NEW! BP Podcast 019: Starting Out Tips, Short Sales, and Working with Virtual Assistants w/ Tracy Royce

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A selection of the best real estate news and content, updated throughout the day

Share 1 Amateur investors tap 401(k)s to buy homes
from cnn.com — In order to get in on hot housing markets, amateur investors are buying up homes and taking risky measures -- like tapping their retirement accounts -- to fund the deals.

Share Roughly 40% of existing homes sold in the US are sold in the South

from realtor.org — April home sales data show that about 40 percent of all existing homes in the US are sold in the South.  At the current seasonally adjusted sales rate, that’s more than 2 million a year. For decades, the South has had the largest number of housing units and owner-occupied housing units.  As the South’s share [...]

Share Fannie Mae: Economy Will 'Reaccelerate' in 2nd Half of 2013

from dsnews.com — Fiscal drags such as the sequester may have weakened economic momentum, but the economy should "reaccelerate" in the second half of this year as financial and housing conditions improve, according to Fannie Mae's Economic and Strategic Research Group. In its most recent economic outlook, the group revealed expectations for the economy to continue the modest recovery and grow 2.2 percent this year, up from 1.7 percent in 2012 and 2 percent in 2011.

Share NAHB Reveals Top Five Most/Least Affordable Major Housing Markets
from realtybiznews.com

Share The 15 Worst Housing Markets For The Next Five Years - Business Insider
from google.com

Share Houston Home Sales Hit a Six-Year High; Prices at All-Time Record High
from realtynewsreport.com

Share D-FW home foreclosures down almost 40 percent this year - Dallas Morning News (blog)
from google.com

Share Nearly half of all US homeowners with a mortgage still ‘underwater’ in Q1
from inman.com

Share California Housing Market Made Exceptional Gains Last Month
from biggerpockets.com

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