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TransUnion Reports Improvement in National Delinquency Rate

Mortgage borrowers in the United States who are 60 or more days late on their monthly payments dropped to 6.19 percent for the first quarter in 2011, according to data released by the credit bureau of

Housing Affordability Different for Five Different Ethnic Groups

For the first time, the National Association of Home Builders (NAHB) quarterly index was broken down across five different races/ethnic groups to analyze differences in income and housing affordability in

Lenny Kravitz Redesigning Paramount Bay

The owners of the 346-unit Paramount Bay condo building, recently auctioned off, have hired rock star Lenny Kravitz to redesign its amenities before it

Florida Home Sales Trend Upward

Existing home sales in Florida followed the national trend upward in the first quarter, increasing 13 percent to more than 44,500 homes statewide compared to last

ActiveRain Sold to Nikesh Parekh

ActiveRain, the online community that caters to 207,317 real estate professionals, was sold by co-founder and former CEO, Jonathan Washburn, to Market Leader, Inc. employee (and former consultant) Nikesh

NAR Members Voice Opposition on Dues Increase

RealTown poll results revealed that the majority of National Association of Realtors (NAR) members are opposed to membership due increases, with 2,502 (over 82 percent) members voting no on the Political Survival Initiative which would increase dues by $40/year

Green Designation Program to be Updated in Late Summer 2011

The National Association of Realtors (NAR) has found that the desire for environmentally sustainable buildings is an ongoing trend, constantly gaining momentum, especially since the initiation of the Green Designation program in late

Home Sales Remain Steady But Home Values on the Decline

Zillow found that home values have been on the decline for 57 consecutive months, despite the National Association of Realtors tracking a rise in home prices in over 20 percent of metropolitan statistical areas, according to Wall Street

Florida Ranked Highest in Mortgage Fraud

In 2010 Florida once again led all states in the amount of reported mortgage fraud, but the Sunshine State is not alone. Mortgage fraud is also prevalent in New York, California, New Jersey and

Increasing Percentage of Homeowners Underwater

Real estate data analytics firm, Zillow, reported that more than 28 percent of US homeowners are currently underwater on their mortgages; data by CoreLogic in early March had previously measured this rate at 23

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