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The Fate of Fannie and Freddie

Reaction is coming in from the mortgage finance sector concerning the U. S. Treasury's Feb. 11 white paper,which focused on the restructuring of Fannie Mae and Freddie Mac and their eventual phase out. Amherst Securities Group responded that the plans laid out in the white paper will not have a major impact. A statement [...]

CENTURY 21 becomes FIRST NATIONAL REAL ESTATE FRANCHISOR TO IMPLEMENT IDX INDEXING AND DISPLAY FUNCTIONALITY IN COMPLIANCE WITH NEW NAR POLICY

century21.com Provides Enhanced Consumer Search Experience for over 3 Million Property Listings

PARSIPPANY,N.J. (January 10,2011)–Century 21 Real Estate LLC,the franchisor of the world’s largest residential real estate sales organization,today announced that it is the first national real estate franchisor to implement a new search functionality in compliance with the new [...]

Activity Happening In Local Real Estate

Local market in Franklin and Coffee Counties in Tennessee is showing signs of life. Phones are beginning to ring,showings are happening and offers are given and received in a higher volume than in the previous months.

Good News!

Thursday saw Existing Home Sales shoot up 12.3% in December,to an annual rate of 5.28 million,well ahead of the 4.87 million rate the consensus expected. Overall,existing home sales are off 2.9% compared to a year ago,but that’s when sales were artificially boosted by the homebuyer tax credits. All regions showed sales [...]

Homes Getting Smaller

*** BEGIN QUOTE *** The average size of a new single-family home in 2010 was 2,377 square feet,down from 2,438 square feet in 2009 and down from the peak of 2,520 square feet in 2007 and 2008,according to U.S. Census Bureau data presented by Rose Quint,assistant vice president of survey research [...]

Inexpensive Ways To Boost Resale Value

Homegain.com just released the results of its 2011 home improvement survey,showing which less-costly home improvements tend to produce the biggest return on investment (ROI):

*** BEGIN QUOTE *** …the top five home improvements (under $5,000) that real estate professionals recommend to home sellers based on average cost and return on investment (from highest [...]

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Bluff Lots With Fantastic Views

I am excited about several bluff lots that I have just listed. They are awesome! Views of the gorges below and the long sweep of the forested mountain side with privacy a premium benefit of owning and building your dream home on one of the many bluff building sites. Some of the bluff is sheer [...]

Forming Of A Monopoly!

Ten Things to Know About Real Estate in 2010

Ten Things to Know About Real Estate in 2010

Is 2010 the year to buy a house? It certainly looks that way:After a steep run-up in prices during the first half of the decade,home values have plummeted back to 2003 levels. Fixed mortgage rates are sitting near record lows. And the [...]