Dec 24 2010
Week in Review: What We Liked From the Week That Was

Week in Review: What We Liked From the Week That Was

308,745,538: The population of the United States, according to the latest Census data. The data portrays a “new portrait of America” with a continued migration from the northeast to the southern and western regions. Overall, the country’s population grew 9.7%, the slowest growth rate since the Great Depression, and the results are causing a shake up in the Capital as states gain and lose representatives.

In other numbers, existing-home sales increased 5.6% last month, and prices also rose for the first time since August.

Home break-ins are not always done by a burglar in a dark mask. There are mounting reports of banks breaking into homes illegally, further drawing scrutiny on the “botched” foreclosure process. A number of lawsuits outline banks wrongfully changing the locks, shutting off utilities and selling possessions of homeowners who say are undeserving of such actions.

Strategic defaults are becoming a more attractive option. According to a recent survey, 48% of homeowners with a mortgage said they would consider walking away from their home if they owed more on it than it was worth. Six months ago, it was 41%. Interestingly, men are more willing to walk away than women.

Does your city rank? Men’s Health and Women’s Health have released their annual best and worst cities to live in based on health and wellness, fitness and quality of life factors. Topping the list for men is Madison, Wisconsin and for women, Plano, Texas. Do you agree with the results?

Have a client who is not interested in a fixer-upper? It’s all about looking past the superficial parts of a house and inspecting the foundation and basement to ensure a happy homeowner!

A staple of the 1950s and 1960s is making a fierce and fashionable comeback: the carport. In many modern cases, the structures are no longer considered to lessen the value of a home as the 21st century versions are eco-friendly as they provide better indoor air quality, stylish, and versatile. Check out some of the designs!

For those who celebrate, Merry Christmas!

Sherry Chris

President and CEO
Better Homes and Gardens Real Estate LLC

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