Consumer confidence drops while home prices indicate a housing recovery, the difference professional photos make in selling your home and much more. Here are the real estate headlines you may have missed this week:
Home prices signal recovery may be here (via CNNMoney)
The S&P/Case-Shiller national home price index, which covers more than 80 percent of the housing market in the United States, climbed 6.9 percent in the three months ended June 30 compared to the first three months of 2012. Read Full Story
Pay cash or finance? (via The Wall Street Journal)
Imagine yourself a banker, the gatekeeper to a limited pile of money. You’re sitting across the desk from you. Would you give yourself a loan? Read Full Story
Half of homeowners under 40 are still underwater (via The New York Times)
Younger borrowers are more likely to be affected by negative equity in part because they generally have been in their home for shorter periods of time and had less time to build equity before the housing debacle. Read Full Story
No-fee mortgage option is on the way (via CNNMoney)
Lenders would have to offer potential home buyers an option to get mortgages with no fees, under a rule proposed by the Consumer Financial Protection Bureau. Read Full Story
Get a picture-perfect home sale (via The Wall Street Journal)
Listings of homes with photos taken by professionals have about 61 percent more views than listings without – and that’s across all price tiers, according to research from Redfin, a real-estate brokerage firm. Read Full Story
Consumer confidence drops in August, down to late 2011 level (via The Los Angeles Times)
The Conference Board’s consumer confidence index fell to 60.6 this month, from 65.4 in July, driven not by what people feel about the current situation but their concerns about where the economy is headed. Read Full Story
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About Daniel Di Matteo
THE REAL ESTATE BUSINESS HAS LESS TO DO ABOUT SELLING PROPERTIES AND EVERYTHING TO DO ABOUT HELPING PEOPLE.
