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Fewer home owners are underwater on their homes according to Zillow report

Dennis Norman

The percent of American home owners with mortgages in a negative equity position fell to 21 percent in the third quarter of this year, down from 23 percent in the second quarter, as home values stabilized in the short term and more underwater homeowners lost their homes to foreclosure, according to the third quarter

Continue reading… Fewer home owners are underwater on their homes according to Zillow report

Agents: Want to sell 334,000 additional homes? Get the tax-credit extended!

By: Dennis Norman

Between Dec 1, 2009 and Nov 30, 2010 334,000 people would buy homes if the homebuyer tax credit of $8,000 is extended according to a survey done by Zillow.com.

According to the survey nearly one in five (18 percent) prospective first-time homebuyers said extending the $8,000 tax credit would be the primary influence on

Continue reading… Agents: Want to sell 334,000 additional homes? Get the tax-credit extended!