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topStories Saturday, May 18, 2013
     
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Short Sale Approval and Valuation Issues Continue to Impact Housing Market
Both Fannie Mae and Freddie Mac have implemented policies to expedite the short sales process, including new resources to help determine property values, according to panelists at a property valuation forum during the REALTORS® Midyear Legislative Meetings & Trade Expo. Short sales continue to represent a significant portion of the real estate market. According to the National Association of REALTORS® short sales accounted for 9 percent of transactions during the first quarter of 2013. The short sale process can be frustrating for home buyers, sellers and REALTORS® given that approvals are often complex, ...
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Pillar to Post Sky
Your Place: Tools and Techniques for Cleaning Your Deck

(MCT)—I was looking at my home's back steps, constructed of pressure-treated wood, and decided it was time for the annual get-rid-of-the-mildew-and-seal-them program. For some reason, they aren't looking as green as they were last year, so the job will be...
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HUD and Census Bureau Announce New Construction Activity in April

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today announced the following new residential construction statistics for April 2013: Building Permits - Privately owned housing units authorized by building permits...
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How Companies Can Update the Workplace

Your technology may be cutting edge, but how is your workplace environment? Does it need an update, or maybe an upgrade? If you want your company to achieve the best results, then maybe it’s time to focus on the workplace. Up to 70 percent of knowledge workers are not...
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The Cutting Edge Your Listings Need

Since the advent of YouTube, video has exploded on both a global and hyperlocal scale. Businesses and industries everywhere have been employing video to promote their services and appeal to their consumers, and rightfully so. The real estate industry...
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Homespun
Real Estate Q&A: With Retirement in Full View, Try to Avoid Refinancing
By Gary M. Singer
(MCT)—QUESTION: I have five years left until I pay off my 30-year mortgage. I received an offer to refinance, which certainly is tempting, but I’m getting pretty close to retirement. Should I lighten my burden now or try to hold on for five more years?
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Real Estate Q&A: No-Cost Refinancing Actually Costs Something

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