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Segments For February 21st 2015


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    THE NATIONAL ASSOCIATION OF REALTORS®
    HouseLogic.com
    REALTOR®.com
    VA.gov

    Top News Of The Week

    - Foreign Investment Flocks to Chicago
    - Renters Enter the Majority in Big Cities
    - Best Real Estate Markets for 2015
    - Castro Defends Drops in Mortgage Insurance Rates
    - Homeowners Don’t Know Their Mortgage Interest Rate
    - Watt: 3% Down Payment Loans are Safe
    - Commercial Real Estate Records Victory with Passage of TRIA
    - Short Supply Yields Higher Prices
    - Markets for the Wealthy
    - Saudi Women Pursue Careers in Real Estate

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    Local Market Conditions

    It’s time to continue our look at the latest facts and figures from across the country as we look at the most recent existing home sales report from the NATIONAL ASSOCIATION OF REALTORS®.

    This week we’re going to dig further into the existing home sales numbers, looking at the condo and co-op market in December.

    But first let’s recap what we saw in overall existing home sales for December. After a drop in home sales in November, we saw existing home sales bounce back on a month to month basis.

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    The Down Payment Ladder

    As you may know, things have been changing fast. And one of those things – is the down payment. So let’s start off with a question: if you wanted to buy a house, how much of a down payment would you need? 20%? 10%? 3.5%? Well, fact is, all of those numbers are correct…depending on who you are, and what your needs are. So let’s talk down payments. You know what I mean – skin in the game. Cold, hard cash.

    There’s a misconception among many first-time homebuyers out there that you have to make a down payment of at least 20% in order to buy a home. First off…that’s not true. AND you may be surprised at the number and variety of loan programs that allow you to buy a home with a very low down payment or even no down payment at all.

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    Coming Up with the Cash

    Are you ready for a quiz? Just one question. OK? Here we go:

    What do the majority of people across America say – is the biggest single obstacle to buying a house?

    Finding the right place? Nope. Bad credit? No again. Mortgage rates? Definitely not – since they’re so low.

    No, and so here’s the answer: the biggest single obstacle to buying a house is? Coming up with the down payment. Yep. Coming up with tens of thousands of dollars – it’s hard! And some people figure they’ll never be able to save up that much.

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    Segments For February 14th 2015


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      Hot links

      THE NATIONAL ASSOCIATION OF REALTORS®
      HouseLogic.com
      REALTOR®.com

      Top News Of The Week

      - First Time Buyers Finally Buying
      - S&P Pays Settlement
      - Principal Reduction Still on the Table
      - Homeowners Willing to Make Sacrifices
      - LEED Designations Grow
      - Settlements Will Be Stricter
      - Demand for FHA Mortgages Spikes
      - Down Payment Assistance Widely Available
      - Squatter Sues
      - Hottest Neighborhoods of 2015

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      Local Market Conditions

      It’s time to take a look at the latest real estate facts and figures from across the country. This week we’re looking at the most recent report from THE NATIONAL ASSOCIATION OF REALTORS® detailing 4th quarter metro area home sales and prices.

      And according to the 4thH Quarter Metro Home Sales and Price data released this week, home values are increasing at a steady but slightly stronger rate. In fact, in 2 of the 4 major regions, the Midwest and THE SOUTH, we saw price increases of over 6% on a year to year basis.

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      Home Alone – and Loving It!

      Yes, it’s Valentine’s Weekend, that time of year that we think about love in so many different ways: romantic love, love of family, love of friends and even love of your home.

      But did you know – that on this Valentine’s Day – more Americans than ever before will be enjoying their homes all alone? That’s right – no spouse, no family, no roommates – we’re talking about people who live alone.

      You hear about that every Valentines’ day – headlines that say ‘the loneliest day of the year – if you’re not in a relationship…’ that sort of thing.

      But research says that kind of thinking? Is way off base. Because most of the single people out there are very, very happy to be living alone. Not only that, studies show that people who live alone actually have a more active social life and spend MORE time with friends and neighbors than those who live with other people.

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      The Bouquet Recap

      We’ve made some promises here…and told you we’d present a bouquet…of a dozen ways you can show your house some love! And now it’s time to deliver. We’ve taken the wonderful advice from our guests on today’s show, and arranged them just for you – so here we go – a dozen helpful ideas you can use to demonstrate how much you love your home.

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      Segments For February 7th 2015


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        Hot links

        THE NATIONAL ASSOCIATION OF REALTORS®
        HouseLogic.com
        REALTOR®.com
        Bankrate.com
        BiggerPockets.com

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