Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of Realtors. FULL STORY->

When even the Case-Shiller index, which ranks as the gloomiest of all the measures of house price movements, starts reporting gains then you know something is stirring out there in real estate. FULL STORY-> On May 20 President Obama signed into law the Helping Families Save Their Homes Act. Understandably, primary attention has been paid to the Act's provisions that are designed to help distressed homeowners avoid foreclosure. But the Act has other beneficiaries as well. One group that will receive particular assistance from this new law is those people who -- often in good faith -- are renting a property that goes into foreclosure. FULL STORY-> The median age of Canadians who own second homes is 50. As the baby boomers age and begin to sell their recreational properties, is the next generation of buyers ready to buy those cottages and chalets? FULL STORY-> Critics of Fannie Mae's and Freddie Mac's controversial new appraisal rules ratcheted up the pressure before the July 4 congressional recess with the introduction of bipartisan legislation that would mandate an 18-month moratorium on the “Home Valuation Code of Conduct.” FULL STORY-> When a decision is made to make an offer to purchase a home, be sure to go back and take a second look. It is so much easier changing your mind about a home before a contract offer is made than after a contract offer is accepted and signed by the seller. This second appointment would be a perfect time to bring along others who may have an impact on a buying decision, such as parents, friend, contractor, etc. FULL STORY-> Go e-PRO.
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