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Homes market remains steady this summer

Sales flat, but prices show gains

Bank of America settlement may benefit few

WASHINGTON – Bank of America’s record $16.65 billion settlement for its role in selling shoddy mortgage bonds – $7 billion of it geared for consumer relief – offers a glint of hope for despe...

Understanding general terms of sales contract

This week we want to take the opportunity to review a few of the basic terms of Colorado real estate contracts. It is beneficial to have general knowledge of these agreements because most of...

Sales of U.S. new homes fall in July

The Commerce Department says new home sales fell 2.4 percent last month to a seasonally adjusted annual rate of 412,000. The report also revised up the June sales rate to 422,000 from 406,00...

Welcome home to Bayfield

Town offers affordable, quaint, country living

Existing home sales up for 4th consecutive month

Existing home sales climbed in July to their fastest pace this year, providing further evidence that the housing market is bouncing back after a sluggish first half of the year. S...

Decorating touches help retreats sparkle

DALLAS – From airy beach houses filled with light to rustic retreats tucked into the mountains, vacation homes can lead to inspired decorating. “You love that place, that’s why yo...

Fannie Mae sees lower home sales in 2014

Mortgage giant Fannie Mae forecasts fewer home sales in 2014, citing conservative consumers. Harsh winter weather hampered housing starts and sales in the first half of the year, but some ec...

Late-payment rate on mortgages decreases in second quarter

LOS ANGELES – Fewer U.S. homeowners are falling behind on their mortgage payments, a trend that has reduced the late-payment rate on home loans to the lowest level in six years, according to...

Cortez company retools for rentals

The post-recession real estate reality for Cortez is a hot rental market. For one local real estate entrepreneur, that meant transforming her business model to include property ma...

Improving market luring would-be brokers

MIAMI – To motivate a classroom packed with 87 aspiring real estate agents, instructor Keith Grandy started off his one-week, intensive course with the promise of big money: With hard work, ...

Choosing the right broker is important

The choice of the right real estate broker is the most critical part of the home buying or selling process. Unfortunately, most buyers and a majority of sellers end up working with the first...