the two-month extension of the payroll tax cut working its way through Congress? The cost is being dropped in the laps of most people who buy homes or refinance beginning next year.Read More »
WASHINGTON – Congressional investigators said this week that four House members received VIP discounted loans from the former Countrywide Financial Corp., the lender whose subprime mortgages were largely responsible for the nation's foreclosure crisis.Read More »