Each Friday we share with you the must-read, real estate news of the week. We’ve got everything you need to know to stay on top of breaking industry news and trends.
Grab your coffee and get reading!
“How Homeowners Can Know Whether They Qualify For The $26 Billion Housing Settlement”
It took over a year for lawmakers and state AGs to agree to the terms of the $26 billion foreclosure settlement announced this week, and it could take up to another three years for eligible homeowners to see a share of that money. But the deal does mean that, for the first time, many distressed homeowners can take steps toward getting some tangible relief. First, the basic terms of the settlement: Under the deal, $20 billion will be allocated to principal reductions and mortgage refinance assistance, and $1.5 billion to homeowners who were improperly foreclosed upon — victims of the so-called robo-signing scandal. About 1 million homeowners will qualify for principal reductions of up to $20,000, and some 750,000 who were foreclosed upon between January 2008 and December 2011 will receive $1,500 to $2,000 checks. The rest of the settlement will be distributed to the states and federal government for foreclosure prevention programs. Continue reading . . .
“Top Turnaround Housing Markets For 2012”
AOL Real Estate reports on the top turnaround towns across the U.S. in 2012. The towns taking the top three spots are: Miami, FL, Phoenix, AZ and Orlando, FL. Continue reading . . .
“6 Design Tricks For A Small Home”
Small square footage can turn off potential home buyers, but MSN Real Estate provides six design tricks for making more of a small space. Put these into practice in your staging and you’ll be seeing offers in no time. Continue reading . . .
“11 Ways To Perk Up A Home In 2 Days Or Less”
This week Style List Home provided a great round up of quick and easy home improvements. Check out the list for suggestions like: hanging an over head pot rack, covering an unsightly radiator or mounting a flat screen TV. Continue reading . . .
“How Real Estate Agents Can Increase Their Business Using Facebook”
Enjoy this video interview with Thomas Arnold, client partner at Facebook, where he shares tips for how real estate professionals can maximize their engagement and lead generation through Facebook. Continue reading . . .
“How Checking In To Properties Can Deliver Your Next Deal”
Our most popular post on the blog this week came from our of our very own System members, Heather Elias of CENTURY 21 Redwood. Heather test drove Trulia’s new check-in functionality for agents and provided us with her detailed review. Continue reading . . .
“How To: Instantly Locate Your Websites Backlinks On Pinterest”
The social media site Pinterest is quickly gaining popularity and as such, it’s important to know who is pinning content you’ve created. This incredibly useful and easy to follow blog post from Inman Next details how you can check to see if your website, blog, photos or videos are being pinned. Continue reading . . .