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January 2012 saw a sharp upturn in home sales for the Salt Lake County area of Utah.There were a total of 736 Salt Lake Homes sold, the highest level seen since 2007.Even with these strong sales, home prices continued to slide due to the numberof short sales and bank owned properties on the market. The median home pricefor a home was $174,000, down from $196,000 the previous year. This drop was partlydue to the fact that January saw a larger number of smaller home sales, thus takingdown the overall ...

According to the Millennial Housing Commission created by Congress, few lenders are willing to administer home improvement loans. Most prefer to make home equity loans or unsecured consumer loans because they are easier to manage. Home improvement loans usually require inspections and irregular draws on the loan amount as work is completed, which requires regional or national lenders to find local partners to provide oversight.

Financing repairs and improvements with home equity is ...

New housing reports out this month indicate that 2012 might be the year that the housing market begins to turn around and the combination of low interest rates, improved unemployment rates and current low home prices should bring some relief. In addition, according to Freddie Mac's U.S. Economic and Housing Market Outlook survey, home sales are expected to increase between 2 and 5 percent year over year. However sellers trying to sell their home right now know that properties are not moving quickly

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