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Jennifer Yankovec
Phone: (952) 253-5600
Cell: (952) 215-1724
jen@jenniferyankovec.com



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Number of Properties With Equity Is Rising While Total of Underwater Homes Declines

Number of Properties With Equity Is Rising While Total of Underwater Homes Declines

Approximately 254,000 properties regained equity in the first quarter of 2015, bringing the total of residential mortgaged properties with equity nationwide up to 44.9 million – approximately 90 percent of all mortgages, according to datareleased by CoreLogic on Tuesday. While more than a quarter of a million homes regained equity during Q1, the percentage of residential properties with […]


Strong Housing Market In Urban Areas Drives More Positive Outlook on Local Economies

Strong Housing Market In Urban Areas Drives More Positive Outlook on Local Economies

Minorities were found to generally have a more positive outlook toward their local economy and job situation than Whites across all income brackets, according to a survey released this week byNeighborWorks America, a Washington, D.C.-based community development non-profit and grant maker. The differences in attitudes were generally split regionally, with those who live in urban […]


Fed Reports Household Wealth Rose to $85 Trillion in Q1

Fed Reports Household Wealth Rose to $85 Trillion in Q1

Increases in home prices and the stock market pushed household wealth to nearly $85 trillion for the first quarter of 2015, according to the Federal Reserve’s statistical release titled “Financial Accounts of the United States” released Thursday. The net worth of households and nonprofits rose increased by $1.63 trillion to $84.9 trillion during the first quarter […]


Outlook for Housing and Economy Remain Positive Despite Q1 GDP Contraction

Outlook for Housing and Economy Remain Positive Despite Q1 GDP Contraction

In its second of three estimates of real gross domestic product (GDP) growth for the first quarter released Friday, the U.S. Bureau of Economic Analysis (BEA) issued a downward revision of what analysts had already deemed “paltry” growth of 0.2 percent in the advance estimate for Q1 reported at the end of April. According to the BEA’s second […]


Pending Home Sales Increased to the Highest Level since June 2013

Pending Home Sales Increased to the Highest Level since June 2013

WASHINGTON (March 30, 2015) – Pending home sales in February increased to their highest level since June 2013 as sizeable gains in the Midwest and West offset smaller declines in the Northeast and South, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 3.1 percent to 106.9 […]


Based on Recent Signs, Analysts Still Hold High Hopes for Housing Recovery in 2015

Based on Recent Signs, Analysts Still Hold High Hopes for Housing Recovery in 2015

Following a disappointing year for housing in 2014, analysts expect housing to rebound in 2015 and reach a point of “sustainable recovery,” according to a recent report from the Wall Street Journal. Economists at both Fannie Mae and Freddie Machave stuck to their predictions that housing will recover in 2015 despite receiving recent reports of slower-than-expected economic growth in the first quarter, […]


Study Says Homebuyers Should Do Their Homework When Shopping for a Mortgage  

Study Says Homebuyers Should Do Their Homework When Shopping for a Mortgage  

When it comes to shopping around for a new home, buyers should also shop around for the right mortgage lender, say Fannie Mae economists Qiang Cai and Sarah Shahdad. In the latest Fannie Mae National Housing Survey, studying the mortgage shopping experience homebuyers navigate these days, the authors found that two-thirds of buyers‒‒particularly the young and those who’ve […]


Hiring a real estate professional is not only the easiest way to sell your home, it’s also the smartest.

Hiring a real estate professional is not only the easiest way to sell your home, it’s also the smartest.

In recent years, many metro areas have seen double-digit home-price increases. However, in 2014, those increases have slowed significantly, according to Trulia’s Price and Rent monitor. Now that the winter ground is beginning to thaw (well, a little) and spring is approaching, the busiest time of the year for home sales is upon us. But what […]


Pending Home Sales Hit 1-1/2 Year High in January

Pending Home Sales Hit 1-1/2 Year High in January

Published February 27, 2015 Reuters REUTERS Contracts to purchase previously owned U.S. homes rose to their highest level in 1-1/2 years in January, a hopeful sign that the sluggish housing recovery may be gaining speed. The National Association of Realtors said its pending home sales index rose 1.7 percent last month, a gain that more […]


Foreclosure Inventory Down Despite Rise in Starts

Foreclosure Inventory Down Despite Rise in Starts

Author: Brian Honea February 25, 2015 Foreclosure inventory was way down nationwide year-over-year in January  despite a 5.5 percent month-over-month increase in foreclosure starts, according to Black Knight Financial Services‘ First Look at January Mortgage Data. Foreclosure starts totaled 94,300 for January, which was the highest number since December 2013. January’s total was a 5.5 percent increase from December […]