{"id":6755,"date":"2011-06-13T09:32:21","date_gmt":"2011-06-13T14:32:21","guid":{"rendered":"https:\/\/bhgrealestateblog.com\/?p=6755"},"modified":"2024-12-30T11:12:47","modified_gmt":"2024-12-30T16:12:47","slug":"week-in-review-what-we-liked-from-the-week-that-was-31","status":"publish","type":"post","link":"https:\/\/bhgrecareer.com\/bebetterblog\/week-in-review-what-we-liked-from-the-week-that-was-31\/","title":{"rendered":"Week in Review: What We Liked From the Week That Was"},"content":{"rendered":"<p style=\"text-align: justify\">Are <a href=\"http:\/\/www.dsnews.com\/articles\/double-dip-altos-says-prices-have-been-steadily-rising-since-then-2011-06-02\">home prices<\/a> on the rise?\u00a0 Yes, according to two recent reports.\u00a0 Altos Research concludes that <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/816501ec-91fd-11e0-b8c1-00144feab49a.html#axzz1OmkXzdgL\">list prices of homes rose<\/a> in 24 of 26 cities studied in May, a move that is bringing optimism to some in the industry.\u00a0 Separately, <a href=\"http:\/\/www.huntingtonnews.net\/4873\">CoreLogic<\/a> found that prices rose in April compared to the previous month in 6,507 of the postal codes it examines &#8212; the first month-over-month increase since mid-2010.<\/p>\n<p style=\"text-align: justify\">Another positive report found that in the first quarter of the year, the number of <a href=\"http:\/\/www.latimes.com\/business\/realestate\/la-fi-underwater-20110608,0,6458273.story\">borrowers underwater<\/a> on their mortgages declined.<\/p>\n<p style=\"text-align: justify\">Talk about turning the tables\u2026A Florida couple who was <a href=\"http:\/\/www.usatoday.com\/money\/economy\/housing\/2011-06-06-foreclosure-bank-of-america_n.htm?loc=interstitialskip\">wrongfully foreclosed upon<\/a> by Bank of America &#8212; they had actually paid cash for their home &#8212; made headlines this week when they threatened to <a href=\"http:\/\/www.nydailynews.com\/news\/national\/2011\/06\/05\/2011-06-05_florida_couple_threatens_bank_of_america_branch_with_foreclosure_after_they_were.html\">foreclose on a local Bank of America<\/a> branch after it failed to pay for the couple\u2019s legal costs as ordered by a judge.\u00a0 The couple secured the judge\u2019s blessing to <a href=\"http:\/\/bucks.blogs.nytimes.com\/2011\/06\/08\/angry-homeowners-foreclose-on-lenders\/\">seize assets from the branch<\/a> to sell off at a local auction.\u00a0 Needless to say, before the movers could start taking furniture, the money was paid on the spot.<\/p>\n<figure id=\"attachment_6756\" aria-describedby=\"caption-attachment-6756\" style=\"width: 300px\" class=\"wp-caption alignleft\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-6756\" title=\"At a median age of 42.7, Maine has the oldest population in the United States\" src=\"https:\/\/bhgrecareer.com\/bebetterblog\/wp-content\/uploads\/sites\/11\/2011\/06\/maine-300x199.jpg\" alt=\"At a median age of 42.7, Maine has the oldest population in the United States\" width=\"300\" height=\"199\" \/><figcaption id=\"caption-attachment-6756\" class=\"wp-caption-text\">At a median age of 42.7, Maine has the oldest population in the United States<\/figcaption><\/figure>\n<p style=\"text-align: justify\">At a median age of 42.7, <a href=\"http:\/\/money.cnn.com\/2011\/05\/26\/real_estate\/americas_oldest_states\/index.htm\">Maine<\/a> has the oldest population in the United States, but Florida took the crown for the largest percentage of senior citizens (17.3{0a8e414e4f0423ce9f97e7209435b0fa449e6cffaf599cce0c556757c159a30c} compared to the national average of 13{0a8e414e4f0423ce9f97e7209435b0fa449e6cffaf599cce0c556757c159a30c}).\u00a0 Utah, Texas and Alaska are among the states with the youngest median age.<\/p>\n<p style=\"text-align: justify\">I have long held that ultimately the surrounding community will determine how happy you are with your home purchase.\u00a0 A writer with MainStreet outlined seven types of <a href=\"http:\/\/realestate.msn.com\/7-neighborhood-threats-to-your-homes-value\">less-desirable neighbors <\/a>that can substantially decrease property value, including closed schools and delinquent bill payers. (To be a desirable neighbor, spruce up your curb appeal. <a href=\"http:\/\/realestate.msn.com\/picture-perfect-14-homes-with-curbside-wow\">For inspiration check out this slideshow.<\/a>)<\/p>\n<p style=\"text-align: justify\">In closing, spectators gathered this past week in England for the annual <a href=\"http:\/\/www.soglos.com\/sport-outdoor\/31375\/Cotswold-Olimpick-Games-2011-video\">Shin Kicking competition<\/a>. I am all for traditions- this one has been going on over <a href=\"http:\/\/www.thesun.co.uk\/sol\/homepage\/news\/3620779\/Shin-kicking-contest-in-Cotswolds.html?OTC-RSS&amp;ATTR=News\">400 years old<\/a>&#8212; but this just seems, well<em>, painful!<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are home prices on the rise?\u00a0 Yes, according to two recent reports.\u00a0 Altos Research concludes that list prices of homes rose in 24 of 26 cities studied in May, a move that is bringing optimism to some in the industry.\u00a0 Separately, CoreLogic found that prices rose in April compared to the previous month in 6,507 [&hellip;]<\/p>\n","protected":false},"author":181,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[],"class_list":["post-6755","post","type-post","status-publish","format-standard","hentry","category-commentary"],"yoast_head":"<!-- This site is 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