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Sunday, March 15, 2015

The House that Twitter Sold


The house that Twitter sold

Agent gives house personality in more ways than one

A blog from the National Association of Realtors said that home showings jumped from one or two a weekend to six and eight after the Twitter account debuted. -- Brena Swanson in HousingWire http://www.housingwire.com/blogs/1-rewired/post/33200-the-house-that-twitter-sold
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The End of the Pre-Approval

Under the new rules, a lender would not be able to require a borrower to submit any information verifying income prior to issuing a pre-approval. -- Ari Karen in NationalMortgageNews.com
http://www.nationalmortgagenews.com/news/origination/the-end-of-the-pre-approval-1046241-1.html?
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Shared by Majda Pal, Cave Bath Miskolctapola Hungary

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Nat'l Real Estate Post:
Homes within 1/4 mile of a Starbucks show much greater appreciation than those homes which aren't.  Starbucks has a great businesss model and knows where to put their locations.
Also, H.R. 650  is a bill to give the manufacturers of manufactured homes less oversight and therefore more sales.  (Listen to the video.  It sounds like a good bill the way Frank and Brian tell it.)
http://thenationalrealestatepost.com/how-starbucks-improves-home-values/?
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Appraisers valued homes 0.13% lower than homeowners estimated in February, according to the Quicken Loansnational Home Price Perception Index.
This is the first time appraiser opinions fell below homeowner estimates since August 2013. --Trey Garrison in HousingWire http://www.housingwire.com/articles/33205-appraiser-opinions-fall-below-homeowners-for-1st-time-in-18-months
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Shared and taken by Jerzy A. Witek,  Mariacka Street, Gdansk (at night)

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The Quicken Loans Home Value Index found that home values increased by 1% month-to-month and by more than 8% year-over-year, largely driven by gains in the West. Home values rose in Western states by nearly 2.5%, while in the South, the Northeast and the Midwest values barely budged. -- Jacob Passy in NationalMortgageNews.com
http://www.nationalmortgagenews.com/news/origination/home-values-increase-1-nationwide-in-february-1046262-1.html?
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Top 10 Most Expensive Cities in the World
Singapore is #1
http://www.economist.com/blogs/graphicdetail/2015/03/daily-chart
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Shared by Phuong Nhu Pham, Berlin Germany


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Massachusetts Homes Sold Despite All the Snow

(A very good article, humorous in spots.)
© 2015 The Salem News, Beverly, Mass.. Distributed by Tribune Content Agency
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“There are signs that this trend is starting to reverse, however. The US economy is now growing strongly, with real incomes rising rapidly and mortgage credit conditions loosening,” Stansfield says. “That means more young adults will have the means to strike out on their own. So, if this pent-up demand for housing is released over the next few years, will household formation surge, putting significant upward pressure on both homebuilding and house prices?” -- Trey Garrison in HousingWire http://www.housingwire.com/articles/33228-is-household-formation-set-for-a-rebound
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Shared by Sandy Somewhere, taken by Diana von Burren, Pula Croatia

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