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Nearly Half of States Within Reach of Peak Home Prices

  Twenty-three states are within 10 percent of their 2006 home price peaks, CoreLogic reports in its latest housing data report reflecting October data.   Home prices have increased 12.5 percent year-over-year. However, prices had a more modest month-over-month gain of 0.2 percent from September to October. CoreLogic’s Home Price Index also reflects distressed sales.  “In […]

Forsyth County 7th Fastest Growing County in United States

For nearly a half century, the death of suburbs and exurbs has been prophesied by pundits, urban real-estate interests and their media allies, and they ratcheted up the volume after the housing crash of 2007. The urban periphery was destined to become “the next slums,” Christopher Leinberger wrote in 2008, while a recent book by Fortune’s Leigh […]

Jumbo mortgage rush: Why the rich are buying

Even as the rest of America pulls back on mortgages, the wealthy are going on a borrowing binge. New data from RealtyTrac show that wealthy buyers are ramping up their use of mortgages to buy homes. In July, 46 percent of people buying houses ranging from $2 million to $5 million used mortgages—up dramatically from […]

Checklist for Finding and Hiring a Builder or Remodeler

Contact your local home builders’ association for the names of member builders and remodelers. You can also ask family, friends or coworkers for recommendations. Make sure the builder or home remodeler has a permanent business location and a good reputation with local banks and suppliers. Find out how long they have been in the building business. It […]

Will Your Home Remodel Pay Off?

Remodeling certain areas of a single-family house is an excellent way for homeowners to add increased functionality and beauty to a property at someone else’s expense. By choosing the right project to enhance your living space, a significant portion of the expense can be passed on to future owners in the form of increased property […]

Rising Tide

Rising TideSingle-family starts and new-home sales were up more than 20 percent in 2012, and foreclosures fell To lowest level in two years.By John Caulfield Consolidating Forces ,the industry’s largest builders continued to capture a bigger chunk of their markets’ home buyers last year. That was especially true of the handful of public and national […]