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Home improvement retail stores say that the housing market is still on the right track despite lower sales the last few months. Retailers are saying that the harsh winter slowed sales, not a lackluster housing market.  Now that spring has arrived, sales have increased significantly. Frank Blake, the Chief Executive Officer of Home Depot said,…

As we continue into storm and hurricane season in the U.S., experts have given a few tips to help homeowners be better prepared for strong winds, flooding, and tornadoes. Don’t wait for a warning in your area to gather flashlights, blankets, batteries, radios and water. Speak with your insurance company and ensure your home is…

New federal rules have made reverse mortgages a safer choice for a wider range of seniors. An increasing number of financial advisors and experts are now recommending reverse mortgages for seniors needing financial assistance. Advisors are striving to make these loans more attractive to seniors in hopes of growing awareness and knowledge of reverse mortgage…

Experts suggest taking a few hours each week to tend to your home in order to keep it well maintained. Whether you are planning to live in your current home for the next 20 years, or are getting ready to put in on the market soon, homeowners should be actively taking care of their house…

According to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey, last week mortgage applications increased 3.6% on a seasonally adjusted basis from the previous week.  The Refinance Index jumped 7% averaging the highest level seen since early April while the Purchase Index fell slightly. Refinance activity made up approximately 50% of all applications.  Additionally, the…

When beginning a move many people feel scared, sad, or anxious that their new house or apartment may not feel like “home”, making the process less appealing. Experts have compiled a few tips that will help movers become more excited about their move, and make their new location feel like “home” very quickly. One idea…

The U.S. luxury-home market is surging this year. Prices of residential properties have significantly increased, and more people are investing in real estate. As the economy and stock market make strides toward improvement, housing market confidence continues to grow. Home purchases for $2 million and up increased 33% in January and February when compared to…

Renter households have been on the rise and home-ownership has fallen among young people since the housing crisis. A new study from Fannie Mae’s National Housing Survey states that younger renters would rather own a home than rent for both financial and personal lifestyle reasons. The reason many younger people are renting is not by…

Experts have given a few tips that homeowners can use to help cool their homes this summer, and save significant money. Replacing air filters on a regular basis is advised, and can help keep your home cooler while saving electricity. A dirty air filter can decrease the cooling system’s efficiency by 2%. Adjusting the thermostat…

Two senators are working to change specific reverse-mortgage rules in an effort to keep heirs safer from foreclosure. A growing number of heirs are facing foreclosure after receiving confusing information regarding their parent or grandparent’s reverse mortgage after the borrower has died. Senators Barbara Boxer and Charles Schumer are pushing for the housing department to…