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October 24, 2014

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Fewer Claims for Unemployment Insurance in August Portend Lower Unemployment Rate

Fewer Claims for Unemployment Insurance in August Portend Lower Unemployment Rate

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses unemployment insurance claims. Initial claims for unemployment insurance dropped in the last week of August to 323,000 claims, the lowest number of claims filed since the economy fell under [...]

What are retirement equity release mortgages?

For many people the home is the most valuable asset they have. However, accessing the equity can be very difficult unless you sell your home. Equity release mortgages, sometimes called reverse mortgages, are mortgages that allow you to access the equity in your home without selling it. It works similar to a home equity loan […]

Final QRM: Good for Consumers and Private Capital

Final QRM: Good for Consumers and Private Capital

After nearly three years of deliberation, regulators have finalized an important rule that impacts housing.  The Qualified Residential Mortgage (QRM) rule avoids an onerous and costly down payment requirement for consumers and gives creators of mortgage backed securities one less uncertainty on their road to recovery.  The immediate impact may be small, but another piece […]

3 Photos That Will Make You Want to Stage a Vacant Listing

3 Photos That Will Make You Want to Stage a Vacant Listing

By Patti Stern, Principal PJ & Company Staging and Interior Decorating After making a desperate $50,000 price reduction on her parent’s well-maintained home a “Today Show” viewer asked real estate expert, Barbara Corcoran, if she should remove the dated furnishings. Corcoran’s advice: Never list a home without furniture. Stage it! Vacant homes aren’t memorable and […]