The week’s best real estate stories:
- Short-Sale Fraud by Realtors
From Jim the Realtor, in Southern California. The way short sales work.
- Buying more beneficial than renting in 64% of metros | HousingWire
In 64% of metro areas nationwide, buying a home is a better financial decision than renting for residents planning to stay in their home for at least three years, Zillow claims in a new report.
- The Pleasures and Pitfalls of Frank Lloyd Wright Homes – WSJ.com
For those willing to accept the challenge of owning a dwelling designed by America’s most-famous architect, there are about 20 Wright homes currently up for sale in eight states.
- Is It Better to Rent or Buy? It Depends on Location and Time
There are many difficult choices to make when deciding whether to rent or buy a home, but one of the most important factors is also among the easiest to determine: How long do you plan on staying in the home or neighborhood under consideration?
- Tightened lending standards improve credit quality
Tighter lending standards have improved the housing market to pre-housing bubble norms, with only 2.5% of mortgages originated in 2010 becoming delinquent within their first three years, an article in the Chicago Tribune reported.
- Is an FHA Loan Right for You?
- CoreLogic: Real estate recovery is locally driven
I have been saying for years: All real estate is local, and even micro-local
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