The Census Bureau's newest release on construction spending
showed a 2.8 percent increase in spending activity for private
residential projects in May 2012. On a three-month moving average
basis, spending has increased during each of the last 8 months.
This release also featured revisions to prior estimates dating back
to January 2010. While...
Refinance volume is continuing to rise with more underwater
borrowers refinancing through the Home Affordable Refinance Program
(HARP) than ever before. According to the Federal Housing
Finance Agency's (FHFA) latest Refinance Report, HARP loans
represented 20 percent of total refinance volume in May, the
largest increase since the pro...
"Studies on homeownership prove that it enhances our lives in
many ways, and among them is how we plant deeper stakes within the
communities we call home," notes John L. Heithaus, CMO of MRIS.
"Since navigating the housing market has become more complex than
ever, any potential homebuyer, whether a first-time buyer or not,
can benefit from s...
"Water is the number one cause of damage to the homes we live
in," says Jamison Brown with AmeriSpec Home Inspection Service in
"Excessive water around and under the footprint of the home can
produce a host of unwanted consequences - fungal growth and
To protect your home, the soil around the...
As Americans prepare to celebrate Independence Day next week,
thousands of them will flock to places like Mount Vernon,
Monticello and Peacefield to learn and understand more about our
country's history and the men and women who shaped its future. The
homes of founding fathers like George Washington, Thomas Jefferson
and John Adams were more...