Real Estate Now | February 1, 2016

Real Estate Now | February 1, 2016

Real Estate News, Testing
  This week, our content covers two areas: the current state of the real estate industry and a glimpse into a future where current "smart" technologies are fully integrated into society's daily life. Don't forget, there’s something for everyone to read, so make sure to share what articles resonated with you the most over at the Champions School of Real Estate Facebook and Twitter pages!   1. U.S. Home Prices Rise 5.8 percent in November, Hit All-Time Highs in 4 Cities, The Associated Press "Several metro areas have fully rebounded from the downturn. Four metro areas — Dallas, Denver, San Francisco and Portland Oregon — have either matched or eclipsed their all-time highs."   2. These 8 Hidden Underground Cities Are Groundbreaking (Literally), ZipTopia "From subterranean parks and malls to inverted skyscrapers and tunnel-bound…
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On the Horizon: Boomerang Buyers

Testing
cc Your Newest Clients: Boomerang Buyers According to TransUnion, "During the mortgage bubble in 2006, 78 million consumers, or 43% of credit-active consumers in the U.S., had a mortgage. More than 8% of these consumers were “impacted,” defined by TransUnion as those who were 60+ days past due on a mortgage loan, lost their mortgage through foreclosure, short sale or other non-satisfactory closure, or had a mortgage loan modification between the Bubble and Burst." d [caption id="attachment_1816" align="alignnone" width="584"] Source: TransUnion[/caption] TransUnion found that approximately 700,000 "Boomerang Buyers" who went through a foreclosure, short sale, loan modification, 60-day delinquency, or other problems during the foreclosure crisis beginning in 2008 may qualify for a mortgage loan this year. These Boomerang Buyers may qualify for loans now thanks to time: Credit scores have…
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Flashcard App Quiz

Testing
Over on Facebook, we asked our friends if they could guess the term to this definition:  "A shared wall - owners owe each other a duty of joint support - no action by one owner can harm the position of the other."    Can you guess the term?   The answer? Party Wall. Did you guess correctly?   Click on icons below to download your app:  
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