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Some custom-home buyers already own a lot, but many rely on a builder or realty agent to help them find one.
A few days after the couple moved in, in August 2005, they got a flier on their door from another realty agent.
Mr. Swan, the realty agent, said inventories of lower-priced homes were already dwindling in Phoenix as investors snapped up bank-owned properties at bargain prices.
Somewhere along the path to the scheduled closing in April, hackers gained access to the email system of the title company, realty agent or mortgage company — no one seems to know which.
Others who have expressed interest include those looking for a location for a wine collection, London's police and local electricity companies, said Niall Gallagher, the realty agent at Farebrother Chartered Surveyors in charge of finding a suitable buyer.
"People who like the design are willing to pay a premium to not live in a Colonial," says realty agent Michael Shapiro of Long and Foster, who specializes in midcentury properties and runs the Web site Modern Capital DC.
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An excellent public school system today draws many newcomers to New Canaan, realty agents said.
Lenders say Freddie's and Fannie's improvements could have benefits for home buyers, sellers and realty agents that may not be immediately obvious.
In some Virginia locations, where the local certification company, Pearl Home Certification, had marketed its services to realty agents, the average price premium was 5percentt.
Homeowners, advocates and realty agents offer particularly pointed criticism of Bank of America, the nation's largest servicer of mortgages, and a recipient of billions of dollars in federal bailout aid.
That has accelerated the pace of sales in the area and even caused prices to slowly rise in the last two months, but realty agents worry about all the distressed homes that are coming down the pike.
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