9 facts about the program for first-time homebuyers that gets no love

Mortgage Credit Certificates (MCCs) are an attractive option for homebuyers hoping to qualify for a loan in states that run the program. As the program’s tax credits can be used as qualifying income, lenders will underwrite to a higher purchase price t…

Markets where sellers are reaping big profits from price gains

Nationwide homeowners who sold during the third quarter of 2015 sold for an average of $40,658 more than what they purchased their home for, translating into an average gain of 17 percent. That was the biggest percentage gain for U.S. home sellers sinc…

Markets where sellers are reaping big profits from price gains

Nationwide homeowners who sold during the third quarter of 2015 sold for an average of $40,658 more than what they purchased their home for, translating into an average gain of 17 percent. That was the biggest percentage gain for U.S. home sellers sinc…

3 tips to increase your sales to international buyers

In the past 12 months, international buyers spent $104 billion on U.S. real estate, and that number is growing quickly. Even more importantly, international buyers are typically buying a higher-priced house than Americans do — on average foreigners bu…

The heroin addict next door

Technology has made business easier for everyone, even heroin dealers. They sell the deadly drug with mobile phones and car-to-car transactions. The deals can take place in mall parking lots, at gas stations and in suburbs …

Infographic: 5 markets where buyers are back in 2015

Through August, sales of single-family homes and condos were at an eight-year high nationwide with a growing share of buyers using FHA loans to purchase. RealtyTrac looked at the markets with at least 10,000 single-family home and condo sales through t…

Is the zombie foreclosure eating your client’s property value?

This infographic shows exactly why you are going to have a more difficult time selling your home if you live within 600 feet of an zombie foreclosure. …

Federal lawsuit takes aim at ‘interest minimizer’ mortgage program

A mortgage payment program that bills itself as “one of the greatest financial secrets of our time” is in hot water with the Consumer Financial Protection Bureau, which on May 11 filed a lawsuit in federal court alleging the program misled consumers and made false promises they could save thousands of dollars in mortgage interest …

2 Ohio MLSs sign up for CoreLogic’s Matrix platform

Two Ohio multiple listing services that share a listing database have signed a five-year agreement to license the Matrix MLS platform from real estate information and technology provider CoreLogic. As of March 2014, Matrix will power the Northeast Ohio…

RealtyTrac names ’20 best places to buy foreclosures’

Most big metro markets saw increase in homes hit with filings in 2012read more