{"id":6913,"date":"2011-07-22T13:51:28","date_gmt":"2011-07-22T18:51:28","guid":{"rendered":"https:\/\/bhgrealestateblog.com\/?p=6913"},"modified":"2024-12-30T11:12:41","modified_gmt":"2024-12-30T16:12:41","slug":"6913","status":"publish","type":"post","link":"https:\/\/bhgrecareer.com\/bebetterblog\/6913\/","title":{"rendered":"Week in Review: What We Liked From the Week That Was"},"content":{"rendered":"

Things have been heating up this week!\u00a0 Temperatures across the country have set records<\/a>.\u00a0 In fact, this year has seen some cities set all time high<\/a> temperatures.\u00a0 Compared with winter 2011, it has truly been an extraordinary year for extreme temperatures.<\/p>\n

Meanwhile, regulators in Washington D.C. are turning up the heat on banks that are still \u201crobo-signing\u201d mortgages \u2013 if you can believe that practice is still going on.\u00a0 The practice exacerbates an already fragile housing market by creating foreclosures around \u201cquestionable\u201d paperwork<\/a>. In investigations, Reuters<\/a> and The Associated Press<\/a> found that loan servicers have \u201cfiled thousands of documents that appear to have been fabricated or improperly altered, or have sworn to false facts.\u201d\u00a0 This is a heat wave (of a different sort) that seems to keep going.<\/p>\n

News also broke that housing starts<\/a> and building permits<\/a> increased more than expected<\/a> in June, which may be the reason<\/a> that home builder confidence<\/a> is rising.\u00a0 Now this is a kind of \u201cwave\u201d I\u2019d like to see!<\/p>\n

\n
\n
\"Many<\/a><\/dt>\n
Many property owners who bought after 2007 are in denial about their home\u2019s value and on average, are overpricing domiciles by 14{0a8e414e4f0423ce9f97e7209435b0fa449e6cffaf599cce0c556757c159a30c}.<\/dd>\n<\/dl>\n<\/div>\n

The price is not<\/em> right. An article on The New York Times Bucks blog<\/a> discusses a recent Zillow survey that found many property owners who bought after 2007 are in denial about their home\u2019s value and on average, are overpricing domiciles by 14{0a8e414e4f0423ce9f97e7209435b0fa449e6cffaf599cce0c556757c159a30c}. Of course, location<\/a> greatly affects a home\u2019s value. To compare average home prices in your area with other cities and towns, check out Coldwell Banker’s 2011 Home Listing Report<\/a>.<\/p>\n

The price was <\/em>right for one Texas man who purchased a \u201cMcMansion foreclosure worth $300,000 dollars for a mere $16 filing fee<\/a> after he claimed “adverse possession” of the property.<\/a> This law, from the 1800\u2019s, was developed to keep abandoned properties from falling into disrepair as long as someone claimed legal obligation to upkeep the property for a period of time (usually 10 years).\u00a0 His new neighbors are not pleased; would you be?<\/p>\n

Check out CNN Money\u2019s slideshow of frontrunners for America\u2019s ugliest homes<\/a>.\u00a0 It is amazing to see what can be done with a little renovating to seemingly \u201cugly\u201d homes.<\/p>\n

Now from the inside looking out\u2026.The Wall Street Journal<\/a> <\/em>this week looked at the trend of homeowners installing giant pieces of glass in order to offer a view from every room through gigantic windows. Speaking of windows, check out these amazing views<\/a> posted on MSN.<\/p>\n

Finally, the American Space Shuttle program ended this week<\/a> with the safe return of Atlantis.\u00a0 What were your favorite memories of the Shuttle program?w<\/p>\n","protected":false},"excerpt":{"rendered":"

Things have been heating up this week!\u00a0 Temperatures across the country have set records.\u00a0 In fact, this year has seen some cities set all time high temperatures.\u00a0 Compared with winter 2011, it has truly been an extraordinary year for extreme temperatures. Meanwhile, regulators in Washington D.C. are turning up the heat on banks that are […]<\/p>\n","protected":false},"author":181,"featured_media":6914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[],"class_list":["post-6913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commentary"],"yoast_head":"\nWeek in Review: What We Liked From the Week That Was - Better Homes and Gardens Real Estate Be Better Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhgrecareer.com\/bebetterblog\/6913\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Week in Review: What We Liked From the Week That Was - Better Homes and Gardens Real Estate Be Better Blog\" \/>\n<meta property=\"og:description\" content=\"Things have been heating up this week!\u00a0 Temperatures across the country have set records.\u00a0 In fact, this year has seen some cities set all time high temperatures.\u00a0 Compared with winter 2011, it has truly been an extraordinary year for extreme temperatures. 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